3 months on rocket

5022 Law St, New Orleans, LA, 70117

$40,000

0.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2460827
Lot Size0.10 Acres
StatusActive

About 5022 Law St

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Property Details

Property Features

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Carsandra Duncan
  • Agent Phone: (504) 451-1799

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: Starting south on Feliciana St, Turn left at the 1st cross street onto Laussat, Turn left onto Johnny Jackson Jr Blvd/Louisa St, Turn right at the 1st cross street onto Florida Ave, Turn right onto Reynes St, Left on Law

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000

Tax Information:

  • Annual Amount: $90
  • 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

5022 Law St vs New Orleans

113 DAYS ON ROCKET

+41 Days

$40,000

-$285.3K Less

KEY TAKEAWAY

This property is $285.3K 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: #2460827

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Carsandra Duncan
  • Agent Phone: (504) 451-1799

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: 11/21/2024, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$90$620
2019$99$660
2018$102$660
2017$97$660

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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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-312139
8
/10

  • Arabi Elementary School

  • 7200 Alexander Ave

  • 1.71 miles

  • Public District Grades PK-5

school-card-donut-312140
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.95 miles

  • Public Charter Grades PK-6

school-card-donut-312141
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.02 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $209,303. The majority of New Orleans, LA residents have income $200k+ annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5022 Law St

What is the listing price of this property?

The listing price of 5022 Law St property is $40,000.

What type of property is this?

The property 5022 Law St is land located in New Orleans, Louisiana, 70117.

Is this property for sale now?

Active Listing: 5022 Law St 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 $90 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5022 Law St is 0.10 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70117›5022 Law St

This home is located at 5022 Law St in New Orleans, LA and zip code 70117 in the Lower Ninth Ward neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $40,000.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. The median list price of listings available in October 2024 was $325,365, while the average time on the real estate market was 72 days.

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

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