NOT LISTED FOR SALE

525 Governor Nicholls St Unit 204 New Orleans, LA 70116

French Quarter Neighborhood

Estimated Value: $262,000 - $311,000

1 Bed
1 Bath
430 Sq Ft
$684/Sq Ft Est. Value

Last Sold September 22, 2023

Current estimated payment $2,159/month

Highlights

  • Building Security
  • 4-minute walk to Esplanade Avenue Station
  • Stone Countertops
  • In Ground Pool
  • French Provincial Architecture
  • 5-minute walk to Cabrini Playground

About This Home

As of September 2023

The perfect FQ Pied-a-Terre, with secured parking and a pool bonus! The (10) unit, Louis Phillipe Condominiums are located on one of the best streets and neighborhoods in the FQ, with close proximity to everything you love! Built in the 1840's, the fully renovated structure, including a new slate roof, has both American and Creole characteristics. Owners and vehicles enter the building through a broad carriageway with an electric iron security gate which gives access to private parking, gardens and the pool, in the spacious rear yard. The condo entrance is up a private stairway, on a private balcony facing the courtyard garden. This cozy 1 bedroom, 1 bath unit has multiple operable windows and french doors with lockable shutters that keep the unit secure when away. Current owner is a top interior designer, who revised the initial plan into a singular organizing axis and then curated all the interior art, antiques, lighting and furnishings over several years. The interior is a romantic, peaceful retreat, with custom details throughout, including the wood paneled living room screen, the alcove bed with cabinetry and gorgeous bathroom vanity.
Sold fully furnished and includes the washer and dryer.

Last Agent to Sell the Property

SCOTT JAMES

REVE, REALTORS License #995697312 Listed on: 08/13/2023

REVE, REALTORS

Last Buyer's Agent

Albert Palumbo

Compass Historic (LATT09) License #000018644

Compass Historic (LATT09)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 2002

Lot Details

  • Fenced
  • Permeable Paving
  • Historic Home
  • Property is in excellent condition

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • French Provincial Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 430 Sq Ft Home
  • Property has 1 Level
  • Closed Circuit Camera

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard
  • Wood Patio

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include common areas, water
  • 10 Units
  • Louis Philipe Association

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Building Security
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,886

Year Built

Built in 2002

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: condo
  • Architectural Style: French/Provincial, Historic/Antique
  • Entry Level: 2
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built Details: 178
  • Year Built: 2002
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Stone Counters, Stainless Steel Appliances, Cable TV
  • Living Area: 430.0
  • Stories: 3

Exterior Features

  • Lot Features: City Lot
  • Pool Features: In Ground
  • Disclosures: Special Assessment
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Balcony, Courtyard, Fence, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Pavers, Balcony, Patio
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Slate

Garage/Parking

  • Parking Features: Assigned, Off Street, Parking Available, One Space

Utilities

  • Laundry Features: In Unit, Washer Hookup, Dryer Hookup
  • Security: Building Security, Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Common Grounds/Area
  • Association #2 Fee: 275.0
  • Association Name: Louis Philipe
  • Association: No
  • Pets Allowed: Cats OK, Dogs OK, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Lot: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold -- -- --
08/13/2023 08/13/23 For Sale $346,000 -- $805 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,886 $29,440 $7,290 $22,150
2024 $3,398 $25,360 $7,290 $18,070
2023 $2,047 $14,930 $7,290 $7,640
2022 $2,047 $14,550 $7,290 $7,260
2021 $2,149 $14,930 $7,290 $7,640
2020 $2,171 $14,930 $7,290 $7,640
2019 $2,256 $14,930 $7,290 $7,640
2018 $2,300 $14,930 $7,290 $7,640
2017 $2,197 $14,930 $6,910 $8,020
2016 $2,266 $14,930 $6,910 $8,020
2015 $2,220 $14,930 $6,910 $8,020
2014 -- $14,930 $6,910 $8,020
2013 -- $19,000 $4,030 $14,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2408589

APN: 2-08-1-004-47