1 month on rocket

3520-22 Banks St, New Orleans, LA, 70119

$525,000

Home List Price

$6,234*

Closing Credit

8 Bedrooms
3 Full Baths, 1 Partial
4,348 SqFt
$121/SqFt
Multi

Location

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3520-22 Banks St, New Orleans$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage, Off Street
Year Built1920
HeatingCentral
CoolingCentral Air
MLS #2473185
Lot Size0.08 Acres
StatusActive

About 3520-22 Banks St

RAISED BASEMENT DUPLEX IN THE HEART OF MID CITY. OWNER WILLING TO CONSIDER BOND FOR DEED! WALKING DISTANCE TO RESTAURANTS, COFFEE SHOPS, GROCERIES, STREETCAR, ETC. 3-4 BEDROOMS ON EACH SIDE. 3520 HAS 2 FULL BATH(ONE IS A DOUBLE WALK IN SHOWER)/3522 1.5. FLOORPLANS ON ATTACHMENTS. AFTER KATRINA ELECTRICAL AND PLUMBING UPDATED. ROOF AFTER IDA. IN THE MID CITY SECURITY DISTRICT. AMAZING NOLA PORCH FOR ENTERTAINING OR THE MORNING COFFEE/EVENING NIGHTCAP. BEAUTIFUL STRETCH OF BANKS ST WITH GORGEOUS LIVE OAKS LINING THE BOULEVARD! BOTH UNITS HAVE A GARAGE AND DRIVEWAY. LOTS OF SQUARE FOOTAGE TO HOUSE AN OWNER OCCUPANT ON ONE SIDE AND RENT THE OTHER. REAR DECK FOR RELAXING IN REAR OR FOR BBQing. STEPS TO ENDYMION PARADE ROUTE JESUIT, AND ALL THE THINGS WHICH MAKE MID CITY SO SPECIAL! UNITS ARE MIRROR IMAGES OF EACH OTHER FLOORPLAN WISE.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 4,348 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT01)
  • Office Phone: (504) 888-4585
  • Listing Agent: Michele Branigan
  • Agent Phone: (504) 273-3936

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Garage, Off Street

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: $525,000
  • Price Per SqFt: $121/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

3520-22 Banks St vs New Orleans

59 DAYS ON ROCKET

-17 Days

$525,000

+$197.3K More

$121/SqFt

-$69 Less

KEY TAKEAWAY

This property is $197.3K more than the Median Sold Price and $69/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: #2473185

Listing Office:

  • Office Name: LATTER & BLUM (LATT01)
  • Office Phone: (504) 888-4585
  • Listing Agent: Michele Branigan
  • Agent Phone: (504) 273-3936

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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: 12/22/2024, 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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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-942245
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 2.70 miles

  • Public Charter Grades KG-5

school-card-donut-942246
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.72 miles

  • Public Charter Grades PK-5

school-card-donut-942247
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.84 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,357. The majority of New Orleans, LA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›3520-22 Banks St

This home is located at 3520-22 Banks St in New Orleans, LA and zip code 70119 in the Tulane / Gravier neighborhood. This 4,348 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $525,000.

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. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. Listings spent 76 days on the market in November 2024, and had a median list price of $327,611 during the same period.

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

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