NOT LISTED FOR SALE

803 Red Allen Way New Orleans, LA 70114

McDonough Neighborhood

Estimated Value: $101,000 - $397,000

5 Beds
3 Baths
2,808 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 17, 2024

Current estimated payment $1,744/month

145 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • Corner Lot
  • Accessibility Features
  • 4-minute walk to Delcazal Playground

About This Home

As of September 2024

Back on the market reduced due to some fire damage. Price reduced from original by over 300k. Small fire damage limited to master bedroom upstairs. Some water damage throughout main building not excessive. 2nd building not damage by fire. Property consist of one large parcel that can be subdivided into three different lots. Loads of potential & possibilities can be yours. Now is the time with reduced price. Still have the historic part of property where Grammy nominated band Tank and the Bangers started and performed undamaged by fire.

Last Agent to Sell the Property

Mike Strachan

RE/MAX Affiliates License #000007710 Listed on: 02/16/2024

RE/MAX Affiliates

Last Buyer's Agent

Mike Strachan

RE/MAX Affiliates License #000007710 Listed on: 02/16/2024

RE/MAX Affiliates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 32x120
  • Corner Lot
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • Property has 2 Levels
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Accessibility Features
  • City Lot
  • Central Heating and Cooling System

Community Details

  • Algiers Riverpoint Subdivision

Listing and Financial Details

  • Assessor Parcel Number 513204101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 32X120
  • Subdivision Name: Algiers Riverpoint
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1922
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2808.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Average Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Lot Info

  • Parcel #: 513204101
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2021
Sold by
Pcof Properties Llc
Bought by
More Than Hope Consultants Llc
Current Estimated Value
$303,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$293,671
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$9,522

Purchase Details

Closed on
Apr 29, 2020
Sold by
Precept Credit Opportunities Fund Lp
Bought by
Pcof Properties Llc

Purchase Details

Closed on
Oct 1, 2019
Sold by
Precept Credit Opportunities Fund Lp
Bought by
Pcof Properties Llc

Purchase Details

Closed on
Mar 19, 2004
Sold by
Wells Fargo Bank - Mn
Bought by
Wilson Terroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.64%
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
More Than Hope Consultants Llc $107,000 Bayou Title Inc
Pcof Properties Llc -- None Available
Pcof Properties Llc -- None Available
Wilson Terroll $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open More Than Hope Consultants Llc $325,000
Previous Owner Wilson Terroll $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2024 09/17/24 Sold -- -- --
07/17/2024 07/17/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $345,000 -1.1% $123 / Sq Ft
05/23/2024 05/23/24 Price Changed $349,000 -6.9% $124 / Sq Ft
05/19/2024 05/19/24 Price Changed $375,000 +7.2% $134 / Sq Ft
04/23/2024 04/23/24 Price Changed $349,900 -6.7% $125 / Sq Ft
02/22/2024 02/22/24 For Sale $375,000 -- $134 / 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 $1,560 $11,820 $2,690 $9,130
2024 $1,584 $11,820 $2,690 $9,130
2023 $1,371 $10,090 $2,300 $7,790
2022 $1,371 $9,670 $2,300 $7,370
2021 $1,923 $13,260 $2,300 $10,960
2020 $1,942 $13,260 $2,300 $10,960
2019 $1,884 $12,450 $1,920 $10,530
2018 $1,922 $12,450 $1,920 $10,530
2017 $1,835 $12,450 $1,920 $10,530
2016 $2,015 $13,830 $1,920 $11,910
2015 $2,068 $13,830 $1,920 $11,910
2014 -- $13,830 $1,920 $11,910
2013 -- $13,830 $1,920 $11,910
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mike Strachan

    RE/MAX

    (504) 469-2238

    2 in this area

    20 Total Sales

    Mike Strachan
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Map

Source: ROAM MLS

MLS Number: 2434374

APN: 5-13-2-041-01

Louisiana Orleans Parish New Orleans 70114 McDonough

803 Red Allen Way, New Orleans, LA

This home is located at 803 Red Allen Way, New Orleans, LA 70114 since 16 February 2024 and is currently estimated at $303,193, approximately $107 per square foot. This property was built in 1922. 803 Red Allen Way is a home located in Orleans Parish with nearby schools including Martin Behrman Charter School Academy of Creative Arts and Sciences, McDonogh #32 Literacy Charter School, and Elan Academy Charter School.

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