NOT LISTED FOR SALE

7816 Olive St New Orleans, LA 70125

Gert Town Neighborhood

Estimated Value: $237,000 - $321,000

8 Beds
4 Baths
2,600 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 08, 2021

Current estimated payment $1,747/month

10 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 3-minute walk to Norwood Thompson Playground
  • Rectangular Lot
  • Window Unit Heating System

About This Home

As of April 2021

Sold as is! Perfect opportunity for investor to flip. Significant fire damage throughout. Many renovations and new builds in the surrounding neighborhood. Buyer must verify zoning. 4 blocks from Carrollton, nearby new police station and many restaurants and shops.

Last Agent to Sell the Property

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186 Listed on: 02/26/2021

Last Buyer's Agent

Deshon Smallwood

Crescent City Real Estate Partners, LLC License #912122418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Lot Details

  • Lot Dimensions are 25x125
  • Rectangular Lot
  • Tear Down

Home Design

  • Quadruplex
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Assessor Parcel Number 701257816OLIVEST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 25x125
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 66
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2600.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Concrete, Wood Siding
  • Foundation Details: Raised, Slab
  • Property Condition: Poor Condition, Tear Down / Value in Land
  • Roof: Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701257816OLIVEST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2016
Sold by
7816 Olive St Llc A Limited Liability Co
Bought by
Fbr Investments Llc A Limited Liability
Current Estimated Value
$296,299

Purchase Details

Closed on
Sep 26, 2016
Sold by
Hermo Kathleen Kinkaid
Bought by
Hermo Joseph Edward

Purchase Details

Closed on
Apr 22, 2004
Sold by
Hoskey Gregory D
Bought by
Wallace Edward V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,625
Interest Rate
5.38%
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
Fbr Investments Llc A Limited Liability -- None Available
Fbr Investments Llc A Limited Liability $130,000 Title Stream Llc
Hermo Joseph Edward -- None Available
Wallace Edward V $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savvor Restaurant And Lounge $196,000
Previous Owner Wallace Edward V $89,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold -- -- --
03/09/2021 03/09/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $95,000 -- $37 / 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 $1,482 $11,230 $1,880 $9,350
2024 $1,505 $11,230 $1,880 $9,350
2023 $905 $6,720 $940 $5,780
2022 $905 $6,430 $940 $5,490
2021 $1,684 $11,700 $940 $10,760
2020 $1,701 $11,700 $940 $10,760
2019 $1,609 $10,650 $940 $9,710
2018 $1,641 $10,650 $940 $9,710
2017 $1,567 $10,650 $940 $9,710
2016 $1,616 $10,650 $940 $9,710
2015 $1,583 $10,650 $940 $9,710
2014 -- $10,650 $940 $9,710
2013 -- $10,650 $940 $9,710
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRYCE DANNA-MARULLO

    Bridgewater Realty Advisors, LLC

    (504) 301-5583

    3 in this area

    41 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Deshon Smallwood

    Crescent City Real Estate Partners, LLC

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2288886

APN: 7-16-4-075-22

Louisiana Orleans Parish New Orleans 70125 Gert Town

7816 Olive St, New Orleans, LA

This home is located at 7816 Olive St, New Orleans, LA 70125 since 26 February 2021 and is currently estimated at $265,442, approximately $102 per square foot. 7816 Olive St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Esperanza Charter School, and Edward Hynes Charter School.

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