6 months on rocket

2503-05 S Galvez St, New Orleans, LA, 70125

$29,500

$9/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2442606
StatusActive

About 2503-05 S Galvez St

Great opportunity for an investor to build on this exceptional vacant multi-family residential lot zoned HU-RD2! So. Galvez is a nicely paved street that offers curbing, sidewalks, sod, mature oak trees and street lights on the median. Land Survey provided by Seller. New construction and renovations nearby. Source of title is a quieted tax sale with full title insurance underwritten by US National Title Insurance Co. Seller offers $1,500 toward buyers' closing costs to close with Title Stream on N. Causeway Blvd. Buyer to verify utilities at site, zoning and city building requirements. Come and build your dream home!

Property Details

Property Features

Property Information:

  • Living Area: 3,120 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Christie Kennedy
  • Agent Phone: (504) 400-3311

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Other

Directions Information:

  • Directions: Head NW on Jackson Ave. toward US-90 E/S. Claiborne Ave., turn left onto S. Galvez, turn Right then immediately turn left onto S. Galvez, lot is on the Right, between 2nd & 3rd St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $29,500
  • Price Per SqFt: $9/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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

2503-05 S Galvez St vs New Orleans

208 DAYS ON ROCKET

+136 Days

$29,500

-$295.8K Less

$9/SqFt

-$180 Less

KEY TAKEAWAY

This property is $295.8K less than the Median Sold Price and $180/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: #2442606

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Christie Kennedy
  • Agent Phone: (504) 400-3311

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: 11/18/2024, 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

We're sorry, we currently don't have sales or tax history data for this listing.

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$215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$155

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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-692654
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.18 miles

  • Public Charter Grades KG-5

school-card-donut-692655
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.78 miles

  • Public Magnet Grades PK-5

school-card-donut-692656
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 3.23 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 $64,545. Most New Orleans, LA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2503-05 S Galvez St

What is the listing price of this property?

The listing price of 2503-05 S Galvez St property is $29,500.

What type of property is this?

The property 2503-05 S Galvez St is land located in New Orleans, Louisiana, 70125.

Is this property for sale now?

Active Listing: 2503-05 S Galvez St is For Sale (Active/New) which means the seller is accepting offers.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70125›2503-05 S Galvez St

This home is located at 2503-05 S Galvez St in New Orleans, LA and zip code 70125 in the Fontainbleau / Marlyville neighborhood. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $29,500.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 146 were sold below. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

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

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