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Backup Offers

302 Wallace Dr, New Orleans, LA, 70122

$145,000

Home List Price

$1,722*

Closing Credit

3 Bedrooms
1 Full Bath
864 SqFt
$168/SqFt
House

Location

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302 Wallace Dr, New Orleans$145,000

Buyer Closing Credits

$1,722*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Off Street, Two Spaces
Year Built1950
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2462981
StatusAccepting Backup Offers
(Active Under Contract)

About 302 Wallace Dr

302 Wallace Drive is looking for a new owner. Looking for a well maintained investment property to add to your portfolio or a starter home with very little maintenace needed? Its located short distance to Dillard University and a short drive to UNO. The neighborhood is a quiet area with many long term residents where other homes in the area are also well maintained. It offers 3 bedrooms with 1 bathroom, central air/heat, 5 year old roof, and interior washer/dryer hookups large backyard with plenty of space for play or entertaining, and off street parking. Its also located in flood zone X.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1950
  • Stories: 1
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: United Real Estate Partners LLC
  • Office Phone: (504) 305-4930
  • Listing Agent: Ronda Smith
  • Agent Phone: (504) 812-7886

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Carport, Off Street, Two Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $145,000
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $1,109
  • 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

302 Wallace Dr vs New Orleans

93 DAYS ON ROCKET

+21 Days

$145,000

-$180.3K Less

$168/SqFt

-$21 Less

KEY TAKEAWAY

This property is $180.3K less than the Median Sold Price and $21/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: #2462981

Listing Office:

  • Office Name: United Real Estate Partners LLC
  • Office Phone: (504) 305-4930
  • Listing Agent: Ronda Smith
  • Agent Phone: (504) 812-7886

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.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

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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: 11/15/2024, 6:20:49 AM 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$1,109$7,630
2019$1,074$7,110
2018$1,096$7,110
2017$1,046$7,110

History based on county public records data.

Payment Calculator

$791

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$501

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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-378160
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 0.91 miles

  • Public Charter Grades PK-4

school-card-donut-378161
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 3.25 miles

  • Public Charter Grades PK-6

school-card-donut-378162
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.69 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 $40,000. The most common annual income of people living in New Orleans, LA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 302 Wallace Dr

What is the listing price of this property?

The listing price of 302 Wallace Dr property is $145,000.

What type of property is this?

The property 302 Wallace Dr is a house located in New Orleans, Louisiana, 70122.

Is this property for sale now?

Accepting Backup Offers: 302 Wallace Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,109 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 302 Wallace Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 302 Wallace Dr is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 302 Wallace Dr is 1950.

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›302 Wallace Dr

This home is located at 302 Wallace Dr in New Orleans, LA and zip code 70122 in the Dillard neighborhood. This 864 square foot home was built in 1950. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $145,000.

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 inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. In October 2024 median list price was $325,365 and the average listing age was 72 days.

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

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