NOT LISTED FOR SALE

700 Napoleon Ave New Orleans, LA 70115

West Riverside Neighborhood

Estimated Value: $687,000 - $785,000

7 Beds
7 Baths
3,000 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 17, 2012

Current estimated payment $4,682/month

253 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Garage
  • 4-minute walk to Laurence Square Park
  • Window Unit Cooling System
  • Rectangular Lot

About This Home

As of August 2012

Rare investment opportunity where numbers really work! Excellent location. Total monthly revenue $4,810/month. Gross rent multiplier below 70 at asking price. Unit 1=700 Napoleon @$850, Units 2-8 all have 4411 Laurel addresses. Unit 2=4411A @$550, Unit 3=4411R @$800, Unit 4=4411D @$550, Unit 5=4411S @$750, Unit 6=4411C @575, Unit 7=4411B @$585, Unit 8=5 Garages @$150 total. Property does need some work & has amazing potential for the right buyer.

Last Buyer's Agent

Rick Hartenstein

LA Realty Group LLC License #995694869

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,413

Lot Details

  • Lot Dimensions are 36 x 120
  • Rectangular Lot
  • Property is in average condition

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Additional Features

  • City Lot
  • Window Unit Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 70115700NAPOLEONAV

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,413

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 36 x 120
  • Directions: From the river on Napoleon Ave, property is on your left. Corner of Laurel St.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 70
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Living Area: 3000.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Other
  • Property Condition: Average Condition
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Garage, Three or more Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70115700NAPOLEONAV
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Brm Properties L L C
Bought by
700 Napoleon Llc
Current Estimated Value
$732,113

Purchase Details

Closed on
Mar 31, 2020
Sold by
Mahon Brian and Mahon Tammy Atkinson
Bought by
Brm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 7, 2011
Closed on
Aug 17, 2012
Sold by
Tritt Abener L
Bought by
Atkinson Tammy
Buyer's Agent
Rick Hartenstein
LA Realty Group LLC
List Price
$334,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$256,000
Interest Rate
3.63%
Mortgage Type
Commercial
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
700 Napoleon Llc -- Title Management Group
Brm Properties Llc -- None Available
Atkinson Tammy $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brm Properties Llc $868,000
Previous Owner Atkinson Tammy $500,000
Previous Owner Atkinson Tammy $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2012 08/17/12 Sold -- -- --
07/18/2012 07/18/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $334,500 -- $112 / 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 $8,413 $63,740 $19,440 $44,300
2024 $8,541 $63,740 $19,440 $44,300
2023 $6,661 $62,180 $10,800 $51,380
2022 $6,661 $47,340 $10,800 $36,540
2021 $7,198 $50,000 $10,800 $39,200
2020 $5,181 $35,640 $10,800 $24,840
2019 $5,384 $35,640 $10,800 $24,840
2018 $5,491 $35,640 $10,800 $24,840
2017 $5,243 $35,640 $10,800 $24,840
2016 $5,464 $36,000 $8,640 $27,360
2015 $5,352 $36,000 $8,640 $27,360
2014 -- $36,000 $8,640 $27,360
2013 -- $36,000 $8,640 $27,360
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2012

    Rick Hartenstein

    LA Realty Group LLC

    (504) 251-3084

    21 Total Sales

    Rick Hartenstein
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Map

Source: ROAM MLS

MLS Number: 895119

APN: 6-14-1-215-01

Louisiana Orleans Parish New Orleans 70115 West Riverside

700 Napoleon Ave, New Orleans, LA

This home is located at 700 Napoleon Ave, New Orleans, LA 70115 since 07 November 2011 and is currently estimated at $732,113, approximately $244 per square foot. 700 Napoleon Ave is a home located in Orleans Parish with nearby schools including Sophie B. Wright Institute of Academic Excellence, Warren Easton Senior High School, and Ecole Bilingue de la Nouvelle-Orléans.

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.

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