4 months on rocket

Sale Pending

8841 Olive St, New Orleans, LA, 70118

$49,888

0.17 Acres
$7/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #2454206
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 8841 Olive St

These lots can be residential use or conditionally commercial use. The first lot is the one store is located, the second is the one behind the store. Store is a tear down and included in the sale price. Minutes away from Earhart and Costco Wholesale. There are many new constructions in the area. Many rental opportunities. MOTIVATED SELLER. OWNER FINANCING AND BOND FOR DEED ACCEPTED!!! For more information, please contact Charles Ince.

Property Details

Property Features

Property Information:

  • Living Area: 7,200 SqFt

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: Charles Ince
  • Agent Phone: (504) 319-1623

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot, Split Possible
  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Corner of Olive St. and General Ogden St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,888
  • Price Per SqFt: $7/SqFt

Tax Information:

  • Annual Amount: $4,217
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

8841 Olive St vs New Orleans

138 DAYS ON ROCKET

+62 Days

$49,888

-$277.7K Less

$7/SqFt

-$183 Less

KEY TAKEAWAY

This property is $277.7K less than the Median Sold Price and $183/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: #2454206

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: Charles Ince
  • Agent Phone: (504) 319-1623

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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: 12/17/2024, 8:20:54 PM 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$4,217$29,010
2019$1,779$11,780
2018$1,676$10,880
2017$1,601$10,880

History based on county public records data.

Payment Calculator

$316

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-4235526
10
/10
  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 0.99 miles

  • Public Magnet Grades PK-5

school-card-donut-4235527
1
/10
  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.51 miles

  • Public Charter Grades KG-5

school-card-donut-4235528
7
/10
  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,909. The majority of New Orleans, LA residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8841 Olive St

What is the listing price of this property?

The listing price of 8841 Olive St property is $49,888.

What type of property is this?

The property 8841 Olive St is land located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Sale Pending: 8841 Olive St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,217 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8841 Olive St is 0.17 acres.
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Rocket HomesLouisianaOrleans CountyNew Orleans701188841 Olive St

This home is located at 8841 Olive St in New Orleans, LA and zip code 70118 in the Holly Grove neighborhood. This 7,200 square foot home sits on a 0.17 acre lot. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $49,888.

New Orleans, LA housing market in November 2024 saw over 29 listings sold above listed price, more than 41 sold at listed price and over 161 sold below. 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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