4 months on rocket

8 Park Island Dr, New Orleans, LA, 70122

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,863 SqFt
$337/SqFt
House
Schools Nearby

Location

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8 Park Island Dr, New Orleans$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Carport, Three or more Spaces
Year Built1963
HeatingNone
CoolingNone
WaterfrontWaterfront, Bayou
FireplaceGas, Wood Burning
MLS #2426633
Lot Size0.27 Acres
StatusActive

About 8 Park Island Dr

REDUCED BY $100K Highly desired neighborhood and rare opportunity to reside on beautiful Park Island with Bayou St. John in your backyard. Overlooking the City Park golf course, you will appreciate the short drive to City Park, the lake, Interstate 10 and more. Located in a nice, quite area (all residential) and rests on a lot of .027 acres (per assessor) on a peaceful cul-de-sac. Swimming pool in backyard over looking the Bayou. Nice fireplace. No flooding after Katrina since Park Island has a 10' elevation (please verify). This home has been gutted to the stud and ready for the owner to renovate and make 8 Park Island their dream home. Approximately six parking spaces with this lovely home. Don't pass up this golden find in a neighborhood where homes are rarely listed for sale. Sold in "AS Is" condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 2
  • Living Area: 3,863 SqFt

Listing Office:

  • Office Name: Russell Frank Realty Group, L.L.C.
  • Office Phone: (504) 368-9035
  • Listing Agent: Josline Frank
  • Agent Phone: (504) 914-9036

Interior Features

Interior Information:

  • Fireplace: Gas, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Bayou

Parking Information:

  • Parking: Covered, Carport, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot, Rectangular Lot
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

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: City Park entrance, drive out Wisner toward lake along Bayou St. John, Turn right at Harrison, left on Cadilac

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $337/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.

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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

8 Park Island Dr vs New Orleans

131 DAYS ON ROCKET

+64 Days

$1,300,000

+$970.8K More

$337/SqFt

+$145 More

KEY TAKEAWAY

This property is $970.8K more than the Median Sold Price and $145/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: #2426633

Listing Office:

  • Office Name: Russell Frank Realty Group, L.L.C.
  • Office Phone: (504) 368-9035
  • Listing Agent: Josline Frank
  • Agent Phone: (504) 914-9036

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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, 8:25:15 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$8,073$62,360
2019$8,033$60,030
2018$8,191$60,030
2017$6,080$48,290

History based on county public records data.

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$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-1113873
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.65 miles

  • Public District Grades PK-6

school-card-donut-1113874
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 4.07 miles

  • Public District Grades PK-2

Middle School

school-card-donut-1113875
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 5.67 miles

  • Public District Grades PK-8

High School

school-card-donut-1113876
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.51 miles

  • Public District Grades 9-12

school-card-donut-1113877
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 4.40 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 $51,623. Most New Orleans, LA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 Park Island Dr

What is the listing price of this property?

The listing price of 8 Park Island Dr property is $1,300,000.

What type of property is this?

The property 8 Park Island Dr is a house located in New Orleans, Louisiana, 70122.

Is this property for sale now?

Active Listing: 8 Park Island Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8 Park Island 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 $8,073 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8 Park Island Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8 Park Island Dr is 3,863 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 Park Island Dr is 1963.

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›8 Park Island Dr

This home is located at 8 Park Island Dr in New Orleans, LA and zip code 70122 in the Gentilly neighborhood. This 3,863 square foot home, which was built in 1963, sits on a 0.27 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $1,300,000.

New Orleans, LA housing market in March 2024 saw over 30 listings sold above listed price, more than 43 sold at listed price and over 206 sold below. In March 2024 in New Orleans, LA there were 16.8% more homes for sale than in February 2024. 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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