NOT LISTED FOR SALE

519 Socrates St New Orleans, LA 70114

McDonough Neighborhood

Estimated Value: $94,180 - $293,000

3 Beds
2 Baths
1,300 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 26, 2018

Current estimated payment $999/month

165 Days on Market

Highlights

  • Porch
  • Fenced
  • Property has 1 Level
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 4-minute walk to McDonough Playground

About This Home

As of June 2018

Motivated Seller. Income producing Property in Algiers ready to Rehab or just collect Rent. Wood floors underneath carpet. Lots of possibilities for the Investor. Sold "As IS"

Last Agent to Sell the Property

EILEEN FARLEY

Eileen Farley License #995691724 Listed on: 12/12/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $560

Lot Details

  • 3,297 Sq Ft Lot
  • Fenced
  • Irregular Lot
  • Property is in average condition

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heat Pump System

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 70114519SocratesST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$560

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0757
  • Lot Size: 3296 sq ft
  • Directions: Newton to Verret, Verret to Hermosa past Mothe's Funeral Home, immediate Rt on Socrates
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 87
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1300.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Inside
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70114519SocratesST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jun 26, 2018
Sold by
Connolly Roselyn Cherry
Bought by
Leon Maria Fernanda
Seller's Agent
EILEEN FARLEY
Eileen Farley
List Price
$120,000
Current Estimated Value
$174,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$63,750
Outstanding Balance
$55,708
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$126,337
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
Leon Maria Fernanda $75,000 Southern Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Maria Fernanda $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold -- -- --
05/27/2018 05/27/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $120,000 -- $92 / 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 $560 $11,090 $2,310 $8,780
2024 $567 $11,090 $2,310 $8,780
2023 $164 $8,310 $1,480 $6,830
2022 $164 $7,970 $1,480 $6,490
2021 $215 $8,310 $1,480 $6,830
2020 $216 $8,310 $1,480 $6,830
2019 $1,184 $7,820 $990 $6,830
2018 $1,207 $7,820 $990 $6,830
2017 $1,153 $7,820 $990 $6,830
2016 $1,046 $7,180 $990 $6,190
2015 $1,074 $7,180 $990 $6,190
2014 -- $7,180 $990 $6,190
2013 -- $7,000 $990 $6,010
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    EILEEN FARLEY

    Eileen Farley

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Map

Source: ROAM MLS

MLS Number: 2134960

APN: 5-13-3-063-03

Louisiana Orleans Parish New Orleans 70114 McDonough

519 Socrates St, New Orleans, LA

This home is located at 519 Socrates St, New Orleans, LA 70114 since 12 December 2017 and is currently estimated at $182,045, approximately $140 per square foot. 519 Socrates 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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