1 month on rocket

4501 Canal St, New Orleans, LA, 70119

$705,000

Home List Price

$8,372*

Closing Credit

5 Bedrooms
4 Full Baths
3,274 SqFt
$215/SqFt
Multi
Schools Nearby

Location

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4501 Canal St, New Orleans$705,000

Buyer Closing Credits

$8,372*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOne Space
Year Built2017
HeatingCentral, Ductless, Wall Furnace
CoolingCentral Air
MLS #2437739
StatusActive

About 4501 Canal St

Stunning Victorian on Canal Street! Welcome to the epitome of timeless elegance. This magnificent 3plex residence boasts 4-5 bedrooms and 4 baths within the main house, as well as a newly-renovated studio in the rear, making it a versatile and distinctive property. Upon arrival, you'll be greeted by the convenience of off-street gated parking, ensuring your peace of mind and easy access to your home. As you step inside, you'll immediately be captivated by the home's rich history and charm. The property exudes a classic Victorian ambiance, showcasing original features such as wood and vintage tile floors, and tall ceilings that give a sense of grandeur. The exterior of this home is equally impressive, with a front courtyard that provides a serene oasis, for enjoying the outdoors in privacy. Additionally, a large covered porch downstairs and a balcony upstairs offer excellent spots to unwind and soak in the surroundings. The main house has separate entrances for its two units, allowing for flexible living arrangements or the option to maintain distinct spaces. A unique interior secret door connects the units, adding a touch of intrigue and convenience. Location-wise, this property couldn't be more desirable. Situated on the streetcar line, you'll have access to City Park, renowned restaurants, shopping districts, and vibrant entertainment options, making it a hub of activity and culture. Furthermore, this property is thoughtfully zoned HU-RD2, providing potential opportunities for various uses and future development options. Sellers have run a very successful STR since 2018. Buyer must verify future STR requirement to determine future use.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 2017
  • Stories: 2
  • Living Area: 3,274 SqFt

Listing Office:

  • Office Name: FQR Realtors
  • Office Phone: (504) 949-5400
  • Listing Agent: Lisa Shedlock
  • Agent Phone: (504) 330-8233

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Porch

Parking Information:

  • Parking: One Space

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central, Ductless, Wall Furnace
  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $705,000
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $6,954
  • 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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

4501 Canal St vs New Orleans

40 DAYS ON ROCKET

-27 Days

$705,000

+$375.8K More

$215/SqFt

+$23 More

KEY TAKEAWAY

This property is $375.8K more than the Median Sold Price and $23/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: #2437739

Listing Office:

  • Office Name: FQR Realtors
  • Office Phone: (504) 949-5400
  • Listing Agent: Lisa Shedlock
  • Agent Phone: (504) 330-8233

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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, 12:25:16 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

Apr 04, 2017Home Sold
$457,800

Tax History

YEARPROP. TAXASSESSMENT
2020$6,954$53,320
2019$6,985$51,770
2018$7,138$51,770
2017$4,101$34,160

History based on county public records data.

Payment Calculator

$3,586

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,180

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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-1771483
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 0.68 miles

  • Public District Grades PK-6

school-card-donut-1771484
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.70 miles

  • Public District Grades PK-2

Middle School

school-card-donut-1771485
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.81 miles

  • Public District Grades PK-8

High School

school-card-donut-1771486
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.46 miles

  • Public District Grades 9-12

school-card-donut-1771487
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.52 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 $44,042. Typical income of New Orleans, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›4501 Canal St

This home is located at 4501 Canal St in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This 3,274 square foot home was built in 2017. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $705,000.

New Orleans, LA housing market in March 2024 saw over 30 listings sold above listed price, more than 43 sold at listed price and over 206 sold below. The number of homes for sale in New Orleans, LA increased by 16.8% between February 2024 and March 2024. In March 2024 median list price was $329,132 and the average listing age was 67 days.

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

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