NOT LISTED FOR SALE

The Lake Condominiums 1161 Lake Ave Unit 324 Metairie, LA 70005

Bonnabel Place Neighborhood

Estimated Value: $115,662 - $137,000

2 Beds
1 Bath
852 Sq Ft
1,220 Sq Ft Lot

Last Sold June 21, 2024

Current estimated payment $720/month

109 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Stainless Steel Appliances
  • Metairie Academy For Advanced Studies Rated A-
  • Community Pool
  • Balcony

About This Home

As of June 2024

Pristine, renovated condo in desirable Metairie location! This beauty is flooded with natural light, has ample closet space, in-unit washer and dryer hookups, BRAND NEW HVAC and HOT WATER HEATER! Quiet complex with gated entrance, security cameras and 2 parking spaces included. Enjoy sunny days at the pool and conveniently located down the street from shops, restaurants and I-10! This property would make a great investment (previously rented for $1,600/month) or would be a wonderful low maintenance owner-occupied residence. Schedule a private tour today!

Last Agent to Sell the Property

Stacie Carubba

Crescent Sotheby's International License #NOM:995706342 Listed on: 02/01/2024

Last Buyer's Agent

Gary Ogle

Sound Realty LLC License #NOM:995704834

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Fenced
  • Property is in excellent condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 852 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Exterior Cameras

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Internet Available

Additional Features

  • No Carpet
  • Balcony
  • Outside City Limits

Listing and Financial Details

  • Water Fees Included
  • Assessor Parcel Number 700051161LAKEAV324

Community Details

Overview

  • 86 Units
  • On-Site Maintenance

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Condominium
  • Style: Traditional
  • Condition: Excellent
  • ADA Features: No
  • Additional Features: Cathedral Ceilings, Ceiling Fan, No Carpet, Stainless Steel Appliances
  • Lp Amt Sq Ft: 158.45
  • Measurmnt Apprx Not Guaranteed: Yes
  • Special Assessments: No
  • Building Stories: 3.00000
  • Stories In Building: 3.0000
  • Total Area: 852
  • Unit Level: 3
  • Year Renovated: 1975
  • Age: 50
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1975

Interior Features

  • Fireplace: None
  • Appliance Include: Dishwasher, Microwave, Refrigerator, Range/Oven
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Estimated Living Area: 852
  • Total Bathrooms: 1.00
  • Total Sq Ft: 852

Exterior Features

  • Pool Type: Community
  • Exterior: Brick, Siding
  • ExteriorFeatures: Balcony, Fence, Security Cameras
  • Exterior Ins: Yes
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Available Parking Y N: Yes
  • Car Storage: Two, Lot, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: One, Central
  • Electric Fee Included: No
  • Electricity Provided By: Entergy
  • Gas Fee Included: No
  • Gas Type: None
  • Heating: One, Central
  • Security: None
  • Sewer Type: City
  • Water Fee Included: Yes
  • Water Type: Public

Association/Amenities

  • Clubhouse: No
  • Common Area Maintenance: Yes
  • Tennis Courts: No
  • Termite Contract: Yes

Condo/Co-op/Association

  • Home Owner Fee: No
  • Pet Restrictions: Yes
  • Pets Allowed: None

Lot Info

  • Elevation Certificate: No
  • Lot Description: Condo
  • Lot Size: CND
  • Parcel #: 700051161LAKEAV324

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Unit Count: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jun 21, 2024
Sold by
1161 Lake Avenue #324 Llc
Bought by
Borne Jeffrey B
Seller's Agent
Stacie Carubba
Crescent Sotheby's International
Buyer's Agent
Gary Ogle
Sound Realty LLC
List Price
$135,000
Views
471
Current Estimated Value
$128,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%
Original Mortgage
$95,000
Outstanding Balance
$93,703
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$35,213

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 7, 2022
Sold by
Elizabeth Carubba Stacie
Bought by
1161 Lake Avenue #324 Llc
Seller's Agent
Stacie Carubba
Crescent Sotheby's International
Buyer's Agent
Stacie Carubba
Crescent Sotheby's International

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 14, 2022
Sold by
Leblanc Molly Ann and M.D Gerald F
Bought by
Carubba Stacie Elizabeth
Seller's Agent
NON MEMBER
NON-MLS MEMBER
Buyer's Agent
Stacie Carubba
Crescent Sotheby's International
List Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$90,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2017
Closed on
Jun 23, 2017
Sold by
Cortello Nicholas
Bought by
Leblanc Molly Ann and Leblanc Margaret A
Seller's Agent
Kelly Snyder
Century 21 J. Carter & Company
List Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$94,410
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2016
Closed on
Nov 14, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Cortello Nicholas
Buyer's Agent
Kelly Snyder
Century 21 J. Carter & Company
List Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
230.40%
Original Mortgage
$40,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 22, 2014
Sold by
Normand Sheriff Newell D and Bourgeois Cathy A
Bought by
Citimortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borne Jeffrey B $130,000 Bayou Title
1161 Lake Avenue #324 Llc -- Oak Title
Carubba Stacie Elizabeth $120,000 Quality Title
Leblanc Molly Ann $104,900 Quality Title Services Llc
Cortello Nicholas -- None Available
Citimortgage Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borne Jeffrey B $95,000
Previous Owner Carubba Stacie Elizabeth $90,000
Previous Owner Leblanc Molly Ann $94,410
Previous Owner Cortello Nicholas $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold -- -- --
02/01/2024 02/01/24 For Sale $135,000 0.0% $158 / Sq Ft
03/06/2023 03/06/23 Rented $1,500 0.0% --
02/23/2023 02/23/23 Price Changed $1,500 -6.3% $2 / Sq Ft
01/11/2023 01/11/23 Price Changed $1,600 -5.9% $2 / Sq Ft
11/17/2022 11/17/22 For Rent $1,700 +6.3% --
07/18/2022 07/18/22 Rented $1,600 -13.5% --
06/18/2022 06/18/22 Under Contract -- -- --
05/31/2022 05/31/22 For Rent $1,850 0.0% --
03/14/2022 03/14/22 Sold -- -- -- View Prior Sale
02/14/2022 02/14/22 For Sale $125,000 +13.7% $147 / Sq Ft
06/30/2017 06/30/17 Sold -- -- -- View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $109,900 +119.8% $122 / Sq Ft
11/14/2016 11/14/16 Sold -- -- -- View Prior Sale
10/15/2016 10/15/16 Pending -- -- --
08/27/2016 08/27/16 For Sale $50,000 -- $56 / Sq Ft
Source: Gulf South Real Estate Information Network

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
2024 $500 $9,960 $910 $9,050
2023 $1,310 $9,960 $910 $9,050
2022 $1,276 $9,960 $910 $9,050
2021 $1,185 $9,960 $910 $9,050
2020 $1,177 $9,960 $910 $9,050
2019 $1,210 $9,960 $910 $9,050
2018 $279 $9,960 $910 $9,050
2017 $704 $6,210 $910 $5,300
2016 $691 $6,210 $910 $5,300
2015 $698 $6,210 $730 $5,480
2014 $698 $6,210 $730 $5,480
Source: Public Records

Agents Affiliated with this Home

  • Stacie Carubba

    Seller's Agent in 2024

    Stacie Carubba

    Crescent Sotheby's International

    (504) 434-7653

    5 in this area

    148 Total Sales

    Stacie Carubba
    Section Image
  • Gary Ogle

    Buyer's Agent in 2024

    Gary Ogle

    Sound Realty LLC

    (504) 206-8580

    2 in this area

    167 Total Sales

    Gary Ogle
    Section Image

  • N

    Seller's Agent in 2022

    NON MEMBER

    NON-MLS MEMBER

  • K

    Seller's Agent in 2017

    Kelly Snyder

    Century 21 J. Carter & Company

    (504) 427-9421

    4 in this area

    66 Total Sales

    Kelly Snyder
    Section Image
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About The Lake Condominiums

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2431090

Gulf South Real Estate Information Network

APN: 0820006084

Louisiana Jefferson Parish Metairie 70005 Bonnabel Place

1161 Lake Ave Unit 324, Metairie, LA

Not Listed for Sale

Condos

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