718 Third St New Orleans, LA 70130
Irish Channel NeighborhoodEstimated Value: $377,000 - $566,000
7
Beds
3
Baths
2,843
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- Shotgun Architecture
- Courtyard
- Fenced
- Porch
- Property is in very good condition
- 2-minute walk to Burke Playground
About This Home
As of December 2021INCREDIBLE LOCATION! Stunning Investment Opportunity in the Irish Channel across from Burke Playground/Clay Square. Ripe for Renovation into a Stunning Single Family with Separate Rear Apartment or keep as Incoming Producing Investment. Priced at recent appraisal. X Flood Zone. Separate meters, Newer window units/gas heaters, Updated Electrical, Updated Bathrooms, Multiple Closets & Ceiling Fans, Washer/Dryer Hookups in both larger units, Cute Side & Front Porches with Large Brick Patio/Courtyard in rear.
Last Agent to Sell the Property
LATTER & BLUM (LATT18) License #NOM:995692719 Listed on: 10/15/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,874
Year Built
- Built in 2017
Lot Details
- Fenced
- Property is in very good condition
Home Design
- Triplex
- Shotgun Architecture
- Raised Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,843 Sq Ft Home
- Property has 1 Level
Outdoor Features
- Courtyard
- Porch
Location
- Outside City Limits
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 70130718THIRDST12
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2021
Closed on
Dec 22, 2021
Sold by
Les Anges Properties Llc
Bought by
Mcfarland Charlotte Camros and Dufour Mark David
Seller's Agent
Stephanie Fisher
LATTER & BLUM (LATT18)
Buyer's Agent
Hill Riddle
Hill Riddle, Jr. & Associates, LLC
List Price
$610,000
Sold Price
$562,500
Premium/Discount to List
-$47,500
-7.79%
Total Days on Market
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,490
Avg. Annual Appreciation
-3.11%
Original Mortgage
$421,875
Outstanding Balance
$391,365
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$112,645
Purchase Details
Closed on
Dec 14, 2017
Sold by
Powell Parra Katherine and Parra Alphonse F
Bought by
Les Anges Properties Llc A Limited Liabi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,630
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2017
Sold by
Louisiana Purchase Apts Ii Llc A Louisia
Bought by
Powell Katherine and Parra Alphonso F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,630
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 20, 2014
Closed on
Jul 29, 2015
Sold by
Williams Jessie R
Bought by
Louisiana Purchase Aptsii Llc and Les Anges Properties Llc
Buyer's Agent
Michael Zarou
LATTER & BLUM (LATT18)
List Price
$549,500
Sold Price
$405,000
Premium/Discount to List
-$144,500
-26.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcfarland Charlotte Camros | $562,500 | Crescent Title Llc | |
| Les Anges Properties Llc A Limited Liabi | $149,972 | Crescent Title Llc | |
| Powell Katherine | -- | None Available | |
| Louisiana Purchase Aptsii Llc | $405,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcfarland Charlotte Camros | $421,875 | |
| Previous Owner | Les Anges Properties Llc A Limited Liabi | $196,630 | |
| Previous Owner | Louisiana Purchase Apts Iii Llc | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | -- | -- | -- |
| 10/31/2021 10/31/21 | Pending | -- | -- | -- |
| 10/15/2021 10/15/21 | For Sale | $610,000 | 0.0% | $215 / Sq Ft |
| 09/24/2018 09/24/18 | For Rent | $1,200 | 0.0% | -- |
| 09/24/2018 09/24/18 | Rented | $1,200 | 0.0% | -- |
| 07/29/2015 07/29/15 | Sold | -- | -- | -- |
| 05/22/2015 05/22/15 | Pending | -- | -- | -- |
| 05/20/2014 05/20/14 | For Sale | $549,500 | -- | $212 / Sq Ft |
Source: Gulf South Real Estate Information Network
Tax History Compared to Growth
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 | $6,874 | $52,080 | $17,060 | $35,020 |
| 2024 | $6,978 | $52,080 | $17,060 | $35,020 |
| 2023 | $4,804 | $47,250 | $7,310 | $39,940 |
| 2022 | $4,804 | $34,140 | $7,310 | $26,830 |
| 2021 | $5,109 | $35,550 | $7,310 | $28,240 |
| 2020 | $5,109 | $35,140 | $7,310 | $27,830 |
| 2019 | $5,309 | $35,140 | $7,310 | $27,830 |
| 2018 | $5,414 | $35,140 | $7,310 | $27,830 |
| 2017 | $5,170 | $35,140 | $7,310 | $27,830 |
| 2016 | $6,147 | $40,500 | $5,850 | $34,650 |
| 2015 | $62 | $5,940 | $3,900 | $2,040 |
| 2014 | -- | $5,940 | $3,900 | $2,040 |
| 2013 | -- | $5,940 | $3,900 | $2,040 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Fisher
S
Seller's Agent in 2021
Stephanie Fisher
Latter & Blum
2 in this area
10 Total Sales
-
Hill Riddle
Buyer's Agent in 2021
Hill Riddle
Hill Riddle, Jr. & Associates, LLC
(504) 881-6313
5 in this area
34 Total Sales
-
Lynn McClave
L
Seller's Agent in 2018
Lynn McClave
Wurth Real Estate Services
5 Total Sales
-
Michael Zarou
Buyer's Agent in 2015
Michael Zarou
Latter & Blum
(504) 913-2872
7 in this area
148 Total Sales
Map
Source: Gulf South Real Estate Information Network
MLS Number: 2318961
APN: 4-11-1-057-24
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