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2505 Palmer Ave, New Orleans, LA, 70118

4beds
3baths
2,297sqft
$699,000
$304price/sqft
$5,115/moest. monthly cost
$204,600/yrincome needed

About This Home

Discover this charming 15-year-old home on historic Palmer Avenue, just steps from Tulane University—perfect for LOW insurance! This delightful Uptown residence features upgraded finishes throughout, including unique lighting and gleaming hardwood floors. The spacious chef's kitchen boasts luxurious marble and granite accents and flows into an open floor plan ideal for entertaining. The versatile first floor includes an eat-in kitchen bar, and a separate den that can easily serve as a fourth bedroom. Enjoy an extra-large primary bedroom with a platform Jacuzzi tub in the en-suite bathroom and a HUGE walk-in closet! The outdoor spaces are perfect for BIG gatherings, featuring a long party deck, a covered seating area, a carport, and two inviting covered New Orleans porches for relaxation. Experience a wonderful blend of style, functionality, and prime location—come see!

Getting Around

70
WalkingSomewhat Walkable
48
TransitSome Transit
76
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2010

Materials

  • Foundation: Raised
  • Roof: Asphalt,Shingle
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Appliances

  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Level: Second
  • Dimensions: 18.7 x 9.9

Bedroom

  • Level: Second
  • Dimensions: 11 x 13

Bedroom

  • Level: First
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

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

Heating & Cooling

  • Heating features: Central,Multiple Heating Units
  • Cooling features: Central Air,2 Units

Interior Area

  • Total structure area: 3,910
  • Total interior livable area: 2,297 sqft

Kitchen

  • Level: First
  • Dimensions: 12 x 12.6

Living Room

  • Level: First
  • Dimensions: 28.1 x 12.9

Primary Bedroom

  • Level: Second
  • Dimensions: 17 x 14.2

Property

Details

  • Parcel number: 615208006
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Wood

Lot

  • Lot size: 3,598 sqft
  • Features: Corner Lot,City Lot
  • Lot size dimensions: 60 x 60

Parking

  • Parking features: Carport,Off Street,Three or more Spaces
  • 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
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
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 $3,534$42,408
Home Insurance *$913$10,956
Property Taxes $495$5,940
Electricity $173$2,084
Total$5,115$61,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$175,371/yr
40% on housing$153,450/yr
45% on housing$136,400/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 70118$232
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70118$261
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
2026-03-06Listing removed$5,600
2025-09-05Listed for rent$5,600
2025-09-04Price change$749,000
2024-10-28Listed for sale$795,000
2019-12-13Sold--
2019-10-28Listed for sale$675,000
2018-07-20Listing removed$3,300
2018-05-16Price change$3,300
2018-03-16Listed for rent$3,800
2014-10-16Sold--
2014-09-27Pending sale$548,000
2014-08-31Listed for sale$548,000
2014-05-20Listing removed$595,000
2014-05-16Listed for sale$595,000
2005-05-26Sold--

For Sale by Agent

AgentHaj Langford
BrokerageREMAX N.O. Properties

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