525 Madison St, New Orleans, LA 70116

4 beds4 baths7,200 sqft Edit

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Off Market
Zestimate®: $773,340
Rent Zestimate®: $4,000/mo
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My Notes

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An amazing mini-estate, this historic complex began life as a tomato warehouse in the early 19th century in New Orleans. It is just half a block from the Mississippi River and Jackson Square. It was a theatre and now a stunning contemporary complex with lots of glass and light set in lush gardens with a 2 car garage, swimming pool, and fountains. The house is in two connected buildings with income from a separate 1834 sq ft commercial.

Facts

  • Single Family
  • Built in 1817
  • Views: 39,173 all time views
  • Cooling: Central

    Features

    • Parking: Garage - Attached, 3 spaces

        Room Types

        • Recreation room

        Construction

        • Exterior material: Brick
        • Roof type: Other
        • Structure type: Other

        Other

        • Floor size: 7,200 sqft
        • Last remodel year: 1995
        • Unit floor #: 2
        • Zillow Home ID: 2145372395

        Zestimate Details

        Zestimate
        A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

        The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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        $773,340
        +$7,810 Last 30 days
        $557K
        $936K
        Zestimate range
        Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

        The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
        $4,000/mo
        +$500 Last 30 days
        $2.2K
        $8K
        Zestimate range

        Improve This Home's Value

        The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

        The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

        Mid-Range Minor Kitchen Remodel

        • Mid-Range Minor Kitchen Remodel

        • + 25.7K VALUE
        • Project cost: $18,533
        • See kitchen ideas

        Mid-Range Bathroom Remodel

        Deck Addition

        Popularity on Zillow

        39,173 all-time views
        of this home (chart)

        Comparable Homes

        Homes like this sold for $399K-1.17M.

        $350K
        $1.23M

        Mortgages

        Neighborhood: French Quarter

        Zillow predicts 70116 home values will rise 8.6% next year, compared to a 2.1% rise for New Orleans Metro as a whole. Among 70116 homes, this home is valued 103.2% more than the midpoint (median) home, but is valued 67.2% less per square foot.

        Foreclosures will be a factor impacting home values in the next several years. In 70116, the number of foreclosures waiting to be sold is 94.7% less than in Louisiana, and 99% less than the national average. This lower local number could help 70116 home values rise more quickly than other regions in Louisiana.
          read more Less 

        Nearby

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          Nearby Schools in New Orleans

          GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

          Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

          Data by GreatSchools.org