NOT LISTED FOR SALE

1440 Westbank Expy Harvey, LA 70058

Estimated Value: $2,640,359

-- Bed
-- Bath
47,430 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 16, 2020

Current estimated payment $13,988/month

380 Days on Market

About This Home

As of July 2020

WOW! This incredible Investor/Owner opportunity includes 3 parcels on busy Westbank Expy. Great visibility & access right off of Expressway. Billboard lease on property brings in 20k annually. Property has endless possibilities. Perfect for any investor! USES INCLUDE, BUT NOT LIMITED TO: INDUSTRIAL, OFFICE, WAREHOUSE OR DISTRIBUTION. Total leasable area: • Land 158,482 • bldg 50,279
ATTRACTIVE PRICE PSF OF $79.46 W/A CAP RATE OF 8-10% when fully leased (presently 90% leased).

Last Agent to Sell the Property

Traci Kestler

Pintat Realty LLC License #995684025 Listed on: 06/01/2019

Last Buyer's Agent

Eli Gunesebakan, CCIM, SIOR

Wurth Real Estate Services License #995712858

Wurth Real Estate Services

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,692

Lot Details

  • 3.64

Parking

  • Parking Lot

Home Design

  • 47,430 Sq Ft Home
  • Aluminum Siding
  • Concrete Block And Stucco Construction

Additional Features

  • Zoning described as C2
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 700581440WESTBANKEXPRESSNO

Property Details

Property Type

Other

Est. Annual Taxes

$1,692

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 158482
  • Co List Office Mls Id: DWEL01
  • New Construction: No
  • Structure Type: Office, Retail, Warehouse
  • Year Built Details: 20
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 47430.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Construction Type: Aluminum Siding, Concrete
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700581440WESTBANKEXPRESSNO
  • Zoning Description: C2
  • Zoning: C2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Imran Llc
Bought by
Expressway Greenn Leaf Llc
Current Estimated Value
$2,640,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Outstanding Balance
$2,360,343
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$280,016

Purchase Details

Closed on
Jun 3, 2021
Sold by
Ryan Hall Properties Of Louisiana Llc
Bought by
Imran Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 9, 2013
Sold by
Pearce Peggy
Bought by
Ryan Hall Properties Of La Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,677,867
Interest Rate
4.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Expressway Greenn Leaf Llc -- None Listed On Document
Imran Llc $2,600,000 Southern Title Inc
Ryan Hall Properties Of La Llc $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Expressway Greenn Leaf Llc $2,480,000
Previous Owner Imran Llc $2,500,000
Previous Owner Ryan Hall Properties Of La Llc $2,677,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold -- -- --
06/16/2020 06/16/20 Pending -- -- --
06/01/2019 06/01/19 For Sale $3,995,000 -- $84 / 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 $1,692 $286,480 $191,440 $95,040
2023 $39,285 $286,480 $191,440 $95,040
2022 $38,337 $286,480 $191,440 $95,040
2021 $36,237 $286,480 $191,440 $95,040
2020 $49,320 $392,550 $32,850 $359,700
2019 $48,332 $381,860 $31,290 $350,570
2018 $45,258 $381,860 $31,290 $350,570
2017 $43,444 $381,860 $31,290 $350,570
2016 $42,604 $381,860 $31,290 $350,570
2015 $17,999 $381,860 $31,290 $350,570
2014 $17,999 $381,860 $31,290 $350,570
Source: Public Records

Agents Affiliated with this Home

  • Traci Kestler

    Seller's Agent in 2020

    Traci Kestler

    Pintat Realty LLC

    (504) 975-5971

    25 Total Sales

    Traci Kestler
    Section Image

  • E

    Buyer's Agent in 2020

    Eli Gunesebakan, CCIM, SIOR

    Wurth Real Estate Services

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2206523

APN: 0300002118

Louisiana Jefferson Parish Harvey 70058

1440 Westbank Expy, Harvey, LA

This home is located at 1440 Westbank Expy, Harvey, LA 70058 since 01 June 2019 and is currently estimated at $2,640,359, approximately $55 per square foot. 1440 Westbank Expy is a home located in Jefferson Parish with nearby schools including Gretna No. 2 Academy for Advanced Studies, Shirley Johnson/Gretna Park Elementary School, and L.H. Marrero Middle School.

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