5 months on rocket

5480 Patio Way, New Orleans, LA, 70129

$19,500

0.15 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2450524
Lot Size0.15 Acres
StatusActive

About 5480 Patio Way

A vacant lot in a quiet neighborhood. All utilities are available for new home construction.

Property Details

Property Features

Listing Office:

  • Office Name: TUXOR REALTY
  • Office Phone: (713) 574-7680
  • Listing Agent: YANG SU
  • Agent Phone: (281) 935-9695

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Rectangular Lot
  • Lot Size: 0.15 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,500

Tax Information:

  • Annual Amount: $276
  • 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

5480 Patio Way vs New Orleans

176 DAYS ON ROCKET

+104 Days

$19,500

-$305.8K Less

KEY TAKEAWAY

This property is $305.8K less 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: #2450524

Listing Office:

  • Office Name: TUXOR REALTY
  • Office Phone: (713) 574-7680
  • Listing Agent: YANG SU
  • Agent Phone: (281) 935-9695

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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, 6:20:49 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$276$1,900
2019$287$1,900
2018$1,595$10,350
2017$1,523$10,350

History based on county public records data.

Payment Calculator

$165

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$125

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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-382001
4
/10

  • Einstein Charter School at Village de L'Est

  • 5316 Michoud Blvd

  • 0.26 miles

  • Public Charter Grades PK-5

school-card-donut-382002
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 2.02 miles

  • Public Charter Grades PK-5

school-card-donut-382003
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 5.52 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,713. Most New Orleans, LA residents have annual incomes less than $35k. Typical family type is married, with 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 5480 Patio Way

What is the listing price of this property?

The listing price of 5480 Patio Way property is $19,500.

What type of property is this?

The property 5480 Patio Way is land located in New Orleans, Louisiana, 70129.

Is this property for sale now?

Active Listing: 5480 Patio Way 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 $276 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5480 Patio Way is 0.15 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70129›5480 Patio Way

This home is located at 5480 Patio Way in New Orleans, LA and zip code 70129 in the Village De L'Est neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $19,500.

In October 2024, from all listings sold in New Orleans, LA there were more than 20 sold above asking price, over 146 sold below and more than 35 were sold right at the asked price. The number of listings 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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