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1620 Colony Place

1620 Colony Place, Metairie, LA 70003
Property in Jefferson
Sold Nov 08, 2019
$294,000
$273,000 by Fidelity Bank
Mortgage Due Nov 08, 2049
Sold May 17, 2017
$221,500
$217,487 by Gmfs Llc
Mortgage
Local assessors in Metairie, LA have categorized 1620 Colony Place as a residential type of property. The property's lot size has been calculated to be 6,840 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, 1620 Colony Place sold most recently in Nov 8, 2019 for a total of $294,000. Before that, the property was also sold for $221,500 in May 12, 2017. 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 $3,674 in taxes each year. 1620 Colony Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,930. If we break it down further, the land itself was valued at $4,440. Improvements to the property, however, were assessed at a total of $23,490. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 6,840
  • 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: AIRLINE PK N
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 SQ 403 AIRLINE PARK NORTH

Ownership

  • Current Owner : HERRERA CHANDLER ELIZABETH KIMBRO
  • Current Owner 2: BENTSEN CLARK HAMILTON
  • Previous Owner : HERRERA CORINNE E THOMPSON
  • Previous Owner 2: HERRERA DAVID M
  • Owner Before Previous Owner: SCHAEFER KAREN HEASULER
  • Owner Before Previous Owner 2: SCHAEFER HENRY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 023003

Geography

  • District: 82
  • Parcel: 0-82-0030465
  • Block: 403
  • Lot: 30
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 29.99
  • Longitude: -90.1963

    Address

  • Full Address: 1620 Colony Pl
  • Address - House Number: 1620
  • Address - Street Name: Colony
  • Address - Suffix Type: Pl
  • State: LA
  • City Name: Metairie
  • Carrier Code: C013
  • 4-Digit Zip Code: 2216
  • Zip Code: 70003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,674
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 364,927
  • High Value: 455,024
  • Low Value: 274,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,000
  • First Open Lien Mortgage Lender: FIDELITY BANK
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $273,000
  • 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 08, 2049

    Market Valuation

  • Market Total Value: $279,300
  • Market Land Value: $44,400
  • Market Improvement Value: $234,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,930
  • Assessed Land Value: $4,440
  • Assessed Improvements Value: $23,490

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11704600217
  • Current Sale Price: $294,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11957145
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: May 12, 2017
  • Previous Sale Amount: $221,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY BANK
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $273,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: May 17, 2017
  • Previous Mortgage Loan Amount: $217,487
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Metairie



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Frequently Asked Questions

What neighborhood is 1620 Colony Place located in?
The 1620 Colony Place is a located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 1620 Colony Place?
The average sales price for units in 1620 Colony Place is $0 currently.

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