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5720 Arlene Street

5720 Arlene Street, Metairie, LA 70003
Property in Jefferson
Sold Mar 10, 2020
$284,000
$261,280 by Gulf Coast Bank & Trust Compan
Mortgage Due Mar 10, 2050
Sold Aug 29, 2019
$75,000
$300,000 by 3rd Party Individual
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 6,287 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5720 Arlene Street sold most recently in Mar 6, 2020 for a total of $284,000. Before that, the property was also sold for $75,000 in Aug 28, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,563 in taxes each year. 5720 Arlene Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,980. If we break it down further, the land itself was valued at $4,730. Improvements to the property, however, were assessed at a total of $22,250. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 6,287
  • 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: WILLOWDALE
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 866 SQ 9 SEC 9 WILLOWDALE

Ownership

  • Current Owner : ALBA IGOR V
  • Previous Owner : NORTHWIND LA PROPERTY INVESTMENTS LLC
  • Owner Before Previous Owner: FAHRMAN RYAN JOAN
  • Owner Before Previous Owner 2: RYAN JAMES LEO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jefferson Parish School District
  • Census Tract: 029800

Zoning

  • Zoning: R1A

Geography

  • District: 82
  • Section: 9
  • Parcel: 0-82-0023251
  • Block: 9
  • Lot: 866
  • Municipality: AIRLINE HWY TO LK
  • Latitude: 30.0028
  • Longitude: -90.2033

    Address

  • Full Address: 5720 Arlene St
  • Address - House Number: 5720
  • Address - Street Name: Arlene
  • Address - Suffix Type: St
  • State: LA
  • City Name: Metairie
  • Carrier Code: C033
  • 4-Digit Zip Code: 1706
  • Zip Code: 70003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,563
  • Tax Rate Code Area: 82-AIRLINE

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 356,897
  • High Value: 445,012
  • Low Value: 268,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $261,280
  • First Open Lien Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Mar 10, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $261,280
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2050

    Market Valuation

  • Market Total Value: $269,800
  • Market Land Value: $47,300
  • Market Improvement Value: $222,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,980
  • Assessed Land Value: $4,730
  • Assessed Improvements Value: $22,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 10, 2020
  • Current Sale Transaction ID: 11748299324
  • Current Sale Price: $284,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12012593
  • Previous Sale Recording Date: Aug 29, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST COMPAN
  • First Mortgage Transaction Date: Mar 10, 2020
  • First Mortgage Loan Amount: $261,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: 3RD PARTY INDIVIDUAL
  • Previous Mortgage Transaction Date: Aug 29, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 5720 Arlene Street located in?
The 5720 Arlene Street is a located in the neighborhood of Jefferson in Metairie, Metairie.
What is the average sales price for listings in 5720 Arlene Street?
The average sales price for units in 5720 Arlene Street is $0 currently.

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