Archive for October, 2010
1750 St. Charles Ave #335, Lots of condo for this price plus garage parking !
October 30th, 2010 categories: Condo Listings, New Orleans Condo Reviews
This large updated condo is located at 1750 St. Charles Ave. is priced at $269,335 and is a two bedroom two bath condo with garage parking. The condo itself is very large for the New Orleans condo market with more than 1450 sq. ft of living area. It has large rooms, plenty of storage, nine foot ceilings and windows in each bedroom. The third floor location is ideal for its street views. It is close the to elevators and the trash chute.
Recent updates include a professional paint job throughout the condo. The new wood floors are in the dining, living and kitchen. The newer carpets are in the bedrooms. The kitchen is in very good shape as are the large bathrooms. All appliance stay with the purchase. There is a washer and dryer in the master bath.
The condo complex is a well managed complex with on site management and 24 hour security that is very strict. The large tropical courtyard is a site in itself being well maintained and a place to ponder the day. Big enough to take a walk and easily get some fresh air. The garage parking is a big plus as well. There are 3-4 elevators to make it easy to get to your unit.
The condos feature a large exerc ise gym, rooftop viewing area on the 7th floor open to the all residents. Enjoy the city skyline views day and night. The area is several blocks from Lee Circle and right on the St. Charles Ave. Streetcar route.
The building was turned into condos in 2005 and tended to sell quickly as buyers could take the units as they were or pay an extra 25k to get the unit updated with new kitchens and baths, wood floors and other updates. Many did get the updates and some updated on their own as this one had done.
The complex is large but spread out over 7 floors and a large city block. The bottom floor is all secure parking , offices and a lobby. There are 219 units with most of the units being two bedroom units.
There are currently 4 -2/2 condos on the market and 4 one bedroom units on the market. The two bedroom, two bath condos have been the strength of the New Orleans Condo Market for the last 2 years. To my knowledge there has never been a foreclosure in this complex.
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4007 St. Charles Ave. Condos, Reasonable Prices with a great location!
October 24th, 2010 categories: New Orleans Condo Reviews, Uptown NOLA
The Uptown condos located at 4007 St. Charles Ave. New Orleans, La. 70115 are becoming a much better pick than most people currently know. It is undergoing a transformation from a complex of more elderly to more of a mix of young, middle and older. You are seeing students and second homers buying because they do offer a lot. When you see this transformation taking place you can get some fairly good deals.
Location…..Being on St. Charles Ave between Marengo and Constantinople you are halfway to downtown and halfway to Audubon Park, Tulane University and Loyola University. This puts it close to the medical schools as well. You are on the streetcar line for easy transportation. You can view all the St. Charles Ave. Mardi Gras parades as well.
Parking…..The units have gated parking which is not common for complexes in this price range. It is easily worth 10k-15k in this area of town. There is an elevator as you enter as well as stairs from all sides.
Prices….You can buy a unit in the 160k range. More for condos that have been updated and less for condos that are nice but have not completely updated. The condo fees are very reasonable coming in at less than $170 per month.
Easy Floor plan….That features large bedroom with windows to the outside and a large living area that faces the courtyard. The kitchens are small but then most are for a one bedroom unit. Most of the units are one bedroom condos at about 650 sq. ft. of living. Decent amount of closets.
The only downsize that I see is lack of washer and dryers in each unit. There is a community wash and dry area. Some of the owners have put washer and dryer unit in but not the majority.
The complex is well kept….. and features an updated pool, secure entrance and management that has made many improvements and upgrades over the last 3-4 years. This will keep your values when you see well kept common areas such as you see here. Read the rest of this entry »
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New Orleans Ranks well ! City is becoming much younger !
October 17th, 2010 categories: Art , Music , Parks, Market Trends
The city known as the “Big Easy” also came out tops for people watching, singles scene and the metropolis with the best bars and concerts and bands.
“In the nightlife category, New Orleans beat Las Vegas. Last year New Orleans swept all of the night-life categories and New Orleans did this year,” Kelso added.
Miami topped the charts for the most attractive people, followed by San Diego and Charleston but southern charm seemed to come into play with Nashville, New Orleans and Charleston having the friendliest folks.
New York was the U.S. city with the most stylish residents with Miami and San Francisco and Los Angeles also coming up with high marks.
But when it comes to most intelligent Minneapolis/St. Paul took the crown, followed by Austin and Boston. The twin cities also scored top marks as the cleanest city.
The results were based on an online survey of more than 60,000 people who rated 30 U.S. cities in various categories. Five new cities, Providence, Kansas City, Cleveland, Houston and St Louis, were added to the survey this year.
Washington D.C. was the top choice for best museums, galleries and historical sites, with New York, Chicago, Philadelphia and Boston also in the top five.
“In regards to culture, Washington D.C. and New York really tied in that category. New York got the No. 1 ranking for classical music and theatres, and Washington D.C. did for historical sites and monuments and museums and galleries. It was a nice East Coast tie,” Kelso said.
For more sedate family fun, Orlando, Florida was the top choice with Washington D.C. coming in second, and San Diego third. If money is a consideration, Cleveland scaled the chart for best affordable getaway.
New York may have bowed to New Orleans in the nightlife ranking but it was still scored top marks in a category considered important by many — shopping.
Katrina and lately the Saints have given us exposure you could never pay for in a million years. New Orleans just has to take advantage of the good news.
(Reuters Life!) – “Looking for romance? Head to Honolulu. But if you are single, like live music, boutique hotels and want a wild weekend, New Orleans is the city to visit.
In its latest survey of America’s favorite cities Travel and Leisure magazine asked readers to pick the best places for everything from the most attractive, intelligent, stylish and the friendliest people to where to find the best museums, restaurants, bars, museums and affordable hotels.
“The big news this year is that New Orleans received the most number one rankings over New York,” said Travel and Leisure Assistant Editor Stirling Kelso.
“It is a popular weekend destination. You can go to New Orleans and feel like you have left the country,” she added. Read the rest of this entry »
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Louisiana State Bond Money 2010 helps First Time Buyers !
October 1st, 2010 categories: Buyers Agent, Julie's Mortgage Tips
Louisiana state Bond money is now available on a first come basis with an accepted contract for first time home buyers. Those who have not owned a home in the last 3 years would be eligible. The LHFA State bond money carries an interest rate of 3.95% for 30 years. You also get a 3% down payment assistance as well. This is like a gift. The rates are great and everyone likes a gift as well. There is a .75% origination fee.
This can folded into a an FHA or VA where you are allowed to ask the seller to pay your closing cost and pre-paid up to a certain point. This will normally fall between 3% and 4%. On a $200,000 loan you can get $12,000 with 3% assistance and 3% sellers concessions to off set your cost of buying.
There are income limits will vary by Parish along with limits on the purchase price. The best I can tell is that the maxium purchase price is $258,690. The income limits for two or less is $61,200 and $70, 380 for three or more. The State has 20 million for this so it may not stay around for long.
For additional information you should call my favorite lender Julie Baudier at 504-583-1793 cell to check out the details. She gives quality service plus the best deal that she can. She works for Standard Mortgage in Metairie. If you fish then you can give her your best fish story. Tell her Eric sent you…………
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