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116 Oak Tree Dr, New Orleans, LA, 70124

$1,125,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,450 SqFt
$326/SqFt
House

Location

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116 Oak Tree Dr, New Orleans$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Two Spaces, Garage Door Opener
Year Built2017
HeatingNatural Gas, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
FireplaceNone
MLS #2467746
StatusActive

About 116 Oak Tree Dr

Beautiful 7 year young home tucked away in The Oaks Subdivision next to Lakewood South. Home features 11 for ceilings down and 10 feet ceilings up. Kitchen and wet bar feature marble counters and stainless appliances Large den and dining room. Primary bedroom down. All engineered wood floors downstairs. Attached two car garage. Upstairs has three large bedrooms and a bonus room with 2 full baths. Quarterly HOA fees include 24 hour security through Lakewood Security District. Great neighborhood with many activities while also being convenient to I-10 and Veterans.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2017
  • Stories: 2
  • Living Area: 3,450 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT01)
  • Office Phone: (504) 888-4585
  • Listing Agent: Deborah Ferrante
  • Agent Phone: (504) 650-7433

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Wine Cooler
  • Interior: Wet Bar, Ceiling Fan(s), Stone Counters, Stainless Steel Appliances
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Detached, Garage, Two Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: Service Rd to Oaks Subdivision

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
  • Price Per SqFt: $326/SqFt

HOA Fees:

  • Amount: $175
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $7,194
  • Tax Year: 2020
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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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

116 Oak Tree Dr vs New Orleans

58 DAYS ON ROCKET

-14 Days

$1,125,000

+$799.6K More

$326/SqFt

+$137 More

KEY TAKEAWAY

This property is $799.6K more than the Median Sold Price and $137/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: #2467746

Listing Office:

  • Office Name: LATTER & BLUM (LATT01)
  • Office Phone: (504) 888-4585
  • Listing Agent: Deborah Ferrante
  • Agent Phone: (504) 650-7433

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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: 11/15/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 25, 2016Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,194$53,220
2019$7,218$51,660
2018$2,163$14,040
2017$2,066$14,040

History based on county public records data.

Payment Calculator

$5,740

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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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.

Nearby Schools

school-card-donut-389427
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 0.90 miles

  • Public Magnet Grades PK-5

school-card-donut-389428
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 1.64 miles

  • Public District Grades PK-5

school-card-donut-389429
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 3.12 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $141,369. The majority of New Orleans, LA residents have income $200k+ annually. Most families are married, 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 116 Oak Tree Dr

What is the listing price of this property?

The listing price of 116 Oak Tree Dr property is $1,125,000.

What type of property is this?

The property 116 Oak Tree Dr is a house located in New Orleans, Louisiana, 70124.

Is this property for sale now?

Active Listing: 116 Oak Tree Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,194 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 25, 2016 for $239,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Oak Tree Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 116 Oak Tree Dr is 3,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Oak Tree Dr is 2017.

Rocket Homes›Louisiana›Orleans County›New Orleans›70124›116 Oak Tree Dr

This home is located at 116 Oak Tree Dr in New Orleans, LA and zip code 70124 in the Lakewood neighborhood. This 3,450 square foot home was built in 2017. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,125,000.

In October 2024, from all listings sold in New Orleans, LA there were more than 20 sold above asking price, over 146 sold below and more than 35 were sold right at the asked price. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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