NOT LISTED FOR SALE

9200 Forshey St New Orleans, LA 70118

Hollygrove Neighborhood

Estimated Value: $180,000 - $257,000

3 Beds
2 Baths
2,851 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 02, 2020

Current estimated payment $1,449/month

152 Days on Market

Highlights

  • Cottage
  • Fenced
  • 3-minute walk to Conrad Playground
  • Porch
  • Property has 1 Level

About This Home

As of October 2020

Investment triplex income-producing property with value add potential. Large double corner lot, brick exterior, raised, and in decent shape. It can produce immediate cash flows, with more potential if slightly renovated. Currently vacant for easy showings. Hardwood floors, private driveway for off-street parking, and unique architecture. This is an overall great investment property.

Last Agent to Sell the Property

Tim Keller

Servio Realty, Inc. License #NOM:995702760 Listed on: 02/12/2020

Last Buyer's Agent

DEMETRIA MILLER

Composite Realty Group, LLC License #NOM:995717734

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 60x120
  • Fenced
  • Property is in average condition

Home Design

  • Triplex
  • Cottage
  • Brick Exterior Construction
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,851 Sq Ft Home
  • Property has 1 Level
  • Window Screens

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Not Available
  • Internet Available

Additional Features

  • Energy-Efficient Insulation
  • Porch
  • Outside City Limits

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 701189200ForsheyST2

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 3 Plex
  • Style: Cottage
  • Condition: Avg
  • ADA Features: No
  • Legal Description: SQ 483 LOT 1 FORSHEY & MISTLETOE 30 X 120 LOT 2 9200 -9202 FORSHEY 30 X 120 TAX SALE 2002 2003
  • Lp Amt Sq Ft: 68.40
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 1950
  • Age: 70
  • Age Description: Resale
  • Age Description 2: Age Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Estimated Living Area: 2851
  • Total Sq Ft: 2851

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • ExteriorFeatures: Fence, Porch, Window Screens
  • Foundation: Raised
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Car Storage: Two, Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: None
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: None
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 60x120
  • Parcel #: 701189200ForsheyST2

Green Features

  • Energy Efficient Features: Insulation
  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Units: 3
  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Hatcher Jeffrey
Bought by
Jh Property Investments Llc
Current Estimated Value
$227,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$204,521
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$22,653

Purchase Details

Listed on
Feb 12, 2020
Closed on
Oct 2, 2020
Sold by
Hg Real Estate Llc
Bought by
Hatcher Jeffrey
Seller's Agent
Tim Keller
Servio Realty, Inc.
Buyer's Agent
DEMETRIA MILLER
Composite Realty Group, LLC
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$201,286
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2010
Sold by
Mny Llc
Bought by
Hg Real Estate 5 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jh Property Investments Llc -- Title Management Group
Jh Property Investments Llc -- Title Management Group
Hatcher Jeffrey $205,000 Title Management Group Inc
Hg Real Estate 5 Llc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jh Property Investments Llc $208,000
Closed Jh Property Investments Llc $208,000
Previous Owner Hatcher Jeffrey $201,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold -- -- --
07/13/2020 07/13/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $210,000 -- $74 / 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 $3,056 $23,150 $3,600 $19,550
2024 $3,102 $23,150 $3,600 $19,550
2023 $1,796 $20,500 $1,800 $18,700
2022 $1,796 $19,570 $1,800 $17,770
2021 $2,246 $15,600 $1,800 $13,800
2020 $698 $4,800 $1,800 $3,000
2019 $725 $4,800 $1,800 $3,000
2018 $740 $4,800 $1,800 $3,000
2017 $706 $4,800 $1,800 $3,000
2016 $729 $4,800 $1,800 $3,000
2015 $714 $4,800 $1,800 $3,000
2014 -- $4,800 $1,800 $3,000
2013 -- $2,940 $1,800 $1,140
Source: Public Records

Agents Affiliated with this Home

  • Tim Keller

    Seller's Agent in 2020

    Tim Keller

    Servio Realty, Inc.

    (985) 705-5306

    32 Total Sales

    Tim Keller
    Section Image

  • D

    Buyer's Agent in 2020

    DEMETRIA MILLER

    Composite Realty Group, LLC

    (504) 430-4490

    4 in this area

    140 Total Sales

    DEMETRIA MILLER
    Section Image
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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2241486

Gulf South Real Estate Information Network

APN: 7-16-4-055-01

Louisiana Orleans Parish New Orleans 70118 Hollygrove

9200 Forshey St, New Orleans, LA

Not Listed for Sale

MultiFamily

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