2 months on rocket

696062 Salem Dr, New Orleans, LA, 70127

$249,900

Home List Price

$2,968*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
3,200 SqFt
$78/SqFt
Multi

Location

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696062 Salem Dr, New Orleans$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Three or more Spaces
Year Built1966
HeatingCentral
CoolingCentral Air
MLS #2453448
StatusActive

About 696062 Salem Dr

Newly Updated Duplex In New Orleans East. This oversized property has three bedrooms and 2.5 baths in each unit and has one vacant unit—the perfect investment opportunity in New Orleans East or an owner-occupied space. Rent could be higher based on Housing Authority Payment Standard. This property won't last long.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1966
  • Stories: 2
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Paralex Group LLC
  • Office Phone: (504) 355-6770
  • Listing Agent: Christopher Alexander
  • Agent Phone: (504) 355-6770

Interior Features

Interior Information:

  • Appliances: ENERGY STAR Qualified Appliances

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $78/SqFt
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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

696062 Salem Dr vs New Orleans

78 DAYS ON ROCKET

+2 Days

$249,900

-$77.7K Less

$78/SqFt

-$112 Less

KEY TAKEAWAY

This property is $77.7K less than the Median Sold Price and $112/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: #2453448

Listing Office:

  • Office Name: Paralex Group LLC
  • Office Phone: (504) 355-6770
  • Listing Agent: Christopher Alexander
  • Agent Phone: (504) 355-6770

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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, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-4381610
8
/10

  • Ralph J. Bunche Elementary School

  • 8101 Simon St

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-4381611
5
/10

  • Washington Elementary S.T.E.M. School

  • 606 Clay St

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-4381612
6
/10

  • Green Park Elementary School

  • 1409 N Upland Ave

  • 1.46 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 $68,128. The majority of New Orleans, LA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In New Orleans, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in New Orleans, LA.

New Orleans offers a vibrant housing market with a tapestry of architectural styles that reflect its rich history, including Creole cottages, Victorian mansions, and shotgun houses. The housing landscape is diverse, with single-family homes nestled alongside multifamily complexes and historic townhouses. The city's homeownership rate is around 47%, with a significant portion of residents opting to rent, indicative of the city's dynamic and transient population.

What is it like to live in New Orleans, LA?

New Orleans is celebrated for its unique cultural heritage, a melting pot of French, African, Spanish, and American influences. The city prides itself on its world-renowned festivals such as Mardi Gras and Jazz Fest, which showcase its vibrant music scene, culinary excellence, and artistic flair. The community's character is further enriched by its bustling street life, historic neighborhoods, and the iconic French Quarter, all contributing to its distinctive ambiance.

Is it easy to get around New Orleans, LA without a car?

The community is served by a robust educational system, including numerous public and private schools, catering to a range of educational needs. Healthcare is supported by several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of international cuisines and traditional Creole and Cajun eateries. The city is proactive in enhancing services to meet the evolving needs of its diverse population.

Transportation in New Orleans, LA.

New Orleans' transport infrastructure includes a network of buses and streetcars, with schedules that cater to the city's main corridors. The city is known for its iconic streetcars, which provide a historic mode of transit along key routes. While certain areas boast higher walkability, such as the French Quarter and Downtown, the city is also making strides to improve bikeability with dedicated lanes and bike-sharing programs. Major roads and highways facilitate travel in and out of the city, with ongoing projects aimed at improving traffic flow and accessibility.

Rocket Homes›Louisiana›Jefferson County›New Orleans›70127›696062 Salem Dr

This home is located at 696062 Salem Dr in New Orleans, LA and zip code 70127. This 3,200 square foot home was built in 1966. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $249,900.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. In November 2024 in New Orleans, LA there were 6.2% more homes for sale than in October 2024. Listings spent 76 days on the market in November 2024, and had a median list price of $327,611 during the same period.

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

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