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Single Family ResidenceResidential
$498,978$254 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 97How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $512,500 on Mar 30, 2022

1516 VELMA ST

METAIRIE, LA 70001
3
Beds
2
Baths
1,961 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1986
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$499K
$482K low$515K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$512,500 · Mar 30, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,145 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$48,690 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$10,120
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$38,570
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$486,900

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.10 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyJEFFERSON
Lot (acres)The size of the land the home sits on, from county records.0.18
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
T. H. Harris Middle SchoolD+
Middle · Grades 6–8 · 0.7 mi
E
Rudolph Matas Elementary SchoolB+
Elementary · Grades PK–8 · 0.7 mi
H
East Jefferson High SchoolC
High · Grades 9–12 · 0.8 mi

District: Jefferson Parish School District

Neighborhood · ZIP 70001These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.97
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.28

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.38,508
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,301 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,536
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,716
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.65 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1516 Velma St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 94% of homes in Jefferson Parish County
  • Costs more per square foot than 95% of homes in Jefferson Parish County
  • Bigger than 68% of homes in Metairie 70001
  • Has a bigger lot than 87% of homes in Metairie 70001

What homes are worth in Metairie 70001

Each bar is how many homes fall in that price range. The marker is this home.

This home
$74K$1M

This home is worth more than 91% of homes in Metairie 70001.

How it measures up in Metairie 70001

The dot is this home. The mark in the middle is the typical home in Metairie 70001.

Estimated value$498,978
CheaperTypical $249,541Pricier

Pricier than 91% of homes nearby

Price per ft²$254
CheaperTypical $183Pricier

Pricier than 83% of homes nearby

Living area1,961 ft²
SmallerTypical 1,625 ft²Bigger

Bigger than 68% of homes nearby

Lot size0.18 ac
SmallerTypical 0.14 acBigger

Bigger than 87% of homes nearby

Year built1986
OlderTypical 1982Newer

Newer than 55% of homes nearby

How 1516 Velma St ranks against every home in each area.
MeasureThis homeMetairie 70001Jefferson Parish County
Estimated valuepricier than$498,97891% of homes94% of homes
Price per ft²pricier than$25483% of homes95% of homes
Living areabigger than1,961 ft²68% of homes66% of homes
Lot sizebigger than0.18 ac87% of homes78% of homes
Year builtnewer than198655% of homes55% of homes

About 1516 Velma St

How much is 1516 Velma St, Metairie, LA worth?

The TopHap Estimate for 1516 Velma St, Metairie, LA is $498,978 as of Sep 24, 2026. The likely range is $482,460 to $515,496. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1516 Velma St, Metairie, LA last sell?

1516 Velma St, Metairie, LA last sold on Mar 30, 2022 for $512,500, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 1516 Velma St, Metairie, LA?

1516 Velma St, Metairie, LA has 3 bedrooms, 2 bathrooms, 1,961 square feet of living space and a 0.18-acre lot.

When was 1516 Velma St, Metairie, LA built?

1516 Velma St, Metairie, LA was built in 1986, making it 40 years old. The building has 1 story.

What schools serve 1516 Velma St, Metairie, LA?

1516 Velma St, Metairie, LA is assigned to T. H. Harris Middle School (middle), rated D+; Rudolph Matas Elementary School (elementary), rated B+; East Jefferson High School (high), rated C. All sit in Jefferson Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1516 Velma St, Metairie, LA compare to other homes in Metairie 70001?

Among the 12,011 homes in Metairie 70001, it is worth more than 91% of them ($498,978 against a typical $249,541), its price per square foot is higher than 83% of them ($254 against a typical $183), it is bigger than 68% of them (1,961 ft² against a typical 1,625 ft²), its lot is bigger than 87% of them (0.18 ac against a typical 0.14 ac) and it is newer than 55% of them (1986 against a typical 1982). Measured against all of Jefferson Parish County, it is worth more than 94% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1516 Velma St, Metairie, LA?

The 2025 property tax bill for 1516 Velma St, Metairie, LA was $6,145. The county assessed it at $48,690.

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