NOT LISTED FOR SALE

930 Melpomene St New Orleans, LA 70130

Lower Garden District Neighborhood

Estimated Value: $642,000 - $806,000

4 Beds
4 Baths
2,443 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 07, 2021

Current estimated payment $4,612/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Property is in excellent condition
  • 5-minute walk to Coliseum Square
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of June 2021

In the heart of the Lower Garden District, this well-maintained 2-unit building has a 2BR/2BA upstairs as well as a 1BR/1BA apartment downstairs with a separated (private entrance) 1BR/1BA suite style room that is just perfect to operate as a low-impact short term rental (4BR/4BA total). Suite could be re-incorporated to make ground floor unit 2BR/2BA again. Potential for cost neutral occupancy (see flyer for pro-forma details). In unit laundry, gated parking (1 small car), and huge rear yard.

Last Agent to Sell the Property

Scott Weston

The McEnery Company License #995684661 Listed on: 03/20/2021

The McEnery Company

Last Buyer's Agent

JASON GALE

Redfin Corporation License #995699265

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • Lot Dimensions are 27 x 159
  • Rectangular Lot
  • Property is in excellent condition

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Asphalt Shingled Roof
  • HardiePlank Type

Interior Spaces

  • 2,443 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 70130930-930AMelpomeneST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,756

Year Built

Built in 2014 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 27 x 159
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 10
  • Year Built: 2014
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2443.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: HardiPlank Type
  • Foundation Details: Raised
  • Property Condition: Excellent, Repairs Cosmetic, Updated/Remodeled
  • Roof: Asphalt

Garage/Parking

  • Parking Features: One Space

Utilities

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

Lot Info

  • Parcel #: 70130930-930AMelpomeneST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jun 7, 2021
Sold by
Yancey Stephen Richard
Bought by
Thurling Spencer Tim and Thurling Trevor Jay
Seller's Agent
Scott Weston
The McEnery Company
Buyer's Agent
JASON GALE
Redfin Corporation
List Price
$769,000
Sold Price
$729,000
Premium/Discount to List
-$40,000
-5.2%
Current Estimated Value
$718,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,905
Avg. Annual Appreciation
-0.37%
Original Mortgage
$619,650
Outstanding Balance
$567,089
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$151,006

Purchase Details

Listed on
Oct 9, 2017
Closed on
Nov 15, 2017
Sold by
930 Melpomene Llc A Louisiana Limited Li
Bought by
Yancey Stephen Richard
Seller's Agent
Cody Stringer
REVE, REALTORS
Buyer's Agent
Scott Weston
The McEnery Company
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$428,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Roark Renovations Llc
Bought by
930 Melpomene Llc

Purchase Details

Closed on
Apr 5, 2012
Sold by
Allemere Iv Llc
Bought by
Next Level Prop Llc

Purchase Details

Closed on
Jun 6, 2002
Sold by
Red Rouge Inc
Bought by
Allemere Iv Llc
Source: Public Records

Range of Values:

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Average Value
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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
Thurling Spencer Tim $729,000 Bayou Title Inc
Yancey Stephen Richard $535,000 Winters Title Agency Inc
930 Melpomene Llc $449,000 --
Next Level Prop Llc $25,000 --
Allemere Iv Llc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurling Spencer Tim $619,650
Previous Owner Yancey Richard $45,000
Previous Owner Yancey Stephen Richard $428,000
Previous Owner Roark Renovations Llc $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold -- -- --
05/08/2021 05/08/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $769,000 +41.1% $315 / Sq Ft
11/15/2017 11/15/17 Sold -- -- --
10/13/2017 10/13/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $545,000 -- $223 / 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 $7,756 $65,610 $9,060 $56,550
2024 $7,873 $65,610 $9,060 $56,550
2023 $8,002 $65,400 $8,630 $56,770
2022 $8,002 $63,680 $8,630 $55,050
2021 $5,949 $48,150 $8,630 $39,520
2020 $7,000 $48,150 $8,630 $39,520
2019 $6,783 $44,900 $8,630 $36,270
2018 $6,918 $44,900 $8,630 $36,270
2017 $6,606 $44,900 $8,630 $36,270
2016 $6,815 $44,900 $8,630 $36,270
2015 $1,432 $9,630 $8,630 $1,000
2014 -- $9,630 $8,630 $1,000
2013 -- $9,630 $8,630 $1,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Weston

    Seller's Agent in 2021

    Scott Weston

    The McEnery Company

    (504) 274-2701

    2 in this area

    27 Total Sales

    Scott Weston
    Section Image

  • J

    Buyer's Agent in 2021

    JASON GALE

    Redfin Corporation

    Section Image
  • Cody Stringer

    Seller's Agent in 2017

    Cody Stringer

    REVE, REALTORS

    (504) 655-5577

    5 in this area

    143 Total Sales

    Cody Stringer
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2292009

APN: 1-01-1-037-27

Louisiana Orleans Parish New Orleans 70130 Lower Garden District

930 Melpomene St, New Orleans, LA

This home is located at 930 Melpomene St, New Orleans, LA 70130 since 20 March 2021 and is currently estimated at $718,095, approximately $293 per square foot. This property was built in 2014. 930 Melpomene St is a home located in Orleans Parish with nearby schools including ReNEW Laurel Academy, International School of Louisiana - Uptown Campus, and The NET Charter High School.

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