1 year on rocket

313 Wallace Dr, New Orleans, LA, 70122

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
2 Full Baths
1,453 SqFt
$137/SqFt
House

Location

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313 Wallace Dr, New Orleans$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street
Year Built1948
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2394370
StatusActive

About 313 Wallace Dr

*Qualifies for Hancock Whitney 0% down Opportunity Loan!* FHA 203K LOAN to renovate and purchase. Incredible opportunity to own this Gentilly home with 3 bedrooms and 2 full bathrooms for a great price. With just a little TLC, this home will be a stunner. Great floor plan, flow and use of space. Hardwood floors throughout. Primary bedroom has walk-in closet and en-suite bathroom. Off-street parking and a large backyard. SUCCESSION PROPERTY. NO OWNER FINANCED OFFERS. NO REPAIRS WILL BE MADE. Please allow 48 hours for response to any offers, more if submitted on a weekend.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,453 SqFt

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: LESLEY F POCHE
  • Agent Phone: (504) 259-2561

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $1,567
  • 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

313 Wallace Dr vs New Orleans

549 DAYS ON ROCKET

+477 Days

$199,000

-$126.3K Less

$137/SqFt

-$52 Less

KEY TAKEAWAY

This property is $126.3K less than the Median Sold Price and $52/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: #2394370

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: LESLEY F POCHE
  • Agent Phone: (504) 259-2561

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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$1,567$10,780
2019$1,550$10,260
2018$1,581$10,260
2017$485$10,260

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-377517
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 0.88 miles

  • Public Charter Grades PK-4

school-card-donut-377518
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 3.23 miles

  • Public Charter Grades PK-6

school-card-donut-377519
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.68 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 majority of New Orleans, LA residents have income between $35k-100k annually. The majority of families are 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 313 Wallace Dr

What is the listing price of this property?

The listing price of 313 Wallace Dr property is $199,000.

What type of property is this?

The property 313 Wallace Dr is a house located in New Orleans, Louisiana, 70122.

Is this property for sale now?

Active Listing: 313 Wallace Dr 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 $1,567 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 313 Wallace Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 313 Wallace Dr is 1,453 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 313 Wallace Dr is 1948.

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›313 Wallace Dr

This home is located at 313 Wallace Dr in New Orleans, LA and zip code 70122 in the Dillard neighborhood. This 1,453 square foot home was built in 1948. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2023 and is currently priced at $199,000.

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. Between September 2024 and October 2024, New Orleans, LA real estate market has seen increase in the number of listings by 12.1%. The median list price of listings available in October 2024 was $325,365, while the average time on the real estate market was 72 days.

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

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