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1229 Farragut St, New Orleans, LA, 70114

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
2 Full Baths
1,207 SqFt
$145/SqFt
House

Location

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1229 Farragut St, New Orleans$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Three or more Spaces
Year Built1947
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
FireplaceNone
MLS #2476535
Lot Size0.13 Acres
StatusActive

About 1229 Farragut St

Cute cottage in old Algiers on large lot with separate guest house in back. Main house features 2 bedrooms, plus loft, full bath, washer & dryer, and boasts beautiful wood floors, open floor plan with kitchen, living & dining and double glass doors opening out onto back porch. The large yard with pecan tree, front porch, and deck off back of main house provide plenty of opportunities to enjoy the great outdoors! Separate guest house in back has full bath w/ shower and kitchenette – great potential for rental income! Plenty of off-street parking. Two blocks to Federal City. Ten minutes from downtown! Seller has been gone for a while so it needs a little TLC.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1947
  • Stories: 1
  • Living Area: 1,207 SqFt

Listing Office:

  • Office Name: Property New Orleans, LLC
  • Office Phone: (504) 354-2556
  • Listing Agent: Adele Borie
  • Agent Phone: (504) 715-3281

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Ice Maker, Oven, Range, Refrigerator, Washer
  • Interior: Attic, Ceiling Fan(s), Guest Accommodations, Granite Counters, Stainless Steel Appliances, Vaulted Ceiling(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway, Off Street, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $2,371
  • 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

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

1229 Farragut St vs New Orleans

35 DAYS ON ROCKET

-39 Days

$175,000

-$150.6K Less

$145/SqFt

-$46 Less

KEY TAKEAWAY

This property is $150.6K less than the Median Sold Price and $46/SqFt less 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: #2476535

Listing Office:

  • Office Name: Property New Orleans, LLC
  • Office Phone: (504) 354-2556
  • Listing Agent: Adele Borie
  • Agent Phone: (504) 715-3281

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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: 1/5/2025, 2:20:52 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

Nov 15, 2017Home Sold
$179,900
Jul 31, 2015Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,371$16,190
2019$681$4,500
2018$695$4,500
2017$663$4,500

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-476672
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 0.79 miles

  • Public Charter Grades PK-5

school-card-donut-476673
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.55 miles

  • Public District Grades PK-5

school-card-donut-476674
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 1.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,136. Typical income of New Orleans, LA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1229 Farragut St

What is the listing price of this property?

The listing price of 1229 Farragut St property is $175,000.

What type of property is this?

The property 1229 Farragut St is a house located in New Orleans, Louisiana, 70114.

Is this property for sale now?

Active Listing: 1229 Farragut St 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 $2,371 (source: MLS/based on county public records data).

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

The last sale was on November 15, 2017 for $179,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1229 Farragut St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1229 Farragut St is 1,207 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1229 Farragut St is 1947.

Rocket Homes›Louisiana›Orleans County›New Orleans›70114›1229 Farragut St

This home is located at 1229 Farragut St in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 1,207 square foot home, which was built in 1947, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $175,000.

In December 2024, from all listings sold in New Orleans, LA there were more than 26 sold above asking price, over 204 sold below and more than 46 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between November 2024 and December 2024 increased by 0.5%. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.

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

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