$329,900
Last list price
SOLD AUG 21, 2024 RENTED APR 3, 2025

704 N Elm St Metairie, LA 70003

8 Beds
4 Baths
2,880 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

324 Days on Market

Highlights

  • Window Unit Cooling System
  • Central Heating
  • Fenced
  • Airline Park Academy For Advanced Studies Rated A
  • Rectangular Lot

About This Home

As of August 2024

INVESTMENT OPPORTUNITY! FOUR TWO BEDROOM ONE BATH UNITS WITH LIVING ROOM AND KITCHEN. LAUNDRY SPACE INSIDE ALL UNITS. OFF STREET PARKING AND GREEN SPACE. GREAT LOCATION BY AIRLINE HIGHWAY, WEST METAIRIE AND DAVID DRIVE. SEPARATE ELECTRIC METERS. NEW ROOF AFTER IDA. PROPERTY IS FULLY OCCUPIED. REFRIGERATOR AND STOVE IN UNITS B AND C GO WITH SALE. PROPERTY MAY ALSO AVAILABLE AS A BUNDLE. REFER TO 2416685 AND 2416671. AS-IS - NO REPAIRS - INSPECTIONS FOR INFORMATION PURPOSES ONLY.

Last Agent to Sell the Property

Susan Dwyer

Village Properties License #000043281 Listed on: 10/01/2023

Last Buyer's Agent

Susan Dwyer

Village Properties License #000043281 Listed on: 10/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,849

Year Built

  • Built in 1975

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Fenced
  • Rectangular Lot
  • Property is in average condition

Home Design

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

Interior Spaces

  • 2,880 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,849

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 50 X 120
  • Directions: FROM DAVID GO WEST ON AIRLINE TO N. ELM TAKE A RIGHT. PROPERTY IS SECOND BLOCK ON THE LEFT.
  • Architectural Style: Other
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale,None
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 2880.0
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Off Street, Three or more Spaces

Utilities

  • Laundry Features: Inside
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Aug 22, 2024
Sold by
Adames-Gonzalez Hernan Asuncion
Bought by
Mcentee Kourtney Jean Kurtz and Mcentee Christopher Lee
Seller's Agent
Susan Dwyer
Village Properties
Buyer's Agent
Susan Dwyer
Village Properties
List Price
$344,900
Sold Price
$310,000
Premium/Discount to List
-$34,900
-10.12%
Total Days on Market
324
Views
126
Current Estimated Value
$289,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,088
Avg. Annual Appreciation
-7.85%
Original Mortgage
$232,500
Outstanding Balance
$231,113
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$58,799

Purchase Details

Listed on
Oct 14, 2019
Closed on
Mar 30, 2020
Sold by
Bryant Robin Stieffel and Bryant Patrick Owen
Bought by
Adames and Gonzalez Hernan
Seller's Agent
Tina Scott
Keller Williams Realty New Orleans
Buyer's Agent
Marissa Brown
Snap Realty
List Price
$230,400
Sold Price
$181,000
Premium/Discount to List
-$49,400
-21.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$84,000
Interest Rate
3.4%
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
Bargain Sale Deed $310,000 None Listed On Document
Deed $293,000 Dwyer Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Previous Owner $171,500 New Conventional
Previous Owner $171,500 New Conventional
Previous Owner $84,000 New Conventional
Previous Owner $135,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Rented $1,250 0.0% --
03/21/2025 03/21/25 For Rent $1,250 0.0% --
08/21/2024 08/21/24 Sold -- -- --
04/24/2024 04/24/24 Price Changed $329,900 -4.3% $115 / Sq Ft
10/01/2023 10/01/23 For Sale $344,900 +49.7% $120 / Sq Ft
03/30/2020 03/30/20 Sold -- -- --
02/29/2020 02/29/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $230,400 -- $80 / 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 $3,849 $20,010 $3,600 $16,410
2023 $2,175 $17,190 $3,600 $13,590
2022 $2,116 $17,190 $3,600 $13,590
2021 $1,964 $17,190 $3,600 $13,590
2020 $1,950 $17,190 $3,600 $13,590
2019 $1,481 $12,700 $3,600 $9,100
2018 $1,379 $12,700 $3,600 $9,100
2017 $1,379 $12,700 $3,600 $9,100
2016 $1,351 $12,700 $3,600 $9,100
2015 $1,379 $12,830 $3,200 $9,630
2014 $1,379 $12,830 $3,200 $9,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2415573

APN: 0910002336