10 months on rocket

3525 Palmyra St, New Orleans, LA, 70119

$650,000

Home List Price

$7,719*

Closing Credit

6 Bedrooms
4 Full Baths
2,600 SqFt
$250/SqFt
Multi
Schools Nearby

Location

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3525 Palmyra St, New Orleans$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built2008
HeatingCentral
CoolingCentral Air
MLS #2401608
Lot Size0.07 Acres
StatusActive

About 3525 Palmyra St

Camelback Duplex in the heart of MID-CITY! This home is both 3525 and 3527 Palmyra and could be a perfect investment property to live in one side and lease the other. Each unit has 3 bedrooms plus a bonus room as well as 2 full baths. Centrally located 2 blocks from the Canal streetcar, less than 5 minutes from Jesuit High School, the CBD/French Quarter, Whole Foods and walking distance to Krescent City Kids Preschool, Lafitte Greenway, Bayou St John and the best restaurants of Mid City! Renovated in 2008, this home features beautiful wood floors and high ceilings.

Property Details

Property Features

Property Information:

  • Architectural Style: Camelback
  • Year Built: 2008
  • Stories: 2
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Grayson Realty
  • Office Phone: (949) 887-2288
  • Listing Agent: NONIE GRAYSON
  • Agent Phone: (949) 887-2288

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.07 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
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6
  • Mahalia Jackson Elementary School, Public District Grades PK-2

Other

Directions Information:

  • Directions: From Canal street going west, turn left on Genois Street. Go 2 blocks and turn left on Palmyra. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $3,784
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

3525 Palmyra St vs New Orleans

300 DAYS ON ROCKET

+233 Days

$650,000

+$320.8K More

$250/SqFt

+$58 More

KEY TAKEAWAY

This property is $320.8K more than the Median Sold Price and $58/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: #2401608

Listing Office:

  • Office Name: Grayson Realty
  • Office Phone: (949) 887-2288
  • Listing Agent: NONIE GRAYSON
  • Agent Phone: (949) 887-2288

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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: 4/28/2024, 8:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,784$24,690
2019$3,821$23,970
2018$3,913$23,970
2017$3,137$19,830

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-2065065
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 1.05 miles

  • Public District Grades PK-6

school-card-donut-2065066
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.00 miles

  • Public District Grades PK-2

Middle School

school-card-donut-2065067
4
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.37 miles

  • Public District Grades PK-8

High School

school-card-donut-2065068
2
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 1.93 miles

  • Public District Grades 9-12

school-card-donut-2065069
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.11 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,891. Residents of New Orleans, LA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70119›3525 Palmyra St

This home is located at 3525 Palmyra St in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 2,600 square foot home, which was built in 2008, sits on a 0.07 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 03, 2023 and is currently priced at $650,000.

In March 2024 more than 30 listings in New Orleans, LA were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 206 were sold below. The number of listings in New Orleans, LA increased by 16.8% between February 2024 and March 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.

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