2 months on rocket

8525 Hickory St, New Orleans, LA, 70118

$575,000

Home List Price

$6,828*

Closing Credit

5 Bedrooms
5 Full Baths
3,053 SqFt
$188/SqFt
Condo
Schools Nearby

Location

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8525 Hickory St, New Orleans$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built2014
HeatingCentral, Ductless, Wall Furnace
CoolingCentral Air, Ductless, Wall Unit(s)
MLS #2430179
Lot Size0.23 Acres
StatusActive

About 8525 Hickory St

Rare opportunity to purchase a University/Carrollton 5 unit complex in excellent condition with $5,800+ a month in rental income! The complex was renovated from the ground up in 2014 with all new framing, electrical, plumbing, HVAC, siding, porches, & roof. There is room for value add with upgraded appliances & rent escalations but the hard work is done. Building has low maintenance exterior & located in a high demand rental area that still has room for growth. Owner/Agent

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 2014
  • Stories: 2
  • Living Area: 3,053 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Peter Gardner
  • Agent Phone: (504) 782-7574

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony, Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Ductless, Wall Furnace
  • Cooling: Central Air, Ductless, Wall Unit(s)

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $188/SqFt

Tax Information:

  • Annual Amount: $3,416
  • 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

8525 Hickory St vs New Orleans

75 DAYS ON ROCKET

+8 Days

$575,000

+$245.8K More

$188/SqFt

-$4 Less

KEY TAKEAWAY

This property is $245.8K more than the Median Sold Price and $4/SqFt less 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: #2430179

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Peter Gardner
  • Agent Phone: (504) 782-7574

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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: 4/28/2024, 7:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,416$23,500
2019$2,711$17,950
2018$2,766$17,950
2017$2,641$17,950

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-2552444
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 1.54 miles

  • Public District Grades PK-6

school-card-donut-2552445
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.71 miles

  • Public District Grades PK-2

Middle School

school-card-donut-2552446
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 2.31 miles

  • Public District Grades PK-8

High School

school-card-donut-2552447
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 1.36 miles

  • Public District Grades 7-12

school-card-donut-2552448
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 3.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. Residents of New Orleans, LA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8525 Hickory St

What is the listing price of this property?

The listing price of 8525 Hickory St property is $575,000.

What type of property is this?

The property 8525 Hickory St is a condo located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 8525 Hickory 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 8525 Hickory 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 $3,416 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8525 Hickory St has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8525 Hickory St is 3,053 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8525 Hickory St is 2014.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›8525 Hickory St

This home is located at 8525 Hickory St in New Orleans, LA and zip code 70118 in the Uptown / Carrollton neighborhood. This 3,053 square foot home, which was built in 2014, sits on a 0.23 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $575,000.

In March 2024 more than 30 listings in New Orleans, LA were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 206 were sold below. In March 2024 in New Orleans, LA there were 16.8% more homes for sale than in February 2024. 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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