2 months on rocket

936 Esplanade Ave, New Orleans, LA, 70116

$1,249,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths, 1 Partial
3,790 SqFt
$330/SqFt
Condo

Location

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936 Esplanade Ave, New Orleans$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1890
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
MLS #2471838
StatusActive

About 936 Esplanade Ave

Open Tuesday 12/10/24 from 11-1. Add this gorgeous apartment complex to your investment portfolio! Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Units 103, 201 and 202 are rented. The large owners unit (unit 102) is VACANT and ready for new owner to occupy or rent. Owners unit be utilized with attached Mother in law suite or additional rental! Rent total includes past rental amount and are approximate. The large primary unit/owners unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Unit 102 (large owners unit) and unit 101 (rear first floor mother in law unit) have just become available following the relocation of a long term tenant for a job out of state. Don't miss your chance to reside on the left side of the building while also benefiting from income generated by the other four rental units! 5 total units (101, 102, 103, 201 and 202).

Property Details

Property Features

Property Information:

  • Architectural Style: Creole
  • Year Built: 1890
  • Stories: 2
  • Living Area: 3,790 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT28)
  • Office Phone: (504) 861-7575
  • Listing Agent: Tricia King
  • Agent Phone: (504) 722-7640

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Travel Esplanade towards the river. Property is on the right and on the left of the Veterinary Pet Care Center at Burgundy.. Bounding St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000
  • Price Per SqFt: $330/SqFt

Tax Information:

  • Annual Amount: $15,527
  • 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

936 Esplanade Ave vs New Orleans

69 DAYS ON ROCKET

-7 Days

$1,249,000

+$921.3K More

$330/SqFt

+$140 More

KEY TAKEAWAY

This property is $921.3K more than the Median Sold Price and $140/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: #2471838

Listing Office:

  • Office Name: LATTER & BLUM (LATT28)
  • Office Phone: (504) 861-7575
  • Listing Agent: Tricia King
  • Agent Phone: (504) 722-7640

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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 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

Jul 10, 2020Home Sold
$849,000

Tax History

YEARPROP. TAXASSESSMENT
2020$15,527$106,800
2019$15,665$103,690
2018$15,977$103,690
2017$14,530$98,760

History based on county public records data.

Payment Calculator

$6,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

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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-1053263
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.98 miles

  • Public Charter Grades PK-5

school-card-donut-1053264
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.72 miles

  • Public District Grades PK-5

school-card-donut-1053265
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.04 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 $54,883. The majority of New Orleans, LA residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 936 Esplanade Ave

What is the listing price of this property?

The listing price of 936 Esplanade Ave property is $1,249,000.

What type of property is this?

The property 936 Esplanade Ave is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 936 Esplanade Ave 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 $15,527 (source: MLS/based on county public records data).

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

The last sale was on July 10, 2020 for $849,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 936 Esplanade Ave has 6 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 936 Esplanade Ave is 3,790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 936 Esplanade Ave is 1890.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›936 Esplanade Ave

This home is located at 936 Esplanade Ave in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 3,790 square foot home was built in 1890. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,249,000.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. 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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