$243,000 - $305,000
RENTED JUN 1, 2025

625 Terrace St Unit A New Orleans, LA 70121

-- Bed
1 Bath
450 Sq Ft
$631 Price per Sq Ft

Highlights

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

About This Home

As of June 2025

Everything is brand new in this completely renovated studio apartment with kitchen and bath. Owner will have new stove and new refrigerator installed prior to move-in. Rent includes both water and electric. Tenant is responsible for cable. Convenient location in Jefferson close to hospital, schools and shopping.

Last Agent to Rent the Property

Lara Schultz

REVE, REALTORS License #000075293 Listed on: 10/16/2024

REVE, REALTORS

Last Renter's Agent

Lara Schultz

REVE, REALTORS License #000075293 Listed on: 10/16/2024

REVE, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 125 x 120
  • Rectangular Lot
  • Property is in excellent condition

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Raised Foundation
  • Hardboard

Interior Spaces

  • 1 Full Bathroom
  • 450 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,250
  • The owner pays for electricity, gas, water
  • Tax Lot 72A
  • Assessor Parcel Number 0700001982

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,059

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Security Deposit: 1250.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size: 125 x 120
  • Directions: West on Jefferson Hwy, Right on Terrace St., property is on the right-hand side
  • Architectural Style: Cottage
  • Year Built Details: Unit has been completely renovated
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Furnished: Unfurnished
  • Appliances: Oven, Range, Refrigerator
  • Owner Pays: Electricity, Gas, Water
  • Full Bathrooms: 1
  • Living Area: 450.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Construction Type: Hardboard
  • Foundation Details: Raised
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No, Pet Restrictions

Lot Info

  • Parcel #: 0700001982
  • Zoning Description: R
  • Zoning: R

Tax Info

  • Tax Lot: 72A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Succession Of Joseph Clifford Hebert
Bought by
Keegan Leo John
Current Estimated Value
$271,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$246,462
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$37,702
Source: Public Records

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 Buyer Sale Price Title Company
Keegan Leo John $290,000 Title Solution Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keegan Leo John $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 Rented $1,250 0.0% --
05/26/2025 05/26/25 Under Contract -- -- --
10/16/2024 10/16/24 For Rent $1,250 -- --
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 $1,059 $27,550 $8,040 $19,510
2023 $3,624 $27,550 $7,110 $20,440
2022 $3,529 $27,550 $7,110 $20,440
2021 $3,278 $27,550 $7,110 $20,440
2020 $1,842 $15,590 $7,110 $8,480
2019 $1,893 $15,590 $7,110 $8,480
2018 $917 $15,590 $7,110 $8,480
2017 $1,768 $15,590 $7,110 $8,480
2016 $1,734 $15,590 $7,110 $8,480
2015 $910 $15,590 $7,110 $8,480
2014 $910 $15,590 $7,110 $8,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2472152

APN: 0700001982