NOT LISTED FOR SALE

4525 Shalimar Dr New Orleans, LA 70126

Pines Village Neighborhood

Estimated Value: $157,000 - $203,000

12 Beds
8 Baths
4,696 Sq Ft
$39/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2025

Current estimated payment $1,124 / mo

11 Days on Market

Highlights

  • 0.13 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2025

This all-brick duplex offers great potential for both investors and owner-occupants alike. With 3 bedrooms and 1.5 bathrooms on each side, this property features living areas, a functional layout, and the added benefit of a tenant-occupied unit generating $1260/month in rental income. This duplex is in average condition, with some updates over time but still offering plenty of potential for customization. It's move-in ready for tenants or the owner-occupant. Whether you're looking to live in one side and rent out the other, or invest in a property with existing rental income, this duplex offers flexible options. This property is a fantastic opportunity to own a solid, income-producing property. Property being sold As Is.

Last Agent to Sell the Property

Liz Ashe

Demand Realty License #000058172 Listed on: 01/03/2025

Co-Listed By

Aimee Ashe

Demand Realty License #995705647

Last Buyer's Agent

LaTanya LaBranch

WEICHERT, REALTORS - LaBranch & Associates License #995682846

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 53 x 115

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,696 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Total Actual Rent $2,520
  • Tenant pays for electricity, gas, water
  • Tax Lot 4

Property Details

Home Type

Multi-Family

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 53 x 115
  • Directions: Take I 610 East toward Slidell, Exit Downman Rd 240A, Continue on Downman Rd and turn right on Dreux Ave, and right on Shalimar Dr. Bounding Streets: Downman Rd, Dreux Ave
  • Building Stories: 1
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • List_136: 90.017256
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Living Area: 4696

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2520

Tax Info

  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Harris Byron
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust
Current Estimated Value
$180,900
Source: Public Records
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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
Us Bank Trust Na $100,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold -- -- --
01/14/2025 01/14/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $169,900 -- $36 / Sq Ft
Source: New Orleans Metropolitan Association of REALTORS®

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 $1,980 $15,000 $860 $14,140
2024 $2,010 $15,000 $860 $14,140
2023 $1,610 $12,000 $860 $11,140
2022 $1,610 $11,440 $860 $10,580
2021 $1,727 $12,000 $860 $11,140
2020 $1,745 $12,000 $860 $11,140
2019 $777 $12,000 $1,140 $10,860
2018 $791 $12,000 $1,140 $10,860
2017 $741 $12,000 $1,140 $10,860
2016 $762 $12,000 $1,140 $10,860
2015 $718 $11,800 $1,140 $10,660
2014 -- $11,800 $1,140 $10,660
2013 -- $11,800 $1,140 $10,660
Source: Public Records

Agents Affiliated with this Home

  • Liz Ashe

    Seller's Agent in 2025

    Liz Ashe

    Demand Realty

    (504) 401-4285

    5 in this area

    186 Total Sales

    Liz Ashe
    Section Image
  • Aimee Ashe

    Seller Co-Listing Agent in 2025

    Aimee Ashe

    Demand Realty

    (504) 319-0443

    5 in this area

    158 Total Sales

    Aimee Ashe
    Section Image
  • LaTanya LaBranch

    Buyer's Agent in 2025

    LaTanya LaBranch

    WEICHERT, REALTORS - LaBranch & Associates

    (504) 300-0819

    4 in this area

    61 Total Sales

    LaTanya LaBranch
    Section Image
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Map

Source: New Orleans Metropolitan Association of REALTORS®

MLS Number: NO2481177

APN: 3-9W-9-473-04

Louisiana Orleans Parish New Orleans 70126 Pines Village

4525 Shalimar Dr, New Orleans, LA

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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