NOT LISTED FOR SALE

2116 Valmont St New Orleans, LA 70115

Uptown Neighborhood

Estimated Value: $444,000 - $535,144

5 Beds
3 Baths
2,020 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 29, 2018

Current estimated payment $3,196/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 1 Level
  • Porch
  • Coin Laundry
  • 1-minute walk to Evans Playground

About This Home

As of November 2018

Great investment opportunity in prime Uptown location! 3 units, never vacant! Walking distance to St Charles Ave streetcar and Freret St corridor with shops, bars and restaurants. Front building has 2 shotgun style units, each with 2 bedrooms, living room, office/dining room, kitchen and full bath. Rent for $1150/month each. Rear unit is 1 bed, 1 bath and rents for $650/month. See floor plan in photos. 3 electric meters. Coin operated laundry on site. X flood zone!

Last Agent to Sell the Property

Lauren Smith

REVE, REALTORS License #995686736 Listed on: 09/19/2018

REVE, REALTORS

Last Buyer's Agent

Kari ayala

New Orleans Property Services, LLC License #099563466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,472

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 30x125
  • Irregular Lot
  • Property is in average condition

Home Design

  • Triplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,020 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 701152116-18ValmontST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,472

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 30x125
  • Directions: N om Jefferson Right on S Liberty, Left on Valmont
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 85
  • Year Built: 1933
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1933

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2020.0

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

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

Lot Info

  • Parcel #: 701152116-18ValmontST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
Demers Kelly M and Mclaughlin Daniel L
Bought by
Kelly M Demers Revocable Trust Revocable
Current Estimated Value
$502,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$212,166
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$290,620

Purchase Details

Listed on
Sep 19, 2018
Closed on
Nov 29, 2018
Sold by
Skaer Matthew Russell
Bought by
Demers Kelly M
Seller's Agent
Lauren Smith
REVE, REALTORS
Buyer's Agent
Kari ayala
New Orleans Property Services, LLC
List Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$233,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Oct 31, 2013
Sold by
Lagos Cynthia
Bought by
Skaer Matthew R
Buyer's Agent
Gregory Jeanfreau
LATTER & BLUM (LATT09)
List Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$149,250
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Renola Equity Fund Iii Ll
Bought by
Weilbaecher John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
Bk Of New York Tr Co Na S
Bought by
Renola Equity Fund Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 18, 2007
Sold by
Brnette Roger
Bought by
Jpmorgan Chase Bank
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
Kelly M Demers Revocable Trust Revocable -- None Available
Demers Kelly M $311,735 Quality Title Services Llc
Skaer Matthew R $199,000 --
Weilbaecher John G $135,000 --
Renola Equity Fund Iii Llc $85,000 --
Jpmorgan Chase Bank $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly M Demers Revocable Trust Revocable $238,000
Previous Owner Demers Kelly M $233,800
Previous Owner Skaer Matthew R $149,250
Previous Owner Weilbaecher John Gagnet $171,000
Previous Owner Weilbaecher John Gagnet $165,000
Previous Owner Renola Equity Fund Iii Llc $2,000,000
Previous Owner Renola Equity Fund Iii Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold -- -- --
10/30/2018 10/30/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $335,000 +68.3% $166 / Sq Ft
10/31/2013 10/31/13 Sold -- -- --
10/01/2013 10/01/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $199,000 -- $96 / 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 $5,472 $41,460 $13,280 $28,180
2024 $5,555 $41,460 $13,280 $28,180
2023 $4,458 $33,010 $6,450 $26,560
2022 $4,458 $31,680 $6,450 $25,230
2021 $4,752 $33,010 $6,450 $26,560
2020 $3,576 $24,600 $6,450 $18,150
2019 $3,717 $24,600 $6,450 $18,150
2018 $3,790 $24,600 $6,450 $18,150
2017 $3,619 $24,600 $6,450 $18,150
2016 $3,020 $19,900 $3,800 $16,100
2015 $2,959 $19,900 $3,800 $16,100
2014 -- $15,000 $3,800 $11,200
2013 -- $13,510 $3,800 $9,710
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lauren Smith

    REVE, REALTORS

    Section Image
  • Kari ayala

    Buyer's Agent in 2018

    Kari ayala

    New Orleans Property Services, LLC

    (504) 473-5969

    6 in this area

    159 Total Sales

    Kari ayala
    Section Image
  • Gregory Jeanfreau

    Buyer's Agent in 2013

    Gregory Jeanfreau

    LATTER & BLUM (LATT09)

    (504) 569-9312

    3 in this area

    65 Total Sales

    Gregory Jeanfreau
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2173859

APN: 6-14-3-237-20

Louisiana Orleans Parish New Orleans 70115 Uptown

2116 Valmont St, New Orleans, LA

This home is located at 2116 Valmont St, New Orleans, LA 70115 since 19 September 2018 and is currently estimated at $502,786, approximately $248 per square foot. This property was built in 1933. 2116 Valmont St is a home located in Orleans Parish with nearby schools including Samuel J. Green Charter School, The Willow School New Orleans, and New Orleans Charter Science & Mathematics High School.

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