7 months on rocket

Backup Offers

253032 Franklin Ave, New Orleans, LA, 70117

$175,000

Home List Price

$2,078*

Closing Credit

6 Bedrooms
2 Full Baths
3,278 SqFt
$53/SqFt
Multi

Location

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253032 Franklin Ave, New Orleans$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1940
HeatingNone
CoolingNone
MLS #2447117
StatusAccepting Backup Offers
(Active Under Contract)

About 253032 Franklin Ave

Come revitalize this gem that boasts some of its original features which is situated in a established neighborhood in proximity to the French Quarter, interstate, and public transportation.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2
  • Living Area: 3,278 SqFt

Listing Office:

  • Office Name: Bonner & Harris Realty
  • Office Phone: (504) 702-8886
  • Listing Agent: Latrice Bonner - Harris
  • Agent Phone: (504) 338-2429

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $53/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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

253032 Franklin Ave vs New Orleans

225 DAYS ON ROCKET

+149 Days

$175,000

-$152.6K Less

$53/SqFt

-$137 Less

KEY TAKEAWAY

This property is $152.6K less than the Median Sold Price and $137/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: #2447117

Listing Office:

  • Office Name: Bonner & Harris Realty
  • Office Phone: (504) 702-8886
  • Listing Agent: Latrice Bonner - Harris
  • Agent Phone: (504) 338-2429

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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: 12/19/2024, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$941

Per Month

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30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-144682
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 1.73 miles

  • Public Charter Grades PK-4

school-card-donut-144683
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.38 miles

  • Public Charter Grades PK-6

school-card-donut-144684
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 4.38 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 $90,203. The majority of New Orleans, LA residents have income between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›253032 Franklin Ave

This home is located at 253032 Franklin Ave in New Orleans, LA and zip code 70117 in the Lake Terrace / Lake Oaks neighborhood. This 3,278 square foot home was built in 1940. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $175,000.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. In November 2024 in New Orleans, LA there were 6.2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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