NOT LISTED FOR SALE

1331 Lake Ave Metairie, LA 70005

Bonnabel Place Neighborhood

Estimated Value: $711,000

16 Beds
14 Baths
8,363 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 30, 2012

Current estimated payment $4,013/month

241 Days on Market

Highlights

  • Balcony
  • Oversized Lot
  • Central Heating and Cooling System
  • Metairie Academy For Advanced Studies Rated A-
  • Window Unit Cooling System
  • Coin Laundry

About This Home

As of May 2012

NO SIGN ON PROPERTY THIS 14 UNIT COMPLEX HAS 9 ONE BDRM 1 BA UNITS, TWO 2 BDRM 1 BA UNITS AND 3 FULLY FURNISHED EFFICIENCES @$425 PER MO TOTAL MO RENT PRESENTLY IS $7380 W/SOME PROPOSED INCREASES LOCATED IN PRIME METAIRIE SELLER PAYS WATER AND GAS. COIN OPERATED LAUNDRY HAS MO. INCOME OF APPROX. $250 REFRIGERATORS AND GAS STOVES ARE OWNER'S 11 UNITS HAVE CENTRAL AIR/HEAT THE 3 EFFICIENCES AHAVE MULTI PURPOSE WINDOW UNITS

Last Agent to Sell the Property

Mary Ellen Buccola

RE/MAX Living Listed on: 09/01/2011

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,033

Lot Details

  • Lot Dimensions are 90x120
  • Oversized Lot
  • Property is in average condition

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 8,363 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Full Bathrooms

Parking

  • Driveway
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • Balcony
  • City Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Tax Lot 7,8,9
  • Assessor Parcel Number 700051331LAKEAV7,8,9

Community Details

Overview

  • 8 Units
  • Built by V.E. BABIN
  • Metairieville Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,033

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 90X120
  • Subdivision Name: METAIRIEVILLE
  • Directions: VETERANS TO LAKE AV
  • Architectural Style: Ranch
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 45
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Gas, Water
  • Full Bathrooms: 14
  • Total Bedrooms: 16
  • Living Area: 8363.0

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Home Warranty: No
  • Builder Name: V.E. BABIN
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Parking Lot

Utilities

  • Laundry Features: Coin-operated
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700051331LAKEAV7,8,9
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 7,8,9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2011
Closed on
May 30, 2012
Sold by
Babin Alice R G
Bought by
Napoleon Apartments Llc
Seller's Agent
Mary Ellen Buccola
RE/MAX Living
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$725,000
Current Estimated Value
$711,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,000,000
Interest Rate
3.93%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Napoleon Apartments Llc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Avenue Suites Llc $930,000
Open Napoleon Apartments Llc $1,518,750
Closed Napoleon Apartments Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold -- -- --
04/30/2012 04/30/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $725,000 -- $87 / Sq Ft
Source: ROAM MLS

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 $1,033 $72,160 $11,200 $60,960
2023 $9,111 $69,260 $11,200 $58,060
2022 $8,873 $69,260 $11,200 $58,060
2021 $8,241 $69,260 $11,200 $58,060
2020 $8,182 $69,260 $11,200 $58,060
2019 $8,076 $66,500 $11,200 $55,300
2018 $7,541 $66,500 $11,200 $55,300
2017 $7,541 $66,500 $11,200 $55,300
2016 $7,395 $66,500 $11,200 $55,300
2015 $5,905 $66,500 $11,200 $55,300
2014 $5,905 $66,500 $11,200 $55,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Ellen Buccola

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2012

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 888243

APN: 0820001317

Louisiana Jefferson Parish Metairie 70005 Bonnabel Place

1331 Lake Ave, Metairie, LA

This home is located at 1331 Lake Ave, Metairie, LA 70005 since 01 September 2011 and is currently estimated at $711,000, approximately $85 per square foot. 1331 Lake Ave is a home located in Jefferson Parish with nearby schools including Marie B. Riviere Elementary School, Metairie Academy For Advanced Studies, and J.D. Meisler Middle School.

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