4515 Montegut Dr · New Orleans, LA 70126

$198,500

3 bd · 1.0 ba · 1,129 sqft · SingleFamily public records · 91 Days on market

Built 1960 $176/sqft · at area comps Est $193k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.1/30.0
• ARV discount +6.2/15.0
• DSCR +5.7/10.0
• Livability +4.0/5.0
• 1% rule +3.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

<br><br> This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. <br><br> Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. <br><br> Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

Key facts

• Spacious backyard
• Granite countertops
• Open kitchen

Tags

• SPACIOUS BACKYARD
• OPEN KITCHEN
• GRANITE COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• PRIVATE PRIMARY SUITE
• OVERSIZED WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $198k.

Deal economics

• At list price, monthly cash flow is $106 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $173k (13.1% below list).
• Recommended offer: $173k (13.1% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 4.4% in New Orleans — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
• Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.2%/yr); 224 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
• At $1,725/mo this rent would consume 50% of the median local household income ($42k/yr) (locally 1767% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($181k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 21y ago; this cycle's ask has dropped $16k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $150k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,513 (13.1% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.87% ✗
• Cap rate: 7.34%
• Cash-on-cash: 3.73%
• DSCR: 1.17
• GRM: 9.6

CMA / ARV

• ARV (median comp): $192,828
• List price: $198,500
• Delta: 2.94%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4951 Feliciana Dr	0.31mi	3/1.0	1,118 (-1%)	4mo	$102,268	$91	81
5012 Stephen Girard Ave	0.50mi	3/1.0	1,150 (+2%)	2mo	$130,000	$113	72
5108 Feliciana Dr	0.38mi	3/1.5	1,147 (+2%)	13mo	$129,000	$112	67
3855 Metropolitan St	0.59mi	3/1.0	1,061 (-6%)	2mo	$95,000	$90	61
4635 Eastern St	0.39mi	2/2.0 (-1)	1,120 (-1%)	13mo	$225,000	$201	60
2757 Dreux Ave	0.62mi	2/1.0 (-1)	1,140 (+1%)	7mo	$145,000	$127	59
4712 Lafaye St	0.54mi	2/1.0 (-1)	1,157 (+2%)	9mo	$217,500	$188	58
2856 Hiawatha St	0.47mi	2/2.0 (-1)	1,102 (-2%)	12mo	$170,000	$154	55
4033 Odin St	0.74mi	3/2.0	1,124 (-0%)	10mo	$200,000	$178	52
2622 Wisteria St	0.67mi	3/1.0	1,244 (+10%)	7mo	$180,000	$145	46
4842 Pauline Dr	0.59mi	3/2.0	1,236 (+10%)	12mo	$223,500	$181	42
4472 Demontluzin St	0.59mi	3/2.5	1,296 (+15%)	10mo	$295,000	$228	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -15.9%
• Equity multiple: 0.45×
• Total profit: $-30,506
• Equity at exit: $29,597

10-year hold

• IRR: -13.2%
• Equity multiple: 0.32×
• Total profit: $-37,580
• Equity at exit: $17,163

Cash invested: $55,580 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70126

• Home prices YoY: -17.0%
• Rents YoY: -0.2%
• Active inventory: 224
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,725 high
• Mortgage (P&I): −$1,041
• Tax from tax record: −$67 /mo · $799/yr
• Insurance: −$83
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $106

