5 months on rocket

517 S Galvez St, New Orleans, LA, 70119

$375,000

0.09 Acres
Land

Location

Image provided by Mapbox

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: $375,000

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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

517 S Galvez St vs New Orleans

152 DAYS ON ROCKET

+76 Days

$375,000

+$47.3K More

KEY TAKEAWAY

This property is $47.3K 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: 12/22/2024, 10:20:53 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$707$4,860
2019$429$2,840
2018$438$2,840
2017$418$2,840

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-942598
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 2.58 miles

  • Public Charter Grades KG-5

school-card-donut-942599
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.68 miles

  • Public Charter Grades PK-5

school-card-donut-942600
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. Typical income of New Orleans, LA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

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 $375,000.

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 $375,000.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. In November 2024 in New Orleans, LA there were 6.2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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