NOT LISTED FOR SALE

Estimated Value: $314,000 - $608,000

9 Beds
9 Baths
5,055 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 13, 2015

Current estimated payment $2,997/month

85 Days on Market

Highlights

  • Traditional Architecture
  • 3 Car Attached Garage
  • Property is in very good condition
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of March 2015

Three Units each with 3bdrms and 2+1/2 baths. Each unit has a single car garage, and a private patio. 3707 has an enlarged patio. All bedrooms are upstairs. Master bedroom has two walk-in closets. Good size bdrms. This tri-plex is nestled in the Metairie CBD. Next door to single family homes, walking distance to Grace King High School, and also restaurants, retail stores and Mardi Gras Parades. Two of the units have been updated. All rented.

Last Agent to Sell the Property

Sandra Ward

RE/MAX Living License #000003488 Listed on: 11/17/2014

Last Buyer's Agent

Yung Lau

Pinnacle Realty Advisors License #995686335

Pinnacle Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,489

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 84.34 'x 80' x 84.62' x 71.54'
  • Rectangular Lot
  • Property is in very good condition

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Flat Roof with Façade front

Interior Spaces

  • 5,055 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Grace King High School

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Simone Gardens Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 2-A
  • Assessor Parcel Number 700023707STEFANOST2-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,489

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 84.34 'x 80' x 84.62' x 71.54'
  • Subdivision Name: SIMONE GARDENS
  • Directions: FROM VETERANS GO NORTH ON DIVISION, TURN LEFT ON STEFANO
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 42
  • Year Built: 2012
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Living Area: 5055.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Attached, Garage, Three or more Spaces

Utilities

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

Schools

  • High School: GRACE KING

Lot Info

  • Parcel #: 700023707STEFANOST2-A
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 2-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2014
Closed on
Mar 13, 2015
Sold by
Peggys Bayou Biz Llc
Bought by
Iva Octavia
Seller's Agent
Sandra Ward
RE/MAX Living
Buyer's Agent
Yung Lau
Pinnacle Realty Advisors
List Price
$390,000
Sold Price
$361,000
Premium/Discount to List
-$29,000
-7.44%
Current Estimated Value
$459,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,490
Avg. Annual Appreciation
2.99%
Original Mortgage
$252,700
Outstanding Balance
$195,794
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$294,140
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
Iva Octavia $361,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iva Octavia $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold -- -- --
02/11/2015 02/11/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $390,000 0.0% $77 / Sq Ft
05/31/2012 05/31/12 Rented $1,200 0.0% --
05/01/2012 05/01/12 Under Contract -- -- --
02/18/2012 02/18/12 For Rent $1,200 -- --
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 $21,489 $38,170 $9,740 $28,430
2023 $3,914 $37,250 $9,740 $27,510
2022 $4,772 $37,250 $9,740 $27,510
2021 $4,432 $37,250 $9,740 $27,510
2020 $4,401 $37,250 $9,740 $27,510
2019 $4,384 $36,100 $9,690 $26,410
2018 $3,243 $36,100 $9,690 $26,410
2017 $4,094 $36,100 $9,690 $26,410
2016 $4,014 $36,100 $9,690 $26,410
2015 $2,225 $36,100 $9,690 $26,410
2014 $2,225 $19,780 $9,690 $10,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 1012597

APN: 0820000765