NOT LISTED FOR SALE

4418 16 Demontluzin St New Orleans, LA 70122

Gentilly Terrace Neighborhood

Estimated Value: $214,000 - $324,000

5 Beds
3 Baths
2,396 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 08, 2024

Current estimated payment $1,867/month

78 Days on Market

Highlights

  • Traditional Architecture
  • Accessibility Features
  • Central Heating and Cooling System
  • Laundry Room
  • Closed Circuit Camera
  • Property is in very good condition

About This Home

As of April 2024

DIAMOND ON DEMONTLUZIN! With $5000 In SELLER CONCESSIONS! Come one Come All and check out this Lucrative income producing property located in the highly desired Gentilly Terraces! This home offers a 3bed/2bath on one side & 2 bed 1 bath on the other! Renewed and Revamped in 2022 , This duplex has multiple things you would appreciate about it , like New Flooring , New paint & Fixtures and a Lovely Newly Constructed Gazebo in the backyard! Between the area and the income potential, This is a property you don't wanna pass up on!

Last Agent to Sell the Property

ERICA WILLIAMS

ERA PowerMark Properties License #995702523 Listed on: 01/20/2024

Last Buyer's Agent

PATTI GARDES

Compass Uptown (LATT07) License #995687167

Compass Uptown (LATT07)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1963

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Permeable Paving
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,396 Sq Ft Home
  • Property has 1 Level
  • Closed Circuit Camera
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Covered Parking
  • Driveway

Additional Features

  • Accessibility Features
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Home warranty included in the sale of the property
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 38W401118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,920

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1435
  • Lot Size: 50X125
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Resale,Age Unknown
  • Year Built: 1963
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Owner Pays: Electricity, Gas, Water
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2396.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: Yes
  • Construction Type: Brick
  • Exterior Features: Permeable Paving
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Covered, Three or more Spaces, Driveway

Utilities

  • Laundry Features: Laundry Room
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 38W401118
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Apr 5, 2024
Sold by
Vaughn Eric J and Gatlin Kira T
Bought by
Mcateer Michelle Nicole and Boseman Randall N
Seller's Agent
ERICA WILLIAMS
ERA PowerMark Properties
Buyer's Agent
PATTI GARDES
Compass Uptown (LATT07)
List Price
$389,900
Views
20
Current Estimated Value
$293,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.81%
Original Mortgage
$249,500
Outstanding Balance
$234,660
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$58,894

Purchase Details

Closed on
Feb 16, 2022
Sold by
Unicorn 4 L L C
Bought by
Vaughn Eric J and Gatlin Kira T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,153
Interest Rate
3.55%
Mortgage Type
New Conventional
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
Mcateer Michelle Nicole -- None Listed On Document
Vaughn Eric J -- Bayou Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcateer Michelle Nicole $249,500
Previous Owner Vaughn Eric J $314,153
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold -- -- --
02/12/2024 02/12/24 Price Changed $354,000 -2.7% $148 / Sq Ft
02/05/2024 02/05/24 Price Changed $364,000 -2.7% $152 / Sq Ft
01/29/2024 01/29/24 Price Changed $374,000 -4.1% $156 / Sq Ft
01/20/2024 01/20/24 For Sale $389,900 -- $163 / 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 $3,920 $29,700 $6,250 $23,450
2024 $3,980 $29,700 $6,250 $23,450
2023 $2,719 $20,170 $3,130 $17,040
2022 $2,719 $19,320 $3,130 $16,190
2021 $2,903 $20,170 $3,130 $17,040
2020 $2,932 $20,170 $3,130 $17,040
2019 $2,512 $16,630 $2,810 $13,820
2018 $2,562 $16,630 $2,810 $13,820
2017 $2,447 $16,630 $2,810 $13,820
2016 $2,524 $16,630 $2,810 $13,820
2015 $2,472 $16,630 $2,810 $13,820
2014 -- $16,630 $2,810 $13,820
2013 -- $16,630 $2,810 $13,820
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    ERICA WILLIAMS

    ERA PowerMark Properties

    (504) 305-4930

    3 in this area

    31 Total Sales

    ERICA WILLIAMS
    Section Image

  • P

    Buyer's Agent in 2024

    PATTI GARDES

    Compass Uptown (LATT07)

    (504) 232-6252

    2 in this area

    9 Total Sales

    PATTI GARDES
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2430467

APN: 3-8W-4-011-18

Louisiana Orleans Parish New Orleans 70122 Gentilly Terrace

4418 16 Demontluzin St, New Orleans, LA

This home is located at 4418 16 Demontluzin St, New Orleans, LA 70122 since 20 January 2024 and is currently estimated at $293,554, approximately $122 per square foot. This property was built in 1963. 4418 16 Demontluzin St is a home located in Orleans Parish with nearby schools including Audubon Gentilly, Mary Bethune Elementary School, and Hynes Parkview.

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