3 months on rocket

517 S Galvez St, New Orleans, LA, 70119

$400,000

0.09 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #2457775
Lot Size0.09 Acres
StatusActive

About 517 S Galvez St

Development Opportunity! This lot is adjacent to two additional lots. Owner would like to sell or lease them together as one. Owners will consider short or long term NNN lease. Located in an opportunity zone and zoned MU-2 (High Intensity Mixed Use) just moments from the medical corridor and the Superdome. Major cross streets are Tulane and Poydras. All three combined lots total 10,551 sqft. and are selling for ($400K per lot / 1.2M total)

Property Details

Property Features

Listing Office:

  • Office Name: Freret Realty
  • Office Phone: (504) 252-1366
  • Listing Agent: Jacquelyn Migdal
  • Agent Phone: (213) 924-1193

Lot Features

Lot Information:

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

Other

Directions Information:

  • Directions: Galvez and Gravier / major cross streets b/w Poydras and Tulane Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $707
  • 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

517 S Galvez St vs New Orleans

115 DAYS ON ROCKET

+43 Days

$400,000

+$74.6K More

KEY TAKEAWAY

This property is $74.6K more 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: #2457775

Listing Office:

  • Office Name: Freret Realty
  • Office Phone: (504) 252-1366
  • Listing Agent: Jacquelyn Migdal
  • Agent Phone: (213) 924-1193

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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: 11/14/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$707$4,860
2019$429$2,840
2018$438$2,840
2017$418$2,840

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-329652
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 2.58 miles

  • Public Charter Grades KG-5

school-card-donut-329653
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.68 miles

  • Public Charter Grades PK-5

school-card-donut-329654
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.89 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 $31,000. The most common annual income of people living in New Orleans, LA is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 517 S Galvez St

What is the listing price of this property?

The listing price of 517 S Galvez St property is $400,000.

What type of property is this?

The property 517 S Galvez St is land located in New Orleans, Louisiana, 70119.

Is this property for sale now?

Active Listing: 517 S Galvez 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 $707 (source: MLS/based on county public records data).

How much acreage is this property?

The property 517 S Galvez St is 0.09 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70119›517 S Galvez St

This home is located at 517 S Galvez St in New Orleans, LA and zip code 70119 in the Tulane / Gravier neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $400,000.

Over 20 listings were sold over their listed price in October 2024 in New Orleans, LA. In the same period over 146 listings were sold below the listed price and 35 listings were sold for the listed price. Between September 2024 and October 2024, New Orleans, LA real estate market has seen increase in the number of listings by 12.1%. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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