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311 Iona Street

311 Iona Street, Metairie, LA 70005
Property in Jefferson
Sold Dec 21, 2021
$1,995,000
$1,200,000 by United Wholesale Mortgage Llc
Mortgage Due Dec 21, 2051
Sold Jun 12, 2020
$600,000
311 Iona Street has been categorized by the local assessors in Metairie, LA as a residential type of property. The area measurement of the land has been determined as 6,480 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 311 Iona Street sold most recently in Dec 17, 2021 for a total of $1,995,000. Before that, the property was also sold for $600,000 in Jun 12, 2020. 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 $25,126 in taxes each year. The initial year of tax delinquency occurred in 2020. 311 Iona Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $198,500. If we break it down further, the land itself was valued at $53,500. Improvements to the property, however, were assessed at a total of $145,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 6,480
  • 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: METAIRIE SUBURB
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT C SQ 8 METAIRIE SUBURB

Ownership

  • Current Owner : DACUS KELLEY CHIAVENTONE
  • Current Owner 2: DACUS KEITH ALLEN
  • Previous Owner : BANCROFT PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: DUCOTE SUZETTE ANDRE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 024801

Zoning

  • Zoning: R1A

Geography

  • District: 81
  • Parcel: 0-81-0002434
  • Block: 8
  • Lot: C
  • Municipality: OLD MELAIRE S MLR RD
  • Latitude: 29.9823
  • Longitude: -90.1312

    Address

  • Full Address: 311 Iona St
  • Address - House Number: 311
  • Address - Street Name: Iona
  • Address - Suffix Type: St
  • State: LA
  • City Name: Metairie
  • Carrier Code: C002
  • 4-Digit Zip Code: 4139
  • Zip Code: 70005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,126
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 81-OLD MEL

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 1,316,405
  • High Value: 1,647,339
  • Low Value: 985,471

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Dec 21, 2051

    Market Valuation

  • Market Total Value: $1,985,000
  • Market Land Value: $535,000
  • Market Improvement Value: $1,450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,500
  • Assessed Land Value: $53,500
  • Assessed Improvements Value: $145,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875824277
  • Current Sale Price: $1,995,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 12169375
  • Previous Sale Recording Date: Jun 12, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 311 Iona Street located in?
The 311 Iona Street is a located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 311 Iona Street?
The average sales price for units in 311 Iona Street is $0 currently.

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