NOT LISTED FOR SALE

216 N Laurel St Metairie, LA 70003

Estimated Value: $340,000 - $429,000

8 Beds
4 Baths
3,280 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 31, 2023

Current estimated payment $2,246/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Central Heating and Cooling System
  • Airline Park Academy For Advanced Studies Rated A
  • Courtyard
  • Rectangular Lot

About This Home

As of August 2023

Don't miss this Rare 4-Plex Investment opportunity! Much of the area renovated since hurricane Ida. Low Flood insurance! Brand New Roof, new flooring in unit B, and multiple units freshly painted. All seller owned Washer/Dryer sets and Refridgerators to remain! Each unit has two sizable bedrooms and large living/kitchen area. All units have Central AC/Heating and are individual electric and gas metered. Balcony, patio and courtyard serve the "front" and shared fenced in yard at rear. 1st showing 4/14 at 4PM

Last Agent to Sell the Property

Luke Garris

ERA PowerMark Properties License #995695427 Listed on: 04/13/2023

Last Buyer's Agent

AMANDA M. TRANCHANT

Mirambell Realty License #995695698

Mirambell Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 55x112
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 3,280 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Courtyard

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • East Bank Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70003216NLaurelST

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 55x112
  • Subdivision Name: East Bank
  • Directions: Airline to N. Laurel St.
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 41
  • Year Built: 2022
  • Property Sub Type Additional: Quadruplex
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2022

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3280.0

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: Balcony, Courtyard, Fence
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Average Condition, Repairs Cosmetic, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Assigned, Parking Lot, Three or more Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70003216NLaurelST
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Sep 1, 2023
Sold by
Christophi Sherif
Bought by
Dominguez Tamayo Tomas L
Seller's Agent
Luke Garris
ERA PowerMark Properties
Buyer's Agent
AMANDA M. TRANCHANT
Mirambell Realty
List Price
$374,900
Views
87
Current Estimated Value
$395,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.54%
Original Mortgage
$392,755
Outstanding Balance
$384,140
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$11,003

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 27, 2018
Sold by
Davis Firldeal Angela
Bought by
Christophi Sherif
Seller's Agent
Courtney Wagner
Michael Wagner
Buyer's Agent
Courtney Wagner
Michael Wagner
List Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$235,653
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2009
Sold by
Riley Ernest
Bought by
Capstone Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dominguez Tamayo Tomas L $400,000 Crescent Title
Christophi Sherif $240,000 Title Management Group Inc
Capstone Properties Llc $157,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Tamayo Tomas L $392,755
Previous Owner Christophi Sherif $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold -- -- --
04/20/2023 04/20/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $374,900 +50.6% $114 / Sq Ft
09/27/2018 09/27/18 Sold -- -- -- View Prior Sale
09/07/2018 09/07/18 For Sale $249,000 -- $76 / 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 $2,011 $39,400 $3,600 $35,800
2023 $2,885 $22,800 $3,600 $19,200
2022 $2,807 $22,800 $3,600 $19,200
2021 $2,605 $22,800 $3,600 $19,200
2020 $2,586 $22,800 $3,600 $19,200
2019 $2,659 $22,800 $3,600 $19,200
2018 $1,773 $16,330 $3,600 $12,730
2017 $1,773 $16,330 $3,600 $12,730
2016 $1,737 $16,330 $3,600 $12,730
2015 $1,773 $16,500 $3,200 $13,300
2014 $1,773 $16,500 $3,200 $13,300
Source: Public Records

Agents Affiliated with this Home

  • Luke Garris

    Seller's Agent in 2023

    Luke Garris

    ERA PowerMark Properties

    (504) 455-0100

    4 in this area

    27 Total Sales

    Luke Garris
    Section Image

  • A

    Buyer's Agent in 2023

    AMANDA M. TRANCHANT

    Mirambell Realty

    Section Image

  • C

    Seller's Agent in 2018

    Courtney Wagner

    Michael Wagner

    (504) 881-8613

    2 in this area

    2 Total Sales

    Courtney Wagner
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2389449

APN: 0910004972

Louisiana Jefferson Parish Metairie 70003

216 N Laurel St, Metairie, LA

Not Listed for Sale

MultiFamily

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