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

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

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

$324.9K

Med. Price/SqFt

$190

Avg. Days On Market

57

# of Sold Homes

205

5480 Patio Way vs New Orleans

154 DAYS ON ROCKET

+97 Days

$19,500

-$305.4K Less

KEY TAKEAWAY

This property is $305.4K 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

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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: 10/30/2024, 9:20:49 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.

Elementary School

school-card-donut-458982
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 11.75 miles

  • Public District Grades PK-2

school-card-donut-458983
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 12.18 miles

  • Public District Grades PK-6

Middle School

school-card-donut-458984
5
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 13.91 miles

  • Public District Grades PK-8

High School

school-card-donut-458985
6
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 9.66 miles

  • Public District Grades 9-12

school-card-donut-458986
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 13.04 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,713. Typical income of New Orleans, LA residents is less than $35k annually. Most families are 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 are the assigned schools for this property?

The assigned schools for 5480 Patio Way are:
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Benjamin Franklin Elementary Math and Science: GreatSchools Rating 5/10
McDonogh #35 College Preparatory School: GreatSchools Rating 6/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

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 September 2024 more than 21 listings in New Orleans, LA were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 151 were sold below. In September 2024 in New Orleans, LA there were 7.6% more homes for sale than in August 2024. Listings spent 57 days on the market in September 2024, and had a median list price of $324,981 during the same period.

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

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