2 months on rocket

Backup Offers

5500 Bancroft Dr, New Orleans, LA, 70122

$1,499,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
4,006 SqFt
$374/SqFt
House
Schools Nearby

Location

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5500 Bancroft Dr, New Orleans$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Three or more Spaces
Year Built1951
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
WaterfrontWaterfront, Bayou
FireplaceGas Starter, Wood Burning
MLS #2434663
StatusAccepting Backup Offers
(Active Under Contract)

About 5500 Bancroft Dr

Bayou Living on Bancroft Drive! Sprawling 4,000 Square Foot One-Story home with Water Front views of Bayou St John. Breathtaking Water Views from den area, living room area, dining room area, and primary bedroom. Fireplace in Den and Living room! Primary Bedroom has full view of our outdoor oasis. Primary bathroom has heated floors, jacuzzi tub, option for steam room shower, and walk-in closet! 3 additional bedrooms, plus a playroom area / bonus room (converted garage) with loft and tons of storage. Whether you seek a serene sanctuary to enjoy quiet moments by the water or a stylish home designed for entertaining, this property offers the best of both worlds. Outdoor Oasis with Saltwater Pool, large deck over bayou, and concrete pad for paddle boat / canoe, installed and automatic mosquito spray system, exterior lighting, and a full irrigation / sprinkler system on a separate water meter. 1 YEAR OLD WHOLE HOUSE GENERATOR, and 1 BRAND NEW HVAC. Two separate floored attic spaces with new insulation! Security System with exterior cameras! Circular driveway with tons of parking. Experience the magic of waterfront living in this exceptional home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1951
  • Stories: 1
  • Living Area: 4,006 SqFt

Listing Office:

  • Office Name: Burk Brokerage, LLC
  • Office Phone: (504) 488-8600
  • Listing Agent: GiGi Gaubert Burk
  • Agent Phone: (504) 416-2244

Interior Features

Interior Information:

  • Appliances: Double Oven, Ice Maker, Microwave, Oven, Range, Refrigerator
  • Interior: Cathedral Ceiling(s), Guest Accommodations, Granite Counters
  • Fireplace: Gas Starter, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Bayou
  • Exterior: Dock, Fence, Porch, Patio

Parking Information:

  • Parking: Driveway, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot

Utilities

Utilities Information:

  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Multi 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
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6
  • Mahalia Jackson Elementary School, Public District Grades PK-2

Other

Directions Information:

  • Directions: Filmore Avenue, Prentiss, St Benard Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $374/SqFt

Tax Information:

  • Annual Amount: $10,216
  • Tax Year: 2020
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Housing Market Comparison

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

Map thumbnail provided by MapBox

New Orleans, LA

City

Med. Sold Price

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

5500 Bancroft Dr vs New Orleans

67 DAYS ON ROCKET

-0 Day

$1,499,000

+$1.1M More

$374/SqFt

+$182 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $182/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: #2434663

Listing Office:

  • Office Name: Burk Brokerage, LLC
  • Office Phone: (504) 488-8600
  • Listing Agent: GiGi Gaubert Burk
  • Agent Phone: (504) 416-2244

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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, 12:55:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,216$77,100
2019$8,861$65,510
2018$9,035$65,510
2017$8,613$65,510

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-980726
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.35 miles

  • Public District Grades PK-6

school-card-donut-980727
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 4.90 miles

  • Public District Grades PK-2

Middle School

school-card-donut-980728
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 6.48 miles

  • Public District Grades PK-8

High School

school-card-donut-980729
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 3.23 miles

  • Public District Grades 9-12

school-card-donut-980730
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 5.21 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 $52,174. The most common annual income of people living in New Orleans, LA is between $35k-100k. Most families are 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 5500 Bancroft Dr

What is the listing price of this property?

The listing price of 5500 Bancroft Dr property is $1,499,000.

What type of property is this?

The property 5500 Bancroft Dr is a house located in New Orleans, Louisiana, 70122.

Is this property for sale now?

Accepting Backup Offers: 5500 Bancroft Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5500 Bancroft Dr 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
McDonogh #35 College Preparatory School: GreatSchools Rating 2/10
Eleanor Mcmain Secondary School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,216 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5500 Bancroft Dr has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 5500 Bancroft Dr is 4,006 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5500 Bancroft Dr is 1951.

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›5500 Bancroft Dr

This home is located at 5500 Bancroft Dr in New Orleans, LA and zip code 70122 in the Gentilly neighborhood. This 4,006 square foot home was built in 1951. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $1,499,000.

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 inventory of homes for sale in New Orleans, LA between February 2024 and March 2024 increased by 16.8%. In March 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $329,132.

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

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