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Single Family ResidenceResidential
$1,886,259$387 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

497 WALNUT ST

NEW ORLEANS, LA 70118
4
Beds
4
Baths
4,877 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$1.9M
$1.7M low$2.1M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$19,455 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$147,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$27,040
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$120,360
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$147,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$1,474,000

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.7 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOrleans
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Wood Frame
HeatingThe type of heating system in the home.None
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 220 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Benjamin Franklin Elementary Math and ScienceB
Elementary · Grades PK–8 · 1.0 mi

District: Orleans Parish School District

Neighborhood · ZIP 70118These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.32

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.83%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.17%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.33,982
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,403 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$77,602
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$105,231
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.65 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

497 Walnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the most valuable homes in Orleans Parish County
  • Costs more per square foot than 91% of homes in Orleans Parish County
  • Among the largest homes in Orleans Parish County
  • Has a bigger lot than 78% of homes in New Orleans 70118
  • Older than 87% of homes in Orleans Parish County

What homes are worth in New Orleans 70118

Each bar is how many homes fall in that price range. The marker is this home.

This home
$76K$2.4M

This home is worth more than 95% of homes in New Orleans 70118.

How it measures up in New Orleans 70118

The dot is this home. The mark in the middle is the typical home in New Orleans 70118.

Estimated value$1,886,259
CheaperTypical $392,955Pricier

Pricier than 95% of homes nearby

Price per ft²$387
CheaperTypical $254Pricier

Pricier than 82% of homes nearby

Living area4,877 ft²
SmallerTypical 1,848 ft²Bigger

Bigger than 96% of homes nearby

Lot size0.14 ac
SmallerTypical 4,312 ft²Bigger

Bigger than 78% of homes nearby

Year built1900
OlderTypical 1925Newer

Newer than 14% of homes nearby

How 497 Walnut St ranks against every home in each area.
MeasureThis homeAudubonNew Orleans 70118Orleans Parish County
Estimated valuepricier than$1,886,25988% of homes95% of homesalmost all homes
Price per ft²pricier than$38750% of homes82% of homes91% of homes
Living areabigger than4,877 ft²91% of homes96% of homesalmost all homes
Lot sizebigger than0.14 ac66% of homes78% of homes65% of homes
Year builtnewer than190030% of homes14% of homes13% of homes

About 497 Walnut St

How much is 497 Walnut St, New Orleans, LA worth?

The TopHap Estimate for 497 Walnut St, New Orleans, LA is $1,886,259 as of Sep 24, 2026. The likely range is $1,669,825 to $2,102,693. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 497 Walnut St, New Orleans, LA last sell?

497 Walnut St, New Orleans, LA last sold on Nov 21, 1996, according to the county's recorded deed.

How big is 497 Walnut St, New Orleans, LA?

497 Walnut St, New Orleans, LA has 4 bedrooms, 4 bathrooms, 4,877 square feet of living space and a 0.14-acre lot.

When was 497 Walnut St, New Orleans, LA built?

497 Walnut St, New Orleans, LA was built in 1900, making it 126 years old. The building has 2 stories.

What schools serve 497 Walnut St, New Orleans, LA?

497 Walnut St, New Orleans, LA is assigned to Benjamin Franklin Elementary Math and Science (elementary), rated B. All sit in Orleans Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 497 Walnut St, New Orleans, LA compare to other homes in New Orleans 70118?

Among the 10,122 homes in New Orleans 70118, it is worth more than 95% of them ($1,886,259 against a typical $392,955), its price per square foot is higher than 82% of them ($387 against a typical $254), it is bigger than 96% of them (4,877 ft² against a typical 1,848 ft²), its lot is bigger than 78% of them (0.14 ac against a typical 4,312 ft²) and it is newer than 14% of them (1900 against a typical 1925). Measured against all of Orleans Parish County, it is worth more than almost all homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 497 Walnut St, New Orleans, LA?

The 2025 property tax bill for 497 Walnut St, New Orleans, LA was $19,455. The county assessed it at $147,400.

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