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721 South Salcedo Street

721 South Salcedo Street, New Orleans, LA 70119
Commercial in Mid-City
1 Units For Sale
Unit for sale at 721 S SALCEDO Street, New Orleans, LA 70119

$345,000

  • Studio
  • 1,744 ft²
721 S SALCEDO Street, New Orleans, LA 70119 Listing by Jacob Martinolich

Local assessors in New Orleans, LA have categorized 721 South Salcedo Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 3,060 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 721 South Salcedo Street has a total of 1,830 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 721 South Salcedo Street sold most recently in Dec 15, 2021 for a total of $285,000. If you work out the math, that's approximately a cost of $155.74 per sqft. Before that, the property was also sold for $252,500 in Jan 19, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,058 in taxes each year. 721 South Salcedo Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,730. If we break it down further, the land itself was valued at $2,750. Improvements to the property, however, were assessed at a total of $19,980. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221114
11/14/2022
Studio
-
1744 ft²
$430,000
bedrooms
Studio
bathrooms
-
square feet
1744 ft²
-
-
-
Jacob Martinolich
Exp Realty
20211004
10/04/2021
Loft
-
1744 ft²
$299,000
bedrooms
Loft
bathrooms
-
square feet
1744 ft²
-
-
-
Aaron Dare
Crane Real Estate Brokers

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,060
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.07
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • Legal Description 1: SQ 651 LOT 23 30X102 SOUTH SALCEDO 721-23 SO SALCEDO

Ownership

  • Current Owner : KAIN ANTHONY J
  • Current Owner 2: PONTHIER NEIL
  • Previous Owner : VANDE KROL GERALYN L MOBLEY
  • Previous Owner 2: VANDE VAN DE
  • Owner Before Previous Owner: ANTHONY PIITRE RYAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Orleans Parish School District
  • Census Tract: 007101

Geography

  • District: 1-4 WARD
  • Parcel: 104106822
  • Block: 651
  • Lot: 23
  • Municipality: DISTRICT 1
  • Latitude: 29.9625
  • Longitude: -90.0968

    Address

  • Full Address: 721 S Salcedo St
  • Address - House Number: 721
  • Street Direction: S
  • Address - Street Name: Salcedo
  • Address - Suffix Type: St
  • State: LA
  • City Name: New Orleans
  • Carrier Code: C010
  • 4-Digit Zip Code: 7256
  • Zip Code: 70119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,058

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 354,456
  • High Value: 395,826
  • Low Value: 313,087

    Market Valuation

  • Market Total Value: $227,300
  • Market Land Value: $27,500
  • Market Improvement Value: $199,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,730
  • Assessed Land Value: $2,750
  • Assessed Improvements Value: $19,980

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Transaction ID: 11875826395
  • Current Sale Price: $285,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 202151693
  • Previous Sale Recording Date: Jan 23, 2018
  • Previous Sale Contract Date: Jan 19, 2018
  • Previous Sale Amount: $252,500
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE DYNAMICS
  • First Mortgage Transaction Date: Dec 16, 2021
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mid-City



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Frequently Asked Questions

What neighborhood is 721 South Salcedo Street located in?
The 721 South Salcedo Street is a commercial located in the neighborhood of Mid-City in Mid-City, New Orleans.
How many listings are currently for sale in 721 South Salcedo Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 721 South Salcedo Street?
The average sales price for units in 721 South Salcedo Street is $345,000 , or $198/sqft. currently.

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