2 months on rocket

1620 Rev John Raphael Jr Way, New Orleans, LA, 70113

$140,000

Home List Price

$1,663*

Closing Credit

5 Bedrooms
3 Full Baths
1,385 SqFt
$101/SqFt
Multi
Schools Nearby

Location

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1620 Rev John Raphael Jr Way, New Orleans$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOne Space
Year Built1973
HeatingNone
CoolingNone
MLS #2421672
Lot Size0.06 Acres
StatusActive

About 1620 Rev John Raphael Jr Way

This corner triplex presents an amazing investment opportunity. Has served as several businesses. It was previously a barber shop, beauty shop and income tax office. Don't miss out on the opportunity to renovate and flip or use for rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,385 SqFt

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Myrna Keys
  • Agent Phone: (504) 473-3426

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: One Space

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • 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

Other

Directions Information:

  • Directions: Martin luther King Drive to Rev John Raphael Jr. Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $1,403
  • 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

1620 Rev John Raphael Jr Way vs New Orleans

78 DAYS ON ROCKET

+18 Days

$140,000

-$185.1K Less

$101/SqFt

-$91 Less

KEY TAKEAWAY

This property is $185.1K less than the Median Sold Price and $91/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: #2421672

Listing Office:

  • Office Name: RE/MAX Affiliates
  • Office Phone: (504) 834-3221
  • Listing Agent: Myrna Keys
  • Agent Phone: (504) 473-3426

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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: 5/1/2024, 10:25:15 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$1,403$9,650
2019$1,457$9,650
2018$2,156$13,990
2017$2,058$13,990

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-4410034
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 0.12 miles

  • Public District Grades PK-2

school-card-donut-4410035
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.77 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4410036
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 2.26 miles

  • Public District Grades PK-8

High School

school-card-donut-4410037
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 1.65 miles

  • Public District Grades 7-12

school-card-donut-4410038
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,669. Residents of New Orleans, LA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70113›1620 Rev John Raphael Jr Way

This home is located at 1620 Rev John Raphael Jr Way in New Orleans, LA and zip code 70113 in the Central City neighborhood. This 1,385 square foot home, which was built in 1973, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $140,000.

Over 40 listings were sold over their listed price in April 2024 in New Orleans, LA. In the same period over 222 listings were sold below the listed price and 60 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 13.3% between March 2024 and April 2024. Listings spent 60 days on the market in April 2024, and had a median list price of $325,125 during the same period.

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

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