A
Seller's Agent in 2024
Amanda Lewis
Axis Realty Group LLC
3 in this area
59 Total Sales
114 N Arnoult Rd Metairie, LA 70001
Metairie Terrace NeighborhoodEstimated Value: $328,000 - $443,000
--
Bed
5
Baths
3,569
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Corner Lot
- Property is in very good condition
- Metairie Academy For Advanced Studies Rated A-
- Central Heating and Cooling System
About This Home
As of June 2024** PRICED TO SELL!** Income producing fourplex on large lot with single family cottage at front in Metairie one block from Airline Hwy! This fourplex includes three studio apartments with 1 bath, and a second floor 2 bedroom, 1 bath apartment, while the single family home at front includes 2 bedrooms and 1 bath and is currently rented for $1,100/month on a month-to-month lease. Both are fully occupied with a total rental income of $5,370/month. 2 bedroom unit and single family home have central air and heat while the remaining units have window units. All studio apartments recently renovated with new electrical, countertops, and kitchen cabinets. New sheetrock in the single family cottage, and new roofs on the fourplex building and single family home and a new paint job on the fourplex. Live in one unit of your choice and lease the rest to cover your mortgage, or add this property to your investment portfolio! Preferred flood zone X= Low insurance premium!
Last Agent to Sell the Property
Axis Realty Group LLC License #NOM:995697313 Listed on: 05/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $387
Year Built
- Built in 2023
Lot Details
- Lot Dimensions are 37 x 120
- Corner Lot
- Property is in very good condition
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Vinyl Siding
- Masonite
Interior Spaces
- 3,569 Sq Ft Home
- Property has 2 Levels
Location
- Outside City Limits
Utilities
- Central Heating and Cooling System
- Window Unit Cooling System
- Window Unit Heating System
- Internet Available
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 0820000369
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2024
Closed on
Jun 5, 2024
Sold by
Quality Housing Llc
Bought by
Felman Serge
Seller's Agent
Amanda Lewis
Axis Realty Group LLC
Buyer's Agent
Luis Ramos
Gulf South International, REALTORS, LLC
List Price
$459,000
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.49%
Purchase Details
Closed on
Sep 20, 2019
Sold by
Alessi Frank L and Alessi Steven P
Bought by
Quality Housing Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,517,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Felman Serge | $420,000 | None Listed On Document | |
| Quality Housing Llc | $242,000 | Title Stream Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Quality Housing Llc | $1,517,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | -- | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $459,000 | -- | $129 / Sq Ft |
Source: Gulf South Real Estate Information Network
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $387 | $23,780 | $5,130 | $18,650 |
| 2023 | $3,024 | $22,990 | $4,110 | $18,880 |
| 2022 | $2,945 | $22,990 | $4,110 | $18,880 |
| 2021 | $2,736 | $22,990 | $4,110 | $18,880 |
| 2020 | $2,716 | $22,990 | $4,110 | $18,880 |
| 2019 | $1,953 | $16,080 | $4,110 | $11,970 |
| 2018 | $1,823 | $16,080 | $4,110 | $11,970 |
| 2017 | $1,823 | $16,080 | $4,110 | $11,970 |
| 2016 | $1,788 | $16,080 | $4,110 | $11,970 |
| 2015 | $1,805 | $16,050 | $3,290 | $12,760 |
| 2014 | $1,805 | $16,050 | $3,290 | $12,760 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Lewis
-
Luis Ramos
Buyer's Agent in 2024
Luis Ramos
Gulf South International, REALTORS, LLC
(504) 400-9899
3 in this area
259 Total Sales
Map
Source: Gulf South Real Estate Information Network
MLS Number: 2446875
APN: 0820000369
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