NOT LISTED FOR SALE

1357 N Causeway Blvd Mandeville, LA 70471

Estimated Value: $2,370,802

-- Bed
-- Bath
10,582 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 19, 2019

Current estimated payment $14,426/month

69 Days on Market

Highlights

  • 1 Acre Lot
  • Mandeville Elementary School Rated A-
  • Property has 1 Level

About This Home

As of August 2019

Investment property with 7 units ranging in size of 1037 SF to 2664 SF. 100% leased. Strong demographics and 60k cars per day. Good parking, in area of offices, shopping, boutiques and restaurants. High visibility on Causeway Blvd. with easy access. Owner will provide terms and copy of leases with an accepted LOI and confidentiality agreement signed.

Last Agent to Sell the Property

Brent Cordell

KPG Realty, LLC License #995690890 Listed on: 05/11/2019

Co-Listed By

Elizabeth Eustis

KPG Realty, LLC License #000042810

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 192x180
  • Zoning described as B2

Parking

  • Parking Lot

Interior Spaces

  • 10,582 Sq Ft Home
  • Property has 1 Level

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 704711357NCausewayBL

Property Details

Property Type

Other

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size Acres: 1.0
  • Lot Size: 192x180
  • Co List Office Mls Id: KELW01
  • Co List Office Phone: (985) 727-7000
  • Subdivision Name: Not a Subdivision
  • Directions: Located on East side of N Causeway Blvd. between Causeway and I-12.
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Retail
  • Year Built Details: 13
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 2006

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 704711357NCausewayBL
  • Zoning Description: B2
  • Zoning: B2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Lyric Realty & Parking Co
Bought by
Oasis Center 1 Lrp Llc
Current Estimated Value
$2,370,802

Purchase Details

Listed on
May 11, 2019
Closed on
Aug 19, 2019
Sold by
Brackley Properties No 3 Llc
Bought by
Lyric Realty & Parking Co Inc
Seller's Agent
Brent Cordell
KPG Realty, LLC
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$1,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$1,323,750
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2016
Sold by
Abbott Paul Oak Llc
Bought by
Brackley Properties 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.58%
Mortgage Type
Commercial
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
Oasis Center 1 Lrp Llc -- None Available
Lyric Realty & Parking Co Inc $1,765,000 None Available
Brackley Properties 3 Llc $1,470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyric Realty & Parking Co Inc $1,323,750
Previous Owner Brackley Properties 3 Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold -- -- --
07/20/2019 07/20/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $1,775,000 -- $168 / 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 $23,456 $141,604 $0 $141,604
2023 $24,275 $185,104 $43,500 $141,604
2022 $2,590,716 $185,104 $43,500 $141,604
2021 $25,874 $185,104 $43,500 $141,604
2020 $25,848 $185,104 $43,500 $141,604
2019 $26,189 $180,678 $39,074 $141,604
2018 $26,225 $180,678 $39,074 $141,604
2017 $26,637 $180,678 $39,074 $141,604
2016 $26,834 $180,678 $39,074 $141,604
2015 $26,867 $175,581 $33,977 $141,604
2014 $27,440 $175,581 $33,977 $141,604
2013 -- $175,581 $33,977 $141,604
Source: Public Records

Agents Affiliated with this Home

  • Brent Cordell

    Seller's Agent in 2019

    Brent Cordell

    KPG Realty, LLC

    (985) 373-6417

    46 in this area

    156 Total Sales

    Brent Cordell
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Elizabeth Eustis

    KPG Realty, LLC

    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 2203138

APN: 56376

Louisiana St Tammany Parish Mandeville 70471

1357 N Causeway Blvd, Mandeville, LA

Not Listed for Sale

Other

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