NOT LISTED FOR SALE

Estimated Value: $493,000

36 Beds
32 Baths
16,000 Sq Ft
$31/Sq Ft Est. Value

Last Sold March 31, 2015

Current estimated payment $2,692/month

277 Days on Market

About This Home

As of March 2015

"X Flood Zone" 32 Units on bus route, close to Huey P. Long, near the Nicolle Blvd Industrial park...

Last Agent to Sell the Property

Tammy Mercier

NOLA's Essential Property, L.L.C. License #NOM:099563678 Listed on: 06/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $932

Lot Details

  • Lot Dimensions are 200x400x192.95x397.70
  • Irregular Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 16,000 Sq Ft Home
  • 2-Story Property

Location

  • Outside City Limits

Utilities

  • Ductless Heating Or Cooling System
  • Treatment Plant
  • Internet Available

Community Details

  • 32 Units

Listing and Financial Details

  • Assessor Parcel Number 700942139US90HY

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$932

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Other
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: sec 36,ts13,r23,E fairf
  • Lp Amt Sq Ft: 56.00
  • List Price per Sq Ft: 55.9375
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Age: 45
  • Age Description: Resale
  • Age Description 2: Age Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 16000
  • Total Sq Ft: 16000

Exterior Features

  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Seal Tab

Garage/Parking

  • Car Storage: Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Ductless Wall Unit
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: Ductless Wall Unit
  • Sewer Type: Treatment Plant
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Irregular
  • Lot Size: 200x400x192.95x397.70
  • Parcel #: 700942139US90HY

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 36
  • Total Full Baths All Units: 32
  • Total Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
Slidell Rentals I Llc
Bought by
Gca Llc
Current Estimated Value
$493,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Outstanding Balance
$1,427,107
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2022
Sold by
Fbr Investments Llc
Bought by
Slidell Rentals I Llc

Purchase Details

Closed on
Jun 25, 2018
Sold by
Westwego Apartments Llc A Louisiana Limi
Bought by
Fbr Investments Llc A Louisiana Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2016
Sold by
Cls Properties Of Westwego Llc A Louisia
Bought by
Westwego Apartments Llc A Louisiana Limi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,400
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 19, 2014
Closed on
Mar 30, 2015
Sold by
Eagle Investments Inc
Bought by
Cls Properties Llc
Seller's Agent
Tammy Mercier
NOLA's Essential Property, L.L.C.
List Price
$999,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$773,500
Interest Rate
3.82%
Mortgage Type
Commercial
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
Gca Llc $1,410,000 None Listed On Document
Slidell Rentals I Llc $7,956,379 None Listed On Document
Fbr Investments Llc A Louisiana Limited $1,225,000 Attorney
Westwego Apartments Llc A Louisiana Limi $1,024,000 True Title Of Metairie Llc
Cls Properties Llc $1,190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gca Llc $1,450,000
Previous Owner Fbr Investments Llc A Louisiana Limited $1,360,000
Previous Owner Westwego Apartments Llc A Louisiana Limi $870,400
Previous Owner Cls Properties Llc $773,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold -- -- --
03/23/2015 03/23/15 Pending -- -- --
06/19/2014 06/19/14 For Sale $999,999 -- $62 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $932 $102,400 $15,500 $86,900
2023 $14,042 $102,400 $15,500 $86,900
2022 $13,703 $102,400 $15,500 $86,900
2021 $12,953 $102,400 $15,500 $86,900
2020 $12,866 $102,400 $15,500 $86,900
2019 $13,291 $102,400 $15,500 $86,900
2018 $12,435 $102,400 $15,500 $86,900
2017 $11,991 $102,400 $15,500 $86,900
2016 $11,791 $102,400 $15,500 $86,900
2015 -- $119,000 $15,500 $103,500
2014 -- $87,990 $15,500 $72,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 995279

Gulf South Real Estate Information Network

APN: 0500005045