NOT LISTED FOR SALE

Estimated Value: $413,254 - $632,000

8 Beds
8 Baths
3,900 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 30, 2015

Current estimated payment $3,187/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Metairie Academy For Advanced Studies Rated A-
  • Courtyard
  • Energy-Efficient Windows

About This Home

As of June 2015

This property is located minutes from the Causeway Bridge and I-10. Great investment property, all units are currently occupied. All granite counters and a lot of renovations have already been done. Unit A, B, and C have the same floor plan. Unit D is the larger unit and comes with a shed. All back yards are fenced and property has very little lawn maintenance. ALL utilities are paid by the tenants. All units are sold with Fridges.

Last Agent to Sell the Property

Bradley Gaspard

Real Estate Resource Group LLC License #995689468 Listed on: 05/07/2015

Real Estate Resource Group LLC

Last Buyer's Agent

Tiesha Preston

United Real Estate Partners LLC License #995687736

United Real Estate Partners LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 2012

Lot Details

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

Home Design

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

Interior Spaces

  • 3,900 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Courtyard
  • Porch

Additional Features

  • Energy-Efficient Windows
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 70002301315thST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,554

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 50x120
  • Subdivision Name: Not a Subdivision
  • Directions: Exit Causeway Bridge, L on W Esplanade Ave S., R on Ridgelake, L on 15th St., Property on the L.
  • Architectural Style: Traditional, Patio Home
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Building Stories: 2
  • Year Built Details: 34
  • Year Built: 2012
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3900.0

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Courtyard, Fence, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street, Three or more Spaces

Utilities

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

Condo/Co-op/Association

  • Association Name: No

Lot Info

  • Parcel #: 70002301315thST
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 30, 2015
Sold by
Huskins Kevin
Bought by
Li Longmei
Seller's Agent
Bradley Gaspard
Real Estate Resource Group LLC
Buyer's Agent
Tiesha Preston
United Real Estate Partners LLC
List Price
$399,900
Current Estimated Value
$531,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$262,500
Outstanding Balance
$205,538
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$326,026

Purchase Details

Closed on
Jul 15, 2011
Sold by
Massman Leona F H
Bought by
Huskins Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,824
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Li Longmei $350,000 --
Huskins Kevin $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Longmei $262,500
Previous Owner Huskins Kevin $338,824
Previous Owner Massman Leona F $25,523
Previous Owner Massman Leona F $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold -- -- --
05/31/2015 05/31/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $399,900 -- $103 / 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 $3,554 $35,000 $15,930 $19,070
2023 $4,604 $35,000 $12,750 $22,250
2022 $4,484 $35,000 $12,750 $22,250
2021 $4,165 $35,000 $12,750 $22,250
2020 $4,135 $35,000 $12,750 $22,250
2019 $4,251 $35,000 $10,200 $24,800
2018 $3,969 $35,000 $10,200 $24,800
2017 $3,969 $35,000 $10,200 $24,800
2016 $3,892 $35,000 $10,200 $24,800
2015 $3,656 $32,500 $10,200 $22,300
2014 $3,656 $32,500 $10,200 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2009725

APN: 0820023368