28 days on rocket

Sale Pending

316 N Elm St, Metairie, LA, 70003

$197,000

Home List Price

$2,339*

Closing Credit

4 Bedrooms
2 Full Baths
1,540 SqFt
$128/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

316 N Elm St, Metairie$197,000

Buyer Closing Credits

$2,339*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street
Year Built1974
HeatingDuctless, Wall Furnace
CoolingDuctless, Wall Unit(s)
MLS #2435567
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 316 N Elm St

NEW ROOF (2022) - NEW WINDOWS (2020) - NEW Ductless HVAC Units (2020) - Each Unit has Private Washer/Dryer Hookups -- Low Flood Insurance ($750/year in AE Flood Zone) - Long-Term Tenants on Month-To-Month Leases on Both Sides -- Current Rents: $1700/month // Market Rents: $2000/month -- Current Cash on Cash Return: 10.4% // Potential Cash on Cash Return: 12.2% - Zoning is RR3 per Jefferson Parish

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,540 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Emily Haynie
  • Agent Phone: (504) 430-6004

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Wall Furnace
  • Cooling: Ductless, Wall Unit(s)

School Info

Assigned Schools Information:

  • East Jefferson High School, Public District Grades 9-12
  • T.H. Harris Middle School, Public District Grades 6-8
  • Green Park Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $197,000
  • Price Per SqFt: $128/SqFt

Tax Information:

  • Annual Amount: $573
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Metairie, LA.

Map thumbnail provided by MapBox

Metairie, LA

City

Med. Sold Price

$314.2K

Med. Price/SqFt

$178

Avg. Days On Market

54

# of Sold Homes

119

316 N Elm St vs Metairie

28 DAYS ON ROCKET

-26 Days

$197,000

-$117.2K Less

$128/SqFt

-$50 Less

KEY TAKEAWAY

This property is $117.2K less than the Median Sold Price and $50/SqFt less than other homes in Metairie, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2435567

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Emily Haynie
  • Agent Phone: (504) 430-6004

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 17, 2019Home Sold
$141,500

Tax History

YEARPROP. TAXASSESSMENT
2020$573$12,550
2019$1,463$12,550
2018$1,363$12,550
2017$1,363$12,550

History based on county public records data.

Payment Calculator

$1,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$657

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4363143
6
/10

  • Green Park Elementary School

  • 1409 N Upland Ave

  • 0.84 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4363144
2
/10

  • T.H. Harris Middle School

  • 911 Elise Ave

  • 1.10 miles

  • Public District Grades 6-8

High School

school-card-donut-4363145
5
/10

  • East Jefferson High School

  • 400 Phlox Ave

  • 2.06 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,533. The majority of Metairie, LA residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Jefferson County›Metairie›70003›316 N Elm St

This home is located at 316 N Elm St in Metairie, LA and zip code 70003. This 1,540 square foot home, which was built in 1974, sits on a 0.13 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $197,000.

In April 2024, from all listings sold in Metairie, LA there were more than 14 sold above asking price, over 84 sold below and more than 21 were sold right at the asked price. In April 2024 in Metairie, LA there were 10.3% more homes for sale than in March 2024. While the average time on the market in April 2024 was 54 days, the median list price was $314,290.

From Rocket Homes Real Estate and based on county public records data.

More Resources