4 months on rocket

3431 Ridgeway Blvd, New Orleans, LA, 70129

$189,000

0.45 Acres
Land

Location

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Property Highlights

Home TypeOther
ParkingBoat, RV Access/Parking
WaterfrontWaterfront, Lake Front
MLS #2461770
Lot Size0.45 Acres
StatusActive

About 3431 Ridgeway Blvd

INCOME PRODUCING... Sportsman's paradise on Irish Bayou, selling for land value only. This property includes 3 parcels, it spans 164' x 120' on both sides of the highway. On one side, there's a spacious 3 parcel lot suitable for construction or placing a trailer/camper • 165' x 70' usufruct on the bayou side of the highway, directly across, there's a concrete boat launch and 4 rentable Boat Slips. The property includes a trailer (no value) and a 20'x40' bait shop building which is damaged from Hurricane Ida and has no value. It is equipped with a large live bait well that will remain with the property. Currently the property receives $1,100 + in total monthly income (•) 2 Campers leasing at $300 each a month (•) 1 Boat Slip leasing at $300 month (•) Boat Launch receives approximately $200-$300 a month. This property offers abundant business potential, could also serve as an excellent location for a commercial seafood dock, kayak rentals, or a personal campsite with revenue potential.

Property Details

Property Features

Listing Office:

  • Office Name: LATTER & BLUM (LATT27)
  • Office Phone: (985) 626-8589
  • Listing Agent: Melinda Dahmer
  • Agent Phone: (504) 421-6755

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Lake Front
  • Exterior: Dock

Parking Information:

  • Parking: Boat, RV Access/Parking

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.45 Acres

Other

Directions Information:

  • Directions: From I-10, get off at the Irish Bayou Exit, property is 1/2 mile down

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
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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

3431 Ridgeway Blvd vs New Orleans

133 DAYS ON ROCKET

+57 Days

$189,000

-$138.6K Less

KEY TAKEAWAY

This property is $138.6K less than the Median Sold Price in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2461770

Listing Office:

  • Office Name: LATTER & BLUM (LATT27)
  • Office Phone: (985) 626-8589
  • Listing Agent: Melinda Dahmer
  • Agent Phone: (504) 421-6755

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Last updated on: 12/18/2024, 9:20:54 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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Recommended Financing

30-Year Fixed

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-4468778
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.20 miles

  • Public Magnet Grades PK-5

school-card-donut-4468779
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 1.60 miles

  • Public District Grades PK-5

school-card-donut-4468780
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 3.33 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,721. The majority of New Orleans, LA residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3431 Ridgeway Blvd

What is the listing price of this property?

The listing price of 3431 Ridgeway Blvd property is $189,000.

What type of property is this?

The property 3431 Ridgeway Blvd is land located in New Orleans, Louisiana, 70129.

Is this property for sale now?

Active Listing: 3431 Ridgeway Blvd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3431 Ridgeway Blvd is 0.45 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70129›3431 Ridgeway Blvd

This home is located at 3431 Ridgeway Blvd in New Orleans, LA and zip code 70129 in the Navarre neighborhood. This home sits on a 0.45 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $189,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $327,611.

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

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