AUCTION - Seller offering property via online auction. Bid online beginning Monday, May 13th with a starting bid of $1M. Previews begin Friday, May 10th to view this 1832 French Quarter property featuring a main house and two additional detached homes (three independent structures total). Meticulously restored as-of 2022, the estate boasts a true slate roof, exposed brick, new sealed/stained concrete, and hardwood flooring. Electrical/plumbing & HVAC have all been added or enhanced. Each Home lives completely independent & has laundry in-unit with historically accurate attention to detail. New heated saltwater pool with brick courtyard, exterior kitchen grill w/ice, cooling & custom concrete poured surfaces sets your outdoor entertainment experience to a new level. Agent is not engaging in auctioneering activities. Contact agent or Interluxe.com for full terms and conditions of the sale and schedule appointment to preview the home. Welcome to 1118 Burgundy in the Heart of the Historic French Quarter!
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 5:25:16 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
DATE
EVENT
PRICE
Nov 08, 2019
Nov 08, 2019Home Sold
$937,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$9,701
$66,730
2019
$9,788
$64,790
2018
$9,983
$64,790
2017
$7,332
$49,840
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.2K
Per Month
Principal & Interest
$16.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,810
Powered By
Advertisement
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.
Elementary School
2
/10
Mahalia Jackson Elementary School
2405 Jackson Ave
Distance between this listing and this school1.97 miles
Public District Grades PK-2
5
/10
Mary Bethune Elementary Literature/Technology
4040 Eagle St
Distance between this listing and this school3.09 miles
Public District Grades PK-6
Middle School
4
/10
Benjamin Franklin Elementary Math and Science
1116 Jefferson Ave
Distance between this listing and this school4.10 miles
Public District Grades PK-8
High School
2
/10
McDonogh #35 College Preparatory School
1331 Kerlerec St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
4
/10
Eleanor Mcmain Secondary School
5712 S Claiborne Ave
Distance between this listing and this school3.22 miles
Public District Grades 7-12
Assigned Schools
2
/10
Mahalia Jackson Elementary School
2405 Jackson Ave
Distance between this listing and this school1.97 miles
Public District Grades PK-2
5
/10
Mary Bethune Elementary Literature/Technology
4040 Eagle St
Distance between this listing and this school3.09 miles
Public District Grades PK-6
Nearby Schools
2
/10
McDonogh 26/Homedale Elementary School
1200 Jefferson St
Distance between this listing and this school2.61 miles
Public District Grades PK-5
Assigned Schools
4
/10
Benjamin Franklin Elementary Math and Science
1116 Jefferson Ave
Distance between this listing and this school4.10 miles
Public District Grades PK-8
Nearby Schools
7
/10
International School of Louisiana
1400 Camp St
Distance between this listing and this school1.94 miles
Public Charter Grades KG-8
3
/10
Robert Russa Moton Charter School
3774 Gentilly Blvd
Distance between this listing and this school2.88 miles
Public Charter Grades PK-7
Assigned Schools
2
/10
McDonogh #35 College Preparatory School
1331 Kerlerec St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
4
/10
Eleanor Mcmain Secondary School
5712 S Claiborne Ave
Distance between this listing and this school3.22 miles
Public District Grades 7-12
Nearby Schools
6
/10
New Orleans Military/Maritime Academy
200 Opelousas Ave Bldg H10
Distance between this listing and this school1.20 miles
The neighbors living near this home have an average income of $54,883. Residents of New Orleans, LA typically earn less than $35k each year. The majority of families are single, no kids. 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 1118 Burgundy St
What is the listing price of this property?
The listing price of 1118 Burgundy St property is $3,250,000.
What type of property is this?
The property 1118 Burgundy St is a house located in New Orleans, Louisiana, 70116.
Is this property for sale now?
Active Listing: 1118 Burgundy St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1118 Burgundy St are: Mahalia Jackson Elementary School: GreatSchools Rating 2/10Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10Benjamin Franklin Elementary Math and Science: GreatSchools Rating 4/10McDonogh #35 College Preparatory School: GreatSchools Rating 2/10Eleanor Mcmain Secondary School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $9,701 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 8, 2019 for $937,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1118 Burgundy St has 4 bedrooms and 4 full and 3 half bathrooms.
What is the square footage of this property?
The property 1118 Burgundy St is 3,820 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1118 Burgundy St is 1832.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1118 Burgundy St in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 3,820 square foot home, which was built in 1832, sits on a 0.09 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $3,250,000.
New Orleans, LA housing market in March 2024 saw over 30 listings sold above listed price, more than 43 sold at listed price and over 206 sold below. In March 2024 in New Orleans, LA there were 16.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $329,132, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Art Museums
Art Museums
Live Theatre
Men's Tennis
Bloomingdales
Nordstrom Rack
Crate & Barrel
Starbucks
Boston Market
The Cheesecake Factory
Audi
Mercedes
Volvo
News
Alternative