L
Seller's Agent in 2024
Luis Espinel
Southern Luxury Realty
(504) 723-0939
1 in this area
32 Total Sales
1316 N Causeway Blvd Metairie, LA 70001
New Metairie NeighborhoodEstimated Value: $560,938 - $776,000
0.25
Acre
$2,673,876
Price per Acre
10,890
Sq Ft Lot
About This Lot
As of April 2024RARE OPPORTUNITY! Highly visible commercial corner lot located at the intersection of North Causeway and 46th Street. Zoned C-1 Neighborhood Commercial which allows for a large range of business possibilities. This area features mixed retail and office commercial space with abutting residential areas. The sale price includes architectural plans for a 3,000 sf building with parking. This lot was formerly the site of the Causeway True Value Hardware store which operated in that corner for decades. The property measures approximately 11,712 square feet of cleared land. The traffic counts for North Causeway are approximately 30,000 vehicles per day. Great location, great zoning and plenty of visibility make this lot a great investment opportunity.
Last Agent to Sell the Property
Southern Luxury Realty License #NOM:995701604 Listed on: 03/21/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,574
Lot Details
- 0.25 Acre Lot
- Corner Lot
- Subdivision Possible
- Property is zoned C-1
Additional Features
- Outside City Limits
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 0820028380
- Tax Block 94
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
Apr 12, 2024
Sold by
Elk Property Holdings Llc
Bought by
1316 N Causeway Llc
Seller's Agent
Luis Espinel
Southern Luxury Realty
Buyer's Agent
Olivia Price
United Real Estate Partners LLC
List Price
$850,000
Views
18
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
-5.92%
Purchase Details
Closed on
Apr 23, 2021
Sold by
Causeway Corp
Bought by
Elk Property Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.05%
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 |
|---|---|---|---|
| 1316 N Causeway Llc | -- | None Listed On Document | |
| Elk Property Holdings Llc | $550,000 | Crescent Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Elk Property Holdings Llc | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | -- | -- | -- |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | For Sale | $850,000 | -- | $73 / 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 | $4,574 | $52,250 | $52,250 | $0 |
| 2023 | $6,873 | $52,250 | $52,250 | $0 |
| 2022 | $6,694 | $52,250 | $52,250 | $0 |
| 2021 | $6,217 | $52,250 | $52,250 | $0 |
| 2020 | $2,948 | $24,950 | $24,950 | $0 |
| 2019 | $2,807 | $23,110 | $23,110 | $0 |
| 2018 | $2,621 | $23,110 | $23,110 | $0 |
| 2017 | $2,621 | $23,110 | $23,110 | $0 |
| 2016 | $6,570 | $59,080 | $23,110 | $35,970 |
| 2015 | $6,467 | $57,490 | $23,110 | $34,380 |
| 2014 | $6,467 | $57,490 | $23,110 | $34,380 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Olivia Price
United Real Estate Partners LLC
(504) 343-4486
1 in this area
52 Total Sales
Map
Source: Gulf South Real Estate Information Network
MLS Number: 2439990
APN: 0820028380
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