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515 Ursulines Ave, New Orleans, LA, 70116

$1,990,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,843 SqFt
$518/SqFt
House

Location

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515 Ursulines Ave, New Orleans$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Three or more Spaces
Year Built1770
HeatingCentral
CoolingCentral Air
FireplaceGas, Wood Burning
MLS #2470238
StatusActive

About 515 Ursulines Ave

This extraordinary French Quarter gem, originally part of the 18th-century Ursuline convent, offers a unique blend of historical grandeur and modern luxury. Boasting nearly 4,000 square feet of living space, the property features original architectural elements including 17-foot ceilings, exposed brick, and functional windows opening onto Ursulines Avenue. The ground floor welcomes you with an open floorplan featuring a large open kitchen with a 5-star range, a bedroom, and a bath with a new steam sauna. Upstairs, find a primary bedroom with a walk-in closet, a large ensuite bath, two additional bedrooms, a study, a spacious den, and a gated courtyard that can fit 3+ cars. Its rich history is authenticated by a chain of title dating back to the 1700s, complete with a letter signed by King Louis XV of France. Ideally located around the corner from world-famous restaurants, art galleries, the French Market, and Decatur Street, this home also offers a rare amenity in the Quarter: a private driveway accommodating four cars. The crowning glory is a rooftop terrace with breathtaking views of downtown, the Mississippi River, and St. Louis Cathedral. More than just a residence, this property represents an unparalleled opportunity to own a piece of New Orleans history and embrace a lifestyle few can claim.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1770
  • Stories: 2
  • Living Area: 3,843 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (985) 951-2324
  • Listing Agent: Garrett Shearman
  • Agent Phone: (985) 249-9154

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Oven, Range, Refrigerator, Washer
  • Interior: Granite Counters, Pantry, Stainless Steel Appliances
  • Fireplace: Gas, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Off Street, Three or more Spaces

Virtual/3D Tour

  • Virtual Tour: 515 Ursulines Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $518/SqFt

Tax Information:

  • Annual Amount: $19,670
  • 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

515 Ursulines Ave vs New Orleans

49 DAYS ON ROCKET

-23 Days

$1,990,000

+$1.6M More

$518/SqFt

+$329 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $329/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: #2470238

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (985) 951-2324
  • Listing Agent: Garrett Shearman
  • Agent Phone: (985) 249-9154

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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, 2:20:51 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$19,670$135,300
2019$19,326$134,780
2018$8,183$59,980
2017$5,763$46,140

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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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-327168
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.62 miles

  • Public Charter Grades PK-5

school-card-donut-327169
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.36 miles

  • Public District Grades PK-5

school-card-donut-327170
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 2.99 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 $79,722. Typical income of New Orleans, LA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 Ursulines Ave

What is the listing price of this property?

The listing price of 515 Ursulines Ave property is $1,990,000.

What type of property is this?

The property 515 Ursulines Ave is a house located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 515 Ursulines 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 $19,670 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 515 Ursulines Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 515 Ursulines Ave is 3,843 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 Ursulines Ave is 1770.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›515 Ursulines Ave

This home is located at 515 Ursulines Ave in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 3,843 square foot home was built in 1770. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $1,990,000.

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. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. 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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