NOT LISTED FOR SALE

5637 Belle Terre Rd Marrero, LA 70072

Estimated Value: $124,000

-- Bed
-- Bath
3,636 Sq Ft
$34/Sq Ft Est. Value

Last Sold January 03, 2019

Current estimated payment $809/month

301 Days on Market

Highlights

  • Corner Lot
  • Ray St. Pierre Academy for Advanced Studies Rated A
  • 2-minute walk to Belle Terre Playground

About This Home

As of January 2019

You will be amazed at the building and yard space. This building was used as a Day Care Center. Nice corner lot that is well suited for another daycare center, office space, business with living area, ample off street parking, near Westbank Expressway on-ramp, Lapalco Blvd, public library. Great investment opportunity. Call for an appointment. In need of renovation, but has lots of potentials.

Last Agent to Sell the Property

Josline Gosserand Frank

Russell Frank Realty Group, L.L.C. License #000040643 Listed on: 02/05/2018

Last Buyer's Agent

Saed Abu Naser

Danette O'Neal REALTORS License #099562154

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,918

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Zoning described as comer

Parking

  • Parking Lot

Home Design

  • Fixer Upper
  • Mixed Use

Interior Spaces

  • 3,636 Sq Ft Home
  • Property has 2 Levels
  • Living Quarters

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 700725637BelleTerreRD

Property Details

Property Type

Other

Est. Annual Taxes

$1,918

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.12
  • Lot Size: 5352 sq ft
  • Directions: Westbank Expressway toward Marrero (from NOLA), exit Ames Blvd, left on Belle Terre
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Mixed Use
  • Year Built Details: 41
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Other Structures: Living Quarters
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700725637BelleTerreRD
  • Zoning Description: comer
  • Zoning: comer
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Junior Vernell Patrick and Junior Gregory James
Bought by
Tru Moments Llc
Current Estimated Value
$124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,500
Outstanding Balance
$373,101
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$249,101

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jan 3, 2019
Sold by
Liberty Bank And Trust Company
Bought by
Junior Vernell and Junior Gregory
Seller's Agent
Josline Gosserand Frank
Russell Frank Realty Group, L.L.C.
Buyer's Agent
Saed Abu Naser
Danette O'Neal REALTORS
List Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$110,800
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 6, 2017
Sold by
Discovery Daycare Learning Center Llc
Bought by
Liberty Bank And Trust Company

Purchase Details

Closed on
Aug 1, 2008
Sold by
Carter Emile
Bought by
Discovery Daycare Learning Cen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Tru Moments Llc -- Bayou Title
Junior Vernell $112,000 Bayou Title Inc
Liberty Bank And Trust Company $101,667 None Available
Discovery Daycare Learning Cen $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tru Moments Llc $378,500
Previous Owner Junior Vernell $110,800
Previous Owner Discovery Daycare Learning Cen $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold -- -- --
12/04/2018 12/04/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $120,000 -- $33 / 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 $1,918 $16,640 $8,640 $8,000
2023 $1,920 $14,000 $8,000 $6,000
2022 $1,873 $14,000 $8,000 $6,000
2021 $1,771 $14,000 $8,000 $6,000
2020 $1,733 $14,000 $8,000 $6,000
2019 $3,865 $29,740 $9,650 $20,090
2018 $3,997 $29,740 $9,650 $20,090
2017 $3,772 $29,740 $9,650 $20,090
2016 $3,419 $29,740 $9,650 $20,090
2015 $3,125 $27,030 $8,940 $18,090
2014 $3,125 $27,030 $8,940 $18,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2140815

APN: 0420001017