Some agents call this neighborhood the sliver by the river or have dubbed it the “sweet spot.” Whatever: It usually indicates a property in a most-wanted area of the city that is often substantially priced. Not so with this listing at 1008 Josephine St. This is a chance for a buyer to live in a desirable neighborhood at a most-reasonable price.
This condo offers a most unusual three bedroom configuration as well as all the other standard amenities.
“You can even put king size beds in the bedrooms,” said listing agent Pat Kahn, with Dorian Bennett Sotheby’s International. “The three bedrooms are all good-sized rooms with closets and windows, and one I have even set up as a study with a desk and bookshelves.”
The kitchen has some stainless steel appliances as well as a gas stove and all of the appliances are included in the sale of the unit. “The two fireplaces have been sealed, but lend a nice architectural feature to the home,” said Kahn.
The unit has bamboo floors in the living and dining rooms, kitchen, hall and the largest of the bedrooms; the two remaining bedrooms are carpeted. “The walls are painted light colors and help give the impression of a light, bright unit – plus it has the high ceilings everyone likes so much,” said Kahn. “Everything is in great move-in condition.”
There are two entrances to this condo, which is one of four in the building: one off the side walkway and one off the back patio. “The owners keep the brick patio in beautiful shape with lots of vines and blooming flowers,” said Kahn. “There is a fruit-bearing citrus tree here and a chimney cooker along with a patio table and chairs and the whole patio gets good sun.” Just off the patio is the washer/dryer and storage adjacent to it.
This condo is $145,000 with a $247 monthly condo fee and is located in the Lower Garden District just half-block from Magazine Street where great restaurants and an abundance of shops are within walking distance.
This whole Lower Garden District area was once a number of plantations, including the Livaudais Plantation. The various plantations were sold off in parcels to wealthy Americans who abhorred the thought of living in the French Quarter with the Creoles and wanted their own community with lush gardens and huge houses. It was laid out by New Orleans architect, planner and surveyor Barthelemy Lafon, became a part of the city of Lafayette in 1833 and was annexed by the city of New Orleans in 1852.
While the Garden District is a high-priced community, the Lower Garden District has a unique, eclectic flavor all its own. Centered around Coliseum Square, the area is one of graceful vistas and curving streets, replete with classical names like Dryades, Melpomene, and Terpsichore. Indeed, Lee Circle, originally named Tivoli Circle, was envisioned as an anchor for the nine streets that extend from it, all named after the nine muses. The houses here actually predate those of the Garden District proper, since they were built in the early years of the 19th century during the city’s upriver expansion from the French Quarter. Since the area is still in the process of being revitalized, many magnificent homes can be purchased here at reasonable prices, especially for those willing to invest a little sweat equity.
The Lower Garden District was already in a revival process before Hurricane Katrina, and the area remained dry and relatively undamaged during post-hurricane flooding. Today, as in the past, the Lower Garden District is a neighborhood ripe for discovery, filled with architectural gems, magnificent old streets, interesting residents, and a rich cultural heritage that only gets better with time. This listing at 1008 Josephine St. is an opportunity to be a part of that history.
“I’ve contacted a mortgage company and they will possibly lend 90 percent of the loan,” said Kahn. “This is a fabulous opportunity since most mortgage companies will only lend 80 percent on condos.”
Angela Carll may be reached at firstname.lastname@example.org or 504-947-6575
About This Home
n Address: 1008 Josephine St. Unit A
n Living area: 959 square feet
n Total area: 1,000 square feet
n Bedrooms: Three
n Baths: One
n Price: $145,000
n Condo Fee: $247/month
n Extras: Courtyard entrance; laundry in building
n Marketing agent: Patricia Kahn Dorian Bennett Sotheby’s International
n 504-944-3605 • 504-522-5000 (home office)
n 504-450-4506 (cell) • email@example.com