Seller's Agent in 2024
GiGi Burk
Burk Brokerage, LLC
(504) 416-2244
21 in this area
432 Total Sales
3121 47th St Metairie, LA 70001
Old Metairie NeighborhoodEstimated Value: $39,000 - $431,000
3
Beds
2
Baths
1,550
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Cottage
- Central Heating and Cooling System
- Rectangular Lot
- Metairie Academy For Advanced Studies Rated A-
- Property is in very good condition
- Property has 1 Level
About This Home
As of August 2024Charming Cottage PLUS a detached apartment/mother-in-law suite! Move right into this recently updated property, and immediately start offsetting your living expenses with rental income (currently $1,200/month) from the detached apartment! Or, add this to your portfolio and rent BOTH units to benefit from strong rents and continued growth in the Old Metairie area! Located just a few blocks from lively shopping, dining, and entertainment options along Metairie Road, this property offers both convenience and privacy with separate driveways, separate electric & gas meters, and private fenced yards for each unit. Inside, both units have hardwood floors, new appliances, and numerous recent upgrades, including a renovated kitchen with marble countertops, an updated bathroom, fresh paint throughout, and more in the main house, and plumbing updates, new exterior siding, fresh paint throughout, and new ductwork in the detached apartment. With easy access to the interstate, commuting anywhere in the city is a breeze. Don't miss this opportunity in Flood Zone X!
Last Agent to Sell the Property
Burk Brokerage, LLC License #000051897 Listed on: 06/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,865
Year Built
- Built in 1960
Lot Details
- 5,759 Sq Ft Lot
- Lot Dimensions are 48 x 120
- Rectangular Lot
- Property is in very good condition
Home Design
- Duplex
- Cottage
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
Interior Spaces
- 1,550 Sq Ft Home
- Property has 1 Level
- Laundry in Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Additional Features
- City Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 0820019883
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Aug 23, 2024
Sold by
Labasse Brett Joseph
Bought by
Kearney Suzanne Marie
Seller's Agent
GiGi Burk
Burk Brokerage, LLC
Buyer's Agent
Brandy Dufrene
RE/MAX Affiliates
List Price
$395,000
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.35%
Purchase Details
Closed on
Sep 11, 2020
Sold by
Franzese Sara Gagnard and Franzese Joseph G
Bought by
Labasse Brett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 2016
Sold by
Degeorge Suzanne and Gagnard Russell J
Bought by
Gagnard Sara and Franzese Joseph G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,271
Interest Rate
4.01%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 27, 2014
Sold by
Causeway Veterinary Investment
Bought by
Degeorge Suzanne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kearney Suzanne Marie | $40,000 | None Listed On Document | |
| Labasse Brett | $325,000 | Bayou Title Inc | |
| Gagnard Sara | $220,000 | Four Points Title Llc | |
| Degeorge Suzanne | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Labasse Brett | $276,250 | |
| Previous Owner | Gagnard Sara | $190,271 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | -- | -- | -- |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | Price Changed | $379,000 | -4.1% | $245 / Sq Ft |
| 06/19/2024 06/19/24 | For Sale | $395,000 | -- | $255 / Sq Ft |
Source: ROAM MLS
Tax History Compared to Growth
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 | $1,865 | $30,880 | $9,210 | $21,670 |
| 2023 | $3,076 | $30,880 | $8,850 | $22,030 |
| 2022 | $3,956 | $30,880 | $8,850 | $22,030 |
| 2021 | $3,674 | $30,880 | $8,850 | $22,030 |
| 2020 | $2,681 | $22,690 | $8,850 | $13,840 |
| 2019 | $2,672 | $22,000 | $8,850 | $13,150 |
| 2018 | $1,644 | $22,000 | $8,850 | $13,150 |
| 2017 | $2,495 | $22,000 | $8,850 | $13,150 |
| 2016 | $2,446 | $22,000 | $8,850 | $13,150 |
| 2015 | $2,047 | $17,500 | $8,850 | $8,650 |
| 2014 | $2,047 | $18,200 | $8,850 | $9,350 |
Source: Public Records
Agents Affiliated with this Home
-
GiGi Burk
-
Brandy Dufrene
B
Buyer's Agent in 2024
Brandy Dufrene
RE/MAX
(504) 330-2963
6 in this area
285 Total Sales
Map
Source: ROAM MLS
MLS Number: 2454515
APN: 0820019883
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