10 months on rocket

3531 Washington Ave, New Orleans, LA, 70125

$69,800

0.07 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #2392249
Lot Size0.07 Acres
StatusActive

About 3531 Washington Ave

Creative Investors and Builders! An exceptional opportunity awaits in the highly coveted Uptown area of New Orleans—a rare and unique vacant corner lot that invites innovative and imaginative development. I present to you this property that offers immense potential for those willing to think outside the box. Located in a prime corner position, this relatively small lot challenges conventional norms and beckons those with a creative vision. With its compact size, it presents a blank canvas for inventive use and out-of-the-box thinking. Embrace the challenge and let your imagination run wild as you explore the endless possibilities this lot holds. Uptown, known for its vibrant atmosphere and thriving business community, is the perfect backdrop for your creative endeavors. With its diverse mix of residents and visitors, this neighborhood provides a dynamic customer base that is eager to embrace fresh and unique concepts. Seize this opportunity to make a lasting impression in this lively and vibrant community. Investors with a flair for innovation will find this corner lot a hidden gem. Its small size and prime location offer the potential for a highly specialized and niche business concept that can captivate and attract a dedicated clientele. Embrace the challenge and let your creativity shine as you create a venture that stands out from the crowd. Builders and developers will relish the chance to transform this corner lot into a stunning architectural gem. Think outside the box and design a structure that maximizes the unique attributes of the lot. Don't miss out on this extraordinary opportunity to acquire a rare and creatively stimulating corner lot in the highly sought-after Uptown area of New Orleans. Whether you're an investor seeking a unique venture or a builder with a passion for groundbreaking designs, this property is your ticket to leave a lasting mark on this vibrant community.

Property Details

Property Features

Listing Office:

  • Office Name: Ronald Ward Real Estate
  • Office Phone: (225) 241-9620
  • Listing Agent: RONALD M WARD
  • Agent Phone: (225) 241-9620

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.07 Acres

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: WASHINGTON TO S. MIR0

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,800
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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

3531 Washington Ave vs New Orleans

323 DAYS ON ROCKET

+263 Days

$69,800

-$255.3K Less

KEY TAKEAWAY

This property is $255.3K less than the Median Sold Price in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2392249

Listing Office:

  • Office Name: Ronald Ward Real Estate
  • Office Phone: (225) 241-9620
  • Listing Agent: RONALD M WARD
  • Agent Phone: (225) 241-9620

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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: 5/5/2024, 9:20:33 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 - $10,260
2019 - $8,980
2018 - $8,980
2017 - $8,980

History based on county public records data.

Payment Calculator

$416

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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

school-card-donut-6403247
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 0.77 miles

  • Public District Grades PK-2

school-card-donut-6403248
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.03 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6403249
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 1.94 miles

  • Public District Grades PK-8

High School

school-card-donut-6403250
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 0.92 miles

  • Public District Grades 7-12

school-card-donut-6403251
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.48 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 $53,289. Most New Orleans, LA residents have annual incomes between $35k-100k. The majority of 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

Frequently Asked Questions About 3531 Washington Ave

What is the listing price of this property?

The listing price of 3531 Washington Ave property is $69,800.

What type of property is this?

The property 3531 Washington Ave is land located in New Orleans, Louisiana, 70125.

Is this property for sale now?

Active Listing: 3531 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3531 Washington Ave 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
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10
McDonogh #35 College Preparatory School: GreatSchools Rating 2/10

How much acreage is this property?

The property 3531 Washington Ave is 0.07 acres.
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Rocket Homes›Louisiana›Orleans County›New Orleans›70125›3531 Washington Ave

This home is located at 3531 Washington Ave in New Orleans, LA and zip code 70125 in the Central City neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since June 16, 2023 and is currently priced at $69,800.

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. 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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