NOT LISTED FOR SALE

Estimated Value: $487,000 - $588,978

8 Beds
8 Baths
4,343 Sq Ft
$122/Sq Ft Est. Value

Last Sold November 24, 2023

Current estimated payment $2,978/month

99 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Rectangular Lot
  • Metairie Academy For Advanced Studies Rated A-
  • Property is in excellent condition

About This Home

As of November 2023

Great investment property in the heart of Metairie by Clearview Mall and the by Ochsner facility. Total of 4 units all rented with a total monthly rental income of $4,850. Each unit is two bedrooms with one full bath and a half bath. Roof is one year old. Flood insurance is $716 a year. Two parking spots per unit. Great investment property.

Last Listed By

Melissa Martin

Prieur Properties, LLC License #912123729 Listed on: 08/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 2022 | Remodeled

Lot Details

  • Lot Dimensions are 50x120
  • Rectangular Lot
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Quadruplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,343 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$442

Year Built

Built in 2022 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 50x120
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 50
  • Year Built: 2022
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2022

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 4343.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent, Repairs Cosmetic, Updated/Remodeled
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Nov 21, 2023
Sold by
Catoire Merrick Ruby Joy
Bought by
Rougarou Network Llc
Seller's Agent
Melissa Martin
Prieur Properties, LLC
Buyer's Agent
Chase Melancon
Ridgelake Realty, Inc.
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%
Total Days on Market
99
Views
130
Current Estimated Value
$530,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,505
Avg. Annual Appreciation
-8.19%
Original Mortgage
$450,000
Outstanding Balance
$444,706
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$85,789

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
Rougarou Network Llc $600,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rougarou Network Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2023 11/24/23 Sold -- -- --
08/16/2023 08/16/23 For Sale $630,000 -- $145 / 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 $442 $57,000 $5,770 $51,230
2023 $2,443 $18,570 $5,770 $12,800
2022 $2,379 $18,570 $5,770 $12,800
2021 $2,210 $18,570 $5,770 $12,800
2020 $2,194 $18,570 $5,770 $12,800
2019 $1,880 $15,480 $5,770 $9,710
2018 $1,755 $15,480 $5,770 $9,710
2017 $1,755 $15,480 $5,770 $9,710
2016 $1,721 $15,480 $5,770 $9,710
2015 $1,759 $15,640 $5,770 $9,870
2014 $1,759 $15,640 $5,770 $9,870
Source: Public Records

Agents Affiliated with this Home

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Source: ROAM MLS

MLS Number: 2409029

APN: 0820006264