Break-even live

Break-even rent $1,591

Max offer price $198,500

Occupancy floor 89%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,625
• Closing costs: $5,955
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4681 Eastern St New Orleans, LA	2.0	1.0	1100	$1,400	$1.27	15d	1	0.40mi
2844 Hiawatha St New Orleans, LA	2.0	1.0	975	$1,475	$1.51	23d	1	0.45mi
4951 Eastern St New Orleans, LA	2.0	1.0	850	$1,350	$1.59	23d	1	0.49mi
2754 Jasmine St New Orleans, LA	3.0	1.0	1020	$1,750	$1.72	23d	1	0.52mi
4767 Lafaye St New Orleans, LA	3.0	2.0	1469	$2,000	$1.36	23d	1	0.54mi
4936 Baccich St New Orleans, LA	3.0	1.0	1053	$1,700	$1.61	23d	1	0.55mi
2671 Gladiolus St Unit 2669 New Orleans, LA	2.0	1.0	830	$1,250	$1.51	23d	1	0.66mi
4722 Mithra St New Orleans, LA	3.0	1.5	1295	$1,600	$1.24	23d	1	0.70mi
2650 Gladiolus St New Orleans, LA	2.0	1.0	900	$1,600	$1.78	23d	1	0.70mi
4023 Franklin Ave New Orleans, LA	3.0	2.0	1000	$1,700	$1.70	2d	1	0.72mi
4926 Venus St Unit 4926 New Orleans, LA	2.0	1.0	800	$1,200	$1.50	3d	1	0.75mi
2700 Clover St New Orleans, LA	2.0	1.0	800	$1,250	$1.56	23d	1	0.77mi
2702 Clover St New Orleans, LA	2.0	2.0	880	$1,300	$1.48	23d	1	0.77mi
2647 Myrtle St Unit 2647 New Orleans, LA	4.0	2.0	1445	$2,550	$1.76	43d	1	0.88mi
2646 Elder St New Orleans, LA	3.0	3.0	1284	$2,200	$1.71	16d	1	0.93mi
2644 Elder St New Orleans, LA	3.0	3.0	1284	$2,200	$1.71	16d	1	0.93mi
2558 Acacia St New Orleans, LA	2.0	1.0	900	$1,500	$1.67	23d	1	0.94mi
2739 Bay St Unit B New Orleans, LA	4.0	2.0	1400	$1,800	$1.29	20d	1	0.95mi
2425 Jonquil St New Orleans, LA	2.0	2.0	1038	$1,500	$1.45	23d	1	0.96mi
3316 Metropolitan St New Orleans, LA	3.0	2.0	1184	$1,700	$1.44	23d	1	1.00mi
2509 Sage St New Orleans, LA	3.0	1.0	1250	$1,650	$1.32	21d	1	1.06mi
5747 Pauline Dr New Orleans, LA	3.0	1.0	1300	$1,400	$1.08	11d	1	1.07mi
5905 Lafaye St New Orleans, LA	3.0	1.0	911	$1,700	$1.87	23d	1	1.09mi
4616 Marigny St New Orleans, LA	2.0	1.0	1020	$1,750	$1.72	21d	1	1.10mi
4618 Marigny St New Orleans, LA	3.0	1.0	1320	$1,900	$1.44	23d	1	1.10mi
3540 Clermont Dr New Orleans, LA	3.0	2.0	1248	$1,975	$1.58	23d	1	1.16mi
2661 Abundance St New Orleans, LA	2.0	1.0	1000	$1,400	$1.40	23d	1	1.21mi
4211 Downman Rd New Orleans, LA	2.0	1.0	900	$1,250	$1.39	23d	1	1.25mi
5519 Mandeville St New Orleans, LA	3.0	1.0	1125	$1,650	$1.47	3d	1	1.25mi
6036 Franklin Ave New Orleans, LA	2.0	1.0	898	$1,200	$1.34	16d	1	1.28mi
5920 Boeing St New Orleans, LA	3.0	1.5	1340	$1,400	$1.04	23d	1	1.32mi
4441 Cessna Ct New Orleans, LA	3.0	1.5	1400	$1,600	$1.14	23d	1	1.33mi
6226 Lafaye St New Orleans, LA	2.0	2.0	1137	$2,600	$2.29	11d	1	1.34mi
6226 Lafaye St New Orleans, LA	2.0	2.0	1137	$2,600	$2.29	43d	1	1.34mi
5925 Saint Roch Ave New Orleans, LA	2.0	1.0	1000	$1,550	$1.55	16d	1	1.34mi
4304 Pauger St New Orleans, LA	2.0	1.0	1345	$1,450	$1.08	3d	1	1.42mi
3327 Elysian Fields Ave New Orleans, LA	3.0	1.0	1200	$1,300	$1.08	23d	1	1.44mi
4522 Shalimar Dr New Orleans, LA	3.0	2.0	1350	$1,850	$1.37	23d	1	1.45mi
2512 Mexico St New Orleans, LA	3.0	2.0	975	$1,550	$1.59	23d	1	1.45mi
6222 Arts St Unit 6226 New Orleans, LA	2.0	1.5	1120	$1,250	$1.12	23d	1	1.46mi

