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3125 40th St, Metairie, LA, 70001

$235,000

Land

Location

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Property Highlights

Home TypeOther
MLS #2462767
StatusActive

About 3125 40th St

Imagine the possibilities on this expansive 60 x 120 lot, nestled just off Causeway Boulevard in the heart of Metairie. Located near the timeless charm of Old Metairie, this property offers a rare opportunity to create something truly special. The existing 3-bedroom, 2-bath home, is in need of a complete renovation ( aka tear down) but if you have big dreams, build your own custom home! With ample space to work with, why not imagine the possibilities of building a brand-new custom home, designed to perfectly suit your tastes and lifestyle? Picture a modern residence with sleek lines, expansive windows, and lush landscaping that makes the most of the generous lot size. Whether it's a sprawling garden, a serene outdoor retreat, or a sparkling pool, the outdoor space here offers endless opportunities for creativity. And then there's the location. Just minutes from Lakeside Mall, the interstate, and all the conveniences Metairie has to offer, this property places you in the center of it all. Yet, despite its proximity to everything, it retains a sense of privacy and tranquility, making it the perfect spot to create your dream home.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Erin Rotolo
  • Agent Phone: (504) 228-3085

Exterior Features

Exterior Information:

  • Exterior: Fence

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000

Tax Information:

  • Annual Amount: $1,079
  • 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

3125 40th St vs Metairie

49 DAYS ON ROCKET

-10 Days

$235,000

-$70K Less

KEY TAKEAWAY

This property is $70K less 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: #2462767

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Erin Rotolo
  • Agent Phone: (504) 228-3085

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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

Tax History

YEARPROP. TAXASSESSMENT
2020$1,079$16,630
2019$2,019$16,630
2018$1,886$16,630
2017$1,886$16,630

History based on county public records data.

Payment Calculator

$1,240

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-293854
10
/10
  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.82 miles

  • Public Magnet Grades PK-5

school-card-donut-293855
7
/10
  • Bridgedale Elementary School

  • 808 Zinnia Ave

  • 1.89 miles

  • Public District Grades PK-5

school-card-donut-293856
3
/10
  • Phoebe Hearst Elementary School

  • 5208 Wabash St

  • 2.48 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. The most common annual income of people living in Metairie, LA is between $35k-100k. The majority of families are single, no kids. The majority of 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 3125 40th St

What is the listing price of this property?

The listing price of 3125 40th St property is $235,000.

What type of property is this?

The property 3125 40th St is land located in Metairie, Louisiana, 70001.

Is this property for sale now?

Active Listing: 3125 40th St 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 $1,079 (source: MLS/based on county public records data).
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Rocket Homes›Louisiana›Jefferson County›Metairie›70001›3125 40th St

This home is located at 3125 40th St in Metairie, LA and zip code 70001. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $235,000.

Metairie, LA housing market in October 2024 saw over 13 listings sold above listed price, more than 13 sold at listed price and over 73 sold below. The inventory of homes for sale in Metairie, LA between September 2024 and October 2024 increased by 6.3%. While the average time on the market in October 2024 was 59 days, the median list price was $305,050.

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

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