NOT LISTED FOR SALE

Estimated Value: $407,000 - $851,828

12 Beds
10 Baths
5,382 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 28, 2020

Current estimated payment $4,048/month

75 Days on Market

Highlights

  • Traditional Architecture
  • Courtyard
  • Central Heating and Cooling System
  • Corner Lot
  • Laundry Room
  • 3-minute walk to Carver Playground

About This Home

As of January 2020

Rare opportunity to acquire a turn key 10 unit apartment complex in close proximity to Tulane, Loyola, Audubon Park and the levee. Vacant lot located next door at 7473 Pitt Street can be purchased separately.

Last Agent to Sell the Property

Kristen Koppel

Valmont Realtors License #995687860 Listed on: 10/14/2019

Last Buyer's Agent

John Rareshide

RE/MAX N.O. Properties License #000015172

RE/MAX N.O. Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • Corner Lot
  • Irregular Lot
  • Property is in very good condition

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 5,382 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Full Bathrooms

Additional Features

  • Courtyard
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 10 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 701187477PittST

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,430

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 83/90 x 82/142
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 50
  • Year Built: 1960
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Owner Pays: Gas, Water
  • Full Bathrooms: 10
  • Total Bedrooms: 12
  • Living Area: 5382.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, City Lot, Irregular Lot
  • Home Warranty: No
  • Construction Type: Block, Stucco
  • Exterior Features: Courtyard
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Very Good Condition, Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701187477PittST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 10

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

Mortgage History

Date Status Borrower Loan Amount
Closed Ks Prop Llc $327,992
Closed Ks Prop Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold -- -- --
12/29/2019 12/29/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $825,000 -- $153 / 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 $5,430 $41,140 $14,980 $26,160
2024 $5,512 $41,140 $14,980 $26,160
2023 $5,067 $37,520 $7,280 $30,240
2022 $5,067 $36,010 $7,280 $28,730
2021 $5,401 $37,520 $7,280 $30,240
2020 $4,180 $28,750 $7,280 $21,470
2019 $4,344 $28,750 $7,280 $21,470
2018 $4,430 $28,750 $7,280 $21,470
2017 $4,230 $28,750 $7,280 $21,470
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2227438

APN: 7-16-1-009-18