NOT LISTED FOR SALE

2328 Metairie Rd Metairie, LA 70001

Old Metairie Neighborhood

Estimated Value: $2,596,000 - $6,400,000

-- Bed
-- Bath
13,328 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 21, 2020

Current estimated payment $25,006/month

181 Days on Market

About This Home

As of October 2020

100% leased! Current tenants are a bank, hair salon, yoga studio, real estate office and 3 highly desired residential units.This rarely found investment property is only two years old and is a three story mixed use property. This income producing property is For Sale at a 7% capitalization rate.

Last Agent to Sell the Property

Shaun McCarthy

McCarthy Group REALTORS License #995691053 Listed on: 03/23/2020

Last Buyer's Agent

Shaun McCarthy

McCarthy Group REALTORS License #995691053 Listed on: 03/23/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,102

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 180.5x118.4x28x100
  • Irregular Lot
  • Zoning described as GO2

Parking

  • Parking Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 13,328 Sq Ft Home
  • Property has 3 Levels
  • Living Quarters
  • Fire Sprinkler System

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 700012328MetairieRD

Property Details

Property Type

Other

Est. Annual Taxes

$2,102

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.16
  • Lot Size: 180.5x118.4x28x100
  • Directions: On Metairie Road between Bonnabel and Causeway
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Mixed Use, Office, Retail
  • Year Built Details: 2
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 3

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 13328.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Construction Type: Brick, Stucco
  • Other Structures: Living Quarters
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700012328MetairieRD
  • Zoning Description: GO2
  • Zoning: GO2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Oct 21, 2020
Sold by
Geocor Investments Llc
Bought by
Harrod Llc
Seller's Agent
Shaun McCarthy
McCarthy Group REALTORS
Buyer's Agent
Shaun McCarthy
McCarthy Group REALTORS
List Price
$5,575,000
Current Estimated Value
$4,734,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.79%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 19, 2016
Sold by
Metairie Road Development Llc A Louisian
Bought by
Geocor Investments Llc A Louisiana Limit
Seller's Agent
Shaun McCarthy
McCarthy Group REALTORS
Buyer's Agent
Shaun McCarthy
McCarthy Group REALTORS
List Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.38%
Original Mortgage
$1,355,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Gohres John L
Bought by
Metairie Road Dev L L C
Source: Public Records

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
Harrod Llc $5,000,000 Amicus Title Agency
Geocor Investments Llc A Louisiana Limit $1,350,000 Attorney
Metairie Road Dev L L C $334,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geocor Investments Llc A Louisiana Limit $1,355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2020 10/21/20 Sold -- -- --
09/21/2020 09/21/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $5,575,000 +313.0% $418 / Sq Ft
09/19/2016 09/19/16 Sold -- -- -- View Prior Sale
08/20/2016 08/20/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $1,350,000 -- $1,100 / 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 $2,102 $512,090 $128,250 $383,840
2023 $67,365 $512,090 $128,250 $383,840
2022 $65,604 $512,090 $128,250 $383,840
2021 $60,934 $512,090 $128,250 $383,840
2020 $60,498 $512,090 $128,250 $383,840
2019 $76,924 $633,380 $128,250 $505,130
2018 $14,544 $128,250 $128,250 $0
2017 $12,432 $109,630 $93,160 $16,470
2016 $4,030 $36,240 $19,770 $16,470
2015 $3,920 $34,850 $15,820 $19,030
2014 $3,920 $34,850 $15,820 $19,030
Source: Public Records

Agents Affiliated with this Home

  • Shaun McCarthy

    Seller's Agent in 2020

    Shaun McCarthy

    McCarthy Group REALTORS

    (504) 322-7337

    153 in this area

    392 Total Sales

    Shaun McCarthy
    Section Image
See All Agents

Map

Source: ROAM MLS

MLS Number: 2244544

APN: 0810000886

Louisiana Jefferson Parish Metairie 70001 Old Metairie

2328 Metairie Rd, Metairie, LA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes