NOT LISTED FOR SALE

7023 Read Ln New Orleans, LA 70127

Little Woods Neighborhood
-- Bed
-- Bath
3,520 Sq Ft
5,532 Sq Ft Lot

Last Sold April 19, 2012

326 Days on Market

About This Home

As of April 2012

12 OFFICE SPACES RANGING FROM 146 SQ FT TO 310 SQ FT. PREVIOUSLY USED AS AN ATTORNEY'S OFFICE & DANCE SCHOOL. BLDG FLOORPLAN ALLOWS THE COMBINATION OF OFFICE SPACE IF LARGER OFFICES SPACE IS NEEDED, 2 RESTROOMS UPSTAIRS & DOWNSTAIRS. BLDG HAS A NEW ROOF AND SOME ELECTRICAL DONE. IT WAS VANDALIZED AND SOME OF WIRING STOLEN. VERY GOOD INVESTMENT OPPORTUNITY.

Last Agent to Sell the Property

Darnell Welcome

LATTER & BLUM (LATT01) License #000002807 Listed on: 04/28/2011

Last Buyer's Agent

Maggie Foster

Coast to Coast Realty LLC License #912123388

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,593

Year Built

  • 1980

Lot Details

  • Lot Dimensions are 50.42x110
  • Zoning described as COM

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,520 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Community Details

  • Warwick East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 701277023READLN

Property Details

Property Type

Other

Est. Annual Taxes

$4,593

Year Built

1980

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 50.42X110
  • Subdivision Name: WARWICK EAST
  • Directions: BEHIND MCDONALD'S ON I-10 SERVICE RD & READ
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office
  • Year Built Details: 999
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built (Public Record): 1980

Interior Features

  • Living Area: 3520.0

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 701277023READLN
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2011
Closed on
Apr 19, 2012
Sold by
Whittaker Jocy
Bought by
Gifted Hands Investments Llc
Seller's Agent
Darnell Welcome
LATTER & BLUM (LATT01)
Buyer's Agent
Maggie Foster
Coast to Coast Realty LLC
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Total Days on Market
326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2008
Sold by
Belancio Philip A
Bought by
Bennett Jocy W B H
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
Gifted Hands Investments Llc $135,000 --
Bennett Jocy W B H $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gifted Hands Investments Llc $221,250
Closed Gifted Hands Investments Llc $309,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2012 04/19/12 Sold -- -- --
03/20/2012 03/20/12 Pending -- -- --
04/28/2011 04/28/11 For Sale $175,000 -- $50 / 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
2025 $4,593 $34,800 $1,660 $33,140
2024 $4,663 $34,800 $1,660 $33,140
2023 $3,445 $28,500 $1,660 $26,840
2022 $3,445 $24,480 $1,660 $22,820
2021 $3,330 $23,130 $1,660 $21,470
2020 $4,143 $28,500 $1,660 $26,840
2019 $3,413 $22,590 $2,220 $20,370
2018 $3,481 $22,590 $2,220 $20,370
2017 $3,323 $22,590 $2,220 $20,370
2016 $3,429 $22,590 $2,220 $20,370
2015 $3,358 $22,590 $2,220 $20,370
2014 -- $22,590 $2,220 $20,370
2013 -- $22,590 $2,220 $20,370
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darnell Welcome

    LATTER & BLUM (LATT01)

  • M

    Buyer's Agent in 2012

    Maggie Foster

    Coast to Coast Realty LLC

    (504) 704-0866

    7 in this area

    29 Total Sales

    Maggie Foster
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Map

Source: ROAM MLS

MLS Number: 873778

APN: 3-9W-0-755-11

Louisiana Orleans Parish New Orleans 70127 Little Woods

7023 Read Ln, New Orleans, LA

This home is located at 7023 Read Ln, New Orleans, LA 70127 since 28 April 2011. This property was built in 1980. 7023 Read Ln is a home located in Orleans Parish with nearby schools including ReNEW Dolores T. Aaron Academy, Robert Russa Moton Charter School, and Lake Forest Elementary Charter School.

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