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The need to dwell in Uptown New Orleans, particularly zip code 70115, is clear by the three highest priced properties bought on Octavia Avenue, Nashville Avenue, and Constance Avenue, all qualifying for Fee Completed this week.

One luxurious house is situated within the “Golden Rectangle” – generally known as the realm bounded by Calhoun Avenue, Jefferson Avenue, Tchoupitoulas Avenue, and St. Charles Avenue; one other luxurious residence was featured within the Wall Avenue Journal; and the third qualifying luxurious house is steps from the Mardi Gras parade route, one of many many engaging facilities to residing in Uptown New Orleans.

Latest statistics for the 70115 market additional validate the three properties being on the record. Common gross sales costs in 70115 have elevated 19.6% year-over-year, and 13.3% year-to-date, in keeping with the Might 2024 report by New Orleans Metropolitan Affiliation of Realtors (NOMAR). The common gross sales worth is now $845,744, and closed gross sales are up 22.6% with 38 closing in Might.

“The actual property market on this zip code appears to be very lively. There have been 19 properties over $1 million which have bought not too long ago within the final three months,” stated Arnold Yoo, a Realtor with McEnery Residential, LLC. “We consider it’s a good signal for the luxurious market. Though, having a strategic plan and a powerful advertising and marketing push remains to be wanted in place.”

Yoo was the co-listing agent with colleague Anna Mixon on 1202 Octavia St., which bought for its itemizing worth of $1,495,000 on June 25. The gross sales agent was Scott Weston, of The McEnery Firm.
1202 Octavia is a luxurious nook lot residence initially inbuilt 1903 and located within the Golden Rectangle close to Audubon Park. “The transaction was extraordinarily clean, and our purchasers are overjoyed,” stated Yoo. “The unique particulars of the house make this property distinctive – the gorgeous authentic wooden floors, excessive ceilings, and two massive stained-glass home windows.”

622 Nashville Ave. was previously featured within the Wall Avenue Journal for its custom-designed inside renovations by Logan Killen Interiors & Design Studio. The posh residence bought for $1,395,000 on June 28. The itemizing agent was Michael Bono, an actual property agent with Bono Realty, and the gross sales agent was Jennifer Fowler, of Rȇve Realtors.

“This stylish side-hall Victorian residence drew vital curiosity the day it hit the market. It underwent a serious renovation in 2017, and beautiful design upgrades by my purchasers in 2019, all whereas retaining its pretty historic element courting again over 100 years,” stated Bono, a licensed realtor and legal professional for greater than 20 years within the Better New Orleans space. “The house consists of off-street parking behind an iron privateness gate, which is uncommon for Uptown. The proximity to Journal Avenue and Audubon Park made this residence an especially sought-after property.”

Location was additionally a lift to the June 28 transaction of 3509 Constance St., which is an “A+ location simply steps to the Mardi Gras parade route,” writes Ansley Marshall, of McEnery Residential LLC, in her MLS writeup, Marshall was the itemizing agent, whereas the gross sales agent was Ryan Wentworth, of Rȇve Realtors.

3509 Constance St. bought for $1,345,000. The posh three-story residence is situated a block from Journal Avenue and has 5 bedrooms, every accompanied by its personal en-suite toilet. The sq. footage is 3,752 sq. ft.

Beneath is extra details about the highest-priced properties bought this week for Fee Completed.

Handle: 1202 Octavia St., New Orleans, 70115
Gross sales worth: $1,495,000
Record worth: $1,495,000
Date bought: June 25
Days on Market: 2
Itemizing brokers: Arnold Yoo and Anna Mixon, McEnery Residential, LLC
Gross sales agent: Scott Weston, The McEnery Firm

Situated on a nook lot within the Golden Rectangle, the luxurious residence at 1202 Octavia St. bought for its precise itemizing worth of $1,495,000 on June 25. The corner-lot residence, initially inbuilt 1903, options 4 bedrooms, 2½ bogs, and three,104 sq. ft of residing area.

• Architectural particulars and high-quality finishes all through, together with 11-foot ceilings, wooden floors, pocket doorways, crown moldings, historic medallions, and authentic stained-glass home windows.
• Renovated chef’s kitchen options two islands, a Sub-Zero fridge, a Wolf vary, Miele double ovens, and an ice maker; outdoor has ample area for entertaining behind a brick privateness wall, together with two off-street parking spots secured by an electrical gate.

Handle: 622 Nashville Ave., New Orleans, 70115
Gross sales worth: $1,395,000
Record worth: $1,395,000
Date bought: June 28
Days on Market: 16
Itemizing agent: Michael Bono, Bono Realty, Inc.
Gross sales agent: Jennifer Fowler, Rȇve Realtors

An Uptown New Orleans residence at 622 Nashville Ave. bought for $1,395,000 on June 28. The Victorian fashion residence, initially inbuilt 1920, fully renovated in 2017, and additional up to date in 2023, options 3 bedrooms, 3½ bogs, and a couple of,851 sq. ft of residing area.

• Renovations embrace the addition of a second flooring and custom-designed inside by Logan Killen Interiors, featured within the Wall Avenue Journal; downstairs options coronary heart of pine flooring, crown molding, and 5 ornamental fireplaces; gourmand kitchen boasts an outsized island, Calcutta viola marble counter tops, zellige tile backsplash, a wine cooler, and an outsized walk-in pantry; light-filled entrance front room adorns built-in cabinets and an open den located below massive bay home windows; and downstairs suite features a toilet with Carrera marble, a soaking tub, and a big bathe.
• Upstairs options two bedrooms and bogs, and a bonus room; two Trane 18-seer variable pace models; a washer and dryer on each flooring; Cat 6 wiring; encompass sound; rainbird watering system; a principally slate roof; slate patio; slate walkway; plantation shutters; screened-in rear porch; wealthy cobblestone driveway for as much as three automobiles for off-street parking with an electrical iron gate; electrical gate encloses a yard; deep aspect yard; and a substantial-sized entrance yard overlooking oak timber.

Handle: 3509 Constance St., New Orleans, 70115
Gross sales worth: $1,345,000
Record worth: $1,385,000
Date bought: June 28
Days on Market: 128
Itemizing agent: Ansley Seaver Marshall, McEnery Residential, LLC
Gross sales agent: Ryan Wentworth, Rȇve Realtors

An Uptown New Orleans residence at 3509 Constance St. bought for $1,345,000 on June 28. The house, a block from Journal St., options 5 bedrooms, every accompanied with its personal en-suite toilet, 5½ bogs, and three,752 sq. ft of residing area.

• The primary flooring has one bed room, second flooring has main suite and two further bedrooms, and third flooring has bonus room/additional bed room; downstairs consists of open flooring plan; chef’s kitchen furnished with top-tier Thermador home equipment, a wine fridge, an ice maker, waterfall island, and complemented by a hearth within the residing space; laundry room and powder tub on first flooring with a further laundry room on the second flooring; and first suite showcases a hearth, twin walk-in closets, a soaking tub, and a generously sized walk-in bathe that includes physique sprays and a rain bathe, plus a non-public porch.
• A landscaped yard consists of again porch with an out of doors kitchen; ample area for a pool; and a sprinkler system.

Info offered by Kelleye Rhein & Stephan Mock of Reve Realtors.