NOT LISTED FOR SALE

7026 S Claiborne Ave New Orleans, LA 70125

Audubon Neighborhood

Estimated Value: $415,000 - $775,000

10 Beds
8 Baths
4,104 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 07, 2021

Current estimated payment $4,299/month

81 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Rectangular Lot
  • Porch

About This Home

As of October 2021

Superb investment opportunity. This four-plex is within walking distance to the uptown universities' campuses and provides convenient access to the CBD via South Claiborne Ave. The property's rear parking lot and extended driveway provide ample off-street parking. The units feature hardwood floors throughout and access via the front and rear. The building also includes an unfinished basement, which is currently used for common W/D units and storage. Units A, C, & D are rented through 12/2021.

Last Agent to Sell the Property

Liza Whitfield

Upper Management Realty, LLC License #995706461 Listed on: 06/17/2021

Last Buyer's Agent

PATTI FAULDER

REVE, REALTORS License #000074977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,609

Year Built

  • Built in 2005

Lot Details

  • 4,879 Sq Ft Lot
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Stucco

Interior Spaces

  • 4,104 Sq Ft Home
  • Property has 3 Levels
  • Window Screens
  • Laundry in Basement

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Porch

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot B
  • Assessor Parcel Number 701187026SClaiborneAVB

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,609

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.112
  • Lot Size: 4875
  • Directions: FROM N CLAIBORNE AVE, FOLLOW S CLAIBORNE AVE TO AUDUBON ST. HOUSE FACES S CLAIBORNE AVE AT THIS IRREGULAR CORNER.
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: 91
  • Year Built: 2005
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 10
  • Living Area: 4104.0
  • Window Features: Screens

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Balcony, Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Average Condition, Repairs Cosmetic, Fixer
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Three or more Spaces

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701187026SClaiborneAVB
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Oct 7, 2021
Sold by
Bankruptcy Estate Of South Claiborne Hol
Bought by
Hang Bin
Seller's Agent
Liza Whitfield
Upper Management Realty, LLC
Buyer's Agent
PATTI FAULDER
REVE, REALTORS
List Price
$870,000
Current Estimated Value
$641,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.20%
Original Mortgage
$525,000
Outstanding Balance
$480,824
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$161,057
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
Hang Bin $700,000 Actual Title&Abstracting Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hang Bin $525,000
Previous Owner South Claiborne Holdings Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold -- -- --
09/07/2021 09/07/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $870,000 -- $212 / 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 $9,609 $72,800 $14,640 $58,160
2024 $9,754 $72,800 $14,640 $58,160
2023 $9,356 $66,490 $7,320 $59,170
2022 $9,356 $66,490 $7,320 $59,170
2021 $12,796 $88,890 $7,320 $81,570
2020 $8,368 $57,560 $7,320 $50,240
2019 $8,696 $57,560 $7,320 $50,240
2018 $8,869 $57,560 $7,320 $50,240
2017 $8,468 $57,560 $7,320 $50,240
2016 $6,483 $42,710 $7,320 $35,390
2015 $6,350 $42,710 $7,320 $35,390
2014 -- $42,710 $7,320 $35,390
2013 -- $42,710 $7,320 $35,390
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Liza Whitfield

    Upper Management Realty, LLC

    Section Image
  • PATTI FAULDER

    Buyer's Agent in 2021

    PATTI FAULDER

    REVE, REALTORS

    (504) 905-7473

    9 in this area

    52 Total Sales

    PATTI FAULDER
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2304495

APN: 6-15-3-119-06

Louisiana Orleans Parish New Orleans 70118 Audubon

7026 S Claiborne Ave, New Orleans, LA

This home is located at 7026 S Claiborne Ave, New Orleans, LA 70125 since 17 June 2021 and is currently estimated at $641,881, approximately $156 per square foot. This property was built in 2005. 7026 S Claiborne Ave is a home located in Orleans Parish with nearby schools including Eleanor McMain Secondary School, Warren Easton Senior High School, and Stuart Hall School For Boys.

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