NOT LISTED FOR SALE

7874 S Coronet Ct New Orleans, LA 70126

West Lake Forest Neighborhood

Estimated Value: $256,000 - $267,000

8 Beds
8 Baths
4,000 Sq Ft
$65/Sq Ft Est. Value

Last Sold January 13, 2025

Current estimated payment $1,599/month

170 Days on Market

Highlights

  • 0.2 Acre Lot
  • Rectangular Lot
  • Fenced
  • Central Heating and Cooling System

About This Home

As of January 2025

A great opportunity to obtain an investment property that is already producing income is here!! All four units are currently rented and there is room for growth. This is fully brick property & all units have separate AC central air & heating units as well as their own independent water meters.

Last Listed By

Sean-Michael Washington

Porch Light Realty License #995705989 Listed on: 07/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1978

Lot Details

  • 8,577 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 12
  • Assessor Parcel Number 39W050512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1969
  • Lot Size: 65/69 X 140/116
  • Architectural Style: Ranch
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1978
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4000.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Average Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

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

Lot Info

  • Parcel #: 39W050512
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2023
Closed on
Apr 14, 2023
Sold by
Wilkinson Delilia P
Bought by
Cassimere Yvonne
Seller's Agent
JAMES Thomas Jr
Liberty One Realty, Inc.
Buyer's Agent
JUSTIN SMOOT
Homesmart Realty South
List Price
$239,000
Sold Price
$216,000
Premium/Discount to List
-$23,000
-9.62%
Total Days on Market
170
Views
143
Current Estimated Value
$259,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,992
Avg. Annual Appreciation
9.18%
Original Mortgage
$186,813
Outstanding Balance
$180,576
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$79,416
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Cassimere Yvonne $216,000 Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassimere Yvonne $186,813
Previous Owner Wilkinson Charles $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold -- -- --
10/02/2024 10/02/24 Price Changed $285,000 -12.3% $71 / Sq Ft
08/21/2024 08/21/24 Price Changed $325,000 -7.1% $81 / Sq Ft
07/26/2024 07/26/24 For Sale $350,000 +46.4% $88 / Sq Ft
04/20/2023 04/20/23 Sold -- -- --
02/25/2023 02/25/23 Pending -- -- --
02/12/2023 02/12/23 For Sale $239,000 -- $57 / 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 $2,623 $19,870 $1,720 $18,150
2024 $2,662 $19,870 $1,720 $18,150
2023 $2,018 $15,000 $1,720 $13,280
2022 $2,018 $14,340 $1,720 $12,620
2021 $2,159 $15,000 $1,720 $13,280
2020 $2,181 $15,000 $1,720 $13,280
2019 $2,266 $15,000 $1,720 $13,280
2018 $2,311 $15,000 $1,720 $13,280
2017 $2,207 $15,000 $1,720 $13,280
2016 $2,277 $15,000 $1,720 $13,280
2015 $2,230 $15,000 $1,720 $13,280
2014 -- $15,000 $1,720 $13,280
2013 -- $15,000 $1,720 $13,280
Source: Public Records

Agents Affiliated with this Home

  • Sean-Michael Washington

    Seller's Agent in 2025

    Sean-Michael Washington

    Porch Light Realty

    (504) 321-3241

    1 in this area

    28 Total Sales

    Sean-Michael Washington
    Section Image
  • JAMES Thomas Jr

    Seller's Agent in 2023

    JAMES Thomas Jr

    Liberty One Realty, Inc.

    (504) 246-7926

    5 in this area

    28 Total Sales

    JAMES Thomas Jr
    Section Image

  • J

    Buyer's Agent in 2023

    JUSTIN SMOOT

    Homesmart Realty South

    (504) 289-6791

    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2460412

APN: 3-9W-0-505-12

Louisiana Orleans Parish New Orleans 70126 West Lake Forest

7874 S Coronet Ct, New Orleans, LA

This home is located at 7874 S Coronet Ct, New Orleans, LA 70126 since 26 July 2024 and is currently estimated at $259,992, approximately $64 per square foot. This property was built in 1978. 7874 S Coronet Ct is a home located in Orleans Parish with nearby schools including KIPP Morial, KIPP East Community Primary, and Robert Russa Moton Charter School.

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