1 month on rocket

1201 Canal St Unit 506, New Orleans, LA, 70112

$219,999

Home List Price

$2,612*

Closing Credit

1 Bedroom
1 Full Bath
545 SqFt
$404/SqFt
Condo
Schools Nearby

Location

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1201 Canal St Unit 506, New Orleans$219,999

Buyer Closing Credits

$2,612*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Parking Available, One Space
Year Built1939
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2439595
Lot Size0.00 Acres
StatusActive

About 1201 Canal St Unit 506

Upper floor condo in the much desired 1201 Canal Apartments, the former Krauss Building. Centerentrally located near Tulane Medical Center, University Medical Center, French Quarter and the Superdome/Arena. Near the Saenger Theatre and right on the street car line. Hotel amenities including roof-top pool, spa, fitness center and 24 hour valet. Do not miss out on this opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1939
  • Stories: 1
  • Living Area: 545 SqFt

Listing Office:

  • Office Name: 1% Lists Greater New Orleans
  • Office Phone: (504) 515-0996
  • Listing Agent: Scott McLaughlin
  • Agent Phone: (504) 388-1487

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: Off Street, Parking Available, One Space

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,999
  • Price Per SqFt: $404/SqFt
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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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

1201 Canal St Unit 506 vs New Orleans

38 DAYS ON ROCKET

-29 Days

$219,999

-$109.1K Less

$404/SqFt

+$212 More

KEY TAKEAWAY

This property is $109.1K less than the Median Sold Price and $212/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: #2439595

Listing Office:

  • Office Name: 1% Lists Greater New Orleans
  • Office Phone: (504) 515-0996
  • Listing Agent: Scott McLaughlin
  • Agent Phone: (504) 388-1487

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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: 4/29/2024, 5:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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.

Elementary School

school-card-donut-2885625
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.23 miles

  • Public District Grades PK-2

school-card-donut-2885626
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.70 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2885627
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.36 miles

  • Public District Grades PK-8

High School

school-card-donut-2885628
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 1.03 miles

  • Public District Grades 9-12

school-card-donut-2885629
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.50 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,928. The most common annual income of people living in New Orleans, LA is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1201 Canal St Unit 506

What is the listing price of this property?

The listing price of 1201 Canal St Unit 506 property is $219,999.

What type of property is this?

The property 1201 Canal St Unit 506 is a condo located in New Orleans, Louisiana, 70112.

Is this property for sale now?

Active Listing: 1201 Canal St Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1201 Canal St Unit 506 are:
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Benjamin Franklin Elementary Math and Science: GreatSchools Rating 4/10
McDonogh #35 College Preparatory School: GreatSchools Rating 2/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 1201 Canal St Unit 506 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1201 Canal St Unit 506 is 545 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1201 Canal St Unit 506 is 1939.

Rocket Homes›Louisiana›Orleans County›New Orleans›70112›1201 Canal St Unit 506

This home is located at 1201 Canal St Unit 506 in New Orleans, LA and zip code 70112 in the Central Business District neighborhood. This 545 square foot home, which was built in 1939, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $219,999.

While more than 30 listings in New Orleans, LA in March 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 206 were sold below. The inventory of homes for sale in New Orleans, LA between February 2024 and March 2024 increased by 16.8%. In March 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $329,132.

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

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