NOT LISTED FOR SALE

500 Lowerline St New Orleans, LA 70118

Black Pearl Neighborhood

Estimated Value: $913,000 - $1,181,000

12 Beds
4 Baths
4,284 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 10, 2021

Current estimated payment $6,765/month

55 Days on Market

Highlights

  • Corner Lot
  • 2-minute walk to St Charles And Lowerline
  • Fenced
  • Central Heating and Cooling System
  • Property is in very good condition
  • Historic Home

About This Home

As of June 2021

Fabulous opportunity to own a corner lot 4 plex with 12 bedrooms. Very close to universities and St. Charles Ave - Multiple car parking and carport. Each unit has washer/dryer and hallways so the bedrooms are independent! 4 water meters, 4 electric meters, 2 gas meters.

Last Agent to Sell the Property

Haj Langford

RE/MAX N.O. Properties License #000028636 Listed on: 03/16/2021

RE/MAX N.O. Properties

Last Buyer's Agent

Brett Rector

Witry Collective, L.L.C. License #995697878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,770

Lot Details

  • 4,678 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Historic Home
  • Property is in very good condition

Home Design

  • Quadruplex
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 4,284 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 70118500LowerlineST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,770

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1074
  • Lot Size: 40 x 114-120
  • Architectural Style: Other, Historic/Antique
  • Carport Y N: Yes
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 100
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Living Area: 4284.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Construction Type: Stucco
  • Exterior Features: Fence
  • Foundation Details: Raised
  • Property Condition: Very Good Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Carport, Three or more Spaces

Utilities

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

Lot Info

  • Parcel #: 70118500LowerlineST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 10, 2021
Sold by
Lill Llc
Bought by
Ramsay Trichia Carroll and Ramsay Richard Eugene
Seller's Agent
Haj Langford
RE/MAX N.O. Properties
Buyer's Agent
Brett Rector
Witry Collective, L.L.C.
List Price
$1,153,000
Current Estimated Value
$1,054,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$806,250
Outstanding Balance
$733,131
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$321,420
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
Ramsay Trichia Carroll $1,075,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsay Trichia Carroll $806,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold -- -- --
05/11/2021 05/11/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,153,000 -- $269 / 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 $12,770 $96,750 $16,380 $80,370
2024 $12,964 $96,750 $16,380 $80,370
2023 $12,736 $94,850 $7,960 $86,890
2022 $12,736 $90,510 $7,960 $82,550
2021 $4,982 $34,610 $7,960 $26,650
2020 $5,590 $38,450 $7,960 $30,490
2019 $5,809 $38,450 $7,960 $30,490
2018 $5,924 $38,450 $7,960 $30,490
2017 $5,657 $38,450 $7,960 $30,490
2016 $5,836 $38,450 $5,620 $32,830
2015 $5,716 $38,450 $5,620 $32,830
2014 -- $38,450 $5,620 $32,830
2013 -- $38,450 $5,620 $32,830
Source: Public Records

Agents Affiliated with this Home

  • Haj Langford

    Seller's Agent in 2021

    Haj Langford

    RE/MAX

    (504) 261-0282

    2 in this area

    108 Total Sales

    Haj Langford
    Section Image
  • Brett Rector

    Buyer's Agent in 2021

    Brett Rector

    Witry Collective, L.L.C.

    (504) 291-2022

    1 in this area

    78 Total Sales

    Brett Rector
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2291277

APN: 7-16-1-034-06

Louisiana Orleans Parish New Orleans 70118 Black Pearl

500 Lowerline St, New Orleans, LA

This home is located at 500 Lowerline St, New Orleans, LA 70118 since 16 March 2021 and is currently estimated at $1,054,551, approximately $246 per square foot. 500 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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