4 months on rocket

3738 Somerset Dr, New Orleans, LA, 70131

$425,000

Home List Price

$5,047*

Closing Credit

4 Bedrooms
2 Full Baths
2,247 SqFt
$189/SqFt
House

Location

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3738 Somerset Dr, New Orleans$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1962
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2461653
Lot Size0.20 Acres
StatusActive

About 3738 Somerset Dr

For your convenience, portfolio picutures are included for #MLS2461661, MLS#2461161, MLS# 2461163, MLS#2461658, MLS#2461660, MLS#2461662. Thank for viewing, please read full public remarks. This charming single-family home is nestled in the Old Aurora neighborhood. Built in 1960, this beautiful renovation features a spacious layout with approximately 2,200 square feet of living area including 4 bedrooms, 2 full bathrooms, and is being sold fully furnished! Features include stainless steel appliances, granite countertops, and a sunroom with a bar for entertaining. Sitting on a generous lot size of 8,703 square feet, it offers ample outdoor space for any type of gathering. Its location in the historic and vibrant Old Aurora neighborhood combines the tranquility of suburban living with convenient access to the rich cultural and social amenities of New Orleans. This charming house is a great opportunity for families or groups, offering an unbeatable location and plenty of amenities. Just two miles from Wal-Mart and a mere 0.2 miles from Lakewood Golf Course, it provides convenience and leisure right at your doorstep. Central New Orleans is easily accessible, being only 6.4 miles or a 10-minute drive, Uber, or ferry ride away. This exceptional rental portfolio, priced at $3.5 million, offers a diverse and profitable investment opportunity. All properties in the portfolio have been recently renovated, ensuring they are in excellent condition and ready for continued or expanded rental use. The sale includes the transfer of all future bookings, providing immediate income to the new owner. Included are 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties with incomes ranging from $259,000 annually with the potential to rise to approximately $512,000 when optimizing the corporate rentals and rental adjustments. Must sign confidentiality form and show proof of funds or bank approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1962
  • Stories: 2
  • Living Area: 2,247 SqFt

Listing Office:

  • Office Name: WEICHERT, REALTORS - Prestige Homes
  • Office Phone: (504) 239-1549
  • Listing Agent: Darlene Plaia
  • Agent Phone: (504) 239-1549

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Interior: Ceiling Fan(s), Stainless Steel Appliances, Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $1,983
  • 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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

3738 Somerset Dr vs New Orleans

120 DAYS ON ROCKET

+44 Days

$425,000

+$97.3K More

$189/SqFt

-$1 Less

KEY TAKEAWAY

This property is $97.3K more than the Median Sold Price and $1/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: #2461653

Listing Office:

  • Office Name: WEICHERT, REALTORS - Prestige Homes
  • Office Phone: (504) 239-1549
  • Listing Agent: Darlene Plaia
  • Agent Phone: (504) 239-1549

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: 12/18/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 08, 2017Home Sold
$120,000
Oct 01, 2007Home Sold
$167,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,983$13,540
2019$2,049$13,540
2018$2,090$13,540
2017$1,188$15,030

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-4521258
4
/10

  • Terrytown Elementary School

  • 550 E Forest Lawn Dr

  • 1.93 miles

  • Public District Grades PK-5

school-card-donut-4521259
9
/10

  • Belle Chasse Elementary School

  • 539 F Edward Hebert Blvd

  • 2.26 miles

  • Public District Grades 2-4

school-card-donut-4521260
6
/10

  • George Cox Elementary School

  • 2630 Belle Chasse Hwy

  • 2.54 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. Typical income of New Orleans, LA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3738 Somerset Dr

What is the listing price of this property?

The listing price of 3738 Somerset Dr property is $425,000.

What type of property is this?

The property 3738 Somerset Dr is a house located in New Orleans, Louisiana, 70131.

Is this property for sale now?

Active Listing: 3738 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 $1,983 (source: MLS/based on county public records data).

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

The last sale was on May 8, 2017 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3738 Somerset Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3738 Somerset Dr is 2,247 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3738 Somerset Dr is 1962.

Rocket Homes›Louisiana›Orleans County›New Orleans›70131›3738 Somerset Dr

This home is located at 3738 Somerset Dr in New Orleans, LA and zip code 70131 in the Algiers neighborhood. This 2,247 square foot home, which was built in 1962, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $425,000.

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 number of listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. 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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