NOT LISTED FOR SALE

140 James Dr E Saint Rose, LA 70087

Estimated Value: $3,349,723

-- Bed
-- Bath
27,900 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 06, 2019

Current estimated payment $20,949/month

592 Days on Market

Highlights

  • 3.5 Acre Lot
  • Accessibility Features
  • Property has 1 Level
  • Airline Park Academy For Advanced Studies Rated A

About This Home

As of May 2019

Opportunity for an Owner/User who wants modern, one story brick office building in finest business park setting in metro New Orleans. 200+ paved parking spots. Campus like setting: outdoor space, back patio, & fully landscaped. Custom built for ITT and ~40% office/admin area and ~60% open layout for large classrooms. Could be used for office/administrative uses. $250,000 in renovations in 2016. Priced at half of estimated reproduction cost value. Furniture may be included.

Last Agent to Sell the Property

Richard Juge

RE/MAX Commercial Brokers,Inc. License #000031432 Listed on: 08/21/2017

RE/MAX Commercial Brokers,Inc.

Last Buyer's Agent

Jeff Melancon

RE/MAX Synergy License #995685397

RE/MAX Synergy

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $39,121

Year Built

  • Built in 2016

Lot Details

  • 3.5 Acre Lot
  • Zoning described as COMM

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 27,900 Sq Ft Home
  • Property has 1 Level

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70087140JamesDE

Property Details

Property Type

Other

Est. Annual Taxes

$39,121

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 3.5
  • Lot Size: 3.50 acres
  • Subdivision Name: Not a Subdivision
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Office
  • Year Built Details: 20
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 2016

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 27900.0

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70087140JamesDE
  • Zoning Description: COMM
  • Zoning: COMM
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
May 2, 2019
Sold by
Zeg Ventures Llc
Bought by
Riverlands Investment Group Llc
Seller's Agent
Richard Juge
RE/MAX Commercial Brokers,Inc.
Buyer's Agent
Jeff Melancon
RE/MAX Synergy
List Price
$2,750,000
Current Estimated Value
$3,349,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$2,061,250
Outstanding Balance
$1,823,789
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,578,637

Purchase Details

Closed on
Feb 28, 2013
Sold by
Scannell Properties 13 Llc
Bought by
Zeg Ventures Llc
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
Riverlands Investment Group Llc -- Riverview Title
Zeg Ventures Llc $2,000,000 Crescent Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riverlands Investment Group Llc $2,061,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold -- -- --
04/06/2019 04/06/19 Pending -- -- --
08/21/2017 08/21/17 For Sale $2,750,000 -- $99 / 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 $39,121 $381,970 $57,250 $324,720
2023 $39,121 $339,611 $48,280 $291,331
2022 $39,595 $339,611 $48,280 $291,331
2021 $29,775 $253,210 $43,452 $209,758
2020 $39,904 $339,610 $48,280 $291,330
2019 $40,152 $339,610 $48,280 $291,330
2018 $32,108 $273,703 $48,280 $225,423
2017 $32,108 $273,703 $48,280 $225,423
2016 $40,431 $343,192 $48,280 $294,912
2015 $39,234 $334,672 $39,760 $294,912
2014 $37,778 $334,672 $39,760 $294,912
2013 $37,912 $334,672 $39,760 $294,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2120452

APN: 552400200005