1 year on rocket

Sale Pending

905 Royal St, New Orleans, LA, 70116

$2,000,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
7 Full Baths
2,859 SqFt
$700/SqFt
House
Schools Nearby

Location

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905 Royal St, New Orleans$2,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1898
HeatingCentral
CoolingCentral Air
MLS #2379231
StatusSale Pending
(Pending)

About 905 Royal St

Boutique Victorian hotel in the coveted heart of the French Quarter. Soaring ceilings, medallions, mantles, beautiful architectural details throughout. All 7 units feature a private bath and kitchenette. Rooms either have balcony access with views overlooking iconic Royal Street or views of the tranquil courtyard in the rear. Owner is open to selling hotel fully furnished. This is a rare chance to own a beautiful hotel that embodies the true southern charm of New Orleans! Great chance for 1031 Tax Exchange!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1898
  • Stories: 2
  • Living Area: 2,859 SqFt

Listing Office:

  • Office Name: LATTER & BLUM
  • Office Phone: (504) 891-1142
  • Listing Agent: ELEANOR T FARNSWORTH
  • Agent Phone: (504) 891-1142

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence, Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: $2,000,000
  • Price Per SqFt: $700/SqFt

Tax Information:

  • Annual Amount: $12,972
  • 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

905 Royal St vs New Orleans

456 DAYS ON ROCKET

+389 Days

$2,000,000

+$1.6M More

$700/SqFt

+$508 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $508/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: #2379231

Listing Office:

  • Office Name: LATTER & BLUM
  • Office Phone: (504) 891-1142
  • Listing Agent: ELEANOR T FARNSWORTH
  • Agent Phone: (504) 891-1142

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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, 10:25:15 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$12,972$89,230
2019$15,130$100,150
2018$15,431$100,150
2017$21,811$148,250

History based on county public records data.

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$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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-2146404
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.84 miles

  • Public District Grades PK-2

school-card-donut-2146405
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.20 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2146406
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.99 miles

  • Public District Grades PK-8

High School

school-card-donut-2146407
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.66 miles

  • Public District Grades 9-12

school-card-donut-2146408
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 3.16 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 majority of New Orleans, LA residents have income between $35k-100k annually. 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 905 Royal St

What is the listing price of this property?

The listing price of 905 Royal St property is $2,000,000.

What type of property is this?

The property 905 Royal St is a house located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Sale Pending: 905 Royal St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 905 Royal St 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,972 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 905 Royal St has 10 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 905 Royal St is 2,859 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 905 Royal St is 1898.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›905 Royal St

This home is located at 905 Royal St in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 2,859 square foot home was built in 1898. Features: 10 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 27, 2023 and is currently priced at $2,000,000.

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. The number of listings in New Orleans, LA increased by 16.8% between February 2024 and March 2024. Listings spent 67 days on the market in March 2024, and had a median list price of $329,132 during the same period.

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

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