$575,000
SOLD OCT 25, 2016
Last list price
4 Beds
7 Baths
2,879 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$200 Per Sq Ft

20 Days on Market

Highlights

  • Contemporary Architecture
  • Porch
  • Central Heating and Cooling System
  • Corner Lot
  • Accessibility Features
  • Property is in excellent condition

About This Home

As of March 2021

Outstanding Uptown tri-plex with exceptional floor plans and income production. Two blocks from Freret St. and one block from Ochsner Baptist Hospital, this is the income property you have been looking for. House sits on a corner lot and w/ beautiful palm trees surrounding 2,879sqft of comfortable living space. Renovated in 2014 - updated kitchens and baths with wooden cabinetry, bright neutral wall colors, wood floors, and a big front porch boast modern New Orleans living

Last Agent to Sell the Property

Bennett Pourciau

Keller Williams Realty New Orleans License #995684716 Listed on: 10/04/2016

Keller Williams Realty New Orleans

Last Buyer's Agent

Edward Fakier

RE/MAX Generations License #0995692397

RE/MAX Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 27x65
  • Corner Lot
  • Property is in excellent condition

Home Design

  • Triplex
  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,879 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

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

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 701154638MAGNOLIAST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,424

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 27X65
  • Architectural Style: Contemporary
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 3
  • Year Built: 2014
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2879.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701154638MAGNOLIAST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 26, 2021
Sold by
Baudoin Marguerite Sons and Baudoin Zachary Stephen
Bought by
4638 Magnolia Llc
Seller's Agent
Edward Fakier
RE/MAX Generations
Buyer's Agent
Britt Galloway
LATTER & BLUM (LATT07)
List Price
$680,000
Current Estimated Value
$654,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.07%
Original Mortgage
$468,750
Outstanding Balance
$424,202
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$202,798

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 26, 2021
Sold by
Dnl Holdings Llc
Bought by
Baudoin Marguerite Sons and Baudoin Zachary Stephen
Seller's Agent
Edward Fakier
RE/MAX Generations
Buyer's Agent
Britt Galloway
LATTER & BLUM (LATT07)
List Price
$680,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$424,202
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$202,798

Purchase Details

Listed on
Oct 4, 2016
Closed on
Oct 25, 2016
Sold by
Magnolia Holdings # 1 Llc
Bought by
Dnl Holdings Llc A Louisiana Limited Lia
Seller's Agent
Bennett Pourciau
Keller Williams Realty New Orleans
Buyer's Agent
Edward Fakier
RE/MAX Generations
List Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Oct 23, 2013
Sold by
K J Diversified Inv Llc
Bought by
4638 Magnolia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.62%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Cash Sale Deed $625,000 Crescent Title Llc
Warranty Deed $575,000 Homestead Title Company Llc
Warranty Deed $169,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,750 New Conventional
Previous Owner $170,000 Commercial
Previous Owner $148,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold -- -- --
02/24/2021 02/24/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $680,000 0.0% $235 / Sq Ft
04/01/2019 04/01/19 Rented $2,100 -4.5% --
03/02/2019 03/02/19 Under Contract -- -- --
12/03/2018 12/03/18 For Rent $2,200 0.0% --
10/25/2016 10/25/16 Sold -- -- --
10/04/2016 10/04/16 For Sale $575,000 0.0% $200 / Sq Ft
11/19/2015 11/19/15 Rented $2,050 -14.6% --
10/20/2015 10/20/15 Under Contract -- -- --
08/31/2015 08/31/15 For Rent $2,400 -- --
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 $7,424 $56,250 $5,270 $50,980
2024 $7,537 $56,250 $5,270 $50,980
2023 $7,130 $55,630 $3,510 $52,120
2022 $7,130 $50,670 $3,510 $47,160
2021 $7,651 $53,150 $3,510 $49,640
2020 $7,727 $53,150 $3,510 $49,640
2019 $9,506 $62,920 $2,110 $60,810
2018 $9,695 $62,920 $2,110 $60,810
2017 $4,241 $28,830 $2,110 $26,720
2016 $4,388 $28,910 $1,760 $27,150
2015 $4,298 $28,910 $1,760 $27,150
2014 -- $1,760 $1,760 $0
2013 -- $1,760 $1,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2077410

APN: 6-14-3-326-07