NOT LISTED FOR SALE

1613 Demosthenes St Metairie, LA 70005

Bonnabel Place Neighborhood

Estimated Value: $659,155 - $828,000

10 Beds
6 Baths
5,839 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 06, 2022

Current estimated payment $4,268/month

Highlights

  • Traditional Architecture
  • Porch
  • Courtyard
  • Metairie Academy For Advanced Studies Rated A-
  • Window Unit Cooling System
  • Central Heating and Cooling System

About This Home

As of May 2022

Unique opportunity to own a cash flowing 4-plex with another rented raised building behind! The rear unit has a large 2 bedroom / 1 bath upstairs and a separately metered storage area below for a total of 2545 sq. ft.. The front building is 3294 sq. ft. and has 4 units with 2 bedrooms and 1 bath each. All are long term tenants. Beautiful grounds in a very desirable section of Metairie. Fantastic rental portfolio addition with the potential for value add! Note: Interior pics are from before tenant moved in.

Last Agent to Sell the Property

Gregory Jeanfreau

LATTER & BLUM (LATT09) License #000069394 Listed on: 03/22/2022

LATTER & BLUM (LATT09)

Last Buyer's Agent

Brent Catalanotto

NOLA Living Realty License #995690455

NOLA Living Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,355

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 52 x 150
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 5,839 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Courtyard
  • Porch

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 5 Units
  • Bonnabel Place Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 700051613DemosthenesST

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,355

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2152
  • Lot Size: 52 X 150
  • Subdivision Name: Bonnabel Place
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 60
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Living Area: 5839.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Block
  • Exterior Features: Courtyard, Fence, Porch
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Porch
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700051613DemosthenesST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2017
Sold by
Bonnabel Properties Inc A Louisiana Corp
Bought by
Blue H20 Swimming Pool Service Llc Louis
Current Estimated Value
$752,289

Purchase Details

Closed on
Jan 29, 2016
Sold by
Terri Towner Llc A Louisiana Limited Lia
Bought by
Blue H2o Swimming Pool Service Llc A Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2015
Sold by
Amundson Properties Llc
Bought by
Terri Towner 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
Blue H20 Swimming Pool Service Llc Louis $15,912 None Available
Blue H2o Swimming Pool Service Llc A Lou $310,000 Crescent Title Llc
Terri Towner Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue H2o Swimming Pool Service Llc A Lou $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold -- -- --
04/06/2022 04/06/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $609,500 -- $104 / 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 $3,355 $63,650 $9,480 $54,170
2023 $8,373 $63,650 $9,480 $54,170
2022 $8,154 $63,650 $9,480 $54,170
2021 $3,881 $32,620 $9,480 $23,140
2020 $3,854 $32,620 $9,480 $23,140
2019 $3,958 $32,590 $7,590 $25,000
2018 $3,696 $32,590 $7,590 $25,000
2017 $3,696 $32,590 $7,590 $25,000
2016 $3,447 $31,000 $6,000 $25,000
2015 $2,987 $26,560 $6,000 $20,560
2014 $2,987 $26,560 $6,000 $20,560
Source: Public Records

Agents Affiliated with this Home

  • Gregory Jeanfreau

    Seller's Agent in 2022

    Gregory Jeanfreau

    LATTER & BLUM (LATT09)

    (504) 569-9312

    2 in this area

    63 Total Sales

    Gregory Jeanfreau
    Section Image

  • B

    Buyer's Agent in 2022

    Brent Catalanotto

    NOLA Living Realty

    (504) 415-7052

    1 in this area

    29 Total Sales

    Brent Catalanotto
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2337472

APN: 0820000601

Louisiana Jefferson Parish Metairie 70005 Bonnabel Place

1613 Demosthenes St, Metairie, LA

This home is located at 1613 Demosthenes St, Metairie, LA 70005 since 22 March 2022 and is currently estimated at $752,289, approximately $128 per square foot. 1613 Demosthenes St is a home located in Jefferson Parish with nearby schools including Marie B. Riviere Elementary School, Metairie Academy For Advanced Studies, and J.D. Meisler Middle School.

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