Investor special with lots of potential in the heart of Gentilly near Dillard University! This 2 bedroom, 1 bathroom cottage could easily be converted to a 3 bedroom, 1 bathroom home, or a 2 bedroom, 2 bathroom home. Priced well for a flip and sale, or to renovate and hold as a rental property. Stop by and fall in love!
Closed
Price Unknown
402 Wallace Dr, New Orleans, LA 70122
2beds
1,011sqft
Single Family Residence
Built in 1950
5,000 Square Feet Lot
$196,500 Zestimate®
$--/sqft
$1,924 Estimated rent
Home value
$196,500
$187,000 - $206,000
$1,924/mo
Zestimate® history
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$1,924/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Zuheily Lemoine 504-621-5916,
NOLA Living Realty
Bought with:
Errol Hall
Homesmart Realty South
Source: GSREIN,MLS#: 2473374
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Description: Flooring: Tile
- Level: Lower
- Dimensions: 12.9 X 23.1
Bedroom
- Description: Flooring: Vinyl
- Level: Lower
- Dimensions: 12.9 X 11.7
Dining room
- Description: Flooring: Laminate,Simulated Wood
- Level: Lower
- Dimensions: 12.9 X 13.0
Kitchen
- Description: Flooring: Laminate,Simulated Wood
- Level: Lower
- Dimensions: 11.1 X 9.9
Laundry
- Description: Flooring: Laminate,Simulated Wood
- Level: Lower
- Dimensions: 4.1 X 3.3
Living room
- Description: Flooring: Tile
- Level: Lower
- Dimensions: 13.5 X 13.0
Heating
- Window Unit
Cooling
- Window Unit(s)
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,106
- Total interior livable area: 1,011 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,000 Square Feet
- Dimensions: 40 x 125
- Features: City Lot, Rectangular Lot
Details
- Additional structures: Shed(s)
- Parcel number: 402WALLACEDR
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Shingle Siding, Shake Siding
- Foundation: Raised
- Roof: Shingle
Condition
- Average Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Orleans
Financial & listing details
- Tax assessed value: $69,200
- Annual tax amount: $913
- Date on market: 10/24/2024
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listing removed | $209,000$207/sqft |
Source:  GSREIN #2536908 Report a problem | ||
| 8/10/2026 | Listed for sale | $209,000$207/sqft |
Source: GSREIN #2536908 Report a problem | ||
| 7/31/2026 | Contingent | $209,000$207/sqft |
Source: GSREIN #2536908 Report a problem | ||
| 1/8/2026 | Listed for sale | $209,000+111.1%$207/sqft |
Source: GSREIN #2536908 Report a problem | ||
| 2/26/2025 | Sold | -- |
Source: GSREIN #2473374 Report a problem | ||
| 12/14/2024 | Contingent | $99,000$98/sqft |
Source: GSREIN #2473374 Report a problem | ||
| 10/24/2024 | Listed for sale | $99,000$98/sqft |
Source: GSREIN #2473374 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $913 +8.4% | $6,920 -47.7% |
| 2025 | $843 -1.3% | $13,230 |
| 2024 | $854 +204.1% | $13,230 +51% |
| 2023 | $281 -76.3% | $8,760 +4% |
| 2022 | $1,185 -6% | $8,420 -3.9% |
| 2021 | $1,261 -1% | $8,760 |
| 2020 | $1,274 +2.1% | $8,760 +6.1% |
| 2019 | $1,248 +488.5% | $8,260 |
| 2018 | $212 | $8,260 |
| 2017 | $212 -1.1% | $8,260 |
| 2016 | $214 +10.6% | $8,260 |
| 2015 | $194 | $8,260 |
| 2014 | $194 +1.2% | $8,260 |
| 2013 | $191 | $8,260 +5% |
| 2012 | -- | $7,870 +4.9% |
| 2011 | -- | $7,500 |
| 2010 | -- | $7,500 +338.6% |
| 2009 | -- | $1,710 |
| 2007 | -- | $1,710 -65.8% |
| 2006 | -- | $5,000 |
| 2004 | -- | $5,000 |
| 2002 | -- | $5,000 |
| 2001 | -- | $5,000 |
| 2000 | -- | $5,000 |
Find assessor info on the county website
Neighborhood: Dillard
Nearby homes
- $165,2002 bd2 ba1.2k sqft404 Wallace Dr, New Orleans, LA 70122Off Market
- $244,3003 bd2 ba1.6k sqft400 Wallace Dr, New Orleans, LA 70122Off Market
- $160,8003 bd1 ba1.5k sqft406 Wallace Dr, New Orleans, LA 70122Off Market
- $222,300-- bd1 ba1.5k sqft408 Wallace Dr, New Orleans, LA 70122Off Market
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- $167,9004 bd1 ba1.4k sqft401 Warrington Dr, New Orleans, LA 70122Off Market
- $--5,000 Square Feet405 Warrington Dr, New Orleans, LA 70122Sold
- $130,0002 bd1 ba891 sqft328 Wallace Dr, New Orleans, LA 70122Off Market
Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 1 mi
- NAMcDonogh 35 College Preparatory SchoolGrades: 9-12Distance: 1 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 6.1 mi
- Louisiana
- Orleans Parish
- New Orleans
- 70122
- Dillard
- 402 Wallace Dr
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