2 months on rocket

501 Burgundy St Unit 501, New Orleans, LA, 70112

$849,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,739 SqFt
$489/SqFt
Condo
Schools Nearby

Location

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501 Burgundy St Unit 501, New Orleans$849,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Available, One Space
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceWood Burning
MLS #2428354
StatusActive

About 501 Burgundy St Unit 501

Stunning 3 story 3 bedroom condo in the French Quarter. This corner lot gem boasts a wrap around balcony on the 2nd floor providing breathtaking views of the lively neighborhood. It also has your own private balcony off the primary bedroom. The first floor bedroom and bath create a versatile guest suite that opens up to a charming courtyard. Relax in the primary bath's claw tub and find convenience with a mini cooler. The large kitchen features stainless steel appliances and seamlessly connects to the wrap around balcony, great for entertaining. Don't miss out on this charming home in an unbeatable location No monthly condo fees. Owner willing to do Bond for Deed for qualified buyers

Property Details

Property Features

Property Information:

  • Stories: 3
  • Living Area: 1,739 SqFt

Listing Office:

  • Office Name: Mirambell Realty
  • Office Phone: (504) 889-9850
  • Listing Agent: Mary Dominach
  • Agent Phone: (504) 232-7782

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Refrigerator, Wine Cooler, Washer
  • Interior: Ceiling Fan(s), Granite Counters, Stainless Steel Appliances
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard

Parking Information:

  • Parking: Parking Available, One Space

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

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
  • 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: $849,999
  • Price Per SqFt: $489/SqFt
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Housing Market Comparison

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

Med. Sold Price

$329.5K

Med. Price/SqFt

$192

Avg. Days On Market

74

# of Sold Homes

197

501 Burgundy St Unit 501 vs New Orleans

65 DAYS ON ROCKET

-9 Days

$849,999

+$520.4K More

$489/SqFt

+$296 More

KEY TAKEAWAY

This property is $520.4K more than the Median Sold Price and $296/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: #2428354

Listing Office:

  • Office Name: Mirambell Realty
  • Office Phone: (504) 889-9850
  • Listing Agent: Mary Dominach
  • Agent Phone: (504) 232-7782

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Last updated on: 3/29/2024, 3:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

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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-7816941
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.52 miles

  • Public District Grades PK-2

school-card-donut-7816942
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.90 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7816943
4
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.66 miles

  • Public District Grades PK-8

High School

school-card-donut-7816944
2
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.79 miles

  • Public District Grades 9-12

school-card-donut-7816945
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.81 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,273. The majority of New Orleans, LA residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In French Quarter, New Orleans

Types of housing in French Quarter, New Orleans.

In French Quarter, the majority of buildings are small apartment buildings, and the rest are mainly large apartment buildings, duplexes, and single detached homes. This neighborhood has a good choice of unit sizes, ranging from lofts to four or more bedrooms. There are equal parts owners and renters living in this area. Most housing in this neighborhood was built pre-1960, during its most significant construction boom.

What is it like to live in French Quarter, New Orleans?

French Quarter is a great neighborhood for home buyers who enjoy both indoor and outdoor activities. Finding things to do in this part of New Orleans-Metairie is especially easy. Despite the fact that there are many people around most of the time, numerous entertainment venues can be found nearby, and with its over 100 bars, there are options for nighttime activities. Toulouse Street in particular offers a broad selection of nightlife. Public green spaces, including Louis Armstrong Park, are especially well-spread out and there are a few of them nearby for residents to discover, which results in them being easy to reach from many locations within this neighborhood.

Is it easy to get around French Quarter, New Orleans without a car?

Locals will appreciate that wherever their property is located in French Quarter, both primary and secondary schools are close by. With regards to food, it is very easy to get to both a general and a specialty grocery store on foot from most properties for sale in this neighborhood. Additionally, those who enjoy dining out won't have to walk far in this area, where over 250 restaurants and around 50 cafes can be found. It is also very easy to reach a variety of clothing stores on foot, for instance on Decatur Street.

Transportation in French Quarter, New Orleans.

This part of New Orleans-Metairie permits homeowners to get around by several means of transportation. Traveling on foot is very practical for home buyers in French Quarter; all daily needs can be met by walking, and there are also innumerable businesses in proximity. Owing to about 10 nearby bus lines, the public transit system in this neighborhood is reasonably good. Getting around by car is also easy in this area. It is a short car ride to the nearest highway from anywhere in this neighborhood, and it is easy to access a parking spot.

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Frequently Asked Questions About 501 Burgundy St Unit 501

What is the listing price of this property?

The listing price of 501 Burgundy St Unit 501 property is $849,999.

What type of property is this?

The property 501 Burgundy St Unit 501 is a condo located in New Orleans, Louisiana, 70112.

Is this property for sale now?

Active Listing: 501 Burgundy St Unit 501 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 Burgundy St Unit 501 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
McDonogh #35 College Preparatory School: GreatSchools Rating 2/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 501 Burgundy St Unit 501 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Burgundy St Unit 501 is 1,739 SqFt (source: MLS/tax record).

Rocket Homes›Louisiana›Orleans County›New Orleans›70112›501 Burgundy St Unit 501

This home is located at 501 Burgundy St Unit 501 in New Orleans, LA and zip code 70112 in the French Quarter neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $849,999.

In February 2024, from all listings sold in New Orleans, LA there were more than 16 sold above asking price, over 147 sold below and more than 34 were sold right at the asked price. The number of listings in New Orleans, LA increased by 12.4% between January 2024 and February 2024. While the average time on the market in February 2024 was 74 days, the median list price was $329,501.

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

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