NOT LISTED FOR SALE

523 Valence St New Orleans, LA 70115

West Riverside Neighborhood

Estimated Value: $571,000 - $668,000

4 Beds
2 Baths
1,790 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 21, 2022

Current estimated payment $3,676/month

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • Rectangular Lot
  • 5-minute walk to Wisner Playground and Dog Run
  • Property is in excellent condition
  • Property has 1 Level

About This Home

As of June 2022

Beautifully restored Uptown Shotgun Double - original hardwood floors, 12' ceilings, clawfoot tubs and a gorgeous front porch. Both units have identical floor plans and come with updated kitchens, in-unit washer-dryers and large private backyards. Flood zone X (premiums are $787 per year). Large lot - 3720 total ft. Keep rental income or turn into the single family home of your dreams!
3 blocks from Napoleon, 3 blocks from Magazine St - perfect Mardi Gras location. All appliances can remain with the house.

Last Agent to Sell the Property

Sam Sporer

CBTEC MAGAZINE License #995686363 Listed on: 05/18/2022

CBTEC MAGAZINE

Last Buyer's Agent

Luke Garris

ERA PowerMark Properties License #995695427

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,274

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 31 x 120
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 70115523ValenceST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,274

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 31 x 120
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 105
  • Year Built: 2012
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 2012

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1790.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Foundation Details: Raised
  • Property Condition: Excellent, Repairs Cosmetic, Fixer
  • 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 #: 70115523ValenceST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 21, 2022
Sold by
Struck Alberto E
Bought by
Frankel Jessica Rachel
Seller's Agent
Sam Sporer
CBTEC MAGAZINE
Buyer's Agent
Luke Garris
ERA PowerMark Properties
List Price
$530,000
Current Estimated Value
$607,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Dec 29, 2006
Sold by
Brown Marceline R
Bought by
Struck Alberto E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.2%
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
Frankel Jessica Rachel $520,000 Title Management Group
Struck Alberto E $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Struck Albelrto E $325,500
Previous Owner Struck Alberto E $325,500
Previous Owner Struck Alberto E $205,378
Previous Owner Struck Alberto E $221,996
Previous Owner Struck Alberto E $189,000
Closed Frankel Jessica Rachel $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold -- -- --
05/22/2022 05/22/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $530,000 0.0% $296 / Sq Ft
09/18/2020 09/18/20 For Rent $1,400 0.0% --
09/18/2020 09/18/20 Rented $1,400 -3.4% --
10/08/2019 10/08/19 For Rent $1,450 0.0% --
10/08/2019 10/08/19 Rented $1,450 +7.4% --
06/06/2016 06/06/16 Rented $1,350 -3.6% --
05/07/2016 05/07/16 Under Contract -- -- --
04/02/2016 04/02/16 For Rent $1,400 -- --
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 $5,274 $46,800 $16,740 $30,060
2024 $6,377 $46,800 $16,740 $30,060
2023 $4,493 $45,760 $9,300 $36,460
2022 $4,493 $31,930 $9,300 $22,630
2021 $4,768 $33,120 $9,300 $23,820
2020 $3,915 $26,930 $9,300 $17,630
2019 $4,069 $26,930 $9,300 $17,630
2018 $4,149 $26,930 $9,300 $17,630
2017 $3,962 $26,930 $9,300 $17,630
2016 $3,623 $23,870 $7,440 $16,430
2015 $3,549 $23,870 $7,440 $16,430
2014 -- $23,870 $7,440 $16,430
2013 -- $23,870 $7,440 $16,430
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sam Sporer

    CBTEC MAGAZINE

    (415) 812-9911

    3 in this area

    28 Total Sales

    Sam Sporer
    Section Image
  • Luke Garris

    Buyer's Agent in 2022

    Luke Garris

    ERA PowerMark Properties

    (504) 455-0100

    2 in this area

    28 Total Sales

    Luke Garris
    Section Image

  • K

    Buyer's Agent in 2019

    KYLE NUGENT

    LATTER & BLUM (LATT21)

  • G

    Seller's Agent in 2016

    GRETCHEN KEMP

    Keller Williams Realty New Orleans

See All Agents

Map

Source: ROAM MLS

MLS Number: 2345739

APN: 6-14-1-039-12

Louisiana Orleans Parish New Orleans 70115 West Riverside

523 Valence St, New Orleans, LA

This home is located at 523 Valence St, New Orleans, LA 70115 since 18 May 2022 and is currently estimated at $607,349, approximately $339 per square foot. This property was built in 2012. 523 Valence St is a home located in Orleans Parish with nearby schools including Warren Easton Senior High School, Ecole Bilingue de la Nouvelle-Orléans, and St. George's Episcopal School.

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