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8711 Olive St, New Orleans, LA, 70118

$158,000

Home List Price

$1,876*

Closing Credit

3 Bedrooms
2 Full Baths
868 SqFt
$182/SqFt
House

Location

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8711 Olive St, New Orleans$158,000

Buyer Closing Credits

$1,876*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Year Built1920
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2467172
Lot Size0.08 Acres
StatusActive

About 8711 Olive St

Property is eligible for the buyer to receive up to $9,000 in grant assistance to apply towards the down payment or closing costs! Flood insurance not required, but under $1000 annually. New roof and fence installed 2021. Make your appointment today to view this turn key ready, non shotgun, 3 bedroom/ 2 bath home. This cutie has a great floor plan, tons of natural sunlight, off street parking, with a gated driveway for additional security. Won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 1
  • Living Area: 868 SqFt

Listing Office:

  • Office Name: NOLA Property Collective, LLC
  • Office Phone: (504) 940-4752
  • Listing Agent: Meghan Mercadel
  • Agent Phone: (504) 940-4752

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator
  • Interior: Ceiling Fan(s), Granite Counters, Stainless Steel Appliances
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $158,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $715
  • 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

8711 Olive St vs New Orleans

53 DAYS ON ROCKET

-19 Days

$158,000

-$167.3K Less

$182/SqFt

-$7 Less

KEY TAKEAWAY

This property is $167.3K less than the Median Sold Price and $7/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: #2467172

Listing Office:

  • Office Name: NOLA Property Collective, LLC
  • Office Phone: (504) 940-4752
  • Listing Agent: Meghan Mercadel
  • Agent Phone: (504) 940-4752

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: 11/23/2024, 5:20:49 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

Apr 09, 2010Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$715$4,920
2019$743$4,920
2018$758$4,920
2017$724$4,920

History based on county public records data.

Payment Calculator

$856

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$540

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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-935991
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.09 miles

  • Public Magnet Grades PK-5

school-card-donut-935992
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.48 miles

  • Public Charter Grades KG-5

school-card-donut-935993
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.35 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 $29,000. The majority of New Orleans, LA residents have income less than $35k annually. The most common type of family is 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 8711 Olive St

What is the listing price of this property?

The listing price of 8711 Olive St property is $158,000.

What type of property is this?

The property 8711 Olive St is a house located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 8711 Olive St 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 $715 (source: MLS/based on county public records data).

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

The last sale was on April 9, 2010 for $15,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8711 Olive St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8711 Olive St is 868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8711 Olive St is 1920.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›8711 Olive St

This home is located at 8711 Olive St in New Orleans, LA and zip code 70118 in the Holly Grove neighborhood. This 868 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $158,000.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. The median list price of listings available in October 2024 was $325,365, while the average time on the real estate market was 72 days.

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

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