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2721 Palmyra St, New Orleans, LA, 70119

$150,000

Home List Price

$1,781*

Closing Credit

2 Bedrooms
1 Full Bath
1,200 SqFt
$125/SqFt
House

Location

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2721 Palmyra St, New Orleans$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, One Space
Year Built1900
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2480246
Lot Size0.06 Acres
StatusActive

About 2721 Palmyra St

This two-story cottage in New Orleans presents a fantastic investment opportunity with loads of potential. The layout features a living room and kitchen on the first floor, while the second floor offers two bedrooms and a bathroom. With ample room to customize, this home provides a perfect canvas for investors looking to transform it into a modern residence or rental property. Its prime location adds significant value, making it an excellent choice for those seeking to capitalize on the growing New Orleans market. With the right vision and renovation, you could make this property your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Creole
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (504) 321-4996
  • Listing Agent: Jason Gale
  • Agent Phone: (504) 356-1663

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Carport, One Space

Virtual/3D Tour

  • 3D Tour: 2721 Palmyra St
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Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $2,536
  • 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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2721 Palmyra St vs New Orleans

1 DAY ON ROCKET

-75 Days

$150,000

-$177.6K Less

$125/SqFt

-$65 Less

KEY TAKEAWAY

This property is $177.6K less than the Median Sold Price and $65/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: #2480246

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (504) 321-4996
  • Listing Agent: Jason Gale
  • Agent Phone: (504) 356-1663

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: 12/25/2024, 9:20:53 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$2,536$16,100
2019$2,561$15,630
2018$2,628$15,630
2017$2,015$12,200

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-1573536
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.52 miles

  • Public Magnet Grades PK-5

school-card-donut-1573537
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 2.59 miles

  • Public Charter Grades KG-5

school-card-donut-1573538
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.05 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 $28,409. Typical income of New Orleans, LA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2721 Palmyra St

What is the listing price of this property?

The listing price of 2721 Palmyra St property is $150,000.

What type of property is this?

The property 2721 Palmyra St is a house located in New Orleans, Louisiana, 70119.

Is this property for sale now?

Active Listing: 2721 Palmyra St 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 $2,536 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2721 Palmyra St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2721 Palmyra St is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2721 Palmyra St is 1900.

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›2721 Palmyra St

This home is located at 2721 Palmyra St in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 1,200 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $150,000.

While more than 29 listings in New Orleans, LA in November 2024 were sold above asking price, there were more than 41 listings sold at asking price, and more than 161 were sold below. 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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