11 months on rocket

5500 Grand Bayou Dr, New Orleans, LA, 70129

$140,000

Home List Price

$1,663*

Closing Credit

3 Bedrooms
3 Full Baths
2,193 SqFt
$64/SqFt
House

Location

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5500 Grand Bayou Dr, New Orleans$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1960
HeatingCentral
CoolingCentral Air, Window Unit(s)
FireplaceNone
MLS #2426614
Lot Size0.16 Acres
StatusActive

About 5500 Grand Bayou Dr

SOLD AS IS!! FRESHLY PAINTED!! This home is located in the Willowbrook subdivision in Michoud and has been well loved by one owner for many years and has a lot of potential. The home has tile throughout except the living room and stairs, a large backyard with a shed, and a gazebo where you can sit and entertain. The owner is leaving all the refrigerators, and the stove. Come, take a tour and see what all this home has to offer! SAVE MONEY on your insurance with a roof that's about a year old. I'm sure you can save even more on flood insurance, because this home never flooded, even during Katrina!!

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level
  • Year Built: 1960
  • Stories: 2
  • Living Area: 2,193 SqFt

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 362-1823
  • Listing Agent: Karla Allen
  • Agent Phone: (504) 650-2889

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator
  • Interior: Wet Bar, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $986
  • 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

5500 Grand Bayou Dr vs New Orleans

343 DAYS ON ROCKET

+271 Days

$140,000

-$185.3K Less

$64/SqFt

-$125 Less

KEY TAKEAWAY

This property is $185.3K less than the Median Sold Price and $125/SqFt less 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: #2426614

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 362-1823
  • Listing Agent: Karla Allen
  • Agent Phone: (504) 650-2889

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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: 11/24/2024, 3:20:50 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$986$13,610
2019$1,020$13,610
2018$1,039$13,610
2017$977$13,610

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-1175404
4
/10

  • Einstein Charter School at Village de L'Est

  • 5316 Michoud Blvd

  • 0.31 miles

  • Public Charter Grades PK-5

school-card-donut-1175405
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 1.94 miles

  • Public Charter Grades PK-5

school-card-donut-1175406
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 5.43 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. Typical income of New Orleans, LA residents is less than $35k annually. Most families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5500 Grand Bayou Dr

What is the listing price of this property?

The listing price of 5500 Grand Bayou Dr property is $140,000.

What type of property is this?

The property 5500 Grand Bayou Dr is a house located in New Orleans, Louisiana, 70129.

Is this property for sale now?

Active Listing: 5500 Grand Bayou Dr 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 $986 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5500 Grand Bayou Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5500 Grand Bayou Dr is 2,193 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 Grand Bayou Dr is 1960.

Rocket Homes›Louisiana›Orleans County›New Orleans›70129›5500 Grand Bayou Dr

This home is located at 5500 Grand Bayou Dr in New Orleans, LA and zip code 70129 in the Village De L'Est neighborhood. This 2,193 square foot home, which was built in 1960, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $140,000.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while 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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