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3345 Somerset Dr, New Orleans, LA, 70131

4beds
2baths
1,714sqft
$235,000
$137price/sqft
$1,976/moest. monthly cost
$79,040/yrincome needed

About This Home

Welcome to this beautifully renovated 4-bedroom, 2-bath home that’s truly move-in ready! This stunning brick home offers 1,714 square feet of thoughtfully updated living space featuring an open and inviting layout with no carpet, luxury vinyl plank flooring throughout, and stylish finishes from top to bottom. The modern kitchen is complete with granite countertops, stainless steel appliances, and ample cabinet space, simplifying it for everyday living and entertaining. The spacious living areas flow seamlessly into the generously sized bedrooms, while updated fixtures and fresh finishes create a warm, contemporary feel throughout the home. Step outside to enjoy the covered patio and fenced backyard, offering plenty of room for relaxing, entertaining, or pets. Additional features include new windows, new roof, stackable washer/dryer, central A/C and heat, large shed and a large driveway with covered carport parking for multiple vehicles. Conveniently located with easy access to shopping, dining, schools, and minutes from the CBD, this home offers the perfect combination of comfort, style, and convenience with a X flood zone make this home more affordable. Don’t miss your opportunity to own this beautifully updated home—schedule your private showing today!

Getting Around

39
WalkingCar-Dependent
30
TransitSome Transit
46
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 1962

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Carbon Monoxide Detector,Granite Counters,Stainless Steel Appliances
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,1 Unit

Interior Area

  • Total structure area: 1,714
  • Total interior livable area: 1,714 sqft

Kitchen

  • Level: Lower

Living Room

  • Level: Lower

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 513813506
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Concrete,Covered,Porch
  • Exterior features: Fence,Porch

Lot

  • Lot size: 7,200 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 60 x 120

Parking

  • Total spaces: 3
  • Parking features: Carport,Driveway,Three or more Spaces
  • Has uncovered spaces: Yes
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$475$5,700
Property Taxes $166$1,992
Electricity $147$1,773
Total$1,976$23,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,748/yr
40% on housing$59,280/yr
45% on housing$52,693/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 70131$114
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70131$126
Orleans Parish$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$250,000
2026-06-27Listed for sale$235,000
2025-10-14Listing removed$239,900
2025-07-29Price change$239,900
2025-05-30Price change$249,900
2025-05-03Listed for sale$259,900
2025-04-30Pending sale$259,900
2025-04-22Listed for sale$259,900
2025-04-10Listing removed$249,800
2024-10-02Price change$249,800
2024-08-06Price change$249,900
2024-08-02Price change$259,000
2024-06-21Listed for sale$259,999
2024-05-06Sold--
2024-04-05Pending sale$159,900
2024-03-29Listed for sale$159,900
2014-09-19Sold--
2014-06-30Price change$91,900
2014-06-08Price change$89,900
2014-05-07Price change$94,900
2013-12-18Listed for sale$99,900

For Sale by Agent

AgentShawn Collins
BrokerageHomesmart Realty South

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