NOT LISTED FOR SALE

701 Franklin Ave Gretna, LA 70053

Estimated Value: $385,000 - $447,000

2 Beds
2 Baths
1,300 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 09, 2022

Current estimated payment $2,589/month

21 Days on Market

Highlights

  • French Provincial Architecture
  • Corner Lot
  • Window Unit Cooling System
  • Gretna No. 2 Academy for Advanced Studies Rated A
  • Porch
  • Fenced

About This Home

As of May 2022

Excellent opportunity for investor. Corner lot-double house, both sides are currently rented for $750 each side.701 and 703 Franklin Avenue. Please do not disturb tenants. Contact agent for further details. All offers to be received with expiration of 4/30/2022 at 5:00PM. Cash only sale. Proof of funds to be submitted with all offers.

Last Agent to Sell the Property

Jennifer Tuttle

Community RealEstate LLC License #995699127 Listed on: 04/17/2022

Last Buyer's Agent

DOMONIQUE TYSON

Welcome Home NOLA, LLC License #995699208

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 40x140
  • Fenced
  • Corner Lot
  • Property is in average condition

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • French Provincial Architecture
  • Raised Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Mcdonoghville Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 70053701FranklinAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,906

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 40x140
  • Co List Office Mls Id: BRB46651
  • Co List Office Phone: (985) 400-5192
  • Subdivision Name: McDonoghville
  • Directions: Turn off the Westbank Expressway onto Franklin Ave, house is down Franklin on the right side of street
  • Architectural Style: French/Provincial
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 50
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1300.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Concrete
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Two Spaces

Utilities

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

Lot Info

  • Parcel #: 70053701FranklinAV
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Gaudet Donald A
Bought by
Multi Race Housing Llc
Current Estimated Value
$428,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Outstanding Balance
$155,122
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$273,632

Purchase Details

Closed on
Aug 20, 2004
Sold by
Ehret Stephen
Bought by
Gaudet Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
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
Multi Race Housing Llc -- None Available
Gaudet Donald $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Multi-Race Housing Llc $169,500
Closed Multi-Race Housing Llc $120,000
Closed Gaudet Donald Anthony $80,000
Open Multi-Race Housing Llc $500,000
Closed Gaudet Donald Anthony $98,400
Closed Gaudet Donald $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold -- -- --
04/17/2022 04/17/22 For Sale $150,000 -- $115 / 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 $2,906 $14,250 $2,260 $11,990
2023 $2,037 $14,250 $2,260 $11,990
2022 $2,037 $14,250 $2,260 $11,990
2021 $1,011 $7,440 $2,260 $5,180
2020 $1,005 $7,440 $2,260 $5,180
2019 $1,021 $7,440 $2,160 $5,280
2018 $510 $7,440 $2,160 $5,280
2017 $866 $7,440 $2,160 $5,280
2016 $851 $7,440 $2,160 $5,280
2015 $511 $7,920 $1,730 $6,190
2014 $511 $7,920 $1,730 $6,190
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Tuttle

    Community RealEstate LLC

    (504) 554-2839

    1 in this area

    29 Total Sales

    Section Image
  • DOMONIQUE TYSON

    Buyer's Agent in 2022

    DOMONIQUE TYSON

    Welcome Home NOLA, LLC

    (504) 521-1100

    1 in this area

    31 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2341006

APN: 0100003164

Louisiana Jefferson Parish Gretna 70053

701 Franklin Ave, Gretna, LA

This home is located at 701 Franklin Ave, Gretna, LA 70053 since 17 April 2022 and is currently estimated at $428,754, approximately $329 per square foot. This property was built in 1970. 701 Franklin Ave is a home located in Jefferson Parish with nearby schools including McDonogh 26 Elementary School, Gretna No. 2 Academy for Advanced Studies, and L.H. Marrero Middle School.

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