NOT LISTED FOR SALE

Estimated Value: $840,000

-- Bed
-- Bath
10,948 Sq Ft
$77/Sq Ft Est. Value

Last Sold December 15, 2023

Current estimated payment $4,958/month

389 Days on Market

About This Home

As of December 2023

Professionally maintained two story walk up office building in prime Metairie location. Building is 100% leased with multi year leases in place. Recent renovations include HVAC, flooring, buildouts, paint and much more. Building has had on site management since 2006 including surveillance cameras with remote access. Building is within walking distance to new Clearview Center which will feature the new Oschner Super Clinic & multi million dollar live/work transformation.

Last Listed By

Christopher Falk

Falk Realty Group License #000042547 Listed on: 09/24/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Corner Lot
  • The community has rules related to zoning restrictions
  • Zoning described as GO-1

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10,948 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Community Details

  • Common Area

Listing and Financial Details

  • The owner pays for all utilities, insurance, janitorial service, taxes
  • Tax Lot 26
  • Assessor Parcel Number 700064401NI-10ServiceRD

Property Details

Property Type

Other

Est. Annual Taxes

$3,606

Year Built

Built in 2006 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 19,920
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office
  • Year Built Details: 51
  • Year Built: 2006
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Owner Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Living Area: 10948.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Construction Type: Brick
  • Property Condition: Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 700064401NI-10ServiceRD
  • Zoning Description: GO-1
  • Zoning: GO-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Dec 15, 2023
Sold by
Falk Holdings Llc
Bought by
Ab & Ld Properties Llc
Seller's Agent
Christopher Falk
Falk Realty Group
Buyer's Agent
Simonne Duet
LALLA Real Estate, LLC
List Price
$1,650,000
Sold Price
$1,258,000
Premium/Discount to List
-$392,000
-23.76%
Total Days on Market
389
Views
43
Current Estimated Value
$840,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$418,000
Avg. Annual Appreciation
-25.22%
Original Mortgage
$1,092,250
Outstanding Balance
$1,080,173
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$240,173

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
Ab & Ld Properties Llc $1,258,000 Delta Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ab & Ld Properties Llc $1,092,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold -- -- --
10/18/2023 10/18/23 Pending -- -- --
10/02/2023 10/02/23 Price Changed $1,395,000 -12.5% $127 / Sq Ft
03/09/2023 03/09/23 Price Changed $1,595,000 -3.3% $146 / Sq Ft
09/24/2022 09/24/22 For Sale $1,650,000 -- $151 / 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 $3,606 $150,060 $69,720 $80,340
2023 $23,063 $175,320 $69,720 $105,600
2022 $22,460 $175,320 $69,720 $105,600
2021 $20,861 $175,320 $69,720 $105,600
2020 $20,712 $175,320 $69,720 $105,600
2019 $21,042 $173,260 $67,660 $105,600
2018 $19,648 $173,260 $67,660 $105,600
2017 $19,648 $173,260 $67,660 $105,600
2016 $19,267 $173,260 $67,660 $105,600
2015 $18,925 $168,250 $62,650 $105,600
2014 $18,925 $168,250 $62,650 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2365355

APN: 0820038756