NOT LISTED FOR SALE

423 25 S Gayoso St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $326,000 - $390,608

4 Beds
4 Baths
1,880 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 19, 2023

Current estimated payment $2,279/month

257 Days on Market

Highlights

  • Craftsman Architecture
  • 5-minute walk to Canal And Gayoso
  • Rectangular Lot
  • Porch
  • Property is in very good condition
  • Fenced

About This Home

As of October 2023

Wonderful investment property or owner occupant !! Updated with contemporary fixtures. Furnished kitchen with stainless appliances, central air and hear on 423 side. Off street parking, fabulous storage under property and fenced back yard.Owner financing available to non-resident investor.

Last Agent to Sell the Property

Corinne Fox

LATTER & BLUM (LATT28) License #000041252 Listed on: 02/03/2023

LATTER & BLUM (LATT28)

Last Buyer's Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,613

Lot Details

  • Lot Dimensions are 30 x 140
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Craftsman Architecture
  • Updated or Remodeled
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,613

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 30 x 140
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 95
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1880.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Updated/Remodeled, Very Good Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Laundry Features: Inside
  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2009
Sold by
Federal Home Loan Mtg Cor
Bought by
Parker Michael R
Current Estimated Value
$350,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$32,483,648
Interest Rate
5.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$32,143,940

Purchase Details

Closed on
Nov 29, 2007
Sold by
Haas Shannon M
Bought by
Trascher Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
6.43%

Purchase Details

Closed on
Mar 1, 2005
Sold by
Lopez Richard J
Bought by
Haas Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.89%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Parker Michael R $50,000 --
Trascher Brian $235,000 --
Haas Shannon M $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delta Avenue Partners Llc $319,000
Open Parker Michael R $50,000,000
Closed Parker Michael R $50,000,000
Previous Owner Trascher Brian $199,750
Previous Owner Haas Shannon M $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold -- -- --
07/31/2023 07/31/23 For Sale $375,000 0.0% $199 / Sq Ft
07/30/2023 07/30/23 Off Market -- -- --
07/26/2023 07/26/23 Price Changed $375,000 -6.0% $199 / Sq Ft
05/21/2023 05/21/23 Price Changed $399,000 -2.7% $212 / Sq Ft
02/03/2023 02/03/23 For Sale $410,000 -- $218 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,613 $33,470 $7,790 $25,680
2024 $4,680 $33,470 $7,790 $25,680
2023 $3,051 $21,030 $6,490 $14,540
2022 $3,051 $20,300 $6,490 $13,810
2021 $3,222 $21,030 $6,490 $14,540
2020 $3,252 $21,030 $6,490 $14,540
2019 $3,285 $20,420 $3,030 $17,390
2018 $3,366 $20,420 $3,030 $17,390
2017 $2,389 $14,740 $2,160 $12,580
2016 $2,437 $14,740 $2,160 $12,580
2015 $2,391 $14,740 $2,160 $12,580
2014 -- $14,740 $2,160 $12,580
2013 -- $5,000 $2,160 $2,840
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Corinne Fox

    LATTER & BLUM (LATT28)

    (504) 239-1481

    6 in this area

    55 Total Sales

    Corinne Fox
    Section Image

  • M

    Buyer's Agent in 2023

    Mason McCullough

    Bridgewater Realty Advisors, LLC

    (504) 274-2701

    4 in this area

    56 Total Sales

    Mason McCullough
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2379763

APN: 1-05-2-045-23

Louisiana Orleans Parish New Orleans 70119 Mid-City

423 25 S Gayoso St, New Orleans, LA

This home is located at 423 25 S Gayoso St, New Orleans, LA 70119 since 03 February 2023 and is currently estimated at $350,402, approximately $186 per square foot. 423 25 S Gayoso St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Morris Jeff Community School.

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