NOT LISTED FOR SALE

Estimated Value: $487,000 - $537,000

8 Beds
4 Baths
3,600 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 09, 2024

Current estimated payment $2,894/month

65 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property is in very good condition
  • Metairie Academy For Advanced Studies Rated A-

About This Home

As of January 2024

Great investment opportunity in the heart of Metairie at the Yale Street Apartments! This fully occupied building includes four two story units each with two bedrooms and one bath at an average of 900 square feet. There are separate utility meters for each unit, washer/dryer hookups, and plenty of off-street parking available for tenants. Apartments are conveniently located at the intersection of Clearview Parkway and Veterans Memorial Blvd near the new Ochsner Medical Complex on Clearview and a short drive to Lakeside Shopping Center. Five other fourplexes in the complex are available for sale and can be purchased individually or as a package deal.

Last Agent to Sell the Property

Amanda Lewis

Axis Realty Group LLC License #NOM:995697313 Listed on: 09/20/2023

Last Buyer's Agent

Sarah Rieger

Realty One Group Immobilia License #NOM:995692848

Realty One Group Immobilia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 51 x 155
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0820007200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$903

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: LOT 7 SQ 7 SEC C UNIT 2 PONTCHARTRAIN GARDENS
  • Lp Amt Sq Ft: 154.14
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 1970
  • Age: 50
  • Age Description: Resale
  • Age Description 2: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Estimated Living Area: 3600
  • Total Sq Ft: 3600

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • Foundation: Slab
  • Roof Type: Other, Shingle

Garage/Parking

  • Car Storage: Off Street Parking
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 7
  • Lot Size: 51 x 155
  • Parcel #: 0820007200

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Rent All Units: 3700
  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Jan 10, 2024
Sold by
Mpire Properties Llc
Bought by
Sacco Paul
Seller's Agent
Amanda Lewis
Axis Realty Group LLC
Buyer's Agent
Sarah Rieger
Realty One Group Immobilia
List Price
$589,000
Views
53
Current Estimated Value
$514,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$360,000
Outstanding Balance
$355,579
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$150,369
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
Sacco Paul $480,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sacco Paul $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold -- -- --
11/24/2023 11/24/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $554,900 -2.5% $154 / Sq Ft
10/05/2023 10/05/23 Price Changed $569,000 -3.4% $158 / Sq Ft
09/20/2023 09/20/23 For Sale $589,000 -- $164 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $903 $45,600 $8,650 $36,950
2023 $3,032 $23,050 $8,650 $14,400
2022 $2,953 $23,050 $8,650 $14,400
2021 $3,159 $26,550 $8,650 $17,900
2020 $3,137 $26,550 $8,650 $17,900
2019 $3,033 $24,970 $6,920 $18,050
2018 $2,832 $24,970 $6,920 $18,050
2017 $2,832 $24,970 $6,920 $18,050
2016 $2,777 $24,970 $6,920 $18,050
2015 $2,838 $25,230 $5,540 $19,690
2014 $2,838 $25,230 $5,540 $19,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2414761

Gulf South Real Estate Information Network

APN: 0820007200