Listing history 45 events

1. 2026-06-18
   days on market $198,500 Active 91 DOM
2. 2026-06-17
   days on market $198,500 Active 90 DOM
3. 2026-06-16
   days on market $198,500 Active 89 DOM
4. 2026-06-15
   days on market $198,500 Active 88 DOM
5. 2026-06-13
   days on market $198,500 Active 86 DOM
6. 2026-06-10
   days on market $198,500 Active 83 DOM
7. 2026-06-09
   days on market $198,500 Active 82 DOM
8. 2026-06-08
   days on market $198,500 Active 81 DOM
9. 2026-06-07
   days on market $198,500 Active 80 DOM
10. 2026-06-05
    days on market $198,500 Active 77 DOM
11. 2026-06-03
    days on market $198,500 Active 76 DOM
12. 2026-06-02
    days on market $198,500 Active 75 DOM
13. 2026-06-01
    days on market $198,500 Active 74 DOM
14. 2026-05-31
    statusdays on market $198,500 Active 73 DOM
15. 2026-05-01
    price $198,500 528-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

16. 2026-05-01
    price $198,500 843-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

17. 2026-04-15
    price $209,000 528-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

18. 2026-04-15
    price $209,000 843-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

19. 2026-03-19
    listed $215,000 Active 528-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

20. 2026-03-19
    listed $215,000 Active 843-char remark

    Show marketing remark (843 chars)

    Here is your opportunity to buy a super cute and super affordable home!!! Well-maintained and move-in ready home with a spacious backyard perfect for entertaining, gardening, or relaxing outdoors. The open kitchen flows seamlessly into the living room and features granite countertops, stainless steel appliances, and plenty of workspace. This home offers 3 bedrooms including a private primary suite with an en-suite bath, double sinks, and an oversized walk-in closet. Large windows throughout fill the home with wonderful natural light. Offers plenty of parking with a long driveway providing ample space for multiple vehicles and an easy Horseshoe entrance/exit. Conveniently located near beautiful Pontchartrain Park, golf, walking paths, and neighborhood green spaces, with easy access to the lakefront, UNO, and downtown New Orleans.

21. 2017-10-27
    soldstatus $149,500
22. 2017-10-25
    soldstatus $149,500 Sold
23. 2017-09-27
    historical Pending Continue to Show
24. 2017-09-22
    status Active
25. 2017-08-23
    historical Pending Continue to Show
26. 2017-08-15
    listed $145,000 Active
27. 2017-08-15
    listed $145,000
28. 2016-12-15
    soldstatus $62,000 Sold
29. 2016-11-15
    historical Pending Continue to Show
30. 2016-10-26
    price $63,900
31. 2016-09-22
    price $67,900
32. 2016-09-02
    price $71,500
33. 2016-08-22
    status Active
34. 2016-06-13
    historical Pending Continue to Show
35. 2016-06-13
    status Under Contract
36. 2016-05-10
    price $74,900
37. 2016-03-24
    listed $78,800 Active
38. 2016-03-23
    listed $63,900
39. 2013-12-11
    listed $70,000
40. 2013-12-11
    listed $70,000
41. 2007-03-01
    soldstatus $99,900
42. 2005-06-06
    soldstatus $55,550
43. 2005-04-13
    listed $53,900
44. 2005-04-13
    listed $53,900
45. 1996-02-09
    soldstatus $29,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $799 · $67/mo
• Projected year-2 tax: $1,092 · $91/mo
• Expected delta: +$293/yr (+$24/mo · 36.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,702
• − Mortgage interest: −$11,119
• − Property taxes: −$799
• − Insurance: −$1,790
• − Repairs & maintenance: −$1,656
• − Management: −$1,656
• − Depreciation: −$5,775
• Taxable loss: −$2,093
• Est. tax savings @ 24.0%: +$502
• After-tax cash flow: $1,776/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Orleans Parish
• NCES district ID: 2201170
• Math proficiency: 11% ▼ -52.00%
• Reading proficiency: 27% ▼ -46.00%
• Median HH income: $37,011
• Composite: 15.78/100
• National rank: #9271
• State rank: #69 of 98 in LA

