3 months on rocket

1516 Ridgelake Dr, Metairie, LA, 70001

$365,000

Land

Location

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Property Highlights

Home TypeOther
MLS #2459342
StatusActive

About 1516 Ridgelake Dr

Discover an exceptional opportunity to build your dream home in the highly sought after Old Metairie neighborhood. Located off of Metairie Road near restaurants, shops, parks, schools and I-10 access. With new construction homes contributing to the growth of this vibrant neighborhood, now is the time to secure this property for yourself. Being sold for lot value. Being sold for lot value.

Property Details

Property Features

Listing Office:

  • Office Name: Mirambell Realty
  • Office Phone: (504) 889-9850
  • Listing Agent: Karla Copping
  • Agent Phone: (504) 228-8191

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000

Tax Information:

  • Annual Amount: $1,831
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$305K

Med. Price/SqFt

$175

Avg. Days On Market

59

# of Sold Homes

99

1516 Ridgelake Dr vs Metairie

116 DAYS ON ROCKET

+57 Days

$365,000

+$59.9K More

KEY TAKEAWAY

This property is $59.9K more than the Median Sold Price in Metairie, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2459342

Listing Office:

  • Office Name: Mirambell Realty
  • Office Phone: (504) 889-9850
  • Listing Agent: Karla Copping
  • Agent Phone: (504) 228-8191

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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: 11/14/2024, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 02, 2015Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,831$15,500
2019$1,882$15,500
2018$1,758$15,500
2017$1,758$15,500

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-236260
10
/10
  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.75 miles

  • Public Magnet Grades PK-5

school-card-donut-236261
7
/10
  • Bridgedale Elementary School

  • 808 Zinnia Ave

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-236262
3
/10
  • Phoebe Hearst Elementary School

  • 5208 Wabash St

  • 2.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,111. Typical income of Metairie, LA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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 1516 Ridgelake Dr

What is the listing price of this property?

The listing price of 1516 Ridgelake Dr property is $365,000.

What type of property is this?

The property 1516 Ridgelake Dr is land located in Metairie, Louisiana, 70001.

Is this property for sale now?

Active Listing: 1516 Ridgelake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,831 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 2, 2015 for $155,000. (source: MLS/tax record).
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Rocket Homes›Louisiana›Jefferson County›Metairie›70001›1516 Ridgelake Dr

This home is located at 1516 Ridgelake Dr in Metairie, LA and zip code 70001. It has been listed on Rocket Homes since July 21, 2024 and is currently priced at $365,000.

While more than 13 listings in Metairie, LA in October 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 73 were sold below. The number of homes for sale in Metairie, LA increased by 6.3% between September 2024 and October 2024. In October 2024 median list price was $305,050 and the average listing age was 59 days.

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

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