2 months on rocket

6780 Bundy Rd, New Orleans, LA, 70127

$2,350,000

Home List Price

$10,000*

Closing Credit

127 Bedrooms
82 Full Baths
48,160 SqFt
$49/SqFt
Condo

Location

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6780 Bundy Rd, New Orleans$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1980
HeatingCentral
CoolingCentral Air
MLS #2465540
Lot Size3.02 Acres
StatusActive

About 6780 Bundy Rd

Bundy Road Apartment Complex consists of 48 units and a gross building area of 48,160 square feet on 3.02 acres. The improvements include thirty-three (33) three bedroom/two-bathroom units, thirteen (13) two bedroom/one bath units, one (1) one bedroom/one bathroom unit, and one (1) efficiency. The property is made up of 24 single story buildings, built in the 1980’s, and completely renovated in 2017. New Property Management is on site and actively enhancing the property as well as marketing vacancies. Current rent rates are well below market rates, huge upside potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1980
  • Stories: 1
  • Living Area: 48,160 SqFt

Listing Office:

  • Office Name: Beau Box Commercial Real Estate, L.L.C.
  • Office Phone: (504) 525-1410
  • Listing Agent: William Edmonds

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 82
  • Total Bedroom Count: 127

Exterior Features

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 3.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $49/SqFt

Tax Information:

  • Annual Amount: $8,040
  • 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

6780 Bundy Rd vs New Orleans

84 DAYS ON ROCKET

+12 Days

$2,350,000

+$2.0M More

$49/SqFt

-$140 Less

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $140/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: #2465540

Listing Office:

  • Office Name: Beau Box Commercial Real Estate, L.L.C.
  • Office Phone: (504) 525-1410
  • Listing Agent: William Edmonds

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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, 2:20:51 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$8,040$55,300
2019$7,593$50,260
2018$22,845$148,270
2017$21,814$148,270

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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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-323781
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 1.84 miles

  • Public Charter Grades PK-5

school-card-donut-323782
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.03 miles

  • Public Charter Grades PK-6

school-card-donut-323783
4
/10

  • Einstein Charter School at Village de L'Est

  • 5316 Michoud Blvd

  • 3.63 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,087. Residents of New Orleans, LA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6780 Bundy Rd

What is the listing price of this property?

The listing price of 6780 Bundy Rd property is $2,350,000.

What type of property is this?

The property 6780 Bundy Rd is a condo located in New Orleans, Louisiana, 70127.

Is this property for sale now?

Active Listing: 6780 Bundy Rd 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 $8,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 6780 Bundy Rd has 127 bedrooms and 82 bathrooms.

What is the square footage of this property?

The property 6780 Bundy Rd is 48,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6780 Bundy Rd is 1980.

Rocket Homes›Louisiana›Orleans County›New Orleans›70127›6780 Bundy Rd

This home is located at 6780 Bundy Rd in New Orleans, LA and zip code 70127 in the New Orleans East Area neighborhood. This 48,160 square foot home, which was built in 1980, sits on a 3.02 acre lot. Features: 127 bedrooms, 82 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $2,350,000.

While more than 20 listings in New Orleans, LA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and 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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