NOT LISTED FOR SALE

1005 Dimarco Dr Marrero, LA 70072

Estimated Value: $370,000

23 Beds
22 Baths
11,000 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 02, 2018

Current estimated payment $2,058/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Central Heating and Cooling System
  • Ray St. Pierre Academy for Advanced Studies Rated A

About This Home

As of August 2018

Corner lot 11 plex (Westwood, Dimarco and Westbank Expr). 3 units (#5, 6 & 7) have fire damages, need to be redone completely. 8 other units are still in good condition, just need to slear the smell. Seller already has the drawing for repairs. Drawing is attached. Building has: 1- one bdrm unit, 8-two bdrm units, 2-three bdrm units. Up stair are the bedrooms, and living room, kitchen, dining, half bath, laundry in downstair. Each unit has its own water + electrical meter. DO NOT GO IN WITHOUT YOUR REALTOR.

Last Agent to Sell the Property

John Nguyen

People's Realty, Inc. License #000019749 Listed on: 06/19/2018

Last Buyer's Agent

John Hendrix

Keller Williams Realty New Orleans License #995689026

Keller Williams Realty New Orleans

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,156

Lot Details

  • 0.32

Parking

  • 3 Parking Spaces

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 11,000 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 23 Bedrooms

Additional Features

  • Corner Lot
  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 11 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 700721005DIMARCODR

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,156

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: le
  • Directions: Take Westbank Exp heading toward Marrero. At the end of the freeway is Westwood Blvd, turn left, right on 8th street, left on Dimarco
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 35
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 11
  • Half Bathrooms: 11
  • Total Bedrooms: 23
  • Living Area: 11000.0

Exterior Features

  • Lot Features: Corner Lot, Outside City Limits
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Poor Condition, Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700721005DIMARCODR
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Aug 2, 2018
Sold by
Chau Invesments Llc
Bought by
1005 Dimarco Llc
Seller's Agent
John Nguyen
People's Realty, Inc.
Buyer's Agent
John Hendrix
Keller Williams Realty New Orleans
List Price
$375,000
Current Estimated Value
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$476,004
Outstanding Balance
$413,390
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$43,390

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 25, 2014
Sold by
Walker Dwight A
Bought by
Chau Investments Llc
Seller's Agent
John Nguyen
People's Realty, Inc.
Buyer's Agent
John Nguyen
People's Realty, Inc.
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$265,000
Interest Rate
4.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2006
Sold by
Nguyen Nguyen K
Bought by
Walker Dwight A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1005 Dimarco Llc $365,000 Winters Title Agency Inc
Chau Investments Llc $365,000 --
Walker Dwight A $682,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1005 Dimarco Llc $476,004
Previous Owner Chau Investments Llc $265,000
Previous Owner Walker Dwight A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2018 08/02/18 Sold -- -- --
07/03/2018 07/03/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $375,000 -16.7% $34 / Sq Ft
10/16/2014 10/16/14 Sold -- -- -- View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $450,000 -- $41 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,156 $41,350 $4,830 $36,520
2023 $5,005 $36,500 $4,830 $31,670
2022 $4,884 $36,500 $4,830 $31,670
2021 $4,617 $36,500 $4,830 $31,670
2020 $4,518 $36,500 $4,830 $31,670
2019 $4,744 $36,500 $4,830 $31,670
2018 $4,449 $36,500 $4,830 $31,670
2017 $4,277 $36,500 $4,830 $31,670
2016 $4,196 $36,500 $4,830 $31,670
2015 $8,617 $36,500 $4,830 $31,670
2014 $8,617 $74,540 $4,830 $69,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2160773

APN: 0420001699