4 months on rocket

531 Olivier St, New Orleans, LA, 70114

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths
2,704 SqFt
$203/SqFt
House

Location

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531 Olivier St, New Orleans$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1922
HeatingCentral
CoolingCentral Air, Multi Unit(s)
FireplaceNone
MLS #2454306
StatusActive

About 531 Olivier St

Ask me about lower than market interest rates. Rare, charming, 4 bedroom 3 bathroom home in the heart of historic Algiers Point. Front porch sitting at its best! Deep front porch and deep covered back porch, you choose! <br><br> Home features a brand new Fortified Roof (installed June 2024) & new downstairs furnace (2024), great floor plan that is perfect for entertaining. All 4 bedrooms are on the second story. There is an office (that could be made into 5th bedroom) and a full bathroom on the ground level. Primary suite has a ton of potential. Space galore. Plenty of room to make a huge walk in closet. Original beautiful pine floors throughout home. This home has so much potential and charm. <br><br> Enjoy your backyard oasis with a generous covered back porch and patio area with peaceful water feature. Do not miss out on the chance to own a piece of Algiers Point! <br><br> Are interest rates causing you to hesitate? Ask me how to get a low rate for this home!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1922
  • Stories: 2
  • Living Area: 2,704 SqFt

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: John Hendrix
  • Agent Phone: (504) 202-6736

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch, Patio

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $4,657
  • 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

531 Olivier St vs New Orleans

149 DAYS ON ROCKET

+77 Days

$550,000

+$224.6K More

$203/SqFt

+$14 More

KEY TAKEAWAY

This property is $224.6K more than the Median Sold Price and $14/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: #2454306

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: John Hendrix
  • Agent Phone: (504) 202-6736

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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: 11/15/2024, 4:20:48 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$4,657$38,630
2019$3,687$31,220
2018$3,759$31,220
2017$3,575$31,220

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-320108
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 0.75 miles

  • Public Charter Grades PK-5

school-card-donut-320109
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.64 miles

  • Public District Grades PK-5

school-card-donut-320110
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 2.22 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 $90,948. Most New Orleans, LA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Olivier St

What is the listing price of this property?

The listing price of 531 Olivier St property is $550,000.

What type of property is this?

The property 531 Olivier St is a house located in New Orleans, Louisiana, 70114.

Is this property for sale now?

Active Listing: 531 Olivier 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 $4,657 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 Olivier St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 531 Olivier St is 2,704 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Olivier St is 1922.

Rocket Homes›Louisiana›Orleans County›New Orleans›70114›531 Olivier St

This home is located at 531 Olivier St in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 2,704 square foot home was built in 1922. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $550,000.

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. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 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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