1 month on rocket

639 Independence St, New Orleans, LA, 70117

$569,000

Home List Price

$6,757*

Closing Credit

9 Bedrooms
6 Full Baths, 1 Partial
3,700 SqFt
$154/SqFt
Multi

Location

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639 Independence St, New Orleans$569,000

Buyer Closing Credits

$6,757*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Year Built1914
HeatingOther
CoolingWindow Unit(s)
MLS #2474627
StatusActive

About 639 Independence St

Prime Investment Opportunity in the Heart of Bywater. This value-add fourplex is conveniently located within walking distance to Crescent Park, Pizza Delicious, and Bywater Bakery. The property features a spacious shared courtyard and a garage. One of the units boasts hardwood floors and three bathrooms! Unit 639B is currently vacant and is being offered for $1,100 2 bed/ 1 bath This property could be an excellent owner-occupant opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1914
  • Living Area: 3,700 SqFt

Listing Office:

  • Office Name: Crescent Sotheby's International
  • Office Phone: (504) 944-3605
  • Listing Agent: Axel Oestreicher
  • Agent Phone: (504) 638-5339

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $569,000
  • Price Per SqFt: $154/SqFt

Tax Information:

  • Annual Amount: $5,892
  • 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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

639 Independence St vs New Orleans

40 DAYS ON ROCKET

-36 Days

$569,000

+$241.3K More

$154/SqFt

-$36 Less

KEY TAKEAWAY

This property is $241.3K more than the Median Sold Price and $36/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: #2474627

Listing Office:

  • Office Name: Crescent Sotheby's International
  • Office Phone: (504) 944-3605
  • Listing Agent: Axel Oestreicher
  • Agent Phone: (504) 638-5339

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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: 12/18/2024, 1:20:53 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

Apr 13, 2007Home Sold
$235,000
Mar 11, 2005Home Sold
$232,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,892$40,530
2019$5,945$39,350
2018$6,063$39,350
2017$5,870$39,900

History based on county public records data.

Payment Calculator

$2,907

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,772

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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-4543546
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.62 miles

  • Public Charter Grades PK-5

school-card-donut-4543547
8
/10

  • Arabi Elementary School

  • 7200 Alexander Ave

  • 2.44 miles

  • Public District Grades PK-5

school-card-donut-4543548
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.58 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 $47,339. Typical income of New Orleans, LA residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›639 Independence St

This home is located at 639 Independence St in New Orleans, LA and zip code 70117 in the Bywater neighborhood. This 3,700 square foot home was built in 1914. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $569,000.

While more than 29 listings in New Orleans, LA in November 2024 were sold above asking price, there were more than 41 listings sold at asking price, and more than 161 were sold below. The number of listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $327,611.

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

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