5 months on rocket

503 Fern St, New Orleans, LA, 70118

$618,000

Home List Price

$7,339*

Closing Credit

2 Bedrooms
2 Full Baths
1,617 SqFt
$382/SqFt
House
Schools Nearby

Location

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503 Fern St, New Orleans$618,000

Buyer Closing Credits

$7,339*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Two Spaces
Year Built1903
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #2423025
Lot Size0.11 Acres
StatusActive

About 503 Fern St

Beautiful cottage nestled in New Orleans' Black Pearl neighborhood on a picturesque corner lot. This gem is one block from the St. Charles Avenue Street Car with a walkability score of 83 as Audubon park, the Mississippi River levee and many other amenities are near. The inviting front porch leads to an elegant and spacious living room and separate dining area. The property features 2 en-suite bedrooms, one on each level. The residence showcases its heritage featuring lofty ceilings, wood floors and captivating floor-to-ceiling windows adorned with shutters. The well appointed kitchen, complete with stainless steel appliances, granite counter tops, ample cabinetry, pantry and a laundry closet. The breakfast nook in the kitchen leads to a charming brick side patio which is ideal for entertaining and al fresco dining. Beautiful and large secluded yard with gated off street parking. Bonus petite guest studio complete with a Murphy bed for additional guest accommodation.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Creole
  • Year Built: 1903
  • Stories: 2
  • Living Area: 1,617 SqFt

Listing Office:

  • Office Name: Witry Collective, L.L.C.
  • Office Phone: (504) 291-2022
  • Listing Agent: Joshua Walther
  • Agent Phone: (504) 717-5612

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Interior: Cathedral Ceiling(s), Granite Counters, Stainless Steel Appliances
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street, Two Spaces

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6
  • Mahalia Jackson Elementary School, Public District Grades PK-2

Other

Directions Information:

  • Directions: Uptown on St Charles, Left on Fern St, property on left corner

Price Information

Listing Price Info

Price Summary:

  • List Price: $618,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $8,073
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

503 Fern St vs New Orleans

151 DAYS ON ROCKET

+84 Days

$618,000

+$288.8K More

$382/SqFt

+$190 More

KEY TAKEAWAY

This property is $288.8K more than the Median Sold Price and $190/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: #2423025

Listing Office:

  • Office Name: Witry Collective, L.L.C.
  • Office Phone: (504) 291-2022
  • Listing Agent: Joshua Walther
  • Agent Phone: (504) 717-5612

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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

Listing History

Feb 28, 2018Home Sold
$617,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,073$55,530
2019$8,389$55,530
2018$2,962$26,090
2017$2,813$26,090

History based on county public records data.

Payment Calculator

$3,152

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,919

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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-1413456
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.46 miles

  • Public District Grades PK-6

school-card-donut-1413457
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.81 miles

  • Public District Grades PK-2

Middle School

school-card-donut-1413458
4
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 1.63 miles

  • Public District Grades PK-8

High School

school-card-donut-1413459
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 1.27 miles

  • Public District Grades 7-12

school-card-donut-1413460
2
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 4.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,042. The most common annual income of people living in New Orleans, LA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Fern St

What is the listing price of this property?

The listing price of 503 Fern St property is $618,000.

What type of property is this?

The property 503 Fern St is a house located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 503 Fern 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 503 Fern St are:
Mary Bethune Elementary Literature/Technology: GreatSchools Rating 5/10
Mahalia Jackson Elementary School: GreatSchools Rating 2/10
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 $8,073 (source: MLS/based on county public records data).

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

The last sale was on February 28, 2018 for $617,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Fern St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Fern St is 1,617 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Fern St is 1903.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›503 Fern St

This home is located at 503 Fern St in New Orleans, LA and zip code 70118 in the Black Pearl neighborhood. This 1,617 square foot home, which was built in 1903, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $618,000.

While more than 30 listings in New Orleans, LA in March 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 206 were sold below. The inventory of homes for sale in New Orleans, LA between February 2024 and March 2024 increased by 16.8%. The median list price of listings available in March 2024 was $329,132, while the average time on the real estate market was 67 days.

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

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