NOT LISTED FOR SALE

625 S Cortez St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $291,000 - $387,000

2 Beds
2 Baths
1,200 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 01, 2013

Current estimated payment $2,008/month

About This Home

As of April 2013

Excellent Investor Opportunity in convenient Mid-City area. Raised basement duplex which was formerly used as a 4 plex. Basement apartments have not been restored since Hurricane Katrina. Zoning Base Map B-13 is zoned C1. Seller requires proof of funds be submitted with offers. Sold in as-is condition. Seller will not entertain any offers during the first 5 listing days.

Last Agent to Sell the Property

David Reso

Audubon Realty, LLC License #000014419 Listed on: 02/27/2013

Last Buyer's Agent

Alex Ramirez

CSM Realty, LLC License #995693923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,270

Lot Details

  • Lot Dimensions are 32x127
  • Rectangular Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Raised Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 70119625SCORTEZST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,270

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 32X127
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 65
  • Property Sub Type Additional: Duplex
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Foundation Details: Raised
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70119625SCORTEZST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2015
Sold by
Grussing Colin Michael
Bought by
625 S Cortez Llc A Louisiana Limited Lia
Current Estimated Value
$344,269

Purchase Details

Closed on
Jul 2, 2012
Sold by
Gusman Sheriff Marlin N and Lawhorn Don
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 9, 2005
Sold by
Lawhorn Don
Bought by
Lawhorn Mateal C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
625 S Cortez Llc A Louisiana Limited Lia -- None Available
Citimortgage Inc $116,667 --
Lawhorn Mateal C $162,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lawhorn Mateal C $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2013 04/01/13 Sold -- -- --
03/02/2013 03/02/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $47,999 -- $40 / 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 $2,270 $15,720 $4,090 $11,630
2024 $2,106 $15,720 $4,090 $11,630
2023 $2,335 $15,820 $3,680 $12,140
2022 $2,335 $15,210 $3,680 $11,530
2021 $2,472 $15,820 $3,680 $12,140
2020 $2,495 $15,820 $3,680 $12,140
2019 $2,406 $14,600 $2,460 $12,140
2018 $2,470 $14,600 $2,460 $12,140
2017 $2,368 $14,600 $2,460 $12,140
2016 $2,416 $14,600 $2,460 $12,140
2015 $2,371 $14,600 $2,460 $12,140
2014 -- $14,600 $2,460 $12,140
2013 -- $16,220 $2,870 $13,350
Source: Public Records

Agents Affiliated with this Home

  • David Reso

    Seller's Agent in 2013

    David Reso

    Audubon Realty, LLC

    (228) 697-6544

    3 in this area

    266 Total Sales

    David Reso
    Section Image

  • A

    Buyer's Agent in 2013

    Alex Ramirez

    CSM Realty, LLC

    (504) 913-2988

    1 in this area

    5 Total Sales

    Alex Ramirez
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 942861

APN: 1-05-3-032-25

Louisiana Orleans Parish New Orleans 70119 Mid-City

625 S Cortez St, New Orleans, LA

This home is located at 625 S Cortez St, New Orleans, LA 70119 since 27 February 2013 and is currently estimated at $344,269, approximately $286 per square foot. 625 S Cortez St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Esperanza Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes