8 months on rocket

1161 Lake Ave Unit 323, Metairie, LA, 70005

$99,900

Home List Price

$1,186*

Closing Credit

1 Bedroom
1 Full Bath
750 SqFt
$133/SqFt
Condo

Location

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1161 Lake Ave Unit 323, Metairie$99,900

Buyer Closing Credits

$1,186*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Available, One Space
Year Built1975
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2440742
Lot Size0.20 Acres
StatusActive

About 1161 Lake Ave Unit 323

VERY MOTIVATED SELLER and will consider OWNER FINANCED SALE! This gated complex is conveniently located between Lake Pontchartrain and Veterans, by shopping, restaurants and is minutes from Downtown. This 3rd floor condo has an airy L shaped living and dining room with high vaulted ceilings , tons of natural light, and light laminate wood flooring. The kitchen has wooden cabinets, granite counter tops and all appliances are included. The large primary bedroom features a large walk-in closet. Electrical in this unit was updated 2-3 years ago. Amenties: On site laundry room and community swimming pool. Parking available.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1975
  • Stories: 3
  • Living Area: 750 SqFt

Listing Office:

  • Office Name: 1 Percent Lists
  • Office Phone: (985) 807-0001
  • Listing Agent: Kristen Morlier
  • Agent Phone: (504) 232-4869

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior: Granite Counters, Vaulted Ceiling(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: Parking Available, One Space

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,900
  • Price Per SqFt: $133/SqFt
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Housing Market Comparison

See how this home compares to others in Metairie, LA.

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Metairie, LA

City

Med. Sold Price

$307.1K

Med. Price/SqFt

$176

Avg. Days On Market

48

# of Sold Homes

91

1161 Lake Ave Unit 323 vs Metairie

269 DAYS ON ROCKET

+221 Days

$99,900

-$207.2K Less

$133/SqFt

-$43 Less

KEY TAKEAWAY

This property is $207.2K less than the Median Sold Price and $43/SqFt less than other homes in Metairie, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2440742

Listing Office:

  • Office Name: 1 Percent Lists
  • Office Phone: (985) 807-0001
  • Listing Agent: Kristen Morlier
  • Agent Phone: (504) 232-4869

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$566

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-920588
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-920589
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.70 miles

  • Public Magnet Grades PK-5

school-card-donut-920590
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 4.01 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,806. The majority of Metairie, LA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Metairie, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Metairie, LA?

Metairie's housing market is diverse, offering a range of options from single-family homes to multi-family complexes. The architectural styles vary, with a mix of traditional, ranch-style, and contemporary homes. A significant portion of the housing stock dates back to the mid-20th century, reflecting the area's growth during that period. The homeownership rate in Metairie is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Metairie, LA a good place to live?

Metairie is known for its suburban feel with a strong sense of community. The area prides itself on its family-friendly atmosphere and is celebrated for events like the annual Family Gras festival, which showcases local music and culture. The community's character is also defined by its numerous parks and recreational areas, providing residents with ample green space and outdoor activities.

Are things conveniently located in Metairie, LA?

The community is served by a solid educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are readily available, with several clinics and a major hospital that offers a range of medical services. Metairie also features a public library system that supports the community's educational and informational needs. The retail and dining scene is reflective of the local culture, with a mix of national chains and local establishments that cater to a variety of tastes and preferences.

What does the transportation in Metairie, LA look like?

Transportation options in Metairie include a network of major roads and highways that facilitate travel and commuting to nearby New Orleans and other areas. Public transit is available, with bus services providing connections to key destinations. The community is also bike-friendly, with several designated bike paths. While ride-sharing services are operational in the area, specific brands are not mentioned. The walkability can vary across different parts of Metairie, with some neighborhoods being more pedestrian-friendly than others.

Frequently Asked Questions About 1161 Lake Ave Unit 323

What is the listing price of this property?

The listing price of 1161 Lake Ave Unit 323 property is $99,900.

What type of property is this?

The property 1161 Lake Ave Unit 323 is a condo located in Metairie, Louisiana, 70005.

Is this property for sale now?

Active Listing: 1161 Lake Ave Unit 323 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1161 Lake Ave Unit 323 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1161 Lake Ave Unit 323 is 750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1161 Lake Ave Unit 323 is 1975.

Rocket Homes›Louisiana›Jefferson County›Metairie›70005›1161 Lake Ave Unit 323

This home is located at 1161 Lake Ave Unit 323 in Metairie, LA and zip code 70005. This 750 square foot home, which was built in 1975, sits on a 0.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $99,900.

Over 5 listings were sold over their listed price in November 2024 in Metairie, LA. In the same period over 69 listings were sold below the listed price and 17 listings were sold for the listed price. The number of listings in Metairie, LA decreased by 1.2% between October 2024 and November 2024. In November 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $307,189.

From Rocket Homes Real Estate and based on county public records data.

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