Livability — New Orleans

• Score: 81/100
• State rank: #3
• US rank: #1383

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime C- Employment D Housing B- Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Orleans, LA
• County: Orleans Parish · 338,817 people
• City population: 338,817
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 27,047
• Household income: $41,709
• Rent vs Own: 45.8% rent · 54.2% own
• Severe rent burden: 1767.0

Population outlook (Orleans County) Hauer SSP2

• Today (2025): 513,025 people
• By 2030: 575,781 · +12.2%
• By 2040: 700,174 · +36.5%
• By 2050: 826,541 · +61.1%
• By 2075: 1,123,374 · +119.0%
• By 2100: 1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (85%)
• Race & ethnicity: Black 85% Hispanic / Latino 6% Two or more races 5% White 5%
• Common ancestry: Lithuanian 1% Italian 1%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Orleans

• 2024 margin: Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
• 2008→2024 swing: +6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
• All cycles: 2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -36.35%
• Current HPI: 177.355
• Rent YoY: ▼ -0.24%
• Metro: New Orleans-Metairie, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+584.5% since first listed

31 events — show timeline

• 2026-05-01 Price Changed $198,500 AcadianaMLS
• 2026-05-01 Price Changed $198,500 GSREIN
• 2026-04-15 Price Changed $209,000 AcadianaMLS
• 2026-04-15 Price Changed $209,000 GSREIN
• 2026-03-19 Listed $215,000 GSREIN
• 2026-03-19 Listed $215,000 AcadianaMLS
• 2017-10-27 Sold (Public Records) $149,500 Public Records
• 2017-10-25 Sold (MLS) $149,500 GSREIN
• 2017-09-27 Contingent — GSREIN
• 2017-09-22 Relisted — GSREIN
• 2017-08-23 Contingent — GSREIN
• 2017-08-15 Listed $145,000 GSREIN
• 2017-08-15 Listed $145,000 AcadianaMLS
• 2016-12-15 Sold (MLS) $62,000 GSREIN
• 2016-11-15 Contingent — GSREIN
• 2016-10-26 Price Changed $63,900 GSREIN
• 2016-09-22 Price Changed $67,900 GSREIN
• 2016-09-02 Price Changed $71,500 GSREIN
• 2016-08-22 Relisted — GSREIN
• 2016-06-13 Contingent — GSREIN
• 2016-06-13 Pending — GSREIN
• 2016-05-10 Price Changed $74,900 GSREIN
• 2016-03-24 Listed $78,800 GSREIN
• 2016-03-23 Listed $63,900 AcadianaMLS
• 2013-12-11 Listed $70,000 GSREIN
• 2013-12-11 Listed $70,000 AcadianaMLS
• 2007-03-01 Sold (Public Records) $99,900 Public Records
• 2005-06-06 Sold (MLS) $55,550 GSREIN
• 2005-04-13 Listed $53,900 GSREIN
• 2005-04-13 Listed $53,900 AcadianaMLS
• 1996-02-09 Sold (Public Records) $29,000 Public Records

Property tax history

+6.1%/yr

Latest (2026): $799 · -7.2% YoY. Source: county tax records.