2 months on rocket

501 Broadway St, New Orleans, LA, 70118

$795,000

Home List Price

$9,441*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,424 SqFt
$328/SqFt
House
Schools Nearby

Location

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501 Broadway St, New Orleans$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1923
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Multi Unit(s), Window Unit(s)
FireplaceOther
MLS #2435248
StatusActive

About 501 Broadway St

Charming 3-bedroom, 2.5 bathroom home with a spacious interior set on a corner lot in an ideal location. This residence offers a functional floorplan with inviting hardwood floors throughout, highlighting its timeless appeal. Ideally located, just 2 blocks from serene Audubon Park and historic St. Charles Ave., this home is perfectly situated for a vibrant and connected lifestyle. This property boasts a fabulous gated front yard & side deck, providing a private oasis for relaxation and a serene space for enjoying the outdoors. The residence offers immense potential for those seeking to make it their own, as it requires some work. Hurricane Ida left its mark, necessitating some repairs, including a new roof. The home's proximity to universities adds to its allure, making it an excellent opportunity. Don't miss your chance to transform this gem into a personalized haven that perfectly combines location, character and potential. Embrace the charm of this corner-lot home and its incredible surroundings!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1923
  • Stories: 2
  • Living Area: 2,424 SqFt

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 866-2785
  • Listing Agent: Ashley Nesser
  • Agent Phone: (504) 458-3536

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer
  • Interior: Ceiling Fan(s), Stainless Steel Appliances
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s), Window Unit(s)

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $7,748
  • 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

501 Broadway St vs New Orleans

66 DAYS ON ROCKET

-1 Day

$795,000

+$465.8K More

$328/SqFt

+$136 More

KEY TAKEAWAY

This property is $465.8K more than the Median Sold Price and $136/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: #2435248

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 866-2785
  • Listing Agent: Ashley Nesser
  • Agent Phone: (504) 458-3536

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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, 10:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 2007Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,748$56,000
2019$8,024$56,000
2018$8,070$56,000
2017$7,714$56,000

History based on county public records data.

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$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-2694489
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.57 miles

  • Public District Grades PK-2

school-card-donut-2694490
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.74 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2694491
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 1.13 miles

  • Public District Grades PK-8

High School

school-card-donut-2694492
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 1.09 miles

  • Public District Grades 7-12

school-card-donut-2694493
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 4.46 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 $209,915. Typical income of New Orleans, LA residents is $200k+ annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Broadway St

What is the listing price of this property?

The listing price of 501 Broadway St property is $795,000.

What type of property is this?

The property 501 Broadway St is a house located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 501 Broadway St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Broadway St 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,748 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 7, 2007 for $500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Broadway St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 Broadway St is 2,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Broadway St is 1923.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›501 Broadway St

This home is located at 501 Broadway St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 2,424 square foot home was built in 1923. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $795,000.

Over 30 listings were sold over their listed price in March 2024 in New Orleans, LA. In the same period over 206 listings were sold below the listed price and 43 listings were sold for the listed price. 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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