NOT LISTED FOR SALE

16 W Airline Hwy Kenner, LA 70062

Estimated Value: $810,022

-- Bed
-- Bath
5,068 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 07, 2021

Current estimated payment $4,414/month

20 Days on Market

Highlights

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

About This Home

As of May 2021

Prime location in Kenner! The steel frame and brick-metal veneer 5 Bay Retail Strip Center building was constructed in 2005, with 127 feet fronting Airline Hwy and 150 feet deep along Minden Avenue. The building is approximately 5068 SF total which includes retail-office space of 4788 SF and 280 SF storage, 25 parking spaces, with a monolithically poured concrete slab foundation and metal roof. Excellent visibility with solid tenants. Good cash flow property. Easy access to I-10, I-310 & Airport.

Last Agent to Sell the Property

Jeff Melancon

RE/MAX Synergy License #995685397 Listed on: 03/17/2021

RE/MAX Synergy

Last Buyer's Agent

D'Vosha McGee

Essential Realty, LLC License #995680326

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 127x150
  • Corner Lot
  • Oversized Lot
  • Zoning described as COM

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,068 Sq Ft Home
  • Property has 1 Level

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Tax Lot N-1
  • Assessor Parcel Number 7006216WAIRLINEHYN-1

Property Details

Property Type

Other

Est. Annual Taxes

$3

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 127x150
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Retail
  • Year Built Details: 16
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Owner Pays: Insurance, Taxes
  • Accessibility Features: Accessibility Features
  • Living Area: 5068.0

Exterior Features

  • Lot Features: Corner Lot, City Lot, Oversized Lot
  • Construction Type: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 7006216WAIRLINEHYN-1
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service

Multi Family

  • Annual Gross Income: 61000.0

Tax Info

  • Tax Lot: N-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 7, 2021
Sold by
Succession Of Bharpur Singh
Bought by
Essential Investment Properties Llc
Seller's Agent
Jeff Melancon
RE/MAX Synergy
Buyer's Agent
D'Vosha McGee
Essential Realty, LLC
List Price
$679,000
Current Estimated Value
$810,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.43%
Original Mortgage
$520,000
Outstanding Balance
$476,227
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$108,431

Purchase Details

Listed on
Sep 2, 2009
Closed on
Jul 30, 2012
Sold by
Bonura Martin P
Bought by
Singh Bharpur
Seller's Agent
Jeff Melancon
RE/MAX Synergy
Buyer's Agent
Jeff Melancon
RE/MAX Synergy
List Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$445,527
Interest Rate
3.68%
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
Essential Investment Properties Llc $650,000 Experience Title Group Llc
Singh Bharpur $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Dvosha $167,497
Open Essential Investment Properties Llc $520,000
Previous Owner Singh Bharpur $445,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold -- -- --
04/07/2021 04/07/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $679,000 -15.0% $134 / Sq Ft
07/30/2012 07/30/12 Sold -- -- --
06/30/2012 06/30/12 Pending -- -- --
09/02/2009 09/02/09 For Sale $799,000 -- $155 / 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 $3 $84,690 $23,100 $61,590
2023 $8,405 $84,690 $23,100 $61,590
2022 $8,252 $84,690 $23,100 $61,590
2021 $7,609 $84,690 $23,100 $61,590
2020 $7,537 $84,690 $23,100 $61,590
2019 $7,648 $84,200 $22,610 $61,590
2018 $5,524 $84,200 $22,610 $61,590
2017 $6,970 $84,200 $22,610 $61,590
2016 $6,970 $84,200 $22,610 $61,590
2015 $5,470 $82,530 $20,940 $61,590
2014 $5,470 $82,530 $20,940 $61,590
Source: Public Records

Agents Affiliated with this Home

  • Jeff Melancon

    Seller's Agent in 2021

    Jeff Melancon

    RE/MAX

    (985) 307-1367

    15 in this area

    154 Total Sales

    Jeff Melancon
    Section Image

  • D

    Buyer's Agent in 2021

    D'Vosha McGee

    Essential Realty, LLC

    (504) 305-4503

    3 in this area

    19 Total Sales

    D'Vosha McGee
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2291539

APN: 0920003718

Louisiana Jefferson Parish Kenner 70062

16 W Airline Hwy, Kenner, LA

This home is located at 16 W Airline Hwy, Kenner, LA 70062 since 17 March 2021 and is currently priced at $810,022, approximately $159 per square foot. This property was built in 2005. 16 W Airline Hwy is a home located in Jefferson Parish with nearby schools including Airline Park Academy For Advanced Studies, T.H. Harris Middle School, and Bonnabel Magnet Academy High School.

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