5 months on rocket

2503 Milan St, New Orleans, LA, 70115

$289,000

0.17 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2449994
Lot Size0.17 Acres
StatusActive

About 2503 Milan St

Build your dream home on this expansive double corner lot on Freret Street and just two blocks from Napoleon Avenue. Live near all the dining & nightlife Freret St has to offer, the walking path on Napoleon, quick access to Claiborne and the rest of New Orleans, and Ochsner Baptist Hospital. Just two blocks to the proposed new grocery store! <br><br> Two lots of record on one tax bill, likely a candidate for building two new homes. Zoned HU-RD2. The possibilities are endless!

Property Details

Property Features

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Michael Humphrey
  • Agent Phone: (504) 756-3133

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Oversized Lot
  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: From Napoleon, turn downtown on Freret St, lot is on the northeast corner of Milan and Freret

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
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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 Milan St vs New Orleans

177 DAYS ON ROCKET

+105 Days

$289,000

-$36.3K Less

KEY TAKEAWAY

This property is $36.3K less than the Median Sold Price in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2449994

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Michael Humphrey
  • Agent Phone: (504) 756-3133

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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: 11/22/2024, 2:20:49 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 - $10,800
2019 - $14,400
2018 - $14,400
2017 - $14,400

History based on county public records data.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-639484
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.86 miles

  • Public Charter Grades KG-5

school-card-donut-639485
7
/10

  • Judge Lionel R. Collins Elementary School

  • 500 Pine St

  • 2.80 miles

  • Public District Grades PK-5

school-card-donut-639486
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.89 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 $21,139. The majority of New Orleans, LA residents have income less than $35k annually. 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 Milan St

What is the listing price of this property?

The listing price of 2503 Milan St property is $289,000.

What type of property is this?

The property 2503 Milan St is land located in New Orleans, Louisiana, 70115.

Is this property for sale now?

Active Listing: 2503 Milan St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2503 Milan St is 0.17 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70115›2503 Milan St

This home is located at 2503 Milan St in New Orleans, LA and zip code 70115 in the Milan neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $289,000.

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. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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