3 months on rocket

519 Madison St Unit B, New Orleans, LA, 70116

$585,000

Home List Price

$6,947*

Closing Credit

2 Bedrooms
1 Full Bath
1,145 SqFt
$511/SqFt
Condo
Schools Nearby

Location

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519 Madison St Unit B, New Orleans$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1844
HeatingCentral
CoolingCentral Air, Window Unit(s)
FireplaceOther
MLS #2428720
StatusActive

About 519 Madison St Unit B

Located in the heart of the enchanting French Quarter, this captivating condo boasts a spacious two-bedroom, one-bathroom layout nestled within a historic building that exudes classic charm and elegance. Step inside to be greeted by the grandeur of 12'6" ceilings adorned with intricate detailing, emphasizing the timeless allure of historical architecture. There are beautiful wood floors that resonate with the richness, infusing a sense of warmth. A highlight of this magnificent residence is the presence of box fireplaces, evoking a sense of nostalgia for bygone eras. French doors open to the balcony offering a picturesque vantage point of street life in the Vieux Carre. This private oasis provides a retreat to savor the sights and sounds of the city while indulging in moments of tranquility amidst the lively surroundings. The city’s oldest square is just a block away and serves as a hub for culture, art, and the vibrant essence of the city, promising endless opportunities for exploration and immersion in the local atmosphere. Become a part of one of America's most beloved and culturally rich cities today

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Historic/Antique
  • Year Built: 1844
  • Stories: 1
  • Living Area: 1,145 SqFt

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 948-3011
  • Listing Agent: Samara Poche'
  • Agent Phone: (504) 319-6226

Interior Features

Interior Information:

  • Appliances: Microwave, Oven, Range, Refrigerator
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

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: $585,000
  • Price Per SqFt: $511/SqFt
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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

$325.1K

Med. Price/SqFt

$191

Avg. Days On Market

60

# of Sold Homes

322

519 Madison St Unit B vs New Orleans

113 DAYS ON ROCKET

+53 Days

$585,000

+$259.8K More

$511/SqFt

+$319 More

KEY TAKEAWAY

This property is $259.8K more than the Median Sold Price and $319/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: #2428720

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 948-3011
  • Listing Agent: Samara Poche'
  • Agent Phone: (504) 319-6226

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Last updated on: 5/2/2024, 9:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-4642725
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.83 miles

  • Public District Grades PK-2

school-card-donut-4642726
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.29 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4642727
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.98 miles

  • Public District Grades PK-8

High School

school-card-donut-4642728
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.77 miles

  • Public District Grades 9-12

school-card-donut-4642729
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 3.19 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 $60,241. The most common annual income of people living in New Orleans, LA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 519 Madison St Unit B

What is the listing price of this property?

The listing price of 519 Madison St Unit B property is $585,000.

What type of property is this?

The property 519 Madison St Unit B is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 519 Madison St Unit B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 519 Madison St Unit B 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 519 Madison St Unit B has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 519 Madison St Unit B is 1,145 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 519 Madison St Unit B is 1844.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›519 Madison St Unit B

This home is located at 519 Madison St Unit B in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 1,145 square foot home was built in 1844. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $585,000.

New Orleans, LA housing market in April 2024 saw over 40 listings sold above listed price, more than 60 sold at listed price and over 222 sold below. The inventory of homes for sale in New Orleans, LA between March 2024 and April 2024 increased by 13.3%. Listings spent 60 days on the market in April 2024, and had a median list price of $325,125 during the same period.

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

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