NOT LISTED FOR SALE

740-42 A Louque Place New Orleans, LA 70124

Navarre Neighborhood

Estimated Value: $630,758 - $744,000

9 Beds
4 Baths
5,209 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 02, 2024

Current estimated payment $4,356/month

89 Days on Market

Highlights

  • Porch
  • Property is in very good condition
  • 2-minute walk to Lakeview Playground
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of May 2024

Great opportunity to owner occupy or snag an investment property in a demand area. This 4 plex has been well loved and maintained for decades and is ready for its next chapter. All 4 units are tenant occupied and producing income. Tenants pay their own utilities. Corner lot that offers plenty of parking on the street. Roof replaced after Ida.
The location is fantastic! The property is in South Lakeview and is convenient to so many features and hot spots. Just one block off Canal Blvd, and walkable to City Park Ave and Orleans Ave. There's a cafe around the corner, a brewery you can bike to, oh and this little place called CITY PARK right in the neighborhood!

Last Agent to Sell the Property

Christopher Hakenjos

RE/MAX Living License #995692924 Listed on: 02/02/2024

Last Buyer's Agent

Michael Langteau

LATTER & BLUM (LATT28) License #995704924

LATTER & BLUM (LATT28)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,405

Year Built

  • Built in 1929

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 54 x 120
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 5,209 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 206305701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,405

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1102
  • Lot Size: 54 x 120
  • Directions: Heading SOUTH on Canal from I-610, take a LEFT on Louque Pl
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1929
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Living Area: 5209.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 206305701
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 4

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martinez Patherson Alberto Roda $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold -- -- --
02/29/2024 02/29/24 Price Changed $667,500 -2.9% $128 / Sq Ft
02/02/2024 02/02/24 For Sale $687,500 -- $132 / 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 $7,405 $54,970 $12,000 $42,970
2024 $4,498 $32,800 $5,040 $27,760
2023 $3,612 $32,800 $5,040 $27,760
2022 $3,612 $31,410 $5,040 $26,370
2021 $3,889 $32,800 $5,040 $27,760
2020 $3,925 $32,800 $5,040 $27,760
2019 $4,055 $32,800 $5,040 $27,760
2018 $4,130 $32,800 $5,040 $27,760
2017 $3,936 $32,800 $5,040 $27,760
2016 $4,044 $32,800 $5,040 $27,760
2015 $3,965 $32,800 $5,040 $27,760
2014 -- $32,800 $5,040 $27,760
2013 -- $25,440 $3,840 $21,600
Source: Public Records

Agents Affiliated with this Home

  • Christopher Hakenjos

    Seller's Agent in 2024

    Christopher Hakenjos

    RE/MAX

    (504) 495-4695

    2 in this area

    46 Total Sales

    Christopher Hakenjos
    Section Image

  • M

    Buyer's Agent in 2024

    Michael Langteau

    LATTER & BLUM (LATT28)

    (504) 669-0096

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2431596

APN: 2-06-3-057-01

Louisiana Orleans Parish New Orleans 70124 Navarre

740-42 A Louque Place, New Orleans, LA

This home is located at 740-42 A Louque Place, New Orleans, LA 70124 since 02 February 2024 and is currently estimated at $668,690, approximately $128 per square foot. This property was built in 1929. 740-42 A Louque Place is a home located in Orleans Parish with nearby schools including Mary Bethune Elementary School, Success Preparatory Academy, and International School of Louisiana – Dixon.

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