NOT LISTED FOR SALE

8700 Spruce St New Orleans, LA 70118

Leonidas Neighborhood

Estimated Value: $137,000 - $207,000

2 Beds
2 Baths
1,100 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 03, 2020

Current estimated payment $1,064/month

25 Days on Market

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Property has 1 Level
  • Porch
  • Window Unit Heating System
  • 4-minute walk to Harrell Playground

About This Home

As of March 2020

Great investment opportunity in the Carrollton neighborhood; owner-occupy one side and rent out the other side. Build equity quickly! Rental income has potential to cover the majority of the mortgage based on current market data. The double is a corner lot with hard wood floors. Amazing location! A few blocks from the Carrollton/St. Charles streetcar line, walking distance to popular Oak Street, conveniently located, and surrounded by new neighborhood developments. Flood Zone X!

Last Agent to Sell the Property

Annie Palmer

McEnery Residential, LLC License #995702583 Listed on: 01/07/2020

McEnery Residential, LLC

Last Buyer's Agent

William King

Satsuma Real Estate LLC License #995688927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,967

Lot Details

  • 1,799 Sq Ft Lot
  • Lot Dimensions are 30 x 60
  • Corner Lot
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units
  • Not A Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot U
  • Assessor Parcel Number 701188700SpruceSTU

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,967

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0413
  • Lot Size: 30 X 60
  • Subdivision Name: Not a Subdivision
  • Directions: HEADING TOWARDS THE RIVER ON S. CARROLLTON AVE, TAKE A RIGHT ON SPRUCE ST
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 70
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1100.0

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Raised
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Repairs Cosmetic, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

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

Lot Info

  • Parcel #: 701188700SpruceSTU
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: U

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 3, 2020
Sold by
Danmarais Properties Llc
Bought by
Anglin Clarence Johnny
Seller's Agent
Annie Palmer
McEnery Residential, LLC
Buyer's Agent
William King
Satsuma Real Estate LLC
List Price
$135,000
Current Estimated Value
$165,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$111,200
Outstanding Balance
$99,087
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$66,350

Purchase Details

Closed on
Oct 30, 2013
Sold by
R & J Land Management Llc
Bought by
Harquin Llc

Purchase Details

Closed on
Oct 3, 2013
Sold by
R & J Land Management Llc
Bought by
Harquin Llc

Purchase Details

Closed on
Aug 23, 2007
Sold by
Spruce 8700 Llc
Bought by
R And J Land Management Llc and Harquin Llc,

Purchase Details

Closed on
Dec 28, 2006
Sold by
Asley Rosemary B
Bought by
Spruce 8700 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
12%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Anglin Clarence Johnny $139,000 Best Title Resource Llc
Harquin Llc -- --
Harquin Llc -- --
R And J Land Management Llc $118,000 --
Spruce 8700 Llc $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anglin Clarence Johnny $111,200
Previous Owner Spruce 8700 Llc $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold -- -- --
02/02/2020 02/02/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $135,000 -- $123 / 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 $1,967 $14,900 $1,800 $13,100
2024 $1,996 $14,900 $1,800 $13,100
2023 $1,717 $12,790 $1,080 $11,710
2022 $1,717 $12,200 $1,080 $11,120
2021 $1,841 $12,790 $1,080 $11,710
2020 $1,859 $12,790 $1,080 $11,710
2019 $1,604 $10,620 $540 $10,080
2018 $1,636 $10,620 $540 $10,080
2017 $1,562 $10,620 $540 $10,080
2016 $1,612 $10,620 $540 $10,080
2015 $1,579 $10,620 $540 $10,080
2014 -- $11,850 $540 $11,310
2013 -- $11,850 $540 $11,310
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Annie Palmer

    McEnery Residential, LLC

    (504) 715-7307

    5 in this area

    29 Total Sales

    Annie Palmer
    Section Image
  • William King

    Buyer's Agent in 2020

    William King

    Satsuma Real Estate LLC

    (504) 345-9737

    1 in this area

    77 Total Sales

    William King
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2236426

APN: 7-16-3-027-12

Louisiana Orleans Parish New Orleans 70118 Leonidas

8700 Spruce St, New Orleans, LA

This home is located at 8700 Spruce St, New Orleans, LA 70118 since 07 January 2020 and is currently estimated at $165,437, approximately $150 per square foot. 8700 Spruce St is a home located in Orleans Parish with nearby schools including Kipp Believe College Prep (Phillips), Esperanza Charter Middle School, and Warren Easton Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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