3 months on rocket

Backup Offers

505 Newton St, New Orleans, LA, 70114

$95,000

Home List Price

$1,128*

Closing Credit

4 Bedrooms
2 Full Baths
1,284 SqFt
$74/SqFt
Multi

Location

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505 Newton St, New Orleans$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1977
HeatingNone
CoolingNone
MLS #2467646
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 505 Newton St

INVESTORS SPECIAL!!! Great investment opportunity in Algiers! This home is walking distance to the levee! Home being sold AS-IS. Seller will make no repairs. Home priced at appraised value! Highest and best offer due by 9/26 at 5pm.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 1
  • Living Area: 1,284 SqFt

Listing Office:

  • Office Name: Haus Nola Realty Group, LLC
  • Office Phone: (504) 944-7311
  • Listing Agent: Tira Jones
  • Agent Phone: (504) 339-8893

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $1,205
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

505 Newton St vs New Orleans

92 DAYS ON ROCKET

+16 Days

$95,000

-$232.6K Less

$74/SqFt

-$116 Less

KEY TAKEAWAY

This property is $232.6K less than the Median Sold Price and $116/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: #2467646

Listing Office:

  • Office Name: Haus Nola Realty Group, LLC
  • Office Phone: (504) 944-7311
  • Listing Agent: Tira Jones
  • Agent Phone: (504) 339-8893

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, 6:20:54 AM 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$1,205$8,230
2019$1,153$7,620
2018$1,176$7,620
2017$1,123$7,620

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-4426966
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 0.44 miles

  • Public Charter Grades PK-5

school-card-donut-4426967
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-4426968
7
/10
  • William Hart Elementary School

  • 2001 Hancock St

  • 1.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,632. Most New Orleans, LA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70114›505 Newton St

This home is located at 505 Newton St in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 1,284 square foot home, which was built in 1977, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $95,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. In November 2024 median list price was $327,611 and the average listing age was 76 days.

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

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