NOT LISTED FOR SALE

722 S Salcedo St New Orleans, LA 70119

Mid-City Neighborhood

Estimated Value: $312,000 - $582,000

4 Beds
2 Baths
1,615 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 13, 2020

Current estimated payment $3,014/month

Highlights

  • Porch
  • Wood Siding
  • Property has 1 Level
  • Rectangular Lot
  • No Heating

About This Home

As of July 2020

Attention investors.Rare opportunity shotgun double in an established neighborhood. So much opportunity on this oversized deep lot.Embellished w/ many original features that remain intact: brackets, Victorian windows,corbels, vergeboard, window pediments, 4 fireplace mantels & 9ft French doors.Walkable area on the street carline, City Park, Lafitte Greenway, minutes from the French Quarter.This property falls under The Neighborhood Conservation District. https://www.nola.gov/safety-and-permits/ncdac/.

Last Agent to Sell the Property

REGINA GRAU

Crescent Sotheby's International License #995690471 Listed on: 06/12/2020

Last Buyer's Agent

Greg Keller

Wurth Real Estate Services License #995693936

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,509

Lot Details

  • Lot Dimensions are 30x144
  • Rectangular Lot
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,615 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 70119722-724SSalcedoST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,509

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 30X144
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 100
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1615.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Poor Condition, Fixer
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70119722-724SSalcedoST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 10, 2020
Sold by
Isakhanyan Varuzhan
Bought by
Eme Properties Llc
Seller's Agent
REGINA GRAU
Crescent Sotheby's International
Buyer's Agent
Greg Keller
Wurth Real Estate Services
List Price
$150,000
Current Estimated Value
$455,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.67%
Original Mortgage
$161,200
Outstanding Balance
$143,054
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$312,249

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 13, 2020
Sold by
Held Victoria Geeck
Bought by
Isakhanyan Varuzhan
Seller's Agent
REGINA GRAU
Crescent Sotheby's International
Buyer's Agent
Greg Keller
Wurth Real Estate Services
List Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Outstanding Balance
$143,054
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$312,249
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
Eme Properties Llc -- None Available
Isakhanyan Varuzhan $106,240 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eme Properties Llc $161,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold -- -- --
06/13/2020 06/13/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $150,000 -- $93 / 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 $7,509 $56,890 $4,320 $52,570
2024 $7,623 $56,890 $4,320 $52,570
2023 $1,437 $10,540 $3,890 $6,650
2022 $1,437 $10,210 $3,890 $6,320
2021 $1,517 $10,540 $3,890 $6,650
2020 $1,532 $10,540 $3,890 $6,650
2019 $1,508 $9,980 $2,160 $7,820
2018 $1,538 $9,980 $2,160 $7,820
2017 $1,468 $9,980 $2,160 $7,820
2016 $1,515 $9,980 $2,160 $7,820
2015 $1,484 $9,980 $2,160 $7,820
2014 -- $9,980 $2,160 $7,820
2013 -- $4,340 $2,160 $2,180
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    REGINA GRAU

    Crescent Sotheby's International

    (504) 655-2550

    105 Total Sales

    REGINA GRAU
    Section Image

  • G

    Buyer's Agent in 2020

    Greg Keller

    Wurth Real Estate Services

    (504) 330-8804

    10 Total Sales

    Greg Keller
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2256627

APN: 1-04-1-065-15

Louisiana Orleans Parish New Orleans 70119 Mid-City

722 S Salcedo St, New Orleans, LA

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