NOT LISTED FOR SALE

7420 W Judge Perez Dr Arabi, LA 70032

Estimated Value: $447,376

-- Bed
1 Bath
3,800 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 16, 2022

Current estimated payment $3,082/month

17 Days on Market

Highlights

  • Corner Lot
  • Property has 1 Level
  • 3-minute walk to Pearl Harbor Memorial Park
  • Accessibility Features

About This Home

As of May 2022

100% occupied, income producing shopping center fronting W. Judge Perez Dr. in Arabi. This 3800 sf (95' frontage) building hosts 4 suites with a monthly rental income of $4,800. Low maintenance metal and brick building. Paved parking in the front of the building.

Last Agent to Sell the Property

Liesha Foster

Berkshire Hathaway HomeServices Preferred, REALTOR License #995689151 Listed on: 03/29/2022

Berkshire Hathaway HomeServices Preferred, REALTOR

Last Buyer's Agent

Billy Borrouso

Borrouso Realty License #995683671

Property Details

Property Type

  • Other

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 71x110
  • Corner Lot
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as C-1

Parking

  • Parking Lot

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 1 Level

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Not A Subdivision
  • Common Area

Listing and Financial Details

  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 700327420WJudgePerezDR

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.18
  • Lot Size: 71x110
  • Subdivision Name: Not a Subdivision
  • Directions: From I-12, Exit Elysian Fields, R on Elysian Fields, L on N. Claiborne Ave., Building on R.
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Retail
  • Year Built Details: 13
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Accessibility Features: Accessibility Features
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, City Lot, Rectangular Lot
  • Construction Type: Brick, Metal Siding
  • Property Condition: Repairs Cosmetic, Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 700327420WJudgePerezDR
  • Zoning Description: C-1
  • Zoning: C-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 16, 2022
Sold by
Nettles Emilie W
Bought by
7420 W Judge Perez Llc
Seller's Agent
Liesha Foster
Berkshire Hathaway HomeServices Preferred, REALTOR
Buyer's Agent
Billy Borrouso
Borrouso Realty
List Price
$490,000
Current Estimated Value
$447,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 3, 2022
Sold by
Nextline Communications Llc
Bought by
Nettles Emilie M and Nettles Mark B
Seller's Agent
Liesha Foster
Berkshire Hathaway HomeServices Preferred, REALTOR
Buyer's Agent
Billy Borrouso
Borrouso Realty
List Price
$490,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7420 W Judge Perez Llc $500,000 None Listed On Document
Nettles Emilie M -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold -- -- --
04/16/2022 04/16/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $490,000 -- $129 / 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 $8,738 $57,450 $12,600 $44,850
2024 $8,738 $57,450 $12,600 $44,850
2023 $8,106 $57,450 $12,600 $44,850
2022 $8,106 $41,968 $12,600 $29,368
2020 $5,782 $41,968 $12,600 $29,368
2019 $6,004 $41,968 $12,600 $29,368
2018 $6,004 $41,968 $12,600 $29,368
2017 $6,004 $41,968 $12,600 $29,368
2016 $6,016 $41,968 $12,600 $29,368
2015 $5,900 $41,968 $12,600 $29,368
2014 $5,900 $41,968 $12,600 $29,368
2013 $5,668 $41,968 $12,600 $29,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2338494

APN: 250701600342