6 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.

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

253032 Franklin Ave vs New Orleans

194 DAYS ON ROCKET

+122 Days

$175,000

-$150.3K Less

$53/SqFt

-$136 Less

KEY TAKEAWAY

This property is $150.3K less than the Median Sold Price and $136/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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Last updated on: 11/17/2024, 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

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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-505445
3
/10
  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 1.73 miles

  • Public Charter Grades PK-4

school-card-donut-505446
4
/10
  • Kipp East Community

  • 6519 Virgilian St

  • 2.38 miles

  • Public Charter Grades PK-6

school-card-donut-505447
7
/10
  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 4.38 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,203. The most common annual income of people living in New Orleans, LA is between $100k-200k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans70117253032 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 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. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $325,365.

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

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