13 days on rocket

1031 Orleans Ave, New Orleans, LA, 70116

$1,599,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,444 SqFt
$465/SqFt
House
Schools Nearby

Location

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1031 Orleans Ave, New Orleans$1,599,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1858
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2449418
StatusActive

About 1031 Orleans Ave

Enjoy an enriching life at this centrally-located historic French Quarter Home! A 3 story masterpiece, it will take you in, with 4 bedrooms (currently setup as 5) and 4.5 baths! Enjoy a cocktail on your private balcony or courtyard before you venture out into the fun ambiance of historic New Orleans! The first floor boasts a living room with reclining seats on a sofa and love seat, a roomy kitchen and a half bath! The second floor is home to two bedrooms and a full bath and the third the final bedroom/bath! The guest house conveniently located both off the courtyard and from the second floor of the main home via the back balcony boasts one (or two if you choose) bedrooms separated by a spiral staircase. Both rooms have en-suite baths with stand up showers! The guest house also houses the cutest kitchen and nook for your houseguests to stay close but not too close! Will consider Lease Purchase. Co-listing agent is the owner.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Creole
  • Year Built: 1858
  • Stories: 2
  • Living Area: 3,444 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT09)
  • Office Phone: (504) 948-3011
  • Listing Agent: Michael Verderosa
  • Agent Phone: (504) 442-5277

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Wine Cooler, Washer
  • Interior: Ceiling Fan(s), Stainless Steel Appliances
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,900
  • Price Per SqFt: $465/SqFt

Tax Information:

  • Annual Amount: $15,013
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$325K

Med. Price/SqFt

$191

Avg. Days On Market

60

# of Sold Homes

348

1031 Orleans Ave vs New Orleans

13 DAYS ON ROCKET

-47 Days

$1,599,900

+$1.2M More

$465/SqFt

+$273 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $273/SqFt more than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2449418

Listing Office:

  • Office Name: LATTER & BLUM (LATT09)
  • Office Phone: (504) 948-3011
  • Listing Agent: Michael Verderosa
  • Agent Phone: (504) 442-5277

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$15,013$103,270
2019$15,147$100,260
2018$15,448$100,260
2017$16,455$111,850

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7875003
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.69 miles

  • Public District Grades PK-2

school-card-donut-7875004
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.92 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7875005
5
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.82 miles

  • Public District Grades PK-8

High School

school-card-donut-7875006
6
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.61 miles

  • Public District Grades 9-12

school-card-donut-7875007
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.94 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,717. The majority of New Orleans, LA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1031 Orleans Ave

What is the listing price of this property?

The listing price of 1031 Orleans Ave property is $1,599,900.

What type of property is this?

The property 1031 Orleans Ave is a house located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 1031 Orleans Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1031 Orleans Ave are:
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Benjamin Franklin Elementary Math and Science: GreatSchools Rating 5/10
McDonogh #35 College Preparatory School: GreatSchools Rating 6/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $15,013 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1031 Orleans Ave has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1031 Orleans Ave is 3,444 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1031 Orleans Ave is 1858.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›1031 Orleans Ave

This home is located at 1031 Orleans Ave in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 3,444 square foot home was built in 1858. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $1,599,900.

Over 36 listings were sold over their listed price in May 2024 in New Orleans, LA. In the same period over 246 listings were sold below the listed price and 66 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between April 2024 and May 2024 increased by 10.6%. While the average time on the market in May 2024 was 60 days, the median list price was $325,090.

From Rocket Homes Real Estate and based on county public records data.

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