NOT LISTED FOR SALE

1616 Barataria Blvd Marrero, LA 70072

Estimated Value: $516,634

-- Bed
-- Bath
4,897 Sq Ft
$106/Sq Ft Est. Value

Last Sold May 27, 2022

Current estimated payment $2,793/month

Highlights

  • 0.51 Acre Lot
  • Accessibility Features
  • Property has 1 Level
  • Ray St. Pierre Academy for Advanced Studies Rated A
  • Rectangular Lot

About This Home

As of May 2022

Amazing Income-Producing Property! 5 Suite Office Complex Located In Prime Area. High Visibility And Traffic Count. Additional Space Designated For The Option To Build 2 More Units Per Original Blue Prints.

Last Agent to Sell the Property

NON MEMBER

NON-MLS MEMBER Listed on: 03/29/2022

Last Buyer's Agent

Angel Parfait

WayMaker Realty, LLC License #995703338

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $998

Year Built

  • Built in 1976

Lot Details

  • 0.51 Acre Lot
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as C-1

Home Design

  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 4,897 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, janitorial service, taxes
  • Tax Lot 5 & 6
  • Assessor Parcel Number 700721616BaratariaBL

Property Details

Property Type

Other

Est. Annual Taxes

$998

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.5142
  • Directions: WB Expressway to Barataria Blvd. Heading South, Building is on the right passed Patriot St.
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Office, Retail
  • Year Built Details: 46
  • Year Built: 1976
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 1976

Interior Features

  • Possible Use: Medical/Dental
  • Owner Pays: Insurance, Janitorial Service, Taxes
  • Accessibility Features: Accessibility Features
  • Living Area: 4897.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Stucco
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700721616BaratariaBL
  • Zoning Description: C-1
  • Zoning: C-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Lot: 5 & 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 27, 2022
Sold by
Loukimco Llc
Bought by
Appointed Properties Llc
Seller's Agent
NON MEMBER
NON-MLS MEMBER
Buyer's Agent
Angel Parfait
WayMaker Realty, LLC
List Price
$550,000
Current Estimated Value
$516,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.81%
Original Mortgage
$412,500
Outstanding Balance
$391,909
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$124,725
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
Appointed Properties Llc $550,000 Bayou Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appointed Properties Llc $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold -- -- --
04/27/2022 04/27/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $550,000 -- $112 / 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 $998 $69,460 $24,200 $45,260
2023 $9,089 $66,280 $24,200 $42,080
2022 $8,870 $66,280 $24,200 $42,080
2021 $5,797 $45,830 $24,200 $21,630
2020 $5,673 $45,830 $24,200 $21,630
2019 $5,464 $42,040 $22,410 $19,630
2018 $5,124 $42,040 $22,410 $19,630
2017 $4,926 $42,040 $22,410 $19,630
2016 $4,833 $42,040 $22,410 $19,630
2015 $4,437 $38,380 $20,750 $17,630
2014 $4,437 $38,380 $20,750 $17,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2347095

APN: 0420000354