Seller's Agent in 2024
Emily Haynie Ferraro
KELLER WILLIAMS REALTY 455-0100
(504) 430-6004
26 in this area
90 Total Sales
316 N Elm St Metairie, LA 70003
Estimated Value: $191,451 - $208,000
4
Beds
2
Baths
1,540
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Ductless Heating Or Cooling System
- Energy-Efficient Windows
- Rectangular Lot
- Airline Park Academy For Advanced Studies Rated A
- Property is in very good condition
- Wall Furnace
About This Home
As of May 2024NEW ROOF (2022) - NEW WINDOWS (2020) - NEW Ductless HVAC Units (2020) - Each Unit has Private Washer/Dryer Hookups -- Low Flood Insurance ($750/year in AE Flood Zone) - Long-Term Tenants on Month-To-Month Leases on Both Sides -- Current Rents: $1700/month // Market Rents: $2000/month -- Current Cash on Cash Return: 10.4% // Potential Cash on Cash Return: 12.2% - Zoning is RR3 per Jefferson Parish
Last Agent to Sell the Property
KELLER WILLIAMS REALTY 455-0100 License #912124532 Listed on: 02/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,457
Year Built
- Built in 1974
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 47x120
- Rectangular Lot
- Property is in very good condition
Home Design
- Duplex
- Entry on the 1st floor
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Asphalt Shingled Roof
Interior Spaces
- 1,540 Sq Ft Home
- Property has 1 Level
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Driveway
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
Additional Features
- Energy-Efficient Windows
- Outside City Limits
Community Details
- 2 Units
- East Bank Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Tax Lot 57A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Jun 6, 2024
Sold by
Diez Steve
Bought by
Garcia Saidy Skarleth
Seller's Agent
Emily Haynie Ferraro
KELLER WILLIAMS REALTY 455-0100
Buyer's Agent
PAMELA BURFORD
1st BMG REALTY, L.L.C.
List Price
$225,000
Views
114
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
-0.67%
Original Mortgage
$170,000
Outstanding Balance
$167,892
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$30,221
Purchase Details
Listed on
Oct 14, 2019
Closed on
Dec 13, 2019
Sold by
Bryant Patrick Owen and Bryant Robin Stieffel
Bought by
Diez Steve
Seller's Agent
Tina Scott
Keller Williams Realty New Orleans
Buyer's Agent
Kelly Caudle
Demand Realty
List Price
$147,200
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$152,042
Interest Rate
3.7%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Garcia Saidy Skarleth | $200,000 | Preservation Title | |
| Diez Steve | $141,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Saidy Skarleth | $170,000 | |
| Previous Owner | Diez Steve | $152,042 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | -- | -- | -- | |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- | |
| 04/03/2024 04/03/24 | Price Changed | $197,000 | -12.4% | $128 / Sq Ft | |
| 02/23/2024 02/23/24 | For Sale | $225,000 | +52.9% | $146 / Sq Ft | |
| 12/13/2019 12/13/19 | Sold | -- | -- | -- | View Prior Sale |
| 11/13/2019 11/13/19 | Pending | -- | -- | -- | |
| 10/14/2019 10/14/19 | For Sale | $147,200 | -- | $98 / 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 | $1,457 | $15,060 | $3,310 | $11,750 |
| 2023 | $639 | $12,550 | $3,310 | $9,240 |
| 2022 | $1,545 | $12,550 | $3,310 | $9,240 |
| 2021 | $1,434 | $12,550 | $3,310 | $9,240 |
| 2020 | $1,423 | $12,550 | $3,310 | $9,240 |
| 2019 | $1,464 | $12,550 | $3,310 | $9,240 |
| 2018 | $1,363 | $12,550 | $3,310 | $9,240 |
| 2017 | $1,363 | $12,550 | $3,310 | $9,240 |
| 2016 | $1,335 | $12,550 | $3,310 | $9,240 |
| 2015 | $1,363 | $12,680 | $2,950 | $9,730 |
| 2014 | $1,363 | $12,680 | $2,950 | $9,730 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Haynie Ferraro
-
PAMELA BURFORD
Buyer's Agent in 2024
PAMELA BURFORD
1st BMG REALTY, L.L.C.
(504) 343-3376
4 in this area
71 Total Sales
-
Tina Scott
Seller's Agent in 2019
Tina Scott
Keller Williams Realty New Orleans
(504) 450-1114
2 in this area
115 Total Sales
-
K
Buyer's Agent in 2019
Kelly Caudle
Demand Realty
Map
Source: ROAM MLS
MLS Number: 2435567
APN: 0910002332
Nearby Homes