4 months on rocket

940 Orleans Ave Unit 5, New Orleans, LA, 70116

$365,000

Home List Price

$4,334*

Closing Credit

2 Bedrooms
1 Full Bath
677 SqFt
$539/SqFt
Condo
Schools Nearby

Location

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940 Orleans Ave Unit 5, New Orleans$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1833
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2425324
StatusActive

About 940 Orleans Ave Unit 5

This stunning 2 bedroom condo in New Orleans is flooded with natural light and features a private balcony with views of the courtyard and street. The beautiful renovation includes designer touches and is perfect for entertaining. With exposed brick walls, high ceilings, and wood beams, this home has a charming and unique atmosphere. French doors open onto the balcony, and there is ample storage and closet space throughout. The open kitchen boasts new appliances. Located in the heart of the French Quarter, this condo is just steps away from the best restaurants, entertainment, and iconic landmarks such as the St Louis Cathedral and Jackson Square.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1833
  • Stories: 1
  • Living Area: 677 SqFt

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 948-3011
  • Listing Agent: Shelley Lawrence
  • Agent Phone: (504) 813-8466

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior: Ceiling Fan(s), Cable TV
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

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

Other

Directions Information:

  • Directions: Corner of Orleans and Burgundy

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $539/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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

940 Orleans Ave Unit 5 vs New Orleans

141 DAYS ON ROCKET

+74 Days

$365,000

+$35.8K More

$539/SqFt

+$347 More

KEY TAKEAWAY

This property is $35.8K more than the Median Sold Price and $347/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: #2425324

Listing Office:

  • Office Name: LATTER & BLUM INC/REALTORS
  • Office Phone: (504) 948-3011
  • Listing Agent: Shelley Lawrence
  • Agent Phone: (504) 813-8466

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, 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

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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-2532256
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 1.68 miles

  • Public District Grades PK-2

school-card-donut-2532257
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.97 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2532258
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.82 miles

  • Public District Grades PK-8

High School

school-card-donut-2532259
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-2532260
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.96 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 $49,717. Typical income of New Orleans, LA residents is between $35k-100k annually. Typical family type is 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 940 Orleans Ave Unit 5

What is the listing price of this property?

The listing price of 940 Orleans Ave Unit 5 property is $365,000.

What type of property is this?

The property 940 Orleans Ave Unit 5 is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 940 Orleans Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 940 Orleans Ave Unit 5 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 940 Orleans Ave Unit 5 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 940 Orleans Ave Unit 5 is 677 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 940 Orleans Ave Unit 5 is 1833.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›940 Orleans Ave Unit 5

This home is located at 940 Orleans Ave Unit 5 in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 677 square foot home was built in 1833. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 09, 2023 and is currently priced at $365,000.

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. In March 2024 median list price was $329,132 and the average listing age was 67 days.

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

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