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5024 Elmwood Parkway

5024 Elmwood Parkway, Metairie, LA 70003
Property in Jefferson
Sold Sep 16, 2016
$275,000
$270,019 by Quicken Loans Inc
Mortgage Due Sep 16, 2046
Sold Sep 19, 2012
$260,000
$200,000 by Jpmorgan Chase Bank Na
Mortgage
5024 Elmwood Parkway 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 8,400 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, 5024 Elmwood Parkway sold most recently in Sep 15, 2016 for a total of $275,000. Before that, the property was also sold for $260,000 in Sep 14, 2012. 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 $2,502 in taxes each year. 5024 Elmwood Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,520. If we break it down further, the land itself was valued at $7,490. Improvements to the property, however, were assessed at a total of $19,030. 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. 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!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: 8,400
  • 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: ELMWOOD PK SQ 4 & ABOVE
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 SQ 4 ELMWOOD PK

Ownership

  • Current Owner : JAYNES DANIEL
  • Current Owner 2: JAYNES STEFANIE
  • Previous Owner : THOMAS JEANNE BROUSSARD
  • Previous Owner 2: THOMAS WILFORD B
  • Owner Before Previous Owner: LEBLANC RICHARD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 020400

Zoning

  • Zoning: R1A

Geography

  • District: 82
  • Parcel: 0-82-0008041
  • Block: 4
  • Lot: 30
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 30.027
  • Longitude: -90.2207

    Address

  • Full Address: 5024 Elmwood Pkwy
  • Address - House Number: 5024
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Pkwy
  • State: LA
  • City Name: Metairie
  • Carrier Code: C029
  • 4-Digit Zip Code: 2538
  • Zip Code: 70003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,502
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 387,222
  • High Value: 482,824
  • Low Value: 291,620

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $325,748
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $270,019
  • 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: Sep 16, 2046
  • Second Open Lien Mortgage Lender: COASTAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: May 12, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 12, 2053
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Dec 15, 2023
  • Third Open Lien Mortgage Loan Amount: $5,729
  • Third Open Lien Mortgage Term: 325
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $265,200
  • Market Land Value: $74,900
  • Market Improvement Value: $190,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,520
  • Assessed Land Value: $7,490
  • Assessed Improvements Value: $19,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2016
  • Current Sale Recording Date: Sep 16, 2016
  • Current Sale Transaction ID: 1779640761
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11642463
  • Previous Sale Recording Date: Sep 19, 2012
  • Previous Sale Contract Date: Sep 14, 2012
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 16, 2016
  • First Mortgage Loan Amount: $270,019
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 19, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Metairie



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$2,450 /mo

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4940 Tartan Drive, Metairie, LA, 70003 Listing by Amy Trosclair

Frequently Asked Questions

What neighborhood is 5024 Elmwood Parkway located in?
The 5024 Elmwood Parkway is a located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 5024 Elmwood Parkway?
The average sales price for units in 5024 Elmwood Parkway is $0 currently.

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