NOT LISTED FOR SALE

1605 N Morrison Blvd Hammond, LA 70401

-- Bed
-- Bath
2,500 Sq Ft
1.5 Acres

Last Sold September 10, 2015

About This Home

As of September 2015

EXCELLENT LOCATION! THIS 2500 SF OFFICE/RETAIL BUILDING IS SITUATED ON N. MORRISON BLVD ACROSS FROM BILL HOOD FORD. THIS BUILDING IS CURRENTLY CONFIGURED TO ACCOMMODATE OFFICE USERS, BUT COULD EASILY BE CONVERTED TO RETAIL USE. THIS BUILDING IS SITTING ON 1.5 (+/-)ACRES. THIS BUILDING IS BRICK CONSTRUCTION AND HAS BEEN WELL MAINTAINED.

Last Agent to Sell the Property

JOEY GALOFARO

Elite Real Estate Advisors  License #000040176 Listed on: 01/22/2014

Elite Real Estate Advisors 

Last Buyer's Agent

JOEY GALOFARO

Elite Real Estate Advisors  License #000040176 Listed on: 01/22/2014

Elite Real Estate Advisors 

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,763

Lot Details

  • 1.5 Acre Lot
  • Rectangular Lot
  • Zoning described as UNREST

Additional Features

  • 2,500 Sq Ft Home
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 704011605NMORRISONBL

Property Details

Property Type

Other

Est. Annual Taxes

$3,763

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 1.5
  • Lot Size: 110xIRR
  • Subdivision Name: Not a Subdivision
  • Directions: NORTH ON MORRISON, ACROSS FROM BILL HOOD FORD
  • New Construction: No
  • Structure Type: Office, Retail
  • Year Built Details: 28
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 2500.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 704011605NMORRISONBL
  • Zoning Description: UNREST
  • Zoning: UNREST
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Galofaro Joseph J
Bought by
Mustin Insurace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$44,418,956
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2020
Sold by
Galofaro Joseph J
Bought by
Mustin Insurace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$44,418,956
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
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
Mustin Insurace Llc $485,000 None Available
Mustin Insurace Llc $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mustin Insurace Llc $50,000,000
Closed Mustin Insurace Llc $50,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2015 09/10/15 Sold -- -- --
08/11/2015 08/11/15 Pending -- -- --
01/22/2014 01/22/14 For Sale $399,000 -- $160 / 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 $3,763 $45,452 $0 $45,452
2023 $3,558 $42,566 $0 $42,566
2022 $3,558 $42,566 $0 $42,566
2021 $4,458 $42,566 $0 $42,566
2020 $2,802 $26,787 $14,759 $12,028
2019 $2,659 $25,492 $14,759 $10,733
2018 $2,667 $25,492 $14,759 $10,733
2017 $2,667 $25,492 $14,759 $10,733
2016 $2,667 $25,492 $14,759 $10,733
2015 $2,241 $26,787 $14,759 $12,028
2014 $2,136 $26,787 $14,759 $12,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 978048

APN: 02075202