1525 Melpomene Street New Orleans, LA ^$ 1,239,999

1525 Melpomene Street

^$ 1,239,999

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1525 Melpomene Street

New Orleans, LA, 70130

^$ 1,239,999

Bedrooms5 Baths3.2 Sq 3,481

Monthly Estimate*

^$ 8,662

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Single Family Home for sale in New Orleans, LA

for $1,239,999 with 5 bedrooms and 3 full baths, 2 half baths. This 3,481 square foot home was built in 1924 on a lot size of 0.0902.

Fully Furnished Estate Surrounded by Historic Garden District beauty. This exquisite double is half a block from parade routes, streetcars, steps from downtown nightlife, and gorgeous restaurants! This incredible income-producing property boasts vaulted ceilings, large bedrooms, high end appliances, security system with cameras, brilliant architectural notes, outdoor entertaining areas, and updated features with so much charm! Off-Street parking for three cars. An extraordinary opportunity to own mortgage free, amazing short term rental income! Each side is 1729 sq feet. 2022 rental income $140k and 2023 rental income was $145k. Flood zone X.

Single Family Active

Price

^$ 1,239,999

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 0

Style

Victorian,Historic/Antique

Lot Size

0.0902

Year Built

1924

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2429782

Features

General

Interior Features Ceiling Fan(s) Stone Counters Stainless Steel Appliances Smart Home Vaulted Ceiling(s)

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Asphalt Shingle

Appliances Dryer Dishwasher Disposal Microwave Oven Range Refrigerator Washer ENERGY STAR Qualified Appliances

Exterior Features Balcony Fence Patio

Patio/Porch Features Concrete Covered Balcony Patio

Architectural Style Victorian Historic/Antique

Pool Features None

Security Features Security System Closed Circuit Camera(s) Smoke Detector(s)

Construction Materials Wood Siding

Year Built 1924

Stories 2

Levels Two

Property SubType Detached

County Orleans

New Construction 0

Property Type Residential

HOA / Comm Assn 0

Energy Efficient Appliances Water Heater

Other Structures Shed(s)

Total Rooms 19

Status Active

Directions HEAD DOWN ST CHARLES AND TAKE A RIGHT ONTO MELPOMENE

City New Orleans

Buyer Agent Compensation 2.5

Street Name MELPOMENE

Year Built Details 100

Home Warranty Y/N 0

Property Condition Excellent Repairs Cosmetic Updated/Remodeled

Days on Market 30

Standard Status Active

Property Sub Type Additional Detached Single Family Residence

Buyer Agent Compensation Type %

Legal Description SQ 191 PT LOTS 30 31 OR PT 6 7 MELPOMENE 45' 2 X 87'

Exterior

Parking Features Attached Off Street Three or more Spaces

Lot Features City Lot Rectangular Lot

Water Source Public

Lot Size Area 0.0902

Foundation Details Raised

Spa 0

Building Area Total 4277

Lot Dimensions 45*87

Lot Size Acres 0.0902

Interior

Fireplace Features Other

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 3

Half Baths 2

Street Suffix Street

Total Bedrooms 5

* Excluded Features

List By

Coldwell Banker Tec

Broker

mark.monfette@cbrealty.com

Affordability Calculator

$8,662

Per Month

Monthly Principal & Interest: $8,662
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in New Orleans, LA

Average List Price ^$531,155

Percent of Sale Price 57%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/14/2024	$1,239,999		Listed Price

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1525 Melpomene Street, New Orleans, LA, 70130 is a Single Family Home for sale at $1,239,999 with 3,481 sqft and a lot size of 0.0902. 1525 Melpomene Street has 5 bedrooms, 3.2 baths, and was built in 1924. The property's zip code is 70130 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/4/2024.

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1525 Melpomene Street

Single Family Home for sale in New Orleans, LA

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