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1002 North Arnoult Road

1002 North Arnoult Road, Metairie, LA 70001
Multifamily in Jefferson
Sold Jul 08, 2020
$625,000
$475,000 by Hancock Whitney Bank
Mortgage Due Jul 08, 2050
1002 North Arnoult Road has been categorized by the local assessors in Metairie, LA as a residential type of property. The area measurement of the land has been determined as 5,950 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1002 North Arnoult Road was last sold in Jul 6, 2020 for $625,000. Current property owners are expected to pay $9,626 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1002 North Arnoult Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $73,170. To break that down further, the land itself was valued at $7,580. While improvements to the property were assessed at a total of $65,590. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

Parking Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HESSMER FARMS
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT A SQ B HESSMER FARMS 816/715

Ownership

  • Current Owner : NABUT BROTHERS LLC
  • Previous Owner : SUCCESSION OF SALVATORE TRANCHINA JR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 028400

Zoning

  • Zoning: R2

Geography

  • District: 82
  • Parcel: 0-82-0035893
  • Block: B
  • Lot: A
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 29.9823
  • Longitude: -90.1617

    Address

  • Full Address: 1002 N Arnoult Rd
  • Address - House Number: 1002
  • Street Direction: N
  • Address - Street Name: Arnoult
  • Address - Suffix Type: Rd
  • State: LA
  • City Name: Metairie
  • Carrier Code: C021
  • 4-Digit Zip Code: 3936
  • Zip Code: 70001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,626
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2454
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 695,362
  • High Value: 866,021
  • Low Value: 524,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: HANCOCK WHITNEY BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 08, 2050

    Market Valuation

  • Market Total Value: $731,700
  • Market Land Value: $75,800
  • Market Improvement Value: $655,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,170
  • Assessed Land Value: $7,580
  • Assessed Improvements Value: $65,590

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11773847012
  • Current Sale Price: $625,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12030706

    Last Sale Mortgage

  • First Mortgage Lender: HANCOCK WHITNEY BANK
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1002 North Arnoult Road located in?
The 1002 North Arnoult Road is a multifamily located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 1002 North Arnoult Road?
The average sales price for units in 1002 North Arnoult Road is $0 currently.

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