Price Undisclosed
SOLD MAR 19, 2025

300 E Magnolia Dr Chalmette, LA 70043

5 Beds
3 Baths
1,975 Sq Ft
5,445 Sq Ft Lot

Recently Sold

195 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Fenced
  • Corner Lot
  • Property is in very good condition
  • Property has 1 Level

About This Home

As of March 2025

It's not to late to purchase this great investment opportunity! Over $10,000 in repairs and updates, see list in attachments. Plus, whole main sewer line replaced February 2025 (cost $6500)All brick 5 bed/3bth double on corner lot. 300 E. Magnolia Dr - 2 bd/1bth was rented for $1000/mo. and could be rented for $1100, have potential tenants. 3717 Tournefort St. - 3 bd/2bth renting for $1500/mo. is currently occupied. Both units have a large separate laundry room, outside storage under separate roof, fenced area/yard. All electric, no carpet (tile throughout). Range/oven, dishwasher and washer/dryer hook-ups included. Tenants pay electric & water. Owner currently paying for lawncare. Plenty of parking. Location, Location, Location!!! PLEASE DO NOT DISTURB TENANTS! Must have advanced notice to show!

Last Agent to Sell the Property

Karen Guerra

LATTER & BLUM (LATT15) License #NOM:000075925 Listed on: 08/06/2024

LATTER & BLUM (LATT15)

Last Buyer's Agent

Stephen Nguyen

KELLER WILLIAMS REALTY 455-0100 License #NOM:000077878

KELLER WILLIAMS REALTY 455-0100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50 x 109
  • Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,975 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Parking

  • Carport
  • Driveway
  • Off-Street Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units
  • Versailles Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,456

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: Lot 16, Sq 199 Versailles
  • Lp Amt Sq Ft: 126.58
  • Measurmnt Apprx Not Guaranteed: No
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Estimated Living Area: 1975
  • Total Sq Ft: 1975

Exterior Features

  • Exterior: Brick
  • ExteriorFeatures: Driveway Permeable Surface, Fence
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Carport, Driveway Only, Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: Yes
  • Lot Description: Corner
  • Lot Num: 16
  • Lot Size: 50 x 109

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 5
  • Total Full Baths All Units: 3
  • Total Rent All Units: 2600
  • Total Units: 2
  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Mar 19, 2025
Sold by
Woolley Lewis Rita
Bought by
300 Magnolia Llc
Seller's Agent
Karen Guerra
LATTER & BLUM (LATT15)
Buyer's Agent
Stephen Nguyen
KELLER WILLIAMS REALTY 455-0100
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Views
71
Current Estimated Value
$241,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,346
Avg. Annual Appreciation
1.71%
Original Mortgage
$180,000
Outstanding Balance
$179,545
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$61,801
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 Type Sale Price Title Company
Deed $240,000 Bayou Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold -- -- --
02/21/2025 02/21/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $250,000 +6.4% $127 / Sq Ft
09/04/2024 09/04/24 Price Changed $235,000 -4.1% $119 / Sq Ft
08/06/2024 08/06/24 For Sale $245,000 -- $124 / Sq Ft
Source: Gulf South Real Estate Information Network

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
2025 $1,456 $9,574 $1,090 $8,484
2024 $1,456 $9,574 $1,090 $8,484
2023 $1,351 $9,574 $1,090 $8,484
2022 $1,351 $9,574 $1,090 $8,484
2020 $1,319 $9,574 $1,090 $8,484
2019 $1,370 $9,574 $1,090 $8,484
2018 $1,370 $9,574 $1,090 $8,484
2017 $1,370 $9,574 $1,090 $8,484
2016 $1,372 $9,574 $1,090 $8,484
2015 $1,346 $9,574 $1,090 $8,484
2014 $1,346 $9,574 $1,090 $8,484
2013 $1,293 $9,574 $1,090 $8,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2461648

Gulf South Real Estate Information Network

APN: 304319900016