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705 Lynnette Drive

705 Lynnette Drive, Metairie, LA 70003
House in Jefferson
Sold Apr 13, 2021
$258,000
$253,326 by Keller Mortgage
Mortgage Due Apr 13, 2051
Sold Aug 29, 2018
$203,000
$182,700 by Platinum Mortgage Inc
Mortgage Due Sep 01, 2048
Local assessors in Metairie, LA have categorized 705 Lynnette Drive as a residential type of property. The property's lot size has been calculated to be 7,000 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, 705 Lynnette Drive sold most recently in Apr 12, 2021 for a total of $258,000. Before that, the property was also sold for $203,000 in Aug 23, 2018. 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 $2,153 in taxes each year. 705 Lynnette Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,510. If we break it down further, the land itself was valued at $4,320. Improvements to the property, however, were assessed at a total of $20,190. 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: 7,000
  • 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: LYNN PK
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 166 SQ 12 LYNN PK

Ownership

  • Current Owner : LAMBERT GARY JAMES
  • Previous Owner : WEILBAECHER ALEXIS ANN
  • Owner Before Previous Owner: CALAMARI TODD
  • Owner Before Previous Owner 2: CALAMARI KENDRA CULOTTA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 023600

Zoning

  • Zoning: R1A

Geography

  • District: 91
  • Parcel: 0-91-0002918
  • Block: 12
  • Lot: 166
  • Municipality: RIVER RIDGE
  • Latitude: 29.9851
  • Longitude: -90.2236

    Address

  • Full Address: 705 Lynnette Dr
  • Address - House Number: 705
  • Address - Street Name: Lynnette
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Metairie
  • Carrier Code: C006
  • 4-Digit Zip Code: 6525
  • Zip Code: 70003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,153
  • Tax Rate Code Area: 91-RIVER R

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 298,681
  • High Value: 374,791
  • Low Value: 222,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,326
  • First Open Lien Mortgage Lender: KELLER MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $253,326
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 13, 2051

    Market Valuation

  • Market Total Value: $245,100
  • Market Land Value: $43,200
  • Market Improvement Value: $201,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,510
  • Assessed Land Value: $4,320
  • Assessed Improvements Value: $20,190

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11832624150
  • Current Sale Price: $258,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 12120783
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Contract Date: Aug 23, 2018
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: KELLER MORTGAGE
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $253,326
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 29, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $182,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 705 Lynnette Drive located in?
The 705 Lynnette Drive is a house located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 705 Lynnette Drive?
The average sales price for units in 705 Lynnette Drive is $0 currently.

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