NOT LISTED FOR SALE

708 N Elm St Metairie, LA 70003

Estimated Value: $294,000 - $541,000

16 Beds
8 Baths
6,800 Sq Ft
$61/Sq Ft Est. Value

Last Sold April 16, 2021

Current estimated payment $2,271/month

67 Days on Market

Highlights

  • Central Heating and Cooling System
  • Property is in very good condition
  • Rectangular Lot
  • Airline Park Academy For Advanced Studies Rated A

About This Home

As of April 2021

Fantastic investment opportunity to own 8 doors. 708 must be sold with 712 N Elm, no exceptions. All offers must be pre-approved and buyer must have proof of funds. Fully occupied with long-term tenants. All units are well maintained by owner on a daily basis.
708 tenants pay water, 712 owner pays water. Individually metered for electric.

Last Agent to Sell the Property

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186 Listed on: 01/08/2021

Co-Listed By

Jason Delatte

Wurth Real Estate Services License #995704501

Last Buyer's Agent

Beverly Rambo

Homesmart Realty South License #000015702

Homesmart Realty South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $844

Lot Details

  • Lot Dimensions are 100x100
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,800 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units
  • East Bank Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 14-15
  • Assessor Parcel Number 70003708-712NELMST14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$844

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 100x100
  • Co List Office Mls Id: AXRG01
  • Co List Office Phone: (504) 336-3000
  • Subdivision Name: East Bank
  • Directions: David Drive to Airline, turn right onto N Elm
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 46
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Living Area: 6800.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

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

Lot Info

  • Parcel #: 70003708-712NELMST14
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 14-15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Apr 16, 2021
Sold by
Terrebonne Patricia and Lowenhaupt Jake B
Bought by
Le Cam T and Nguyen Hung V
Seller's Agent
BRYCE DANNA-MARULLO
Bridgewater Realty Advisors, LLC
Buyer's Agent
Beverly Rambo
Homesmart Realty South
List Price
$520,000
Current Estimated Value
$416,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.84%
Original Mortgage
$364,000
Outstanding Balance
$328,648
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$87,653
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
Le Cam T $520,888 True Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Cam T $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold -- -- --
03/17/2021 03/17/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $520,000 -- $76 / 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 $844 $24,700 $3,600 $21,100
2023 $3,126 $24,700 $3,600 $21,100
2022 $3,041 $24,700 $3,600 $21,100
2021 $2,822 $24,700 $3,600 $21,100
2020 $1,642 $14,480 $3,600 $10,880
2019 $1,408 $12,070 $3,600 $8,470
2018 $1,311 $12,070 $3,600 $8,470
2017 $1,311 $12,070 $3,600 $8,470
2016 $1,284 $12,070 $3,600 $8,470
2015 $1,311 $12,200 $3,200 $9,000
2014 $1,311 $12,200 $3,200 $9,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    BRYCE DANNA-MARULLO

    Bridgewater Realty Advisors, LLC

    (504) 301-5583

    4 in this area

    41 Total Sales

    BRYCE DANNA-MARULLO
    Section Image
  • Jason Delatte

    Seller Co-Listing Agent in 2021

    Jason Delatte

    Wurth Real Estate Services

    (504) 444-9606

    6 in this area

    54 Total Sales

    Jason Delatte
    Section Image
  • Beverly Rambo

    Buyer's Agent in 2021

    Beverly Rambo

    Homesmart Realty South

    (504) 908-7653

    1 in this area

    97 Total Sales

    Beverly Rambo
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2280383

APN: 0910010789

Louisiana Jefferson Parish Metairie 70003

708 N Elm St, Metairie, LA

This home is located at 708 N Elm St, Metairie, LA 70003 since 08 January 2021 and is currently estimated at $416,301, approximately $61 per square foot. 708 N Elm St is a home located in Jefferson Parish with nearby schools including Ralph J Bunche Elementary, Airline Park Academy For Advanced Studies, and T.H. Harris Middle School.

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