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5240 Veterans Memorial Boulevard

5240 Veterans Memorial Boulevard, Metairie, LA 70006
Commercial in Jefferson
This has been categorized as a residential property type. In total, the area measurement of the land is 11,250 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5240 Veterans Memorial Boulevard was last sold in Apr 28, 2022 for $1,800,000. Prior to that sales transaction, the property was sold for $1,350,000 in Oct 20, 2020. Current property owners are expected to pay $28,192 in taxes per year. The property on 5240 Veterans Memorial Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $214,310. To break that down further, the land itself was valued at $84,370. While improvements to the property were assessed at a total of $129,940. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Off Street Parking
Parking Lot
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200119
01/19/2020
Loft
-
7500 ft²
$1,734,375
bedrooms
Loft
bathrooms
-
square feet
7500 ft²
-
-
-
-
20181031
10/31/2018
Studio
-
7500 ft²
$1,480,000
bedrooms
Studio
bathrooms
-
square feet
7500 ft²
-
-
-
-

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 11,250
  • 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: PONTCHARTRAIN GDNS SEC B
  • Land Acres: 0.258
  • Standard Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: PONT GARDENS

Ownership

  • Current Owner : THIRD COAST SOCCER
  • Previous Owner : BJS COMMERCIAL PROPERTIES LLC
  • Owner Before Previous Owner: 5240 VETERANS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 029800

Zoning

  • Zoning: R1A

Geography

  • District: 82
  • Section: B
  • Parcel: 0-82-0024615
  • Block: 41
  • Lot: 6
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 30.0052
  • Longitude: -90.1979

    Address

  • Full Address: 5240 Veterans Memorial Blvd
  • Address - House Number: 5240
  • Address - Street Name: Veterans Memorial
  • Address - Suffix Type: Blvd
  • State: LA
  • City Name: Metairie
  • Carrier Code: C004
  • 4-Digit Zip Code: 5123
  • Zip Code: 70006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,192
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2506
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 1,438,751
  • High Value: 1,799,439
  • Low Value: 1,078,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,620,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $1,620,000
  • 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: May 04, 2052

    Market Valuation

  • Market Total Value: $1,709,967
  • Market Land Value: $843,700
  • Market Improvement Value: $866,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,310
  • Assessed Land Value: $84,370
  • Assessed Improvements Value: $129,940

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11887233940
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 223669
  • Previous Sale Recording Date: May 04, 2022
  • Previous Sale Contract Date: Oct 20, 2020
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $1,620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Metairie



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Nearby Rentals

Unit for rent at 3848 Veterans Boulevard, Metairie, LA, 70002

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  • Studio
  • 3,850 ft²
3848 Veterans Boulevard, Metairie, LA, 70002 Listing by ANNA PEPPER
Unit for rent at 3421 Lime Street, Metairie, LA, 70006

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
3421 Lime Street, Metairie, LA, 70006 Listing by LYNN M DUFRECHOU
Unit for rent at 4916 Sunny Place, Metairie, LA, 70006

$4,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,800 ft²
4916 Sunny Place, Metairie, LA, 70006 Listing by ELISA HALL
Unit for rent at 4418 King Street, Metairie, LA, 70001

$2,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,050 ft²
4418 King Street, Metairie, LA, 70001 Listing by LISA B LEDET
Unit for rent at 4901 Sunny Place, Metairie, LA, 70006

$3,425 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,600 ft²
4901 Sunny Place, Metairie, LA, 70006 Listing by ROBYN H SCHMITT
Unit for rent at 2727 Houma Boulevard, Metairie, LA, 70006

$1,000 /mo

  • Studio
  • 728 ft²
2727 Houma Boulevard, Metairie, LA, 70006 Listing by CAROLYN TALBERT
Unit for rent at 4504 Lakewood Drive, Metairie, LA, 70002

$3,500 /mo

  • 4 Beds
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4504 Lakewood Drive, Metairie, LA, 70002 Listing by DANA G BENNETT

Frequently Asked Questions

What neighborhood is 5240 Veterans Memorial Boulevard located in?
The 5240 Veterans Memorial Boulevard is a commercial located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 5240 Veterans Memorial Boulevard?
The average sales price for units in 5240 Veterans Memorial Boulevard is $0 currently.

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