21 days on rocket

540 Lafitte St, Mandeville, LA, 70448

$235,000

Home List Price

$2,791*

Closing Credit

2 Bedrooms
1 Full Bath
1,100 SqFt
$214/SqFt
House
Schools Nearby

Location

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540 Lafitte St, Mandeville$235,000

Buyer Closing Credits

$2,791*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1932
HeatingOther
CoolingWindow Unit(s)
FireplaceNone
MLS #2446374
Lot Size0.23 Acres
StatusActive

About 540 Lafitte St

Commercial/Residential lot in high demand Old Mandeville located by Mandeville Trailhead. HISTORICAL HOUSE, HOUSE NEEDS TOTAL RESTORATION, OVERSIZE LOT. MUST GO THROUGH MANDEVILLE HISTORIC ASSOCATION FOR GUIDELINES. An excellent chance awaits to reside, work, and enjoy life in the heart of the Old Mandeville Business District (B3). Located merely 5 blocks away from the picturesque Mandeville Lakefront and a mere ½ block from the Mandeville Trailhead, this property boasts exceptional residential and commercial prospects. Offered at a price to make this property your own. Moreover, there's significant potential for Historic Tax Credits, Historic Property Tax Abatement and Section 179 Bonus Depreciation for renovations. Historic Tax Credits: Tax Incentives | Division of Historic Preservation (state.la.us) Historic Property Tax Abatement: Tax Abatements | Division of Historic Preservation (state.la.us) Section 179 Bonus Depreciation: Publication 946 (2022), How To Depreciate Property | Internal Revenue Service (irs.gov). For more information, visit: https://www.crt.state.la.us/cultural-development/historic-preservation/grants. DO NOT ENTER THE HOUSE WITHOUT AN HOLD HARMLESS RELEASE AUTHORIZATION FORM SIGNED.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1932
  • Stories: 1
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT27)
  • Office Phone: (985) 626-8589
  • Listing Agent: Melinda Dahmer
  • Agent Phone: (504) 421-6755

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Mandeville High School, Public District Grades 9-12
  • Mandeville Junior High School, Public District Grades 7-8
  • Mandeville Elementary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: Head South on Lafitte St from Hwy 190, the property will be on the right after you pass the trailhead.

Price Information

Listing Price Info

Price Summary:

  • List Price: $235,000
  • Price Per SqFt: $214/SqFt

Tax Information:

  • Annual Amount: $1,790
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mandeville, LA.

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Mandeville, LA

City

Med. Sold Price

$347.7K

Med. Price/SqFt

$176

Avg. Days On Market

42

# of Sold Homes

54

540 Lafitte St vs Mandeville

21 DAYS ON ROCKET

-21 Days

$235,000

-$112.7K Less

$214/SqFt

+$38 More

KEY TAKEAWAY

This property is $112.7K less than the Median Sold Price and $38/SqFt more than other homes in Mandeville, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2446374

Listing Office:

  • Office Name: LATTER & BLUM (LATT27)
  • Office Phone: (985) 626-8589
  • Listing Agent: Melinda Dahmer
  • Agent Phone: (504) 421-6755

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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: 5/28/2024, 7:20:33 PM 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$1,790$12,816
2019$1,790$10,137
2018$1,469$10,137
2017$1,495$10,137

History based on county public records data.

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$1,240

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-3888948
8
/10

  • Mandeville Elementary School

  • 519 Massena St

  • 0.98 miles

  • Public District Grades PK-3

Middle School

school-card-donut-3888949
9
/10

  • Mandeville Junior High School

  • 639 Carondelet St

  • 0.63 miles

  • Public District Grades 7-8

High School

school-card-donut-3888950
8
/10

  • Mandeville High School

  • 1 Skipper Dr

  • 2.55 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,492. Most Mandeville, LA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Lafitte St

What is the listing price of this property?

The listing price of 540 Lafitte St property is $235,000.

What type of property is this?

The property 540 Lafitte St is a house located in Mandeville, Louisiana, 70448.

Is this property for sale now?

Active Listing: 540 Lafitte St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 540 Lafitte St are:
Mandeville Elementary School: GreatSchools Rating 8/10
Mandeville Junior High School: GreatSchools Rating 9/10
Mandeville High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,790 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 540 Lafitte St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 540 Lafitte St is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Lafitte St is 1932.

Rocket Homes›Louisiana›Saint Tammany County›Mandeville›70448›540 Lafitte St

This home is located at 540 Lafitte St in Mandeville, LA and zip code 70448. This 1,100 square foot home, which was built in 1932, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $235,000.

In April 2024, from all listings sold in Mandeville, LA there were more than 9 sold above asking price, over 32 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Mandeville, LA increased by 12.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 42 days, the median list price was $347,750.

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

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