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1412 Severn Avenue

1412 Severn Avenue, Metairie, LA 70001
Property in Jefferson
Sold Oct 22, 2021
$318,300
$295,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2051
Sold Apr 26, 2013
$120,000
$117,826 by First Naitonal Bank Usa
Mortgage
Local assessors in Metairie, LA have categorized 1412 Severn Avenue as a residential type of property. The property's lot size has been calculated to be 6,000 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1412 Severn Avenue sold most recently in Oct 22, 2021 for a total of $318,300. Before that, the property was also sold for $120,000 in Apr 19, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,010 in taxes each year. 1412 Severn Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,380. If we break it down further, the land itself was valued at $6,000. Improvements to the property, however, were assessed at a total of $24,380. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD PK ADD & EXT
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRFIELD PARK ADD

Ownership

  • Current Owner : ROLLINS JOHN KALEB
  • Previous Owner : ILLIDGE MICHELLE LUND DUPRE
  • Previous Owner 2: ILLIDGE IVAN
  • Owner Before Previous Owner: WILMOTT DIANE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 028400

Zoning

  • Zoning: R1A

Geography

  • District: 82
  • Parcel: 0-82-0022270
  • Block: 91
  • Lot: L
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 29.9859
  • Longitude: -90.1605

    Address

  • Full Address: 1412 Severn Ave
  • Address - House Number: 1412
  • Address - Street Name: Severn
  • Address - Suffix Type: Ave
  • State: LA
  • City Name: Metairie
  • Carrier Code: C020
  • 4-Digit Zip Code: 4051
  • Zip Code: 70001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,010
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 370,801
  • High Value: 464,801
  • Low Value: 276,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $295,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $295,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $303,800
  • Market Land Value: $60,000
  • Market Improvement Value: $243,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,380
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $24,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11864552677
  • Current Sale Price: $318,300
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 12158294
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Contract Date: Apr 19, 2013
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NAITONAL BANK USA
  • Previous Mortgage Transaction Date: Apr 26, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $117,826
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 1412 Severn Avenue located in?
The 1412 Severn Avenue is a located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 1412 Severn Avenue?
The average sales price for units in 1412 Severn Avenue is $0 currently.

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