NOT LISTED FOR SALE

408 Severn Ave Unit A Metairie, LA 70001

Metairie Terrace Neighborhood

Estimated Value: $397,333 - $522,000

2 Beds
1.5 Baths
1,286 Sq Ft
$350/Sq Ft Est. Value

Highlights

  • Granite Countertops
  • Storm Windows
  • Dogs Allowed
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of November 2019

DOWNSTAIRS FLAT UNIT that was renovated in the last 5 yrs., Granite Countertops in the Kitchen, Updated Bathrooms, extra large utility room with plenty of storage space, No Carpet except for 2nd Bedroom, Fenced in Private backyard, and a Great Location with easy access to I-10, Causeway, and New Orleans Business District. Only small dog under 15#with a $300 NON-REFUNDABLE Deposit.

Last Agent to Rent the Property

TARA RYAN

Riverside Realty, Inc. License #995680348 Listed on: 11/20/2019

Last Renter's Agent

TARA RYAN

Riverside Realty, Inc. License #995680348 Listed on: 11/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $410

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 48 x 96
  • Rectangular Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,286 Sq Ft Home
  • 2-Story Property
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Pet Deposit $300
  • Dogs Allowed
  • Breed Restrictions

Listing and Financial Details

  • Security Deposit $1,200
  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 70001408SEVERNAVA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$410

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Security Deposit: 1200.0
  • Pet Deposit: 300.0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Lot Size: 48 X 96
  • Directions: AIRLINE HWY TO SEVERN AVE. AND HOUSE APPROX. 2 BLOCKS DOWN ON LEFT
  • Year Built Details: 35
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Granite Counters
  • Living Area: 1286.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Driveway, Three or more Spaces

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, Pet Restrictions

Lot Info

  • Parcel #: 70001408SEVERNAVA
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Lancaster Regina Gorrondona and Lancaster Philip Andrew
Bought by
Muhsin Daniel J
Current Estimated Value
$449,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$288,069
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$173,913

Purchase Details

Listed on
Jan 8, 2015
Closed on
Nov 21, 2014
Sold by
Palmyra Electrical Contractors
Bought by
Lancaster Philip A
Seller's Agent
TARA RYAN
Riverside Realty, Inc.
Buyer's Agent
TARA RYAN
Riverside Realty, Inc.

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2008
Sold by
Trinchard Melba
Bought by
Palmyra Electrical Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Buyer Sale Price Title Company
Muhsin Daniel J $365,000 Crescent Title
Lancaster Philip A $240,000 --
Palmyra Electrical Contractors $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhsin Daniel J $292,000
Previous Owner Lancaster Philip A $235,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Rented $1,300 0.0% --
12/12/2022 12/12/22 For Rent $1,300 +8.3% --
11/20/2019 11/20/19 For Rent $1,200 +4.3% --
11/20/2019 11/20/19 Rented $1,150 -4.2% --
08/05/2016 08/05/16 For Rent $1,200 0.0% --
08/05/2016 08/05/16 Rented $1,200 0.0% --
01/08/2015 01/08/15 For Rent $1,200 0.0% --
01/08/2015 01/08/15 Rented $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 $410 $34,670 $6,520 $28,150
2023 $2,282 $24,850 $6,520 $18,330
2022 $3,184 $24,850 $6,520 $18,330
2021 $2,957 $24,850 $6,520 $18,330
2020 $2,936 $24,850 $6,520 $18,330
2019 $2,915 $24,000 $5,220 $18,780
2018 $1,871 $24,000 $5,220 $18,780
2017 $2,722 $24,000 $5,220 $18,780
2016 $2,669 $24,000 $5,220 $18,780
2015 $2,399 $24,000 $5,220 $18,780
2014 $2,399 $21,330 $5,220 $16,110
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2022

    TARA RYAN

    Riverside Realty, Inc.

    (985) 307-1208

    1 in this area

    53 Total Sales

    TARA RYAN
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Map

Source: ROAM MLS

MLS Number: 2231675

APN: 0820003529

Louisiana Jefferson Parish Metairie 70001 Metairie Terrace

408 Severn Ave Unit A, Metairie, LA

This home is located at 408 Severn Ave Unit A, Metairie, LA 70001 since 20 November 2019 and is currently priced at $449,833. This property was built in 1984. 408 Severn Ave Unit A is a home located in Jefferson Parish with nearby schools including Ella Dolhonde Elementary School, Metairie Academy For Advanced Studies, and Riverdale High School.

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