NOT LISTED FOR SALE

Estimated Value: $308,204 - $373,000

1 Bed
1 Bath
1,788 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 13, 2020

Current estimated payment $1,868/month

Highlights

  • Window Unit Cooling System
  • Accessibility Features
  • Property is in very good condition
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of February 2021

Located just off of Veterans Memorial Blvd, in the Bonnabel Place area of Metairie, LA, 723 Aurora offers privacy, but is also conveniently located less than 10 minutes from the CBD, with easy access to I-10. Lease Structure - Modified Gross (MG)

The property includes two commercially zoned buildings.

The primary structure is approx. 850 square feet and includes semi-private offices, a reception, and a back room for potential conference room or office.
The auxiliary structure is approx. 963 square feet of space that includes a kitchen and conditioned garage.

This listing represents the offering to lease just the primary structure @ $1695/month (MG).

The site provides off-street parking via gravel driveway.

Need advance notice to show!

Last Agent to Rent the Property

Crystal Berry

TAG Realty LLC License #000056026 Listed on: 09/10/2020

Last Renter's Agent

Tammy Mercier

Riverlands Realty LLC License #099563678

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $743

Year Built

  • 2008

Lot Details

  • Lot Dimensions are 50 x 162
  • Rectangular Lot
  • Property is in very good condition
  • The community has rules related to zoning restrictions
  • Zoning described as C-1

Home Design

  • Raised Foundation
  • Aluminum Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Security Deposit $2,495
  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 70005723AuroraAV

Property Details

Property Type

Other

Est. Annual Taxes

$743

Year Built

2008

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service
  • Security Deposit: 2495.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Lot Size: 50 X 162
  • Directions: Traveling East on Veterans, take a right on Aurora Avenue
  • Carport Y N: Yes
  • Year Built Details: 50
  • Property Sub Type Additional: Office,Retail
  • Special Features: None
  • Year Built (Public Record): 2008

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Insurance, Taxes
  • Accessibility Features: Accessibility Features
  • Living Area: 1788.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Aluminum Siding
  • Foundation Details: Raised
  • Property Condition: Very Good Condition

Garage/Parking

  • Parking Features: Carport, Three or more Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70005723AuroraAV
  • Zoning Description: C-1
  • Zoning: C-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Aug 13, 2020
Sold by
Metairie Homebuyer Llc
Bought by
Daye D Hilbert Attorney At Law Llc
Seller's Agent
Matt Eaton
Southeast Commercial of MS, LLC
Buyer's Agent
Daye Hilbert
Lakeshore Realty
List Price
$325,000
Current Estimated Value
$340,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$220,800
Outstanding Balance
$196,744
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$143,858

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 17, 2020
Sold by
The Duggins Law Firm
Bought by
Metairie Homebuyer Llc
Seller's Agent
Shaun McCarthy
McCarthy Group REALTORS
Buyer's Agent
Matt Eaton
Southeast Commercial of MS, LLC
List Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.25%
Original Mortgage
$196,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 30, 2014
Closed on
May 29, 2015
Sold by
Corcoran Rene C
Bought by
The Duggins Law Firm
Seller's Agent
Wendy Hinyub
KELLER WILLIAMS REALTY 455-0100
Buyer's Agent
SKYE PRICE
LATTER & BLUM (LATT28)
List Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$168,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Daye D Hilbert Attorney At Law Llc $276,000 Homestead Title Company Llc
Metairie Homebuyer Llc $245,000 Title Stream Llc
The Duggins Law Firm $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daye D Hilbert Attorney At Law Llc $220,800
Previous Owner Metairie Homebuyer Llc $196,000
Previous Owner The Duggins Law Firm $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Rented $1,675 -1.2% --
08/08/2024 08/08/24 Price Changed $1,695 +5.9% $2 / Sq Ft
03/05/2024 03/05/24 For Rent $1,600 -28.9% --
02/26/2021 02/26/21 Rented $2,250 -9.8% --
01/27/2021 01/27/21 Under Contract -- -- --
09/10/2020 09/10/20 For Rent $2,495 0.0% --
08/13/2020 08/13/20 Sold -- -- --
07/14/2020 07/14/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $325,000 +30.5% $182 / Sq Ft
01/17/2020 01/17/20 Sold -- -- --
12/18/2019 12/18/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $249,000 -4.2% $139 / Sq Ft
05/29/2015 05/29/15 Sold -- -- --
04/29/2015 04/29/15 Pending -- -- --
11/30/2014 11/30/14 For Sale $260,000 -- $304 / 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 $743 $30,290 $6,290 $24,000
2023 $3,985 $30,290 $6,290 $24,000
2022 $3,880 $30,290 $6,290 $24,000
2021 $3,604 $30,290 $6,290 $24,000
2020 $3,578 $30,290 $6,290 $24,000
2019 $3,679 $30,290 $6,290 $24,000
2018 $3,435 $30,290 $6,290 $24,000
2017 $3,435 $30,290 $6,290 $24,000
2016 $3,368 $30,290 $6,290 $24,000
2015 $1,611 $14,320 $6,290 $8,030
2014 $1,611 $14,320 $6,290 $8,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2268735

APN: 0820007666