3 months on rocket

2504 Esplanade Ave, New Orleans, LA, 70119

$1,850,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
12 Full Baths
7,004 SqFt
$264/SqFt
Condo

Location

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2504 Esplanade Ave, New Orleans$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Parking Lot
Year Built1903
HeatingOther
CoolingWindow Unit(s)
MLS #2456281
StatusActive

About 2504 Esplanade Ave

SELLER FINANCING - 1.075% interest rate for 10 years with 20% downpayment. 2504 Esplanade Avenue is a 12-unit historic building on the famous Esplanade Avenue in the vibrant Treme/Lafitte neighborhood, nearby the heart of Mid-City and the French Quarter. This property maintains a high occupancy rate and has room for a new owner to increase rents. The building contains twelve (12) units with eleven (11) 1 bedroom 1 bathroom units and one (1) studio unit. The units feature beautiful hardwood flooring, high ceilings, natural light, parking lot, and exquisite landscaping. Tenants love to rent here and stay here for long periods. Don’t miss out on your chance to own a one-of-a-kind property in a historic New Orleans location that remains rented and easy to manage.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1903
  • Stories: 2
  • Living Area: 7,004 SqFt

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: Off Street, Parking Lot

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $8,178
  • 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

2504 Esplanade Ave vs New Orleans

118 DAYS ON ROCKET

+46 Days

$1,850,000

+$1.5M More

$264/SqFt

+$75 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $75/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: #2456281

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

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: 11/14/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 01, 2015Home Sold
$625,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,178$56,250
2019$8,498$56,250
2018$8,667$56,250
2017$8,276$56,250

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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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-353300
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.71 miles

  • Public Charter Grades PK-4

school-card-donut-353301
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.99 miles

  • Public Magnet Grades PK-5

school-card-donut-353302
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.04 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,823. Typical income of New Orleans, LA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2504 Esplanade Ave

What is the listing price of this property?

The listing price of 2504 Esplanade Ave property is $1,850,000.

What type of property is this?

The property 2504 Esplanade Ave is a condo located in New Orleans, Louisiana, 70119.

Is this property for sale now?

Active Listing: 2504 Esplanade Ave 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 $8,178 (source: MLS/based on county public records data).

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

The last sale was on December 1, 2015 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2504 Esplanade Ave has 11 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 2504 Esplanade Ave is 7,004 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2504 Esplanade Ave is 1903.

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›2504 Esplanade Ave

This home is located at 2504 Esplanade Ave in New Orleans, LA and zip code 70119 in the Treme neighborhood. This 7,004 square foot home was built in 1903. Features: 11 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $1,850,000.

New Orleans, LA housing market in October 2024 saw over 20 listings sold above listed price, more than 35 sold at listed price and over 146 sold below. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. 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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