4 months on rocket

503 Wright Ave, Terrytown, LA, 70056

$289,000

Home List Price

$3,432*

Closing Credit

3 Bedrooms
2 Full Baths
1,990 SqFt
$145/SqFt
House

Location

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503 Wright Ave, Gretna$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Two Spaces, Garage Door Opener
Year Built1975
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2461662
StatusActive

About 503 Wright Ave

Thank you for viewing! You will also be able to see other portfolio pictures in this listing. Please read the entire public remarks...This lovely 3 bedroom/ 2 full bath home has approximately 1990 sq ft of living area not to mention an attached 2 car garage. The house has a large primary suite with 1 spacious walk-in closet and 1 additional closet, full bathroom and cozy sitting area. The home also includes separate living and dining rooms, and furnished kitchen. This house is currently leased and in excellent condition and comes with hard wood floors, ceramic tiles and laminate. Spacious backyard for outside enjoyment, with a fabulous covered patio, and storage shed. This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This listing also shows pictures of other properties in the portfolio listed under MLS#2461653, MLS#2461661, MLS#2461161, MLS#2461163, MLS#2461658, and MLS #2461660.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1975
  • Stories: 1
  • Living Area: 1,990 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: Dishwasher, Oven, Range, Refrigerator
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Attached, Garage, Two Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $1,403
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gretna, LA.

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Gretna, LA

City

Med. Sold Price

$235K

Med. Price/SqFt

$128

Avg. Days On Market

44

# of Sold Homes

14

503 Wright Ave vs Gretna

121 DAYS ON ROCKET

+77 Days

$289,000

+$54K More

$145/SqFt

+$17 More

KEY TAKEAWAY

This property is $54K more than the Median Sold Price and $17/SqFt more than other homes in Gretna, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2461662

Listing Office:

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

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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, 1:20:53 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$1,403$11,770
2019$1,439$11,770
2018$1,345$11,770
2017$1,289$11,770

History based on county public records data.

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$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-4558446
4
/10

  • Terrytown Elementary School

  • 550 E Forest Lawn Dr

  • 0.45 miles

  • Public District Grades PK-5

school-card-donut-4558447
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4558448
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 1.34 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 $69,643. Typical income of Gretna, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Wright Ave

What is the listing price of this property?

The listing price of 503 Wright Ave property is $289,000.

What type of property is this?

The property 503 Wright Ave is a house located in Terrytown, Louisiana, 70056.

Is this property for sale now?

Active Listing: 503 Wright Ave 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 $1,403 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Wright Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Wright Ave is 1,990 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Wright Ave is 1975.

Rocket Homes›Louisiana›Jefferson County›Gretna›70056›503 Wright Ave

This home is located at 503 Wright Ave in Terrytown, LA and zip code 70056. This 1,990 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $289,000.

While more than 3 listings in Gretna, LA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. In November 2024 in Gretna, LA there were 2.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $235,000.

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

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