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Backup Offers

722 Alvar St, New Orleans, LA, 70117

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
3 Full Baths
2,113 SqFt
$296/SqFt
House
Schools Nearby

Location

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722 Alvar St, New Orleans$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street, Three or more Spaces
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #2447821
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 722 Alvar St

Open SUNDAY 5/19 12-1:30PM. This Unparalleled Bywater Oasis Awaits You! Immerse yourself in New Orleans at this meticulously restored Bywater cottage. This captivating property, encompassing TWO oversized lots, offers a sanctuary of space and historic charm. Step inside and be greeted by soaring ceilings bathed in natural light streaming through an abundance of windows. Every detail, from the designer finishes to the pristine kitchen and bathroom restoration, speaks to the timeless allure of New Orleans. Unwind in the embrace of this intimate cottage, then step outside to your expansive, gated yard, enveloped by the intoxicating fragrance of jasmine. Host grand gatherings with ease – the private driveway can accommodate up to ten cars, or transform it into a sprawling event space. Park all your toys here: room for an RV, boat, work trucks and still have room for more. The possibilities are endless. A charming 770sf guest house (included in living square footage) complements the main residence, offering the perfect retreat for visiting family and friends or additional income. Rest assured, your Bywater haven is move-in ready and primed for years of carefree enjoyment. This is your opportunity to own a piece of New Orleans history, reimagined for modern luxury living. Don't miss your chance to make this exceptional residence your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,113 SqFt

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Oliver Doxtater
  • Agent Phone: (504) 220-4387

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Off Street, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot
  • Lot Size: 0.17 Acres

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: $625,000
  • Price Per SqFt: $296/SqFt

Tax Information:

  • Annual Amount: $5,946
  • 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

$325.1K

Med. Price/SqFt

$191

Avg. Days On Market

60

# of Sold Homes

322

722 Alvar St vs New Orleans

22 DAYS ON ROCKET

-38 Days

$625,000

+$299.8K More

$296/SqFt

+$104 More

KEY TAKEAWAY

This property is $299.8K more than the Median Sold Price and $104/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: #2447821

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Oliver Doxtater
  • Agent Phone: (504) 220-4387

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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: 6/1/2024, 7:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 01, 2020Home Sold
$460,563
Jul 29, 2016Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,946$40,900
2019$5,999$39,710
2018$6,119$39,710
2017$3,066$20,840

History based on county public records data.

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$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-6154761
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 3.22 miles

  • Public District Grades PK-2

school-card-donut-6154762
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 4.65 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6154763
5
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 5.34 miles

  • Public District Grades PK-8

High School

school-card-donut-6154764
6
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 1.70 miles

  • Public District Grades 9-12

school-card-donut-6154765
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 4.65 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 $47,339. Typical income of New Orleans, LA residents is less than $35k annually. Residents typically live in single, no kids family. 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 722 Alvar St

What is the listing price of this property?

The listing price of 722 Alvar St property is $625,000.

What type of property is this?

The property 722 Alvar St is a house located in New Orleans, Louisiana, 70117.

Is this property for sale now?

Accepting Backup Offers: 722 Alvar St 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 722 Alvar 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 5/10
McDonogh #35 College Preparatory School: GreatSchools Rating 6/10
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 $5,946 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 1, 2020 for $460,563. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 722 Alvar St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 722 Alvar St is 2,113 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 722 Alvar St is 1950.

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›722 Alvar St

This home is located at 722 Alvar St in New Orleans, LA and zip code 70117 in the Bywater neighborhood. This 2,113 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $625,000.

While more than 40 listings in New Orleans, LA in April 2024 were sold above asking price, there were more than 60 listings sold at asking price, and more than 222 were sold below. The inventory of homes for sale in New Orleans, LA between March 2024 and April 2024 increased by 13.3%. While the average time on the market in April 2024 was 60 days, the median list price was $325,125.

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

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