3 months on rocket

470507 Grammar St, Metairie, LA, 70001

$399,000

Home List Price

$4,738*

Closing Credit

6 Bedrooms
2 Full Baths, 2 Partial
2,600 SqFt
$153/SqFt
Multi
Schools Nearby

Location

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470507 Grammar St, Metairie$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1969
HeatingCentral
CoolingCentral Air
MLS #2430811
StatusActive

About 470507 Grammar St

This double in the Bridgedale area presents an interesting investment opportunity. One side has low rents due to a long-term tenant on a month-to-month lease. The property features a newer roof, which is a valuable update that reduces maintenance costs.Both sides of the double have newer kitchens with granite countertops, providing a modern and desirable feature for potential tenants. Each side also enjoys the benefit of a large yard.The location of this home is particularly convenient, situated in the heart of Metairie with easy access to the interstate. This allows for quick and easy commutes to downtown New Orleans and the airport, making it an attractive location for tenants.Overall, this double in the Bridgedale area offers a mix of potential rental income and a prime location, making it a promising investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1969
  • Stories: 2
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 888-4585
  • Listing Agent: Patti Gracianette
  • Agent Phone: (504) 250-8572

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East Jefferson High School, Public District Grades 9-12
  • T.H. Harris Middle School, Public District Grades 6-8
  • Bridgedale Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $153/SqFt
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Housing Market Comparison

See how this home compares to others in Metairie, LA.

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Metairie, LA

City

Med. Sold Price

$310.1K

Med. Price/SqFt

$176

Avg. Days On Market

46

# of Sold Homes

116

470507 Grammar St vs Metairie

96 DAYS ON ROCKET

+50 Days

$399,000

+$88.8K More

$153/SqFt

-$24 Less

KEY TAKEAWAY

This property is $88.8K more than the Median Sold Price and $24/SqFt less than other homes in Metairie, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2430811

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 888-4585
  • Listing Agent: Patti Gracianette
  • Agent Phone: (504) 250-8572

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: 4/27/2024, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-1389358
7
/10

  • Bridgedale Elementary School

  • 808 Zinnia Ave

  • 0.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1389359
2
/10

  • T.H. Harris Middle School

  • 911 Elise Ave

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-1389360
5
/10

  • East Jefferson High School

  • 400 Phlox Ave

  • 0.49 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 $48,085. Residents of Metairie, LA typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Jefferson County›Metairie›70001›470507 Grammar St

This home is located at 470507 Grammar St in Metairie, LA and zip code 70001. This 2,600 square foot home was built in 1969. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $399,000.

Metairie, LA housing market in March 2024 saw over 19 listings sold above listed price, more than 13 sold at listed price and over 84 sold below. In March 2024 in Metairie, LA there were 10.9% more homes for sale than in February 2024. In March 2024 median list price was $310,128 and the average listing age was 46 days.

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

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