$2,595,000
SOLD OCT 4, 2024
Last list price
34 Beds
31 Baths
22,487 Sq Ft
0.59 Acres

Recently Sold

$115 Per Sq Ft

3 Days on Market

Highlights

  • 0.59 Acre Lot
  • Traditional Architecture
  • Rectangular Lot
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2024

Unique opportunity to purchase a 31-unit multifamily complex in the heart of Bucktown in Metairie.

The property consists of 3 buildings comprised of a majority 1Bed/1 Bath with a mix of 2 Bed/1 Bath apartments. The complex is currently 100% leased and includes amenities such as gated complex with call box, laundry room, patio area, and ample parking for its residents.

Last Agent to Sell the Property

Richard Juge

RE/MAX Commercial Brokers,Inc. License #000031432 Listed on: 06/24/2024

RE/MAX Commercial Brokers,Inc.

Last Buyer's Agent

Allen Leone

LEONE GNO REALTY LLC License #000027297

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1978

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 100 x 252.9
  • Rectangular Lot
  • Property is in average condition

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Interior Spaces

  • 22,487 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 31 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0820022106

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,863

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5877
  • Lot Size: 100 X 252.9
  • Architectural Style: Traditional
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 31
  • Total Bedrooms: 34
  • Living Area: 22487.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick, Cedar
  • Foundation Details: Slab
  • Property Condition: Average Condition
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Lot Info

  • Parcel #: 0820022106
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 26, 2024
Sold by
St Paul Nicole R Louvier
Bought by
Artwalk Bucktown Llc
Seller's Agent
Richard Juge
RE/MAX Commercial Brokers,Inc.
Buyer's Agent
Allen Leone
LEONE GNO REALTY LLC
List Price
$2,595,000
Views
8
Current Estimated Value
$2,221,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 23, 2024
Sold by
St Paul Nicole R Louvier and Marciante Candice A
Bought by
Artwalk Bucktown Llc
Seller's Agent
Richard Juge
RE/MAX Commercial Brokers,Inc.
Buyer's Agent
Allen Leone
LEONE GNO REALTY LLC
List Price
$2,595,000
Views
8

Purchase Details

Closed on
Feb 21, 2022
Sold by
Luvier Joseph C
Bought by
Jcl Family Trust
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 Type Sale Price Title Company
Bargain Sale Deed $2,200,000 None Listed On Document
Bargain Sale Deed $2,200,000 None Listed On Document
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $920,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold -- -- --
06/28/2024 06/28/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $2,595,000 -- $115 / 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 $2,863 $129,280 $28,670 $100,610
2023 $15,837 $120,390 $24,570 $95,820
2022 $15,423 $120,390 $24,570 $95,820
2021 $14,325 $120,390 $24,570 $95,820
2020 $14,223 $120,390 $24,570 $95,820
2019 $13,821 $113,800 $22,540 $91,260
2018 $12,905 $113,800 $22,540 $91,260
2017 $12,905 $113,800 $22,540 $91,260
2016 $12,655 $113,800 $22,540 $91,260
2015 $12,312 $109,460 $22,540 $86,920
2014 $12,312 $109,460 $22,540 $86,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2455210

APN: 0820022106