NOT LISTED FOR SALE

500 Ptolemy St New Orleans, LA 70114

McDonough Neighborhood

Estimated Value: $173,000 - $281,000

3 Beds
2 Baths
1,284 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 24, 2023

Current estimated payment $1,331/month

78 Days on Market

Highlights

  • Accessibility Features
  • Property has 1 Level
  • 2-minute walk to McDonough Playground
  • Central Heating and Cooling System

About This Home

As of April 2023

Beautiful property with amazing potential for AirBnB or long term tenants ! Make this one yours, just in time for the parade season and festival season 2023 ! Enjoy an effortless commute to GNO/Downtown NOLA !

Last Agent to Sell the Property

SEECHARRAN SANTOKE

1 Percent Lists Legacy License #995695368 Listed on: 12/19/2022

Last Buyer's Agent

KATHLEEN EDMUNDSON

Freret Realty License #995708927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Lot Details

  • 3,202 Sq Ft Lot
  • Lot Dimensions are 34 x 100
  • Property is in average condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 70114500-02PTOLEMYST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Lot Size: 34 x 100
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 66
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1284.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Foundation Details: Raised
  • Property Condition: Average Condition, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Lot Info

  • Parcel #: 70114500-02PTOLEMYST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 1, 2021
Sold by
Boudreaux Chris J and Boudreaux Melissa Florez
Bought by
K E Investments Llc
Seller's Agent
Gary Lee
Gulf South Real Estate Solutions, LLC
Buyer's Agent
SEECHARRAN SANTOKE
1 Percent Lists Legacy
List Price
$109,000
Current Estimated Value
$208,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%
Original Mortgage
$500,000
Outstanding Balance
$454,963
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$246,886
Source: Public Records

Range of Values:

Collateral Analytics

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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
K E Investments Llc $110,000 Century Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Kelli $105,000
Open K E Investments Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold -- -- --
03/08/2023 03/08/23 Pending -- -- --
01/30/2023 01/30/23 Price Changed $219,000 -4.8% $171 / Sq Ft
12/19/2022 12/19/22 For Sale $230,000 +111.0% $179 / Sq Ft
04/01/2021 04/01/21 Sold -- -- --
03/02/2021 03/02/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $109,000 -- $91 / 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 $2,368 $17,940 $2,240 $15,700
2024 $2,404 $17,940 $2,240 $15,700
2023 $1,432 $10,560 $1,440 $9,120
2022 $1,432 $10,100 $1,440 $8,660
2021 $1,166 $8,040 $1,440 $6,600
2020 $1,178 $8,040 $1,440 $6,600
2019 $1,144 $7,560 $960 $6,600
2018 $1,167 $7,560 $960 $6,600
2017 $1,114 $7,560 $960 $6,600
2016 $1,014 $6,960 $960 $6,000
2015 $1,041 $6,960 $960 $6,000
2014 -- $6,960 $960 $6,000
2013 -- $7,000 $960 $6,040
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SEECHARRAN SANTOKE

    1 Percent Lists Legacy

    (504) 623-5831

    2 in this area

    115 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    KATHLEEN EDMUNDSON

    Freret Realty

    (504) 905-6300

    1 in this area

    23 Total Sales

    Section Image

  • G

    Seller's Agent in 2021

    Gary Lee

    Gulf South Real Estate Solutions, LLC

    (504) 931-9187

    1 in this area

    28 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2374804

APN: 5-13-3-063-13

Louisiana Orleans Parish New Orleans 70114 McDonough

500 Ptolemy St, New Orleans, LA

This home is located at 500 Ptolemy St, New Orleans, LA 70114 since 19 December 2022 and is currently estimated at $208,077, approximately $162 per square foot. 500 Ptolemy St is a home located in Orleans Parish with nearby schools including McDonogh #32 Literacy Charter School, Martin Behrman Charter School Academy of Creative Arts and Sciences, and Élan Academy Charter School.

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