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Single Family ResidenceResidential
$138,129$90 / 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 94How 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

7940 WAVE DR

NEW ORLEANS, LA 70128
3
Beds
2
Baths
1,539 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.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$138K
$130K low$146K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,853 (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.$14,040 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,150
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$12,890
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$140,400

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.9 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.0.2 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.0.13
ConstructionThe main material the home's frame and walls are built from.Brick
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(8)

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

E
Mary Bethune Elementary Literature/TechnologyA-
Elementary · Grades PK–8 · 7.1 mi
M
Benjamin Franklin Elementary Math and ScienceB
Middle · Grades PK–8 · 13.0 mi

District: Orleans Parish School District

Neighborhood · ZIP 70128These 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.76
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.29

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.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.23%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.13,646
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,908 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,625
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,597
Average tempThe average temperature here across a full year.70°F
Annual precipHow much rain and melted snow falls here in a typical year.64 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

7940 Wave Dr 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.

  • Worth less than 79% of homes in Orleans Parish County
  • Costs less per square foot than 78% of homes in Orleans Parish County
  • Smaller than 69% of homes in New Orleans 70128
  • Newer than 89% of homes in Little Woods

What homes are worth in New Orleans 70128

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

This home
$55K$445K

This home is worth more than 33% of homes in New Orleans 70128.

How it measures up in New Orleans 70128

The dot is this home. The mark in the middle is the typical home in New Orleans 70128.

Estimated value$138,129
CheaperTypical $159,300Pricier

Pricier than 33% of homes nearby

Price per ft²$90
CheaperTypical $88Pricier

Pricier than 53% of homes nearby

Living area1,539 ft²
SmallerTypical 1,786 ft²Bigger

Bigger than 31% of homes nearby

Lot size0.13 ac
SmallerTypical 0.14 acBigger

Bigger than 48% of homes nearby

Year built1985
OlderTypical 1980Newer

Newer than 77% of homes nearby

How 7940 Wave Dr ranks against every home in each area.
MeasureThis homeLittle WoodsNew Orleans 70128Orleans Parish County
Estimated valuepricier than$138,12934% of homes33% of homes21% of homes
Price per ft²pricier than$9053% of homes53% of homes22% of homes
Living areabigger than1,539 ft²32% of homes31% of homes38% of homes
Lot sizebigger than0.13 ac45% of homes48% of homes63% of homes
Year builtnewer than198589% of homes77% of homes86% of homes

About 7940 Wave Dr

How much is 7940 Wave Dr, New Orleans, LA worth?

The TopHap Estimate for 7940 Wave Dr, New Orleans, LA is $138,129 as of Sep 24, 2026. The likely range is $130,093 to $146,165. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7940 Wave Dr, New Orleans, LA last sell?

7940 Wave Dr, New Orleans, LA last sold on Jul 28, 2026, according to the county's recorded deed.

How big is 7940 Wave Dr, New Orleans, LA?

7940 Wave Dr, New Orleans, LA has 3 bedrooms, 2 bathrooms, 1,539 square feet of living space and a 0.13-acre lot.

When was 7940 Wave Dr, New Orleans, LA built?

7940 Wave Dr, New Orleans, LA was built in 1985, making it 41 years old. The building has 1 story.

What schools serve 7940 Wave Dr, New Orleans, LA?

7940 Wave Dr, New Orleans, LA is assigned to Mary Bethune Elementary Literature/Technology (elementary), rated A-; Benjamin Franklin Elementary Math and Science (middle), rated B. All sit in Orleans Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7940 Wave Dr, New Orleans, LA compare to other homes in New Orleans 70128?

Among the 6,100 homes in New Orleans 70128, it is worth more than 33% of them ($138,129 against a typical $159,300), its price per square foot is higher than 53% of them ($90 against a typical $88), it is bigger than 31% of them (1,539 ft² against a typical 1,786 ft²), its lot is bigger than 48% of them (0.13 ac against a typical 0.14 ac) and it is newer than 77% of them (1985 against a typical 1980). Measured against all of Orleans Parish County, it is worth more than 21% of 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 7940 Wave Dr, New Orleans, LA?

The 2025 property tax bill for 7940 Wave Dr, New Orleans, LA was $1,853. The county assessed it at $14,040.

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