NOT LISTED FOR SALE

7220 St Claude Ave Arabi, LA 70032

Estimated Value: $636,767

-- Bed
-- Bath
8,414 Sq Ft
$76/Sq Ft Est. Value

Last Sold June 15, 2021

Current estimated payment $4,158/month

About This Home

As of June 2021

Multitude of possibilities on this gorgeous class A office plus warehouse space in Arabi! ALL newly renovated and smart features throughout the building. Downstairs has conference room, office space and bathrooms. Upstairs has 9 private offices, beautiful kitchen, bathrooms, laundry hookups and conference room with an amazing view! Minutes to downtown and French Quarter, and parking! SO much bang for the buck!

Last Agent to Sell the Property

Liz Tardo

Compass Uptown (LATT07) License #995701107 Listed on: 07/06/2020

Compass Uptown (LATT07)

Co-Listed By

Nick Underwood

Compass Uptown (LATT07) License #995698480

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • Lot Dimensions are 60x125
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as C-2

Parking

  • Garage

Home Design

  • Metal Siding

Interior Spaces

  • 8,414 Sq Ft Home
  • Property has 2 Levels

Location

  • City Lot

Listing and Financial Details

  • Tax Lot C & D
  • Assessor Parcel Number 700327220StClaudeAVC&D

Property Details

Property Type

Other

Year Built

Built in 2015 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 60x125
  • Co List Office Mls Id: NHRG01
  • Co List Office Phone: (504) 521-1100
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office, Warehouse
  • Year Built Details: 5
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 2015

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Metal Siding, Concrete
  • Property Condition: Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700327220StClaudeAVC&D
  • Zoning Description: C-2
  • Zoning: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: C & D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Arlene And Joseph Meraux Charitable Foun
Bought by
Wendelta Property Holdings Llc
Current Estimated Value
$636,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500,000
Outstanding Balance
$91,517,947
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$90,881,180

Purchase Details

Closed on
Jul 30, 2015
Sold by
Jaconne Facio Jennie and Facio Julius J
Bought by
Arabi Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
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
Wendelta Property Holdings Llc $750,000 First Title
Arabi Landing Llc $175,000 Crescent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendelta Property Holdings Llc $92,500,000
Previous Owner Arabi Landing Llc $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold -- -- --
05/16/2021 05/16/21 Pending -- -- --
07/06/2020 07/06/20 For Sale $899,000 -- $107 / 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 -- $61,294 $4,500 $56,794
2024 $9,384 $61,294 $4,500 $56,794
2023 $12,064 $61,294 $4,500 $56,794
2022 $12,064 $85,500 $4,500 $81,000
2020 $9,402 $68,250 $3,000 $65,250
2019 $9,763 $68,250 $3,000 $65,250
2018 $9,763 $68,250 $3,000 $65,250
2017 $3,353 $23,437 $3,000 $20,437
2016 $3,360 $23,437 $3,000 $20,437
2015 $630 $4,479 $3,000 $1,479
2014 $630 $4,479 $3,000 $1,479
2013 $605 $4,479 $3,000 $1,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2259781

APN: 25100120000C