Last list price
8422 Palm St New Orleans, LA 70118
Hollygrove Neighborhood
3
Beds
2
Baths
1,447
Sq Ft
6,011
Sq Ft Lot
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Rectangular Lot
- Porch
- Property is in very good condition
- Fenced
About This Home
As of August 2022Money, Money, Money! This RENOVATED Double is a real "Cash Cow" w/$1,870 in TOTAL monthly income! Each unit has Central Air & Heat, NEW laminate flooring, ceramic tiled kitchens & baths, private interior laundry rooms & double payne energy efficient windows. Building is ALL BRICK & LOW MAINTENANCE! Just collect the rental income (Section 8~direct deposited into owner/lessor account each month). BOTH tenants have been LONG TERM: 5 years & 7 years.
Last Agent to Sell the Property
Keller Williams Realty New Orleans License #000009641 Listed on: 02/08/2013
Last Buyer's Agent
Keller Williams Realty New Orleans License #000009641 Listed on: 02/08/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $484
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 60 x 100
- Fenced
- Rectangular Lot
- Property is in very good condition
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,447 Sq Ft Home
- Property has 1 Level
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Additional Features
- Porch
- City Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot C
- Assessor Parcel Number 701188422PALMSTC
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Aug 25, 2022
Sold by
Elizabeth Griggs Mary and Elizabeth Edward John
Bought by
Ferguson Demond Terrell
Seller's Agent
Chris Smith
Keller Williams Realty New Orleans
Buyer's Agent
TRAISHA TEMPLE
Temple Realty
List Price
$249,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%
Original Mortgage
$218,000
Outstanding Balance
$208,979
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$5,694
Purchase Details
Listed on
Feb 8, 2013
Closed on
Oct 2, 2013
Sold by
E And T Morris Enterprises Llc
Bought by
Griggs John E
Seller's Agent
Chris Smith
Keller Williams Realty New Orleans
Buyer's Agent
Chris Smith
Keller Williams Realty New Orleans
List Price
$140,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$100,500
Interest Rate
4.62%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $218,000 | Select Title | |
| Warranty Deed | $134,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $218,000 | New Conventional | |
| Previous Owner | $100,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | -- | -- | -- |
| 07/18/2022 07/18/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $249,000 | +77.9% | $164 / Sq Ft |
| 10/02/2013 10/02/13 | Sold | -- | -- | -- |
| 09/02/2013 09/02/13 | Pending | -- | -- | -- |
| 02/08/2013 02/08/13 | For Sale | $140,000 | -- | $97 / Sq Ft |
Source: ROAM MLS
Tax History Compared to Growth
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 | $484 | $18,380 | $1,500 | $16,880 |
| 2024 | $1,706 | $18,380 | $1,500 | $16,880 |
| 2023 | $1,461 | $10,850 | $1,500 | $9,350 |
| 2022 | $1,461 | $10,380 | $1,500 | $8,880 |
| 2021 | $1,562 | $10,850 | $1,500 | $9,350 |
| 2020 | $1,753 | $12,060 | $1,500 | $10,560 |
| 2019 | $1,822 | $12,060 | $1,500 | $10,560 |
| 2018 | $1,858 | $12,060 | $1,500 | $10,560 |
| 2017 | $1,774 | $12,060 | $1,500 | $10,560 |
| 2016 | $1,830 | $12,060 | $1,500 | $10,560 |
| 2015 | $1,992 | $13,400 | $1,500 | $11,900 |
| 2014 | -- | $11,200 | $1,500 | $9,700 |
| 2013 | -- | $7,300 | $1,500 | $5,800 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Smith
Seller's Agent in 2022
Chris Smith
Keller Williams Realty New Orleans
(504) 231-2004
8 in this area
645 Total Sales
-
TRAISHA TEMPLE
Buyer's Agent in 2022
TRAISHA TEMPLE
Temple Realty
1 in this area
21 Total Sales
Map
Source: ROAM MLS
MLS Number: 941063
APN: 7-16-4-208-03
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