3 months on rocket

Backup Offers

7874 S Coronet Ct, New Orleans, LA, 70126

$285,000

Home List Price

$3,384*

Closing Credit

8 Bedrooms
4 Full Baths, 4 Partial
4,000 SqFt
$71/SqFt
Multi

Location

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7874 S Coronet Ct, New Orleans$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Off Street
Year Built1978
HeatingCentral
CoolingCentral Air
MLS #2460412
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7874 S Coronet Ct

A great opportunity to obtain an investment property that is already producing income is here!! All four units are currently rented and there is room for growth. This is fully brick property & all units have separate AC central air & heating units as well as their own independent water meters.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1978
  • Stories: 2
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Porch Light Realty
  • Office Phone: (504) 321-3241
  • Listing Agent: Sean-Michael Washington
  • Agent Phone: (504) 321-3241

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $2,181
  • 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

7874 S Coronet Ct vs New Orleans

93 DAYS ON ROCKET

+21 Days

$285,000

-$40.3K Less

$71/SqFt

-$118 Less

KEY TAKEAWAY

This property is $40.3K less than the Median Sold Price and $118/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: #2460412

Listing Office:

  • Office Name: Porch Light Realty
  • Office Phone: (504) 321-3241
  • Listing Agent: Sean-Michael Washington
  • Agent Phone: (504) 321-3241

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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: 11/15/2024, 8:20:48 AM 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$2,181$15,000
2019$2,266$15,000
2018$2,311$15,000
2017$2,207$15,000

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-341889
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 1.18 miles

  • Public Charter Grades PK-6

school-card-donut-341890
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 2.56 miles

  • Public Charter Grades PK-5

school-card-donut-341891
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.54 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,019. The most common annual income of people living in New Orleans, LA is less than $35k. The majority of families are 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›70126›7874 S Coronet Ct

This home is located at 7874 S Coronet Ct in New Orleans, LA and zip code 70126 in the New Orleans East Area neighborhood. This 4,000 square foot home, which was built in 1978, sits on a 0.20 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $285,000.

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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