10 months on rocket

1620 Rev John Raphael Jr Way, New Orleans, LA, 70113

$120,000

Home List Price

$1,425*

Closing Credit

5 Bedrooms
3 Full Baths
1,385 SqFt
$87/SqFt
Multi

Location

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1620 Rev John Raphael Jr Way, New Orleans$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOne Space
Year Built1973
HeatingNone
CoolingNone
MLS #2421672
Lot Size0.06 Acres
StatusActive

About 1620 Rev John Raphael Jr Way

This corner triplex presents an amazing investment opportunity. Has served as several businesses. It was previously a barber shop, beauty shop and income tax office. Don't miss out on the opportunity to renovate and flip or use for rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,385 SqFt

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Myrna Keys
  • Agent Phone: (504) 473-3426

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: One Space

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Martin luther King Drive to Rev John Raphael Jr. Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $1,403
  • 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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

1620 Rev John Raphael Jr Way vs New Orleans

308 DAYS ON ROCKET

+232 Days

$120,000

-$207.6K Less

$87/SqFt

-$103 Less

KEY TAKEAWAY

This property is $207.6K less than the Median Sold Price and $103/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: #2421672

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Myrna Keys
  • Agent Phone: (504) 473-3426

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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: 12/18/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,403$9,650
2019$1,457$9,650
2018$2,156$13,990
2017$2,058$13,990

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-4545922
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-4545923
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.23 miles

  • Public Charter Grades PK-5

school-card-donut-4545924
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.42 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 $13,669. The majority of New Orleans, LA residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70113›1620 Rev John Raphael Jr Way

This home is located at 1620 Rev John Raphael Jr Way in New Orleans, LA and zip code 70113 in the Central City neighborhood. This 1,385 square foot home, which was built in 1973, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $120,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. In November 2024 in New Orleans, LA there were 6.2% more homes for sale than in October 2024. 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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