NOT LISTED FOR SALE

428 Lowerline St New Orleans, LA 70118

Black Pearl Neighborhood

Estimated Value: $337,000 - $1,147,588

5 Beds
3 Baths
3,355 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 26, 2021

Current estimated payment $5,163/month

24 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to St Charles And Lowerline
  • Courtyard
  • Balcony
  • 2 Car Detached Garage
  • 4-minute walk to Carver Playground

About This Home

As of February 2021

Elegant Audubon Park area home w/stained glass, marble fireplaces, 10' ceilings and upgrades throughout. Gated covered parking, exterior storage, and flagstone courtyard; upper/lower porches in front. Light-filled kitchen w/ sunset views and spacious living/dining area in owner-occupied 2000 sq ft upper unit. Lower 2bd/1ba unit approx 1400 sq ft w/ strong rental history; recent updates and in move in condition. Generate income with downstairs rental or convert easily into a spacious single-family home.

Last Agent to Sell the Property

Jeff Melancon

RE/MAX Synergy License #995685397 Listed on: 02/01/2021

RE/MAX Synergy

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,031

Year Built

  • Built in 1920

Lot Details

  • Fenced
  • Rectangular Lot
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 3,355 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Courtyard

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 70118428LowerlineST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,031

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 45-46 X 134-138
  • Architectural Style: Traditional
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 100
  • Year Built: 1920
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 3355.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Concrete
  • Exterior Features: Balcony, Courtyard, Fence
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Detached, Garage, Two Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70118428LowerlineST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 26, 2021
Sold by
Weed Jonathan T
Bought by
Baricos William H and Hyman Linda E
Seller's Agent
Jeff Melancon
RE/MAX Synergy
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$795,000
Current Estimated Value
$816,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Weed Margaret M
Bought by
Weed Jonathan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.33%

Purchase Details

Closed on
Jun 3, 2011
Sold by
Couvillon Susan L
Bought by
Weed Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.81%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Warford Cleis
Bought by
Laborde Susan
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
Baricos William H -- None Available
Weed Jonathan T $485,000 --
Weed Thomas E $576,500 --
Laborde Susan $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weed Jonathan T $388,000
Previous Owner Weed Thomas E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold -- -- --
02/01/2021 02/01/21 For Sale $795,000 -- $237 / 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 $10,031 $76,000 $20,910 $55,090
2024 $10,183 $76,000 $20,910 $55,090
2023 $9,063 $71,910 $10,160 $61,750
2022 $9,063 $64,410 $10,160 $54,250
2021 $8,700 $67,260 $10,160 $57,100
2020 $5,846 $47,040 $10,160 $36,880
2019 $6,071 $47,040 $10,160 $36,880
2018 $6,190 $47,040 $10,160 $36,880
2017 $5,896 $47,040 $10,160 $36,880
2016 $6,640 $50,730 $7,170 $43,560
2015 $6,505 $50,730 $7,170 $43,560
2014 -- $50,730 $7,170 $43,560
2013 -- $50,730 $7,170 $43,560
Source: Public Records

Agents Affiliated with this Home

  • Jeff Melancon

    Seller's Agent in 2021

    Jeff Melancon

    RE/MAX

    (985) 307-1367

    1 in this area

    153 Total Sales

    Jeff Melancon
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 2284488

APN: 7-16-1-019-04

Louisiana Orleans Parish New Orleans 70118 Black Pearl

428 Lowerline St, New Orleans, LA

This home is located at 428 Lowerline St, New Orleans, LA 70118 since 01 February 2021 and is currently estimated at $816,147, approximately $243 per square foot. This property was built in 1920. 428 Lowerline St is a home located in Orleans Parish with nearby schools including Audubon Uptown Lower School, Kipp Believe College Prep (Phillips), and The Willow School New Orleans.

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