NOT LISTED FOR SALE

Estimated Value: $703,000

33 Beds
24 Baths
16,200 Sq Ft
$43/Sq Ft Est. Value

Last Sold August 01, 2012

Current estimated payment $3,908/month

114 Days on Market

Highlights

  • Elevator
  • Oversized Lot
  • Coin Laundry
  • Metairie Academy For Advanced Studies Rated A-
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of August 2012

24 Unit complex with 15 (1)BR's and 9 (2)BR's. 75% occupied with 11 units newly renovated. New roof & AC compressors since Katrina.

Last Agent to Sell the Property

DAVID REEVES

KELLER WILLIAMS REALTY 455-0100 License #000069522 Listed on: 03/09/2012

KELLER WILLIAMS REALTY 455-0100

Last Buyer's Agent

Skip Weber

LATTER & BLUM COMMERCIAL (LATT02) License #000002628

LATTER & BLUM COMMERCIAL (LATT02)

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $164

Lot Details

  • Lot Dimensions are 100x215
  • Oversized Lot
  • Property is in very good condition

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Flat Roof with Façade front
  • Shingle Roof

Interior Spaces

  • 16,200 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 24 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water
  • Assessor Parcel Number 70001121ATHANIAPK

Community Details

Overview

  • 2 Units

Amenities

  • Coin Laundry
  • Elevator

Property Details

Home Type

Apartment

Est. Annual Taxes

$164

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 100x215
  • Directions: From Severn, go E. on Metairie Road, left on Athania.
  • Architectural Style: Other
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: 40
  • Property Sub Type Additional: Apartment
  • Special Features: RealEstateOwned
  • Stories: 3

Interior Features

  • Owner Pays: Gas, Water
  • Full Bathrooms: 24
  • Total Bedrooms: 33
  • Living Area: 16200.0

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Very Good Condition, Resale
  • Roof: Flat, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Laundry Features: Coin-operated
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator

Lot Info

  • Parcel #: 70001121ATHANIAPK
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2012
Sold by
Homestead Eureka
Bought by
Jeansonne Apartments Llc and Athania Apartments
Current Estimated Value
$703,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Outstanding Balance
$35,179,511
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2012
Sold by
Normand Sheriff Newell D
Bought by
Homestead Eureka
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
Jeansonne Apartments Llc $1,080,000 --
Homestead Eureka $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeansonne Apartments Llc $50,000,000
Previous Owner Lla Athania Place $1,383,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2012 08/01/12 Sold -- -- --
07/02/2012 07/02/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $1,300,000 -- $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 $164 $116,120 $12,900 $103,220
2023 $14,630 $111,210 $12,900 $98,310
2022 $14,247 $111,210 $12,900 $98,310
2021 $13,233 $111,210 $12,900 $98,310
2020 $13,138 $111,210 $12,900 $98,310
2019 $13,117 $108,000 $14,370 $93,630
2018 $12,247 $108,000 $14,370 $93,630
2017 $12,247 $108,000 $14,370 $93,630
2016 $12,010 $108,000 $14,370 $93,630
2015 $12,148 $108,000 $14,370 $93,630
2014 $12,148 $108,000 $14,370 $93,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 906976

APN: 0820031615