4 months on rocket

7931 Chef Menteur Hwy, New Orleans, LA, 70126

$199,000

1.50 Acres
$4/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2463138
Lot Size1.50 Acres
StatusActive

About 7931 Chef Menteur Hwy

Prime Commercial 1.5 acre Vacant Lot fronting Chef Menteur Hwy. High traffic count with easy access to I-10. Can be bought in a package with a rear lot for rear access. Easy access to I-10, positioned ideally for a variety of commercial activities. Residential areas around the corner and down Chef Hwy Corridor. Zoned C-1

Property Details

Property Features

Property Information:

  • Living Area: 53,162 SqFt

Listing Office:

  • Office Name: Paul Gilmore & Associates, Inc.
  • Office Phone: (504) 456-1234
  • Listing Agent: Kathy Tolliver
  • Agent Phone: (504) 481-9595

Exterior Features

Exterior Information:

  • Exterior: Fence

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 1.50 Acres

Other

Directions Information:

  • Directions: I-10 East, Chef Menteur Hwy Exit, Continue East

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $4/SqFt

Tax Information:

  • Annual Amount: $1,963
  • 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

7931 Chef Menteur Hwy vs New Orleans

129 DAYS ON ROCKET

+53 Days

$199,000

-$128.6K Less

$4/SqFt

-$186 Less

KEY TAKEAWAY

This property is $128.6K less than the Median Sold Price and $186/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: #2463138

Listing Office:

  • Office Name: Paul Gilmore & Associates, Inc.
  • Office Phone: (504) 456-1234
  • Listing Agent: Kathy Tolliver
  • Agent Phone: (504) 481-9595

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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: 12/22/2024, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2020Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,963$13,500
2019$1,385$9,170
2018$1,413$9,170
2017$1,349$9,170

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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NMLS#3030

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-917161
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 1.42 miles

  • Public Charter Grades PK-6

school-card-donut-917162
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 2.45 miles

  • Public Charter Grades PK-5

school-card-donut-917163
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.57 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 $40,377. Typical income of New Orleans, LA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7931 Chef Menteur Hwy

What is the listing price of this property?

The listing price of 7931 Chef Menteur Hwy property is $199,000.

What type of property is this?

The property 7931 Chef Menteur Hwy is land located in New Orleans, Louisiana, 70126.

Is this property for sale now?

Active Listing: 7931 Chef Menteur Hwy 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 $1,963 (source: MLS/based on county public records data).

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

The last sale was on March 10, 2020 for $115,000. (source: MLS/tax record).

How much acreage is this property?

The property 7931 Chef Menteur Hwy is 1.50 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70126›7931 Chef Menteur Hwy

This home is located at 7931 Chef Menteur Hwy in New Orleans, LA and zip code 70126 in the Plum Orchard neighborhood. This 53,162 square foot home sits on a 1.50 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $199,000.

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. Between October 2024 and November 2024, New Orleans, LA real estate market has seen increase in the number of listings by 6.2%. 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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