Welcome to 416 Common Street, a building located in Central Business District, French Quarter - CBD, Orleans in New Orleans, LA.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1870.
Finally, 416 Common Street was most recently sold on Jun 24, 2013 for $1,225,000.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 40,824 square feet.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 416 Common Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Central Business District area have a median price of $2,250.
Those in the 25th percentile, have a price around $1,650.
While those in the 75th percentile, have a price around $3,050.
Typically, the buildings in this area have a median sqft of 841.
That means that the median price per sqft is around $3.
In other words, the price per sqft for buildings in the 25th percentile is $2.
While the price per sqft for buildings in the 75th percentile is $3.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently a total of 6 one bedroom listings.
The median price for these types of listings is $1,625.
That's $2.81 price per sqft.
- There are currently a total of 6 two bedroom listings.
The median price for these types of listings is $2,775.
That's $2.49 price per sqft.
- There is currently a single advertised three bedroom listing.
- There are currently no four bedroom listings being advertised in the area.
About The Area
416 Common Street is located in Orleans Parish, Louisiana.
There are 382,922 people living here.
There are 154,844 households.
Most of these households have an average family size of 3.42 people.
According to the census, 54% are currently renting while 46% own their homes.
The median age of this population is around 35.5 years old.
On average, most folks in the county are unmarried.
About 9% of folks speak a language other than English in this area.
The area's employment rate is currently around 55.8%.
Speaking of employment, the median income is $37,488.
Most folks will commute by car for around 23.7 minutes.
Finally, we know that 23% of residents in the area have graduated with their high school degree.
Additionally, 21% and 15% have their Bachelor's and Master's degree, respectfully.
Moving on to the urban area level.
New Orleans, LA Urban Area has a population of 950,293 people.
Based on census records, there are 369,631 registered households.
Families in this area are on average made up of 3.32 people per household.
Most folks are unmarried.
They are also typically around 36.8 years old.
Does diversity matter to you? Right now, 13% of folks speak a language other than English here.
About 44% rent while 56% purchased their homes.
Right now, the community is made up of 29% of residents who have graduated with at least a high school degree.
On top of that, 18% have a Bachelor's degree and 11% have a Master's degree.
The employment rate is currently around 58%.
Those employed, have a median income of $45,222.
If you move here, you can expect to commute mostly by car for around 24.2 minutes.
