NOT LISTED FOR SALE

Estimated Value: $102,000 - $105,000

6 Beds
4 Baths
2,508 Sq Ft
$41/Sq Ft Est. Value

Last Sold February 04, 2025

Current estimated payment $627/month

176 Days on Market

About This Home

As of February 2025

Welcome to a promising investment opportunity in Pine Village, New Orleans East. This double features two spacious residences, each boasting three bedrooms and two bathrooms, great for homeowners or investors seeking to capitalize on the vibrant local market.
Awaiting a comprehensive renovation, this property offers a prime canvas for transformation and enhancement. The seller's inclusion of most renovation materials with the sale provides a substantial advantage, ensuring a cost-effective and efficient renovation process.
Located in the peaceful Pine Village neighborhood, renowned for its community atmosphere and convenient access to local amenities, this property is perfectly positioned for future residents or tenants seeking a blend of suburban tranquility and urban convenience.
Whether you envision crafting your dream home or maximizing rental potential in a burgeoning rental market, this double unit in Pine Village presents a rare opportunity to invest in a sought-after area of East New Orleans. Embrace the potential and reimagine this property into a lucrative asset tailored to your vision and goals.

Last Agent to Sell the Property

Frank Williams

eXp Realty, LLC License #NOM:000001700 Listed on: 06/19/2024

eXp Realty, LLC

Last Buyer's Agent

Christopher Alexander

Paralex Group LLC License #NOM:995710441

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Lot Details

  • Lot Dimensions are 63 x 85
  • Property is in below average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,508 Sq Ft Home
  • Property has 2 Levels

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4603FRANCISDR

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Poor
  • ADA Features: No
  • Legal Description: FRANCIS SUB DIV SQ 15 LOT 9 2. FRANCIS DR 63 X 85 3. DBLE/BR 2/STORY 16/RM A/R
  • Lp Amt Sq Ft: 41.87
  • Building Stories: 2.00000
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 2508
  • Total Sq Ft: 2508

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 63 X 85
  • Parcel #: 4603FRANCISDR

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 4
  • Total Units: 2
  • Unit Count: 2

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Kpg Rentals & Properties L L C $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold -- -- --
12/13/2024 12/13/24 Price Changed $105,000 +5.0% $42 / Sq Ft
11/04/2024 11/04/24 Price Changed $100,000 -23.1% $40 / Sq Ft
08/09/2024 08/09/24 Price Changed $130,000 -13.3% $52 / Sq Ft
06/19/2024 06/19/24 For Sale $150,000 -- $60 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $768 $5,820 $800 $5,020
2024 $780 $5,820 $800 $5,020
2023 $250 $1,830 $800 $1,030
2022 $250 $1,780 $800 $980
2021 $266 $1,830 $800 $1,030
2020 $266 $1,830 $800 $1,030
2019 $317 $2,100 $1,070 $1,030
2018 $324 $2,100 $1,070 $1,030
2017 $309 $2,100 $1,070 $1,030
2016 $319 $2,100 $1,070 $1,030
2015 $312 $2,100 $1,070 $1,030
2014 -- $2,100 $1,070 $1,030
2013 -- $2,100 $1,070 $1,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2454575

Gulf South Real Estate Information Network

APN: 3-9W-9-530-08