7 months on rocket

1029 Barracks St Unit 2, New Orleans, LA, 70116

$325,000

Home List Price

$3,859*

Closing Credit

1 Bedroom
1 Full Bath
450 SqFt
$722/SqFt
Condo

Location

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1029 Barracks St Unit 2, New Orleans$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1900
HeatingMulti Unit(s)
CoolingMulti Unit(s)
FireplaceNone
MLS #2447815
Lot Size0.02 Acres
StatusActive

About 1029 Barracks St Unit 2

Welcome to this beautifully renovated condominium, ideally located on the edge of the French Quarter, offering quick access to all the vibrant neighborhood has to offer. This charming pied-à-terre features access to a serene courtyard, complete with a refreshing pool and relaxing hot tub. Perfect for both relaxation and entertaining, this space promises a unique blend of convenience and luxury. Experience the best of New Orleans living in this exquisite home. Additionally, the owner is open to facilitating a bond for deed contract, providing an excellent opportunity for buyers. With a 20% down payment, buyers can secure a favorable 8.5% interest rate with a 3-year balloon payment option. Furthermore, this property is also available for rent at $2,500 per month, offering flexibility with a lease purchase option. This is a perfect chance for those looking to invest in or gradually transition into New Orleans living.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Patio Home
  • Year Built: 1900
  • Stories: 1
  • Living Area: 450 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Arthur Laughlin
  • Agent Phone: (504) 434-5002

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s), Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s)
  • Cooling: Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $722/SqFt
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Housing Market Comparison

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

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New Orleans, LA

City

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

1029 Barracks St Unit 2 vs New Orleans

219 DAYS ON ROCKET

+143 Days

$325,000

-$2.6K Less

$722/SqFt

+$532 More

KEY TAKEAWAY

This property is $2.6K less than the Median Sold Price and $532/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: #2447815

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Arthur Laughlin
  • Agent Phone: (504) 434-5002

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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: 12/22/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

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.

Nearby Schools

school-card-donut-930201
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.02 miles

  • Public Charter Grades PK-5

school-card-donut-930202
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.73 miles

  • Public District Grades PK-5

school-card-donut-930203
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.05 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,883. Most New Orleans, LA residents have annual incomes less than $35k. Typical family type 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 1029 Barracks St Unit 2

What is the listing price of this property?

The listing price of 1029 Barracks St Unit 2 property is $325,000.

What type of property is this?

The property 1029 Barracks St Unit 2 is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 1029 Barracks St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1029 Barracks St Unit 2 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1029 Barracks St Unit 2 is 450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1029 Barracks St Unit 2 is 1900.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›1029 Barracks St Unit 2

This home is located at 1029 Barracks St Unit 2 in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 450 square foot home, which was built in 1900, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $325,000.

New Orleans, LA housing market in November 2024 saw over 29 listings sold above listed price, more than 41 sold at listed price and over 161 sold below. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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