NOT LISTED FOR SALE

216 N Laurel St Metairie, LA 70003

Estimated Value: $359,000 - $411,000

8 Beds
4 Baths
3,280 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 31, 2023

Current estimated payment $2,324/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 Listed By

Luke Garris

Godwyn Realty, ERA Powered License #995695427 Listed on: 04/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,011

Year Built

  • Built in 2022

Lot Details

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

Home Design

  • Quadruplex
  • Traditional Architecture
  • 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

Est. Annual Taxes

$2,011

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
Godwyn Realty, ERA Powered
Buyer's Agent
AMANDA M. TRANCHANT
Mirambell Realty
List Price
$374,900
Sold Price
$400,000
Premium/Discount to List
$25,100
6.7%
Total Days on Market
7
Views
87
Current Estimated Value
$387,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,933
Avg. Annual Appreciation
-1.95%
Original Mortgage
$392,755
Outstanding Balance
$386,032
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$1,035

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
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $57,405
Previous Owner Christophi Sherif $235,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- -- --
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Metairie, LA

  • 5016 Newlands St, Metairie, LA 70006

    $425,000

    • 6 Beds
    • 6 Baths
    • 3,274 Sq Ft
    • 5016 Newlands St
    • Metairie, LA

    Investment opportunity: Rent both units or live in one and rent the other. Duplex next door currently rented for $1,500/month, per unit. Extensive work done to both units in 2022. New roofing, Flooring, paint, kitchen counters, cabinets and more. Townhomes have a great layout. 3 bedroom, 2.5 bath with living room/dining room and then a den/breakfast-nook off the kitchen and nice size laundry

    Barret Blondeau Falaya

    Section Image
  • 2205 Giuffrias Ave, Metairie, LA 70001

    $450,000

    • 8 Beds
    • 8 Baths
    • 4,404 Sq Ft
    • 2205 Giuffrias Ave
    • Metairie, LA

    Great income-producing investment opportunity in the heart of Metairie! This well-maintained turn-key 4-plex includes 4 spacious townhouse-style units, each offering 2 bedrooms, 1 full bath, and 1 half bath with 1,101 sq. ft. per unit and a new roof across all 4,404 sq. ft. This property combines the convenience of shopping, dining, and major commuter routes to renters. It is a great property

    SHERRY NOONAN United Real Estate Partners LLC

    Section Image
  • 5012 14 Fairfield St, Metairie, LA 70006

    $329,000

    • 6 Beds
    • 4 Baths
    • 2,700 Sq Ft
    • 5012 14 Fairfield St
    • Metairie, LA

    Solid double located behind Roberts Fresh Market, nearby shops, bus stops, and hospitals. 2700 total living with 3 bedrooms/ 1.5 baths on each side. Both sides are occupied with long term tenants. One tenant has been there for 19 years. Rent has been low for many years and are now month to month leases. Investor or owner occupy one side. Units need updating but are livable. Lot is 50x161 and

    Randie Leggio LATTER & BLUM (LATT01)

    Section Image
  • 4036 38 Georgetown Dr, Metairie, LA 70001

    $365,000

    • 6 Beds
    • 6 Baths
    • 3,750 Sq Ft
    • 4036 38 Georgetown Dr
    • Metairie, LA

    Wonderful Investment Property – Spacious & Renovated DUPLEX! Each unit has 3-bedrooms, 2.5-bathroom PLUS a dedicated office space, providing the perfect environment for work or study. Enjoy outdoor living with a charming patio and carport for convenient parking. Inside Laundry Room in both units. The property at Unit 4038 has been completely updated with brand-new HVAC, modern kitchen &

    Tangie Stephens KELLER WILLIAMS REALTY 455-0100

    Section Image
  • 3504 06 Hudson St, Metairie, LA 70006

    $365,000

    • 6 Beds
    • 6 Baths
    • 3,220 Sq Ft
    • 3504 06 Hudson St
    • Metairie, LA

    Investment opportunity: Large brick double offering two spacious units, new roof, each featuring 3 bedrooms and 2.5 bathrooms. Both have two large living areas and nicely laid out kitchen, generous sized bedrooms including the primary with en-suite. This property is ideal for savvy investors or homeowners looking to supplement their mortgage. Property is situated in a convenient location and is

    Erin Helwig RE/MAX Living

    Section Image
  • 4028 Sanford St, Metairie, LA 70002

    $399,999

    • 7 Beds
    • 6 Baths
    • 3,400 Sq Ft
    • 4028 Sanford St
    • Metairie, LA

    Triplex in PRIME Metairie Location! Walking distance to parade route and restaurants in the area. Beautiful live oak tree! New roof with three excellent tenants who are consistent and clean.

    LINDSAY ABADIE ANTOINE Barden Realty, LLC

    Section Image
  • 10 Division St, Metairie, LA 70001

    $399,000

    • 6 Beds
    • 6 Baths
    • 3,560 Sq Ft
    • 10 Division St
    • Metairie, LA

    Townhouse double with each side having (3br/2.5ba, 1780sf living area; small patio and small shed on patio); 2308 is currently rented for $1400 and 2310 is currently rented for $1300/mo; each unit comes with a stove and dishwasher; internal laundry room; TOTAL ELECTRIC

    CHERYL DRENDEL Watermark Realty, LLC

    Section Image
  • 6 Division St, Metairie, LA 70001

    $399,000

    • 6 Beds
    • 6 Baths
    • 3,560 Sq Ft
    • 6 Division St
    • Metairie, LA

    Townhouse double with each side having (3br/2.5ba, 1780sf living area; small patio and small shed on patio); 2304 is currently vacant and 2306 is currently rented for $1400/mo; each unit comes with a refrigerator, stove and dishwasher; internal laundry room; TOTAL ELECTRIC

    CHERYL DRENDEL Watermark Realty, LLC

    Section Image

Source: ROAM MLS

MLS Number: 2389449

APN: 0910004972