$415,000
SOLD JAN 8, 2019
Last list price
12 Beds
8 Baths
4,100 Sq Ft
4,182 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

14 Days on Market

Highlights

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

About This Home

As of March 2021

Great investment opportunity in Metairie! All units stay constantly rented. Washer/Dryer Hook ups in all units. No appliances included in unit #1. Refrigerator and stove are included in units 2, 3 and 4. All measurements to be verified by purchaser.
All offers are to include POF letter or pre-approval letter. Sold as-is with WOR.
Closing to be NO SOONER then 1/2/19

Last Agent to Sell the Property

Sherry Marchese

Pelican State Realty License #995696748 Listed on: 11/24/2018

Last Buyer's Agent

Ming Tang

Prosper Realty License #000007076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,146

Lot Details

  • Lot Dimensions are 53x79
  • Rectangular Lot
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • Property has 2 Levels
  • Washer Hookup

Bedrooms and Bathrooms

  • 12 Bedrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Hessmer Farms Subdivision

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number 700024022HessmerAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,146

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 53x79
  • Subdivision Name: Hessmer Farms
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 42
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 12
  • Living Area: 4100.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Average Condition, Resale
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Lot Info

  • Parcel #: 700024022HessmerAV
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Mar 15, 2021
Sold by
Wu Jia Feng and Li Renmei
Bought by
Reese Alisha Majlio
Seller's Agent
Ping Liu
Margaret Berliner & Associates
Buyer's Agent
Guyon Lewis
Keller Williams Realty New Orleans
List Price
$499,000
Current Estimated Value
$549,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$466,396
Outstanding Balance
$422,814
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$134,692

Purchase Details

Listed on
Nov 24, 2018
Closed on
Jan 8, 2019
Sold by
Imsirovic Amra Cvork and Imsirovic Muhamed
Bought by
Li Renmei and Wu Jia Feng
Seller's Agent
Sherry Marchese
Pelican State Realty
Buyer's Agent
Ming Tang
Prosper Realty
List Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$279,200
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 23, 2007
Sold by
Zahn Joshua
Bought by
Imsirovic Muhamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cash Sale Deed $475,000 Title Management Group Inc
Deed $383,000 Bayou Title Inc
Warranty Deed $300,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,396 FHA
Previous Owner $279,200 Adjustable Rate Mortgage/ARM
Previous Owner $203,500 New Conventional
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold -- -- --
02/13/2021 02/13/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $499,000 +20.2% $122 / Sq Ft
01/08/2019 01/08/19 Sold -- -- --
12/09/2018 12/09/18 Pending -- -- --
11/24/2018 11/24/18 For Sale $415,000 -- $101 / 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 $2,146 $45,130 $6,000 $39,130
2023 $5,937 $45,130 $6,000 $39,130
2022 $5,782 $45,130 $6,000 $39,130
2021 $5,370 $45,130 $6,000 $39,130
2020 $4,299 $36,390 $6,000 $30,390
2019 $4,420 $36,390 $6,000 $30,390
2018 $2,219 $19,570 $6,000 $13,570
2017 $2,219 $19,570 $6,000 $13,570
2016 $2,176 $19,570 $6,000 $13,570
2015 $2,224 $19,770 $6,000 $13,770
2014 $2,224 $19,770 $6,000 $13,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2181841

APN: 0820004919