Condo / High-rise home in New Orleans, LA
A Condo condo in New Orleans, LA, it offers 1 bedroom and 1.5 bathrooms across 976 square feet. The Condo styling carries through the home's design.
| Price | $289,000 |
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| Beds | 1 |
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| Baths | 1.5 |
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| Sqft | 976 |
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| Architectural style | Condo / High-rise (71% match) |
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| Address | 1633 1st St #101, New Orleans, LA 70130 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $289K, this home is 4% below the $300K median for 128 similar Condo / High-rise homes in New Orleans, LA.
- That works out to $296 per square foot, 18% below the $362 comparable rate.
- On the market 51 days, longer than usual here, so the seller may be open to offers.
| This home | $289,000 |
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| Condo / High-rise median in New Orleans, LA | $300,000 (128 homes) |
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| Price per sq ft | $296 vs. $362 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,825/month with 20% down at a 7.28% 30-year fixed rate. You would need about $78,220 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,582/mo |
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| Property tax (new-buyer reassessed rate) | $135/mo |
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| Homeowners insurance | $108/mo |
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| Total monthly | $1,825/mo |
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| Down payment (20%) | $57,800 |
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| Income needed | $78,220/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (39 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (39/100) |
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| Beats renting in | 3% of modeled paths |
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| Modeled 5-yr equity (median) | $95,653 |
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| Range (10th to 90th pct) | $45,773 to $156,407 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward New Orleans, LA where local data is thin.
Local home values
Typical home values in New Orleans, LA have fallen about 6% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia