NOT LISTED FOR SALE

7620 W Judge Perez Dr Arabi, LA 70032

Estimated Value: $335,000 - $388,000

5 Beds
4 Baths
3,000 Sq Ft
$123/Sq Ft Est. Value

Last Sold June 28, 2023

Current estimated payment $2,383/month

Highlights

  • Traditional Architecture
  • Property is in excellent condition
  • Rectangular Lot
  • Central Heating and Cooling System

About This Home

As of June 2023

Rare opportunity to own a cash-flowing residential/ commercial 4-plex in BOOMING Arabi! Mixed use units (1 commercial space downstairs; 3 residential apartments). Rents below market due to long term tenants with leases in place. Downstairs is a retail shipping business and a 1/1 residential apartment (former hair salon). Upstairs consists of 3/1 and 1/1 residential apartments. All units on separate electrical meters; owner pays water. Do not disturb tenants. Back on the market with a brand new roof after the December tornado.

Last Agent to Sell the Property

MIKE FERNANDEZ

Arpent Realty and Property Man License #995715563 Listed on: 05/20/2023

Last Buyer's Agent

Madelyn Buras

United Properties License #995709867

United Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 60x110
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Carolyn Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 266
  • Assessor Parcel Number 700327620WJudgePerezDR266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,281

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 60x110
  • Subdivision Name: Carolyn Park
  • Directions: N Claiborne to Judge Perez
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 37
  • Year Built: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Living Area: 3000.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 700327620WJudgePerezDR266
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jun 28, 2023
Sold by
M Dobson Holdings Llc
Bought by
Dpd Construction Llc
Seller's Agent
MIKE FERNANDEZ
Arpent Realty and Property Man
Buyer's Agent
Madelyn Buras
United Properties
List Price
$399,000
Views
22
Current Estimated Value
$367,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.35%
Original Mortgage
$285,000
Outstanding Balance
$278,211
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$69,816

Purchase Details

Listed on
Apr 30, 2020
Closed on
Aug 3, 2020
Sold by
Stanley Timothy D
Bought by
M Dobson Holdings Llc
Seller's Agent
Loria Hamilton-Field
Unreal Estate LLC
Buyer's Agent
Amanda Miller
Amanda Miller Realty, LLC
List Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$217,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Dpd Construction Llc $384,500 Title Corp Of Louisiana
M Dobson Holdings Llc $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dpd Construction Llc $285,000
Previous Owner M Dobson Holdings Llc $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold -- -- --
05/29/2023 05/29/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $399,000 +22.8% $133 / Sq Ft
07/31/2020 07/31/20 Sold -- -- --
07/01/2020 07/01/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $325,000 -- $108 / 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 $5,281 $34,723 $3,696 $31,027
2024 $5,281 $34,723 $3,696 $31,027
2023 $3,897 $34,723 $3,696 $31,027
2022 $3,897 $41,265 $17,346 $23,919
2020 $4,689 $34,039 $3,696 $30,343
2019 $2,603 $18,196 $3,696 $14,500
2018 $2,603 $18,196 $3,696 $14,500
2017 $2,603 $18,196 $3,696 $14,500
2016 $2,608 $18,196 $3,696 $14,500
2015 $2,558 $18,196 $3,696 $14,500
2014 $2,031 $18,196 $3,696 $14,500
2013 $1,951 $18,196 $3,696 $14,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MIKE FERNANDEZ

    Arpent Realty and Property Man

    (504) 356-3897

    17 in this area

    84 Total Sales

    MIKE FERNANDEZ
    Section Image

  • M

    Buyer's Agent in 2023

    Madelyn Buras

    United Properties

    2 in this area

    7 Total Sales

    Madelyn Buras
    Section Image

  • L

    Seller's Agent in 2020

    Loria Hamilton-Field

    Unreal Estate LLC

    Section Image
  • Amanda Miller

    Buyer's Agent in 2020

    Amanda Miller

    Amanda Miller Realty, LLC

    (504) 302-4610

    58 in this area

    1,531 Total Sales

    Amanda Miller
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2395294

APN: 250701900266

Louisiana St Bernard Parish Arabi 70032

7620 W Judge Perez Dr, Arabi, LA

This home is located at 7620 W Judge Perez Dr, Arabi, LA 70032 since 20 May 2023 and is currently estimated at $367,938, approximately $122 per square foot. This property was built in 2023. 7620 W Judge Perez Dr is a home located in St. Bernard Parish with nearby schools including Arabi Elementary School, Andrew Jackson Middle School, and Chalmette High School.

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