$188,500
SOLD AUG 16, 2024
Last list price
-- Bed
-- Bath
2,700 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

130 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of August 2024

Income property in New Orleans East, 1 block from Lake Pontchartrain. Unit #1 features 3 bedrooms, 2 full baths, and Unit #2 offers 2 bedrooms, 1 full bath. Both units are currently occupied and rented, bringing in over $2,000 a month. They are in good condition, requiring minimal repairs. Both units are equipped with low-maintenance features for easy care. The property also comes with a large carport capable of fitting 4+ cars. Additionally, both units have long-term tenants in place, ensuring stability and consistent rental income.

Last Agent to Sell the Property

Kara Ferguson

Bee Realty License #NOM:995709109 Listed on: 03/07/2024

Last Buyer's Agent

Jim Zimmerman

RE/MAX Select License #NOM:995687620

RE/MAX Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,124

Year Built

  • 1980

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is in average condition

Parking

  • Carport

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 1 Level

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 39W029707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,124

Year Built

1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Avg
  • ADA Features: No
  • Legal Description: SQ F LAKESIDE PARK LOT 27-A 50X100 DBLE BR 14/RMS A/R C/PORT 7941-43 DORSETT DR
  • Lp Amt Sq Ft: 69.81
  • Building Stories: 1.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built (Public Record): 1980

Interior Features

  • Estimated Living Area: 2700
  • Total Sq Ft: 2700

Exterior Features

  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Carport

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.1148
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 50X100
  • Parcel #: 39W029707

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 5
  • Total Full Baths All Units: 2
  • Total Rent All Units: 2150
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
2005 N Broad Llc A Louisiana Limited Lia
Bought by
Fontenette Devin C
Total Days on Market
130
Current Estimated Value
$186,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Reese Ramona A
Bought by
Deutsche Bank Ntl Tr Co As Tr
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 Type Sale Price Title Company
Warranty Deed $125,000 Supreme Title Of La Inc
Sheriffs Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,030 FHA
Closed $123,200 New Conventional
Closed $122,735 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold -- -- --
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $188,500 -0.3% $70 / Sq Ft
05/15/2024 05/15/24 Price Changed $189,000 -5.0% $70 / Sq Ft
04/11/2024 04/11/24 Price Changed $199,000 -2.9% $74 / Sq Ft
03/07/2024 03/07/24 For Sale $204,900 -- $76 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $2,124 $16,090 $1,000 $15,090
2024 $1,237 $16,090 $1,000 $15,090
2023 $609 $11,670 $1,000 $10,670
2022 $609 $11,140 $1,000 $10,140
2021 $698 $11,670 $1,000 $10,670
2020 $704 $11,670 $1,000 $10,670
2019 $727 $11,670 $1,500 $10,170
2018 $740 $11,670 $1,500 $10,170
2017 $1,717 $11,670 $1,500 $10,170
2016 $1,771 $11,670 $1,500 $10,170
2015 $1,891 $12,720 $1,500 $11,220
2014 -- $12,720 $1,500 $11,220
2013 -- $12,720 $1,500 $11,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2437802

Gulf South Real Estate Information Network

APN: 3-9W-0-297-07