7216 Zimple St New Orleans, LA 70118
Audubon NeighborhoodEstimated Value: $538,000 - $679,000
4
Beds
2
Baths
2,170
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Courtyard
- Central Heating and Cooling System
- Porch
- ENERGY STAR Qualified Appliances
- ENERGY STAR Qualified Water Heater
About This Home
As of February 2018Rare opportunity to own investment property less than half block from Broadway St., The Boot, The Mushroom, etc… Tenants walk to Loyola, Tulane, bars/restaurants without getting in car. Amazing architectural detail, floor to ceiling windows throughout the property, wood floors, great layout with independent bedrooms. All bedrooms have ceiling fans & closets, two bathrooms have double sinks. $4,750/mo in rental income, never vacant. 7.26% Acquisition Cap Rate, 11.23% IRR assuming 3% annual appreciation.
Last Agent to Sell the Property
Keller Williams Realty New Orleans License #NOM:995691614 Listed on: 02/01/2018
Last Buyer's Agent
Keller Williams Realty New Orleans License #NOM:995691614 Listed on: 02/01/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,057
Year Built
- Built in 2000 | Remodeled
Lot Details
- Lot Dimensions are 37'x122'
- Fenced
- Property is in very good condition
Home Design
- Duplex
- Craftsman Architecture
- Raised Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Wood Siding
- HardiePlank Type
Interior Spaces
- 2,170 Sq Ft Home
- 1-Story Property
- ENERGY STAR Qualified Appliances
Outdoor Features
- Courtyard
- Porch
Location
- Outside City Limits
Schools
- Lusher Elementary School
- Lusher High School
Utilities
- Central Heating and Cooling System
- ENERGY STAR Qualified Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 701187216ZimpleST
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2018
Closed on
Feb 28, 2018
Sold by
Reynolds Steur Peter and Reynolds Steur Lee
Bought by
Pappa Bob Llc A Louisiana Limited Liabil
Seller's Agent
Jared Zeller
Keller Williams Realty New Orleans
Buyer's Agent
Jared Zeller
Keller Williams Realty New Orleans
List Price
$575,000
Sold Price
$610,000
Premium/Discount to List
$35,000
6.09%
Total Days on Market
10
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
-$3,266
Avg. Annual Appreciation
-0.07%
Similar Homes in New Orleans, LA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pappa Bob Llc A Louisiana Limited Liabil | $610,000 | Winters Title Agency Inc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2018 02/28/18 | Sold | -- | -- | -- |
| 02/11/2018 02/11/18 | Pending | -- | -- | -- |
| 02/01/2018 02/01/18 | For Sale | $575,000 | -- | $265 / 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 | $7,057 | $53,470 | $13,540 | $39,930 |
| 2024 | $7,164 | $53,470 | $13,540 | $39,930 |
| 2023 | $7,403 | $54,900 | $9,030 | $45,870 |
| 2022 | $7,403 | $52,610 | $9,030 | $43,580 |
| 2021 | $7,903 | $54,900 | $9,030 | $45,870 |
| 2020 | $7,981 | $54,900 | $9,030 | $45,870 |
| 2019 | $8,294 | $54,900 | $9,030 | $45,870 |
| 2018 | $5,231 | $33,950 | $9,030 | $24,920 |
| 2017 | $4,995 | $33,950 | $9,030 | $24,920 |
| 2016 | $5,051 | $33,280 | $6,000 | $27,280 |
| 2015 | $4,948 | $33,280 | $6,000 | $27,280 |
| 2014 | -- | $33,280 | $6,000 | $27,280 |
| 2013 | -- | $33,280 | $6,000 | $27,280 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Zeller
Seller's Agent in 2018
Jared Zeller
Keller Williams Realty New Orleans
(504) 251-3045
48 Total Sales
Map
Source: Gulf South Real Estate Information Network
MLS Number: 2139814
APN: 6-15-3-080-03
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