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Backup Offers

638 Terrace St, Jefferson, LA, 70121

$335,000

Home List Price

$3,978*

Closing Credit

2 Bedrooms
2 Full Baths
1,023 SqFt
$327/SqFt
House

Location

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638 Terrace St, New Orleans$335,000

Buyer Closing Credits

$3,978*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Three or more Spaces
Year Built1957
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
FireplaceNone
MLS #2462189
StatusAccepting Backup Offers
(Active Under Contract)

About 638 Terrace St

Charming 2 bed, 2 bath cottage nestled on a spacious lot in Old Jefferson with a BONUS detached guest house. This delightful front house features beautiful hardwood floors and an open floorplan, for comfortable living and entertaining. You'll enjoy the convenience of double driveways, a handy shed, and washer and dryer hookups. But that's not all—this property also includes a bonus nonconforming two-story guest house in the backyard. This versatile space offers 956 added square feet, 2 additional bedrooms, 2 bathrooms with a bonus room, and its own washer and dryer hookups, great for guests or extended family. Situated in an X flood zone and conveniently located just off Jefferson Highway and not far from Ochsner Hospital, you'll have easy access to essential amenities and services. The property has one water meter and one electric meter and offer a total of over 1956 square feet over two houses. Front house: roof-2017, AC unit 2021, new copper pipes 2018. Rear house roof replaced 2020.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1957
  • Stories: 1
  • Living Area: 1,023 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Kasi Champagne
  • Agent Phone: (504) 715-0115

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $335,000
  • Price Per SqFt: $327/SqFt

Tax Information:

  • Annual Amount: $2,122
  • 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

638 Terrace St vs New Orleans

105 DAYS ON ROCKET

+33 Days

$335,000

+$9.6K More

$327/SqFt

+$138 More

KEY TAKEAWAY

This property is $9.6K more than the Median Sold Price and $138/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: #2462189

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Kasi Champagne
  • Agent Phone: (504) 715-0115

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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, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 25, 2017Home Sold
$268,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,122$25,460
2019$3,092$25,460
2018$2,887$25,460
2017$1,694$14,940

History based on county public records data.

Payment Calculator

$1,739

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,071

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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-296130
7
/10

  • Bridgedale Elementary School

  • 808 Zinnia Ave

  • 1.52 miles

  • Public District Grades PK-5

school-card-donut-296131
4
/10

  • Mildred S. Harris Elementary School

  • 1805 Bridge City Ave

  • 2.40 miles

  • Public District Grades PK-5

school-card-donut-296132
10
/10

  • Airline Park Academy for Advanced Studies

  • 6201 Camphor St

  • 2.64 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 $43,549. Residents of New Orleans, LA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 638 Terrace St

What is the listing price of this property?

The listing price of 638 Terrace St property is $335,000.

What type of property is this?

The property 638 Terrace St is a house located in Jefferson, Louisiana, 70121.

Is this property for sale now?

Accepting Backup Offers: 638 Terrace St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,122 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 25, 2017 for $268,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 638 Terrace St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 638 Terrace St is 1,023 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 638 Terrace St is 1957.

Rocket Homes›Louisiana›Jefferson County›New Orleans›70121›638 Terrace St

This home is located at 638 Terrace St in Jefferson, LA and zip code 70121. This 1,023 square foot home was built in 1957. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $335,000.

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. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. In October 2024 median list price was $325,365 and the average listing age was 72 days.

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

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