Owner
$619,457
2330 VALMONT ST, NEW ORLEANS, LA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,612
property type
Single Family Residential
hoa
No
About
Residential
Average Condition
Living Area
2 Stories
Frame
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1925
Building Size
1,612 sq ft
Lot Size
2,964 sq ft
Lot Size (Acres)
0.07 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
614331609
County
Orleans Parish, Louisiana
Metro Area
New Orleans-Metairie, LA
Zoning
HU-RD2
Neighborhood/Subdivision
RICKERVILLE
Lot Number
B
School District
Orleans Parish School District
Legal Description
SQ 610 LOT B VALMONT 38X77/79 S-2 STY
Tax & Value Information
Market Value (Total)
$610,400
Building Value
$521,500
Land Value
$88,900
Annual Property Tax
$7,153
Tax Assessment Year
2025
Assessed Value
$61,040
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
11/28/2022
Recording Date
11/29/2022
Sales Document #
2022.45025
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$23,970
Return on Investment
15.60%
After Repair Value
$681,403
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$557,511
Renovation Cost
$30,973
Closing Costs (buying)
$11,150
Holding Costs
$16,914
Selling Costs
$40,884
Total Investment
$153,625
After Repair Value (ARV)
$681,403
Total Costs
$657,433
Estimated Profit
$23,970
Cash Invested
$142,475
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area