2 months on rocket

8616 Oak St Unit 301, New Orleans, LA, 70118

$375,000

Home List Price

$4,453*

Closing Credit

2 Bedrooms
2 Full Baths
1,257 SqFt
$298/SqFt
Condo

Location

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8616 Oak St Unit 301, New Orleans$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Available, One Space
Year Built2016
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2472081
Lot Size0.03 Acres
StatusActive

About 8616 Oak St Unit 301

Beautiful 3rd floor condo fronting Oak St with great restaurants, shops and entertainment! Just steps away from the Mississippi River Levee bike/walking path and the St Charles Ave Streetcar. 5 min from Ochsner Hospital’s Main Campus. Light and Airy 2 bedroom/2 Bath unit with private balcony overlooking Oak St. Enter the unit onto a proper entry way with coat closet and spot for bags and keys. Contemporary open floor plan with spacious rooms and wide plank white oak floors. Kitchen features a large island with room for seating, large separate pantry closet, quartz counters, gas range and timeless shaker cabinets. In-unit laundry with excellent storage. Oversized primary suite easily accommodates a king size bed. Primary bathroom sparkles with glass enclosed walk in shower, large double vanity and fabulous closet. Assigned and secure gated parking. Unit has large secured storage area on ground floor. This unit is a MUST see!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2016
  • Stories: 1
  • Living Area: 1,257 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Sissy Blewster
  • Agent Phone: (504) 339-9740

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: Assigned, Parking Available, One Space

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $298/SqFt

Tax Information:

  • Annual Amount: $6,294
  • 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

8616 Oak St Unit 301 vs New Orleans

63 DAYS ON ROCKET

-13 Days

$375,000

+$47.3K More

$298/SqFt

+$108 More

KEY TAKEAWAY

This property is $47.3K more than the Median Sold Price and $108/SqFt more 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: #2472081

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Sissy Blewster
  • Agent Phone: (504) 339-9740

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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: 12/23/2024, 10:20:53 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

Feb 27, 2018Home Sold
$420,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,294$43,290
2019$6,221$41,180
2018$6,345$41,180
2017$249$1,690

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-1274743
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 0.42 miles

  • Public Charter Grades KG-5

school-card-donut-1274744
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.17 miles

  • Public Magnet Grades PK-5

school-card-donut-1274745
4
/10

  • Mildred S. Harris Elementary School

  • 1805 Bridge City Ave

  • 2.71 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 $29,107. The majority of New Orleans, LA residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8616 Oak St Unit 301

What is the listing price of this property?

The listing price of 8616 Oak St Unit 301 property is $375,000.

What type of property is this?

The property 8616 Oak St Unit 301 is a condo located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 8616 Oak St Unit 301 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 $6,294 (source: MLS/based on county public records data).

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

The last sale was on February 27, 2018 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8616 Oak St Unit 301 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8616 Oak St Unit 301 is 1,257 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8616 Oak St Unit 301 is 2016.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›8616 Oak St Unit 301

This home is located at 8616 Oak St Unit 301 in New Orleans, LA and zip code 70118 in the Uptown / Carrollton neighborhood. This 1,257 square foot home, which was built in 2016, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $375,000.

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. The number of homes for sale 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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