NOT LISTED FOR SALE

2955 Ridgelake Dr Unit 117 Metairie, LA 70002

Whitney-Cecile Neighborhood

Estimated Value: $206,000

-- Bed
-- Bath
1,425 Sq Ft
1,873 Sq Ft Lot

Last Sold May 23, 2024

Current estimated payment $1,408/month

118 Days on Market

About This Home

As of May 2024

Office condo for sale! This Large office space for at commerce court condominiums is renovated and ready for your business. First floor unit with many private office spaces. Great location with plenty of parking available.

Last Agent to Sell the Property

KRISTI SALVAGGIO

Sound Realty LLC License #995700333 Listed on: 01/25/2024

Last Buyer's Agent

Lori Hess

Hess Properties License #000035023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,525

Year Built

  • Built in 1983

Lot Details

  • 1,873

Parking

  • 3 Parking Spaces

Home Design

  • 1,425 Sq Ft Home
  • Cosmetic Repairs Needed

Location

  • City Lot

Community Details

  • Commerce Court Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,525

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Lot Size: condo
  • New Construction: No
  • Structure Type: Office
  • Year Built Details: Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1983
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Living Area: 1425.0

Exterior Features

  • Lot Features: City Lot
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Commerce Court

Lot Info

  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
May 29, 2024
Sold by
K & M Office Suite Llc
Bought by
Sheila Cavanaugh Building Llc
Seller's Agent
KRISTI SALVAGGIO
Sound Realty LLC
Buyer's Agent
Lori Hess
Hess Properties
List Price
$200,000
Views
111
Current Estimated Value
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$152,000
Outstanding Balance
$150,222
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,778

Purchase Details

Closed on
Oct 3, 2023
Sold by
Chailland Mitchell Jerome and Liane Chailland Long Kimberly
Bought by
K & M Office Suite Llc
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
Sheila Cavanaugh Building Llc $190,000 Preservation Title
K & M Office Suite Llc $1,920,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheila Cavanaugh Building Llc $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold -- -- --
01/25/2024 01/25/24 For Sale $200,000 -- $140 / 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 $3,525 $17,420 $2,780 $14,640
2023 $2,265 $17,220 $2,580 $14,640
2022 $2,206 $17,220 $2,580 $14,640
2021 $2,049 $17,220 $2,580 $14,640
2020 $2,034 $17,220 $2,580 $14,640
2019 $2,068 $17,030 $2,390 $14,640
2018 $1,931 $17,030 $2,390 $14,640
2017 $1,931 $17,030 $2,390 $14,640
2016 $1,894 $17,030 $2,390 $14,640
2015 $1,896 $16,860 $2,220 $14,640
2014 $1,896 $16,860 $2,220 $14,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2431469

APN: 0820043385