B
Seller's Agent in 2025
Brandy Dufrene
RE/MAX
(504) 330-2963
6 in this area
285 Total Sales
Last list price
130 Labarre Dr Metairie, LA 70001
Old Metairie Neighborhood
13
Beds
9
Baths
6,371
Sq Ft
10,019
Sq Ft Lot
Highlights
- Traditional Architecture
- Closed Circuit Camera
- Energy-Efficient Windows
- Metairie Academy For Advanced Studies Rated A-
- Central Heating and Cooling System
- Property is in very good condition
About This Home
As of April 2025Location, Location, Location! Discover a rare opportunity to own an 8-plex in the highly sought-after area of Old Metairie. Significant updates include a new roof installed in 2021, the replacement of underground plumbing, and new windows added in 2020. All units are separately metered for water and electricity, with tenants responsible for all utilities. This arrangement reduces overall costs and dramatically enhances the value of the asset. All units are rented below market value, allowing you to adjust rents and increase your overall return on investment. The seller is currently in the process of increasing rents for all units. This low-maintenance, low-turnover property is an excellent long-term asset for any investor's portfolio and a prime candidate for a condo conversion. Situated just a short walk from local attractions, dining, shopping, and entertainment, you can enjoy the benefits of city living while nestled in a neighborhood that balances activity with tranquility. A short walk from local attractions, dining, shopping, and entertainment options, you can enjoy the benefits of Old Metairie living while being nestled in a neighborhood that provides both activity and tranquility. With a designated lot for parking, residents will appreciate the ample parking space available.
Last Agent to Sell the Property
RE/MAX Affiliates License #000050993 Listed on: 01/29/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $1,800
Year Built
- Built in 1975
Lot Details
- Lot Dimensions are 100x85
- Rectangular Lot
- Property is in very good condition
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 6,371 Sq Ft Home
- Property has 2 Levels
- Closed Circuit Camera
Bedrooms and Bathrooms
- 13 Bedrooms
- 9 Full Bathrooms
Additional Features
- Energy-Efficient Windows
- City Lot
- Central Heating and Cooling System
Community Details
- 8 Units
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Tax Lot 13,15
- Assessor Parcel Number 0820036329
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Apr 17, 2025
Sold by
Rahman Zakary
Bought by
130 Labarre Llc
Seller's Agent
Brandy Dufrene
RE/MAX Affiliates
Buyer's Agent
Brandy Dufrene
RE/MAX Affiliates
List Price
$999,500
Views
46
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
-0.40%
Original Mortgage
$720,000
Outstanding Balance
$707,276
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$251,010
Purchase Details
Closed on
Aug 5, 2011
Sold by
Gary Alphonse Properties Llc
Bought by
Rahman Zakary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $960,000 | Title Source | |
| Warranty Deed | $450,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | -- | -- | -- |
| 03/17/2025 03/17/25 | Pending | -- | -- | -- |
| 01/29/2025 01/29/25 | For Sale | $999,500 | -- | $157 / Sq Ft |
Source: ROAM MLS
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 | $1,800 | $50,060 | $25,840 | $24,220 |
| 2023 | $6,262 | $47,600 | $20,680 | $26,920 |
| 2022 | $6,098 | $47,600 | $20,680 | $26,920 |
| 2021 | $5,664 | $47,600 | $20,680 | $26,920 |
| 2020 | $5,624 | $47,600 | $20,680 | $26,920 |
| 2019 | $5,409 | $44,540 | $20,680 | $23,860 |
| 2018 | $5,051 | $44,540 | $20,680 | $23,860 |
| 2017 | $5,051 | $44,540 | $20,680 | $23,860 |
| 2016 | $4,953 | $44,540 | $20,680 | $23,860 |
| 2015 | $5,062 | $45,000 | $18,240 | $26,760 |
| 2014 | $5,062 | $45,000 | $18,240 | $26,760 |
Source: Public Records
Agents Affiliated with this Home
-
Brandy Dufrene
Map
Source: ROAM MLS
MLS Number: 2484769
APN: 0820036329
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