3 months on rocket

1231 Spain St, New Orleans, LA, 70117

$350,000

Home List Price

$4,156*

Closing Credit

4 Bedrooms
2 Full Baths
2,304 SqFt
$152/SqFt
Multi
Schools Nearby

Location

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1231 Spain St, New Orleans$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1925
HeatingCentral
CoolingCentral Air
MLS #2430831
Lot Size0.09 Acres
StatusActive

About 1231 Spain St

Classic double shotgun, prime for renovation! Great location, two blocks off of Saint Claude Avenue in a quiet neighborhood in the "New Marigny", just a few blocks from Bywater and walking distance to several amenities. X flood zone, large backyard. This one has tons of potential; great opportunity to convert into a single-family home or keep as a multi-family with income producing (1231) side. Improvements include foundation work, new HVAC, metal roof.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 2,304 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Kelleye Rhein
  • Agent Phone: (504) 975-0649

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: $350,000
  • Price Per SqFt: $152/SqFt

Tax Information:

  • Annual Amount: $2,252
  • 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

$325.1K

Med. Price/SqFt

$191

Avg. Days On Market

60

# of Sold Homes

322

1231 Spain St vs New Orleans

100 DAYS ON ROCKET

+40 Days

$350,000

+$24.8K More

$152/SqFt

-$40 Less

KEY TAKEAWAY

This property is $24.8K more than the Median Sold Price and $40/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: #2430831

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Kelleye Rhein
  • Agent Phone: (504) 975-0649

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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: 5/2/2024, 3:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 2016Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,252$22,320
2019$2,227$21,600
2018$2,270$21,600
2017$3,178$21,600

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-4531773
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.78 miles

  • Public District Grades PK-2

school-card-donut-4531774
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.67 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4531775
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 4.92 miles

  • Public District Grades PK-8

High School

school-card-donut-4531776
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.71 miles

  • Public District Grades 9-12

school-card-donut-4531777
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 4.03 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 $21,324. Typical income of New Orleans, LA residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›1231 Spain St

This home is located at 1231 Spain St in New Orleans, LA and zip code 70117 in the Saint Roch neighborhood. This 2,304 square foot home, which was built in 1925, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $350,000.

In April 2024 more than 40 listings in New Orleans, LA were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 222 were sold below. The number of homes for sale in New Orleans, LA increased by 13.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $325,125, while the average time on the real estate market was 60 days.

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

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