1 year on rocket

342931 Magnolia St, New Orleans, LA, 70115

$157,000

Home List Price

$1,864*

Closing Credit

6 Bedrooms
2 Full Baths
2,225 SqFt
$71/SqFt
Multi

Location

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342931 Magnolia St, New Orleans$157,000

Buyer Closing Credits

$1,864*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1923
HeatingCentral
CoolingCentral Air
MLS #2372163
Lot Size0.08 Acres
StatusActive

About 342931 Magnolia St

Convenient location. NEW ROOF in October of 2022. 3431 is gutted and has no power. 3429 has power and water. Opportunity to convert into a single or renovate it back as a duplex to your standards. Agent/Broker has an interest in the property.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 2,225 SqFt

Listing Office:

  • Office Name: Frederick Eugene Yorsch
  • Office Phone: (504) 905-6930
  • Listing Agent: FREDDY YORSCH
  • Agent Phone: (504) 905-6930

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $157,000
  • Price Per SqFt: $71/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

342931 Magnolia St vs New Orleans

708 DAYS ON ROCKET

+632 Days

$157,000

-$170.6K Less

$71/SqFt

-$119 Less

KEY TAKEAWAY

This property is $170.6K less than the Median Sold Price and $119/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: #2372163

Listing Office:

  • Office Name: Frederick Eugene Yorsch
  • Office Phone: (504) 905-6930
  • Listing Agent: FREDDY YORSCH
  • Agent Phone: (504) 905-6930

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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: 12/18/2024, 5:20:52 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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$851

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$537

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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-4411359
4
/10

  • Mildred S. Harris Elementary School

  • 1805 Bridge City Ave

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-4411360
8
/10

  • Ralph J. Bunche Elementary School

  • 8101 Simon St

  • 3.52 miles

  • Public District Grades PK-5

school-card-donut-4411361
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 3.53 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 $65,394. The most common annual income of people living in New Orleans, LA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In New Orleans, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in New Orleans, LA?

New Orleans offers a vibrant housing market with a tapestry of architectural styles that reflect its rich history, including Creole cottages, Victorian mansions, and shotgun houses. The housing landscape is diverse, with single-family homes nestled alongside multifamily complexes and historic townhouses. The city's homeownership rate is around 47%, with a significant portion of residents opting to rent, indicative of the city's dynamic and transient population.

Is New Orleans, LA a good place to live?

New Orleans is celebrated for its unique cultural heritage, a melting pot of French, African, Spanish, and American influences. The city prides itself on its world-renowned festivals such as Mardi Gras and Jazz Fest, which showcase its vibrant music scene, culinary excellence, and artistic flair. The community's character is further enriched by its bustling street life, historic neighborhoods, and the iconic French Quarter, all contributing to its distinctive ambiance.

Are things conveniently located in New Orleans, LA?

The community is served by a robust educational system, including numerous public and private schools, catering to a range of educational needs. Healthcare is supported by several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of international cuisines and traditional Creole and Cajun eateries. The city is proactive in enhancing services to meet the evolving needs of its diverse population.

What does the transportation in New Orleans, LA look like?

New Orleans' transport infrastructure includes a network of buses and streetcars, with schedules that cater to the city's main corridors. The city is known for its iconic streetcars, which provide a historic mode of transit along key routes. While certain areas boast higher walkability, such as the French Quarter and Downtown, the city is also making strides to improve bikeability with dedicated lanes and bike-sharing programs. Major roads and highways facilitate travel in and out of the city, with ongoing projects aimed at improving traffic flow and accessibility.

Rocket Homes›Louisiana›Jefferson County›New Orleans›70115›342931 Magnolia St

This home is located at 342931 Magnolia St in New Orleans, LA and zip code 70115. This 2,225 square foot home, which was built in 1923, sits on a 0.08 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2023 and is currently priced at $157,000.

In November 2024 more than 29 listings in New Orleans, LA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 161 were sold below. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. 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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