NOT LISTED FOR SALE

4628 Rye St Metairie, LA 70006

Clearview-Transcontinental Neighborhood

Estimated Value: $1,647,956

-- Bed
-- Bath
11,858 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 11, 2018

Current estimated payment $9,284/month

87 Days on Market

Highlights

  • 0.86 Acre Lot
  • Metairie Academy For Advanced Studies Rated A-
  • Accessibility Features

About This Home

As of December 2018

Former Restaurant for sale. This 11,858 sf building sits on 37,499 sf of land including 72 parking spaces. Renovated in 2004 the first-floor area contains 6,028 sf and the second-floor area contains 5,830 sf.

Located two blocks from Clearview Pkwy and Veterans Blvd. Signage is visible from the Clearview I-10 interchange.

Business nor FF&E are included in the sale.

Please contact agent for additional information.

Last Listed By

Matt Eaton

Southeast Commercial of MS, LLC License #000072493 Listed on: 08/15/2018

Southeast Commercial of MS, LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 2002

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 250' x 156.16'
  • Zoning described as BC2

Parking

  • Parking Lot

Home Design

  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 11,858 Sq Ft Home
  • Property has 2 Levels

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Pontchartrain Gardens Subdivision

Listing and Financial Details

  • Tax Lot 7-11
  • Assessor Parcel Number 700064628RyeST7-11

Property Details

Property Type

Other

Est. Annual Taxes

$1,759

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size Acres: 0.86
  • Lot Size: 250' x 156.16'
  • Co List Office Mls Id: RMCB01
  • Co List Office Phone: (504) 838-0001
  • Subdivision Name: Pontchartrain Gardens
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office, Retail
  • Year Built Details: 55
  • Year Built: 2002
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 11858.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1 to 5 Acres, City Lot
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700064628RyeST7-11
  • Zoning Description: BC2
  • Zoning: BC2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 7-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2018
Closed on
Dec 10, 2018
Sold by
Mt Investments Two Llc
Bought by
G S E A Holdings Llc
Seller's Agent
Matt Eaton
Southeast Commercial of MS, LLC
Buyer's Agent
Jason Boyle
Jolie Orleans Realty, LLC
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Total Days on Market
87
Current Estimated Value
$1,647,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,956
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,360,000
Interest Rate
4.8%
Mortgage Type
New Conventional

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
G S E A Holdings Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G S E A Holdings Llc $1,549,000
Closed G S E A Holdings Llc $1,360,000
Previous Owner Mt Investments Two Llc $1,000,000
Previous Owner Gregmj Llc A Limited Liability Company $2,000,000
Previous Owner Gregmj Llc $200,000
Previous Owner Gregmj Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold -- -- --
11/11/2018 11/11/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $1,600,000 -- $135 / 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 $1,759 $310,590 $73,710 $236,880
2023 $21,395 $162,640 $73,710 $88,930
2022 $20,836 $162,640 $73,710 $88,930
2021 $19,353 $162,640 $73,710 $88,930
2020 $19,214 $162,640 $73,710 $88,930
2019 $19,753 $162,640 $73,710 $88,930
2018 $15,228 $134,290 $45,360 $88,930
2017 $15,228 $134,290 $45,360 $88,930
2016 $14,933 $134,290 $45,360 $88,930
2015 $13,818 $122,850 $42,000 $80,850
2014 $13,818 $122,850 $42,000 $80,850
Source: Public Records

Agents Affiliated with this Home

  • Matt Eaton

    Seller's Agent in 2018

    Matt Eaton

    Southeast Commercial of MS, LLC

    (504) 339-2136

    1 in this area

    29 Total Sales

    Matt Eaton
    Section Image
  • Richard Juge

    Seller Co-Listing Agent in 2018

    Richard Juge

    RE/MAX Commercial Brokers,Inc.

    (504) 212-7667

    3 Total Sales

    Richard Juge
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Boyle

    Jolie Orleans Realty, LLC

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2169156

APN: 0820005695

Louisiana Jefferson Parish Metairie 70006 Clearview-Transcontinental

4628 Rye St, Metairie, LA

Homes for Sale in Metairie, LA

This home is located at 4628 Rye St, Metairie, LA 70006 since 15 August 2018 and is currently estimated at $1,647,956, approximately $138 per square foot. This property was built in 2002. 4628 Rye St is a home located in Jefferson Parish with nearby schools including Phoebe Hearst School, Metairie Academy For Advanced Studies, and John Q. Adams Middle School.

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