NOT LISTED FOR SALE

1401 Whitney Ave Terrytown, LA 70056

Estimated Value: $629,000

-- Bed
-- Bath
9,300 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 03, 2016

Current estimated payment $3,503/month

15 Days on Market

About This Home

As of June 2016

Hancock/Whitney REO property. Mostly gutted down, partition walls in tact up. Needs total renovation. 1 Block WB Express across from 2 new hotels and another under construct. Orig. 18 residential units, converted to commercial/residential. 9 exist. res. unit up and 8 com. units down. Flexible floor plan. Offers must be submitted on Bank PA, avail. after viewing. 13 designated surface parking spaces.

Last Agent to Sell the Property

Honore Aschaffenburg

Snappy Jacobs, C.C.I.M.,Real Estate Management, L. License #NOM:995683417 Listed on: 04/04/2016

Co-Listed By

Snappy Jacobs

Snappy Jacobs, C.C.I.M.,Real Estate Management, L. License #NOM:000032608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1990

Lot Details

  • Corner Lot
  • Property is in below average condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Siding

Interior Spaces

  • 9,300 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Assigned Parking

Location

  • Outside City Limits

Utilities

  • No Cooling
  • No Heating
  • Internet Available

Community Details

  • 17 Units
  • Oakdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 700531401WhitneyAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,530

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Commercial/Residential Combo
  • Style: Other
  • Condition: Poor
  • ADA Features: No
  • Legal Description: Lots 1,2,3, Sq. 30 Oakdale Subdivision, Gretna
  • Lp Amt Sq Ft: 26.56
  • Measurmnt Apprx Not Guaranteed: No
  • Building Stories: 2.00000
  • Year Renovated: 1990
  • Age: 25
  • Age Description: Resale
  • Age Description 2: None
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Estimated Living Area: 9300
  • Total Sq Ft: 9300

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Frame, Siding
  • Foundation: Slab
  • Roof Type: Flat

Garage/Parking

  • Car Storage: Three or More, Assigned
  • Internet: Yes

Utilities

  • Air Conditioner: None
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: None
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Corner
  • Lot Size: 9,375
  • Parcel #: 700531401WhitneyAV

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2017
Sold by
Rehab 2 Home Properties A Louisiana Limi
Bought by
R2h Connection Llc A Louisiana Limited L
Current Estimated Value
$629,000

Purchase Details

Listed on
Apr 4, 2016
Closed on
Jun 3, 2016
Sold by
Whitney Bank
Bought by
Rehab 2 Home Properties Llc A Louisiana
Seller's Agent
Honore Aschaffenburg
Snappy Jacobs, C.C.I.M.,Real Estate Management, L.
List Price
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Normand Sheriff Newell D and Sonnier Benedict Joseph
Bought by
Whitney Bank

Purchase Details

Closed on
Nov 28, 2007
Sold by
Shields James
Bought by
Sonnier Benedict

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.4%
Mortgage Type
New Conventional
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
R2h Connection Llc A Louisiana Limited L -- None Available
Rehab 2 Home Properties Llc A Louisiana $300,000 Gulf South Title Corp
Whitney Bank $196,667 None Available
Sonnier Benedict $269,124 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rehab 2 Home Properties Llc A Louisiana $325,000
Previous Owner Sonnier Benedict $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold -- -- --
04/19/2016 04/19/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $247,000 -- $27 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $2,530 $22,240 $16,090 $6,150
2023 $0 $21,480 $15,330 $6,150
2022 $2,737 $21,480 $15,330 $6,150
2021 $2,580 $21,480 $15,330 $6,150
2020 $2,561 $21,480 $15,330 $6,150
2019 $2,538 $20,750 $14,600 $6,150
2018 $0 $20,750 $14,600 $6,150
2017 $0 $20,750 $14,600 $6,150
2016 -- $20,750 $14,600 $6,150
2015 -- $19,690 $13,910 $5,780
2014 -- $19,690 $13,910 $5,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2051895

Gulf South Real Estate Information Network

APN: 9200008934