NOT LISTED FOR SALE

618 Terrace St New Orleans, LA 70121

Estimated Value: $305,000 - $415,000

5 Beds
2.5 Baths
2,112 Sq Ft
$163/Sq Ft Est. Value

Last Sold November 18, 2022

Current estimated payment $1,982/month

127 Days on Market

Highlights

  • Cottage
  • Central Heating and Cooling System
  • Rectangular Lot
  • Metairie Academy For Advanced Studies Rated A-
  • Property is in very good condition

About This Home

As of November 2022

Welcome to this charming family home with a bonus rear apartment on the same property in Historic Old Jefferson! You can reside and have an investment property with a steady stream of income. Beautiful walls & arches, built-in bookshelf, hardwood floors and separate private driveways. Both homes have had some updates to the kitchens and common living areas. This property has a total of 5 bedrooms and 2.5 bathrooms and won’t be on the market long. Come see, make an offer, the sellers are ready to make a deal

Last Agent to Sell the Property

Cody Crockem

Mirambell Realty License #099564340 Listed on: 06/14/2022

Mirambell Realty

Last Buyer's Agent

Michele Branigan

Crane Realtors License #000077851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,308

Lot Details

  • 5,049 Sq Ft Lot
  • Lot Dimensions are 50 x 102
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Cottage
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 70121618TerraceST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,308

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1159
  • Lot Size: 50 x 102
  • Architectural Style: Cottage
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 73
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2112.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Block
  • Foundation Details: Raised, Slab
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Two Spaces

Utilities

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

Lot Info

  • Parcel #: 70121618TerraceST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Patel Nissan
Bought by
Navp Holdings Llc
Total Days on Market
127
Current Estimated Value
$343,852

Purchase Details

Listed on
Jun 14, 2022
Closed on
Nov 16, 2022
Sold by
Grant Lechelle Monika
Bought by
Patel Nissan
Seller's Agent
Cody Crockem
Mirambell Realty
Buyer's Agent
Michele Branigan
Crane Realtors
List Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$243,750
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Navp Holdings Llc -- None Listed On Document
Patel Nissan $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Nissan $243,750
Previous Owner Crockem Cody Artrell $114,821
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold -- -- --
10/20/2022 10/20/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $400,000 -- $189 / 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
2024 $1,308 $30,050 $5,050 $25,000
2023 $3,953 $30,050 $5,050 $25,000
2022 $2,110 $16,470 $5,050 $11,420
2021 $1,960 $16,470 $5,050 $11,420
2020 $1,946 $16,470 $5,050 $11,420
2019 $2,000 $16,470 $5,050 $11,420
2018 $1,017 $16,470 $5,050 $11,420
2017 $1,868 $16,470 $5,050 $11,420
2016 $1,832 $16,470 $5,050 $11,420
2015 $955 $15,990 $4,210 $11,780
2014 $955 $15,990 $4,210 $11,780
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cody Crockem

    Mirambell Realty

    1 in this area

    2 Total Sales

    Section Image
  • Michele Branigan

    Buyer's Agent in 2022

    Michele Branigan

    Crane Realtors

    (504) 273-3936

    6 in this area

    120 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2348328

APN: 0700000702

Louisiana Jefferson Parish New Orleans 70121

618 Terrace St, New Orleans, LA

This home is located at 618 Terrace St, New Orleans, LA 70121 since 14 June 2022 and is currently estimated at $343,852, approximately $162 per square foot. 618 Terrace St is a home located in Jefferson Parish with nearby schools including Jefferson Elementary School, Metairie Academy For Advanced Studies, and Riverdale High School.

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