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508 Burgundy St, New Orleans, LA, 70112

$799,000

Home List Price

$9,488*

Closing Credit

2 Bedrooms
2 Full Baths
1,089 SqFt
$734/SqFt
House

Location

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508 Burgundy St, New Orleans$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Off Street, One Space
Year Built1820
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceGas
MLS #2469959
StatusActive

About 508 Burgundy St

This quintessential pink Creole cottage captures the essence of New Orleans' architectural charm. Nestled just a block away from the vibrant streetcar line and within easy walking distance to the lively heart of the French Quarter, this residence is perfectly positioned for those who crave both culture and convenience. The exterior, with its distinctive pink façade, invites you into a world where history and beauty intertwine seamlessly. Once inside, you’re greeted by a feast of architectural treasures: from the warm tones of exposed original brick between post construction to the rustic allure of shiplap ceilings. Each detail has been meticulously preserved with this unique historic renovation, offering a glimpse into a bygone era. As you explore the interior, the cozy den stands out with its unique two-sided fireplace to the dining room and a gorgeous spiral staircase to the second floor loft suite. You'll love the sunny spacious dining room which flows effortlessly into a gourmet galley kitchen with cast iron range, copious cabinets and handsome Chicago brick floors. A spacious primary suite characterized by soaring cathedral ceilings and beautifully exposed beams. The adjoining updated bathroom, featuring a luxurious copper clawfoot tub and a vintage dresser vanity with granite counters, combines modern amenities with timeless elegance. Outside, the courtyard beckons as your personal oasis in the city with RARE GATED OFF-STREET PARKING. This charming cottage offers a tranquil escape while remaining just steps away from the vibrant energy that defines New Orleans. This residence comes fully furnished including an antique tester bed. In a locale where every street tells a story, 508 Burgundy St. stands as a serene sanctuary, perfectly suited for those who seek both comfort and a taste of the rich cultural tapestry that makes the city so enchanting. Never flooded, X flood zone with current flood policy. PERFECTLY PRICED $70K BELOW RECENT BANK APPRAISAL!!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Creole
  • Year Built: 1820
  • Stories: 2
  • Living Area: 1,089 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Tina Mayer
  • Agent Phone: (504) 722-4108

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Interior: Ceiling Fan(s), Carbon Monoxide Detector, Granite Counters, Pantry, Stone Counters, Stainless Steel Appliances
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Courtyard

Parking Information:

  • Parking: Attached, Off Street, One Space

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From N Rampart take Conti then left on Burgundy St

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $734/SqFt

Tax Information:

  • Annual Amount: $4,922
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

508 Burgundy St vs New Orleans

49 DAYS ON ROCKET

-23 Days

$799,000

+$473.6K More

$734/SqFt

+$545 More

KEY TAKEAWAY

This property is $473.6K more than the Median Sold Price and $545/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: #2469959

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Tina Mayer
  • Agent Phone: (504) 722-4108

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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: 11/23/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2014Home Sold
$395,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,922$40,690
2019$4,931$39,500
2018$5,028$39,500
2017$5,811$39,500

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-901178
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.83 miles

  • Public Charter Grades PK-5

school-card-donut-901179
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.38 miles

  • Public District Grades PK-5

school-card-donut-901180
7
/10
  • William Hart Elementary School

  • 2001 Hancock St

  • 3.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,273. The most common annual income of people living in New Orleans, LA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Burgundy St

What is the listing price of this property?

The listing price of 508 Burgundy St property is $799,000.

What type of property is this?

The property 508 Burgundy St is a house located in New Orleans, Louisiana, 70112.

Is this property for sale now?

Active Listing: 508 Burgundy 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 $4,922 (source: MLS/based on county public records data).

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

The last sale was on March 18, 2014 for $395,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 508 Burgundy St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 508 Burgundy St is 1,089 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Burgundy St is 1820.

Rocket HomesLouisianaOrleans CountyNew Orleans70112508 Burgundy St

This home is located at 508 Burgundy St in New Orleans, LA and zip code 70112 in the French Quarter neighborhood. This 1,089 square foot home was built in 1820. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $799,000.

While more than 20 listings in New Orleans, LA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 146 were sold below. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. In October 2024 median list price was $325,365 and the average listing age was 72 days.

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

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