NOT LISTED FOR SALE

721 S Salcedo St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $261,662 - $381,000

6 Beds
2 Baths
1,744 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 18, 2023

Current estimated payment $1,980/month

83 Days on Market

Highlights

  • Shotgun Architecture
  • Enhanced Accessible Features
  • Property is in very good condition
  • Porch
  • Central Heating and Cooling System
  • Fenced

About This Home

As of October 2023

Fully operational permitted Commercial STR in Mid-City in walkable distance to many restaurants, shops, Medical Center, Bayou St. John, and the Lafitte Greenway. The commercially permitted 3/2 STR side comes fully furnished (negotiable - included in list price) and is operational with an avg 4.7/5 star review. The 2/1 unit is currently a LTR for $1600/mo. Both units were renovated in 2015 w/all flooring, kitchen cabinets & counters, appliances, windows, interior doors, central air, and updated electrical & plumbing, structural updates made in 2018, and further cosmetic updates and new appliances in 2021. While 721 is sold fully furnished, the owners are willing to remove the furniture. There's potential to upgrade your commercial airbnb into a 5 bed 2 bath by connecting both sides! New CSTR permits are currently banned and as long as this property stays in compliance, it is in and can be sold with the permit to a new owner. The street has also recently been completed by the city. Sellers Mortgage is Assumable Owner/Agent

Last Agent to Sell the Property

JACOB MARTINOLICH

eXp Realty, LLC License #NOM:995691893 Listed on: 06/21/2023

eXp Realty, LLC

Last Buyer's Agent

Jacob Freedman

FQR Realtors License #NOM:995703560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,416

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • Lot Dimensions are 30 x 102
  • Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Shotgun Architecture
  • Raised Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,744 Sq Ft Home
  • Property has 1 Level

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Enhanced Accessible Features
  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,416

Year Built

Built in 2015 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Shot Gun
  • Condition: Vrgd
  • ADA Features: Yes
  • Legal Description: SQ 651 LOT 23 30X102 SOUTH SALCEDO 721-23 SO SALCEDO
  • Lp Amt Sq Ft: 197.82
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2015
  • Age: 101
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC, Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Estimated Living Area: 1744
  • Total Sq Ft: 1744

Exterior Features

  • Pool Type: None
  • Exterior: Siding
  • ExteriorFeatures: Fence, Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Owner
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 30 x 102

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 15, 2021
Sold by
Vande Krol Geralyn L Mobley and Vande Van De
Bought by
Kain Anthony J and Ponthier Neil
Seller's Agent
Aaron Dare
Crane Realtors
Buyer's Agent
JACOB MARTINOLICH
eXp Realty, LLC
List Price
$299,000
Current Estimated Value
$323,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$213,750
Outstanding Balance
$196,541
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$126,625

Purchase Details

Listed on
Dec 18, 2017
Closed on
Jan 19, 2018
Sold by
Anthony Piitre Ryan
Bought by
Golden Age Ventures Llc A Louisiana Limi
Seller's Agent
TODD BABIN
Babin Realty, LLC
Buyer's Agent
Luke Garris
ERA PowerMark Properties
List Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%

Purchase Details

Listed on
Nov 12, 2014
Closed on
Feb 27, 2015
Sold by
Williams Larry
Bought by
Pitre Rebecca S
Seller's Agent
Christine Breaux
Compass Uptown-Maple St (LATT28)
Buyer's Agent
Tangie Stephens
KELLER WILLIAMS REALTY 455-0100
List Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.22%

Purchase Details

Closed on
Nov 26, 2008
Sold by
U S Bank N A Tr
Bought by
Williams Larry and Waivers,Tyrianne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,892
Interest Rate
5.99%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Brown Jodre C
Bought by
Smief Kevin Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.09%

Purchase Details

Closed on
Oct 26, 2004
Sold by
Secy Of H U D&Washingto
Bought by
Davis Brian
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kain Anthony J $285,000 Gulf South Title Corp
Golden Age Ventures Llc A Louisiana Limi $252,500 Title Management Group Inc
Pitre Rebecca S $83,900 --
Williams Larry $85,000 --
Smief Kevin Jerome $185,000 --
Davis Brian $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kain Anthony J $213,750
Previous Owner Williams Larry $83,892
Previous Owner Smief Kevin Jerome $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold -- -- --
08/28/2023 08/28/23 Price Changed $345,000 -1.4% $198 / Sq Ft
07/20/2023 07/20/23 Price Changed $350,000 -2.8% $201 / Sq Ft
06/21/2023 06/21/23 For Sale $360,000 +20.4% $206 / Sq Ft
12/15/2021 12/15/21 Sold -- -- -- View Prior Sale
11/15/2021 11/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $299,000 +12.8% $171 / Sq Ft
01/19/2018 01/19/18 Sold -- -- -- View Prior Sale
12/20/2017 12/20/17 Pending -- -- --
12/18/2017 12/18/17 For Sale $265,000 +167.7% $151 / Sq Ft
02/27/2015 02/27/15 Sold -- -- -- View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $99,000 -- $64 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $3,416 $25,880 $3,060 $22,820
2024 $3,468 $25,880 $3,060 $22,820
2023 $3,058 $22,730 $2,750 $19,980
2022 $3,058 $21,730 $2,750 $18,980
2021 $3,272 $22,730 $2,750 $19,980
2020 $3,304 $22,730 $2,750 $19,980
2019 $1,269 $8,400 $1,530 $6,870
2018 $1,294 $8,400 $1,530 $6,870
2017 $1,236 $8,400 $1,530 $6,870
2016 $1,275 $8,400 $1,530 $6,870
2015 $1,748 $11,760 $1,530 $10,230
2014 -- $11,760 $1,530 $10,230
2013 -- $8,500 $1,530 $6,970
Source: Public Records

Agents Affiliated with this Home

  • JACOB MARTINOLICH

    Seller's Agent in 2023

    JACOB MARTINOLICH

    eXp Realty, LLC

    (337) 522-7554

    5 in this area

    54 Total Sales

    JACOB MARTINOLICH
    Section Image
  • Jacob Freedman

    Buyer's Agent in 2023

    Jacob Freedman

    FQR Realtors

    (504) 603-6577

    5 in this area

    107 Total Sales

    Jacob Freedman
    Section Image
  • Aaron Dare

    Seller's Agent in 2021

    Aaron Dare

    Crane Realtors

    (504) 210-2014

    52 in this area

    298 Total Sales

    Aaron Dare
    Section Image

  • T

    Seller's Agent in 2018

    TODD BABIN

    Babin Realty, LLC

    (504) 487-7602

    29 Total Sales

    TODD BABIN
    Section Image
  • Luke Garris

    Buyer's Agent in 2018

    Luke Garris

    ERA PowerMark Properties

    (504) 455-0100

    1 in this area

    28 Total Sales

    Luke Garris
    Section Image

  • C

    Seller's Agent in 2015

    Christine Breaux

    Compass Uptown-Maple St (LATT28)

    (504) 296-4064

    36 Total Sales

    Christine Breaux
    Section Image
See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2400373

Gulf South Real Estate Information Network

APN: 1-04-1-068-22

Louisiana Orleans Parish New Orleans 70119 Mid-City

721 S Salcedo St, New Orleans, LA

This home is located at 721 S Salcedo St, New Orleans, LA 70119 since 21 June 2023 and is currently estimated at $323,166, approximately $185 per square foot. This property was built in 2015. 721 S Salcedo St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Morris Jeff Community School.

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.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes