Seller's Agent in 2016
Meghan Mercadel
NOLA Property Collective, LLC
(504) 940-4752
107 Total Sales
Last list price
2139 Highway 90 W Westwego, LA 70094
Westbank Neighborhood
--
Bed
--
Bath
16,000
Sq Ft
1.8
Acres
About This Home
As of February 2016CASH COW!!! This 32-unit property currently brings in 17,275 a month with established tenants. Rents can be higher. No vouchers. 100% occupied, quiet and safe neighborhood. 16 security cameras recently installed, and 23 apartments renovated with laminate floors on second level and tile on the first level. Newly renovated laundry room yielding 1200 a month in additional profits. Easy access to public transportation, Elmwood, and the Expressway. Do not disturb tenants. Easy to show.
Last Agent to Sell the Property
NOLA Property Collective, LLC License #995700537 Listed on: 09/25/2015
Property Details
Property Type
- Other
Est. Annual Taxes
- $932
Lot Details
- Lot Dimensions are 200x400x397.7
- Irregular Lot
- Zoning described as Comm
Home Design
- Brick Exterior Construction
Interior Spaces
- 16,000 Sq Ft Home
- Property has 2 Levels
Additional Features
- City Lot
- Septic Tank
Community Details
- Common Area
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for insurance, taxes
- Assessor Parcel Number 700942139WHighway90HY
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
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
$1,429,423
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
Listed on
Sep 25, 2015
Closed on
Feb 25, 2016
Sold by
Cls Properties Of Westwego Llc A Louisia
Bought by
Westwego Apartments Llc A Louisiana Limi
Seller's Agent
Meghan Mercadel
NOLA Property Collective, LLC
Buyer's Agent
Matthew Grass
The Agency of M. Grass Group, LLC
List Price
$1,500,000
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.
Avg. Annual Appreciation
-15.22%
Original Mortgage
$773,500
Interest Rate
3.82%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,410,000 | None Listed On Document | |
| Bargain Sale Deed | $7,956,379 | None Listed On Document | |
| Deed | $1,225,000 | Attorney | |
| Warranty Deed | $1,024,000 | True Title Of Metairie Llc | |
| Warranty Deed | $1,190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,450,000 | New Conventional | |
| Previous Owner | $400,000 | Non Purchase Money Mortgage | |
| Previous Owner | $1,360,000 | New Conventional | |
| Previous Owner | $200,000 | Non Purchase Money Mortgage | |
| Previous Owner | $870,400 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $773,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2016 02/25/16 | Sold | -- | -- | -- |
| 01/26/2016 01/26/16 | Pending | -- | -- | -- |
| 09/25/2015 09/25/15 | For Sale | $1,500,000 | +50.0% | $94 / Sq Ft |
| 03/31/2015 03/31/15 | Sold | -- | -- | -- |
| 03/01/2015 03/01/15 | Pending | -- | -- | -- |
| 06/19/2014 06/19/14 | For Sale | $999,999 | -- | $62 / Sq Ft |
Source: ROAM MLS
Tax History Compared to Growth
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
-
-
Buyer's Agent in 2016
Matthew Grass
The Agency of M. Grass Group, LLC
(504) 237-7187
172 Total Sales
-
Seller's Agent in 2015
Tammy Mercier
NOLA's Essential Property, L.L.C.
(504) 339-5009
2 in this area
48 Total Sales
Map
Source: ROAM MLS
MLS Number: 2029047
APN: 0500005045
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