$240,000
SOLD SEP 21, 2018
Last list price

622 S Solomon St New Orleans, LA 70119

Mid-City Neighborhood
11 Beds
4 Baths
5,000 Sq Ft
5,706 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

57 Days on Market

Highlights

  • Balcony
  • Rectangular Lot
  • Wall Furnace
  • Ductless Heating Or Cooling System

About This Home

As of February 2021

Calling all investors! Great investment opportunity 4Plex in popular Mid-City neighborhood in NOLA!
Lower 2 units Recently completely renovated.
Sold As-Is W/WOR. Seller will make no repairs.
Please do not disturb tenants.

Last Agent to Sell the Property

LEIGH HALLAS

Samantha Bush Real Estate Services LLC License #995692293 Listed on: 06/25/2018

Last Buyer's Agent

PATRICIA PEYTON

Realty One Group Immobilia License #000017168

Realty One Group Immobilia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,541

Lot Details

  • Lot Dimensions are 38x175
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Wall Furnace
  • Window Unit Heating System

Additional Features

  • Balcony
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 70119622-24SSolomonST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,541

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 38x175
  • Directions: Carrollton to Ulloa to S. Solomon
  • Architectural Style: Other
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 50
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Living Area: 5000.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Ductless, Window Unit, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 70119622-24SSolomonST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Feb 12, 2021
Sold by
Yaoling Llc
Bought by
Shrestha Unique
Seller's Agent
PATRICIA PEYTON
Realty One Group Immobilia
Buyer's Agent
Marissa Brown
Snap Realty
List Price
$450,000
Current Estimated Value
$421,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$441,671
Outstanding Balance
$396,494
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$42,573

Purchase Details

Listed on
Jun 25, 2018
Closed on
Sep 21, 2018
Sold by
Hallas Robert Ross
Bought by
Yaoling Llc
Seller's Agent
LEIGH HALLAS
Samantha Bush Real Estate Services LLC
Buyer's Agent
PATRICIA PEYTON
Realty One Group Immobilia
List Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.05%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Melancon Kevin V
Bought by
Hallas Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
18%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $450,000 Crescent Title Llc
Cash Sale Deed $204,000 Title Stream Llc
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $31,518 New Conventional
Open $441,671 FHA
Previous Owner $240,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold -- -- --
01/13/2021 01/13/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $450,000 +87.5% $90 / Sq Ft
09/21/2018 09/21/18 Sold -- -- --
08/22/2018 08/22/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $240,000 -- $48 / 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 $5,541 $40,500 $10,250 $30,250
2024 $5,622 $40,500 $10,250 $30,250
2023 $6,271 $43,180 $8,540 $34,640
2022 $6,271 $43,180 $8,540 $34,640
2021 $4,303 $28,540 $8,540 $20,000
2020 $4,344 $28,540 $8,540 $20,000
2019 $6,066 $38,830 $5,120 $33,710
2018 $6,203 $38,830 $5,120 $33,710
2017 $3,986 $25,600 $2,850 $22,750
2016 $4,086 $25,600 $2,850 $22,750
2015 $4,006 $25,600 $2,850 $22,750
2014 -- $25,600 $2,850 $22,750
2013 -- $19,200 $3,990 $15,210
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PATRICIA PEYTON

    Realty One Group Immobilia

    Section Image

  • M

    Buyer's Agent in 2021

    Marissa Brown

    Snap Realty

    1 in this area

    11 Total Sales

    Marissa Brown
    Section Image

  • L

    Seller's Agent in 2018

    LEIGH HALLAS

    Samantha Bush Real Estate Services LLC

See All Agents

Map

Source: ROAM MLS

MLS Number: 2161774

APN: 1-05-3-053-27

Louisiana Orleans Parish New Orleans 70119 Mid-City

622 S Solomon St, New Orleans, LA

This home is located at 622 S Solomon St, New Orleans, LA 70119 and is currently estimated at $240,000, approximately $48 per square foot. 622 S Solomon St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Esperanza Charter School.

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