5 months on rocket

3937 Banks St, New Orleans, LA, 70119

$419,000

Home List Price

$4,976*

Closing Credit

4 Bedrooms
2 Full Baths
1,600 SqFt
$262/SqFt
Multi

Location

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3937 Banks St, New Orleans$419,000

Buyer Closing Credits

$4,976*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOne Space
Year Built1916
HeatingCentral
CoolingCentral Air
MLS #2452725
StatusActive

About 3937 Banks St

Beautifully renovated two bedroom/one bath units double in demand Mid City. Cleverly designed so not a shotgun. front unit has off street parking space. Many high end features including Ubatuba granite in Kitchen with blackboard back splash,all stainless appliances- gas stove, Siemens dishwasher, microwave. Stackable front loading laundry and walk in pantry. Bathroom has a two headed granite and slate shower, tank less hot water heater, Trane air and heat, and security system. Unit has front porch and one off street parking space. Sq. Ft approx. Long term (15 years) tenant with no rental increase.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1916
  • Stories: 1
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: De Montluzin Investments
  • Office Phone: (504) 895-1493
  • Listing Agent: Ann Farmer
  • Agent Phone: (504) 430-8737

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: One Space

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located between S. Jeff Davis and Carrollton, on the corner of Banks and S. Pierce

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,000
  • Price Per SqFt: $262/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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

3937 Banks St vs New Orleans

165 DAYS ON ROCKET

+93 Days

$419,000

+$93.6K More

$262/SqFt

+$73 More

KEY TAKEAWAY

This property is $93.6K more than the Median Sold Price and $73/SqFt more 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: #2452725

Listing Office:

  • Office Name: De Montluzin Investments
  • Office Phone: (504) 895-1493
  • Listing Agent: Ann Farmer
  • Agent Phone: (504) 430-8737

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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: 11/21/2024, 7:20:49 PM 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-407841
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.66 miles

  • Public Magnet Grades PK-5

school-card-donut-407842
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 2.26 miles

  • Public Charter Grades KG-5

school-card-donut-407843
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.36 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 $46,867. Residents of New Orleans, LA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›3937 Banks St

This home is located at 3937 Banks St in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 1,600 square foot home was built in 1916. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 09, 2024 and is currently priced at $419,000.

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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