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Backup Offers

1315 Frankfort St, New Orleans, LA, 70122

$430,000

Home List Price

$5,106*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,120 SqFt
$203/SqFt
House

Location

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1315 Frankfort St, New Orleans$430,000

Buyer Closing Credits

$5,106*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Carport, Two Spaces
Year Built1960
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceGas
MLS #2464708
StatusAccepting Backup Offers
(Active Under Contract)

About 1315 Frankfort St

Beautiful Lake Terrace home just steps from Lake Pontchartrain and the Lake Terrace parks. Classic old brick constructed home with open floor plan. Kitchen with breakfast bar overlooks the dining room and family room with fireplace. Dining room and family room also have big windows overlooking the patio and back yard. Primary bedroom has large walk-in closet and wood flooring. Bonus play room could possibly be a 4th bedroom. Bedrooms 2 and 3 have new carpet. Freshly painted in and out. Attached double carport - bring the groceries in without getting in the weather. Fresh, clean and ready for a new owner to move right in. Lake Terrace subdivision restrictions apply. Also has Lake Terrace security patrol. Convenient location that has easy access to all destination points. Special finance options through Hancock Whitney. $3000 in lender closing costs. First time homeowners $10,000 in lender closing costs. Both through Hancock Whitney, not the seller. Contact listing agent for more information.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Stories: 1
  • Living Area: 2,120 SqFt

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Frank Barrett
  • Agent Phone: (504) 258-0375

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Interior: Attic, Ceiling Fan(s), Carbon Monoxide Detector, Granite Counters, Pull Down Attic Stairs, Cable TV
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch

Parking Information:

  • Parking: Attached, Carport, Two Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: St. Bernard Ave. toward the lake. Second right past Allen Toussaint

Price Information

Listing Price Info

Price Summary:

  • List Price: $430,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $3,414
  • 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

1315 Frankfort St vs New Orleans

91 DAYS ON ROCKET

+19 Days

$430,000

+$104.6K More

$203/SqFt

+$14 More

KEY TAKEAWAY

This property is $104.6K more than the Median Sold Price and $14/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: #2464708

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Frank Barrett
  • Agent Phone: (504) 258-0375

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: 11/23/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,414$28,250
2019$3,532$28,250
2018$3,594$28,250
2017$3,431$28,250

History based on county public records data.

Payment Calculator

$2,214

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,356

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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-829979
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 1.92 miles

  • Public Charter Grades PK-4

school-card-donut-829980
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 2.63 miles

  • Public District Grades PK-5

school-card-donut-829981
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 3.85 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $172,458. Residents of New Orleans, LA typically earn $200k+ each year. The most common type of family is 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 1315 Frankfort St

What is the listing price of this property?

The listing price of 1315 Frankfort St property is $430,000.

What type of property is this?

The property 1315 Frankfort St is a house located in New Orleans, Louisiana, 70122.

Is this property for sale now?

Accepting Backup Offers: 1315 Frankfort St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,414 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1315 Frankfort St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1315 Frankfort St is 2,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1315 Frankfort St is 1960.

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›1315 Frankfort St

This home is located at 1315 Frankfort St in New Orleans, LA and zip code 70122 in the Lake Terrace / Lake Oaks neighborhood. This 2,120 square foot home was built in 1960. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $430,000.

Over 20 listings were sold over their listed price in October 2024 in New Orleans, LA. In the same period over 146 listings were sold below the listed price and 35 listings were sold for the listed price. Between September 2024 and October 2024, New Orleans, LA real estate market has seen increase in the number of listings by 12.1%. The median list price of listings available in October 2024 was $325,365, while the average time on the real estate market was 72 days.

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

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