NOT LISTED FOR SALE

723 Kerlerec St New Orleans, LA 70116

Marigny Neighborhood

Estimated Value: $891,000 - $1,035,943

5 Beds
7 Baths
3,715 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 15, 2018

Current estimated payment $6,085/month

12 Days on Market

Highlights

  • Pond
  • Oversized Lot
  • Courtyard
  • Cottage
  • Porch
  • 4-minute walk to Washington Square Park

About This Home

As of October 2018

Gorgeous historic early cottage on very desirable secluded Marigny block. Restored to its original beauty, this 4-Plex stays rented to corporate tenants, is sold w/ all exquisite furnishings & has a luxurious large owner’s unit w/ upscale amenities. The entire property offers lots of original charm, wood floors throughout, high ceilings, fireplaces, pocket doors, kitchens w/ stainless appliances, granite countertops & gas ranges. Stunning landscaped, spacious courtyard w/ fountain. Must see one of a kind!

Last Agent to Sell the Property

Brigitte Fredy

LATTER & BLUM (LATT09) License #000040904 Listed on: 09/02/2018

LATTER & BLUM (LATT09)

Last Buyer's Agent

GEGE JOURDAN

REVE, REALTORS License #995689593

REVE, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,639

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • Fenced
  • Oversized Lot
  • Irregular Lot
  • Historic Home
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Cottage
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,715 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Pond
  • Courtyard
  • Wood Patio
  • Porch

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Tax Lot 3
  • Assessor Parcel Number 70116723KerlerecST3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,639

Year Built

Built in 2013 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 33/25 X134/139
  • Subdivision Name: Not a Subdivision
  • Directions: Right on Bourbon Street
  • Architectural Style: Cottage, Historic/Antique
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 150
  • Year Built: 2013
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2013

Interior Features

  • Owner Pays: Electricity, Gas, Water
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 3715.0

Exterior Features

  • Lot Features: City Lot, Irregular Lot, Oversized Lot, Pond
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Courtyard, Fence, Porch, Patio
  • Foundation Details: Raised
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Excellent, Updated/Remodeled, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

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

Lot Info

  • Parcel #: 70116723KerlerecST3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2018
Closed on
Oct 15, 2018
Sold by
Lalande Scott Susan Mary and Lee Scott Terry
Bought by
Colombo Vimarie Ortiz
Seller's Agent
Brigitte Fredy
LATTER & BLUM (LATT09)
Buyer's Agent
GEGE JOURDAN
REVE, REALTORS
List Price
$1,187,700
Current Estimated Value
$944,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.68%
Original Mortgage
$684,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 15, 2013
Sold by
The Kronlage Family Limited Pa
Bought by
Lalande Susan M
Seller's Agent
Dorian Bennett
Crescent Sotheby's International
List Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Colombo Vimarie Ortiz $1,140,000 Crescent Title Llc
Lalande Susan M $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colombo Vimarie Ortiz $715,000
Closed Colombo Vimarie Ortiz $684,000
Previous Owner Lalande Susan M $417,000
Previous Owner Kronlage Family L P $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold -- -- --
09/15/2018 09/15/18 Pending -- -- --
09/02/2018 09/02/18 For Sale $1,187,700 +63.8% $320 / Sq Ft
05/15/2013 05/15/13 Sold -- -- --
04/15/2013 04/15/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $725,000 -- $195 / 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 $12,639 $102,600 $13,520 $89,080
2024 $12,829 $102,600 $13,520 $89,080
2023 $12,840 $102,600 $11,830 $90,770
2022 $12,840 $98,060 $11,830 $86,230
2021 $13,787 $102,600 $11,830 $90,770
2020 $13,923 $102,600 $11,830 $90,770
2019 $9,917 $72,500 $11,830 $60,670
2018 $10,112 $72,500 $11,830 $60,670
2017 $9,641 $72,500 $11,830 $60,670
2016 $9,944 $72,500 $11,830 $60,670
2015 $9,742 $72,500 $3,380 $69,120
2014 -- $72,500 $3,380 $69,120
2013 -- $43,890 $3,380 $40,510
Source: Public Records

Agents Affiliated with this Home

  • Brigitte Fredy

    Seller's Agent in 2018

    Brigitte Fredy

    LATTER & BLUM (LATT09)

    (504) 616-4044

    2 in this area

    41 Total Sales

    Brigitte Fredy
    Section Image

  • G

    Buyer's Agent in 2018

    GEGE JOURDAN

    REVE, REALTORS

    (504) 717-6185

    36 Total Sales

    GEGE JOURDAN
    Section Image

  • D

    Seller's Agent in 2013

    Dorian Bennett

    Crescent Sotheby's International

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2171614

APN: 3-7W-1-009-03

Louisiana Orleans Parish New Orleans 70116 Marigny

723 Kerlerec St, New Orleans, LA

This home is located at 723 Kerlerec St, New Orleans, LA 70116 since 02 September 2018 and is currently estimated at $944,314, approximately $254 per square foot. This property was built in 2013. 723 Kerlerec St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Homer Plessy French Quarter Community School, and Mary Bethune Elementary School.

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