15 days on rocket

3555 Somerset Dr, New Orleans, LA, 70131

$75,000

Home List Price

$891*

Closing Credit

3 Bedrooms
2 Full Baths
1,798 SqFt
$42/SqFt
House

Location

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3555 Somerset Dr, New Orleans$75,000

Buyer Closing Credits

$891*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Two Spaces
Year Built1981
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2474474
Lot Size0.18 Acres
StatusActive

About 3555 Somerset Dr

Home has foundation issues attached is the estimate from Reliable Shoring and Davie Shoring.Bring all offers, subject to bank approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1981
  • Stories: 1
  • Living Area: 1,798 SqFt

Listing Office:

  • Office Name: World Class Realty, LLC
  • Office Phone: (504) 250-4746
  • Listing Agent: Jahda Muhammad
  • Agent Phone: (504) 250-4746

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway, Two Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $75,000
  • Price Per SqFt: $42/SqFt

Tax Information:

  • Annual Amount: $2,077
  • 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

3555 Somerset Dr vs New Orleans

15 DAYS ON ROCKET

-57 Days

$75,000

-$250.3K Less

$42/SqFt

-$147 Less

KEY TAKEAWAY

This property is $250.3K less than the Median Sold Price and $147/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: #2474474

Listing Office:

  • Office Name: World Class Realty, LLC
  • Office Phone: (504) 250-4746
  • Listing Agent: Jahda Muhammad
  • Agent Phone: (504) 250-4746

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.

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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: 11/18/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 20, 2018Home Sold
$98,700

Tax History

YEARPROP. TAXASSESSMENT
2020$2,077$14,180
2019$2,146$14,180
2018$2,189$14,180
2017$2,090$14,180

History based on county public records data.

Payment Calculator

$442

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-604816
4
/10

  • Terrytown Elementary School

  • 550 E Forest Lawn Dr

  • 1.99 miles

  • Public District Grades PK-5

school-card-donut-604817
9
/10

  • Belle Chasse Elementary School

  • 539 F Edward Hebert Blvd

  • 2.41 miles

  • Public District Grades 2-4

school-card-donut-604818
5
/10

  • Chalmette Elementary School

  • 75 E Chalmette Cir

  • 2.65 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 $63,400. 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 high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3555 Somerset Dr

What is the listing price of this property?

The listing price of 3555 Somerset Dr property is $75,000.

What type of property is this?

The property 3555 Somerset Dr is a house located in New Orleans, Louisiana, 70131.

Is this property for sale now?

Active Listing: 3555 Somerset 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 $2,077 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 20, 2018 for $98,700. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3555 Somerset Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3555 Somerset Dr is 1,798 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3555 Somerset Dr is 1981.

Rocket Homes›Louisiana›Orleans County›New Orleans›70131›3555 Somerset Dr

This home is located at 3555 Somerset Dr in New Orleans, LA and zip code 70131 in the Algiers neighborhood. This 1,798 square foot home, which was built in 1981, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $75,000.

Over 20 listings were sold over their listed price in October 2024 in New Orleans, LA. In the same period over 146 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

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

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