2 months on rocket

1201 Canal St Unit 529, New Orleans, LA, 70112

$198,000

Home List Price

$2,351*

Closing Credit

1 Bedroom
1 Full Bath
648 SqFt
$306/SqFt
Condo

Location

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1201 Canal St Unit 529, New Orleans$198,000

Buyer Closing Credits

$2,351*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Available, One Space
Year Built1944
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2468233
StatusActive

About 1201 Canal St Unit 529

Own a piece of New Orleans history at the Historic Krauss building with this spacious 1BR condo with open floorplan & 12' ceilings, hardwood floors, shades, stainless steel appliances, new windows, granite counter tops, huge arched windows, all in one washer and dryer and tons of light. Sale of condo includes 1 deeded valet parking spot which is a major advantage and rare opportunity for this area! Include hotel luxuries, rooftop pool, spa, fitness center, lounge area, business center, dog run, 24hr valet parking included along with 24hr concierge & security. Walk to CBD, French Quarter, Tulane Medical Center, University Medical complex, Superdome & streetcar line. NEXA Mortgage has an investor to supply a loan on these condos. For more info visit: https://1201canal.com/lifestyle/

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1944
  • Stories: 1
  • Living Area: 648 SqFt

Listing Office:

  • Office Name: Shelnutt Real Estate Enterprises
  • Office Phone: (504) 524-1111
  • Listing Agent: Lynda Depanicis
  • Agent Phone: (504) 583-8207

Interior Features

Interior Information:

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Interior: Elevator, Granite Counters, Stainless Steel Appliances, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Assigned, Parking Available, One Space

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,000
  • Price Per SqFt: $306/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

1201 Canal St Unit 529 vs New Orleans

79 DAYS ON ROCKET

+3 Days

$198,000

-$129.6K Less

$306/SqFt

+$116 More

KEY TAKEAWAY

This property is $129.6K less than the Median Sold Price and $116/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: #2468233

Listing Office:

  • Office Name: Shelnutt Real Estate Enterprises
  • Office Phone: (504) 524-1111
  • Listing Agent: Lynda Depanicis
  • Agent Phone: (504) 583-8207

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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: 12/21/2024, 10:20:53 PM 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-810233
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.95 miles

  • Public Charter Grades PK-5

school-card-donut-810234
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.39 miles

  • Public District Grades PK-5

school-card-donut-810235
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.97 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,928. The majority of New Orleans, LA residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1201 Canal St Unit 529

What is the listing price of this property?

The listing price of 1201 Canal St Unit 529 property is $198,000.

What type of property is this?

The property 1201 Canal St Unit 529 is a condo located in New Orleans, Louisiana, 70112.

Is this property for sale now?

Active Listing: 1201 Canal St Unit 529 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1201 Canal St Unit 529 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1201 Canal St Unit 529 is 648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1201 Canal St Unit 529 is 1944.

Rocket Homes›Louisiana›Orleans County›New Orleans›70112›1201 Canal St Unit 529

This home is located at 1201 Canal St Unit 529 in New Orleans, LA and zip code 70112 in the Central Business District neighborhood. This 648 square foot home was built in 1944. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $198,000.

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 inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. In November 2024 median list price was $327,611 and the average listing age was 76 days.

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

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