NOT LISTED FOR SALE

1016 W 22nd Ave Unit 101 Covington, LA 70433

West 20s Neighborhood

Estimated Value: $580,000 - $789,000

-- Bed
-- Bath
2,400 Sq Ft
$284/Sq Ft Est. Value

Last Sold January 29, 2014

Current estimated payment $4,258/month

10 Days on Market

Highlights

  • 999 Acre Lot
  • Traditional Architecture
  • Wood Siding
  • Covington Elementary School Rated A-

About This Home

As of January 2014

INVESTMENT OPPORTUNITY IN THE HEART OF COVINGTON... 4 PLEX WITH EACH UNIT CONSISTING OF 2 BDRMS, 1 BATH, LIVING & KITCHEN - 600 SF OF LIVING AREA AND TOTAL AREA FOR THE BUILDING AT 2400. RETURN ORIGINAL CHARM TO THIS SPACIOUS STRUCTURE & BRING IN THE REVENUE! (THE PROPERTY WAS BUILT PRIOR TO 1978 LEAD BASED POTENTIALLY EXISTS)

Allison Vencil

LATTER & BLUM (LATT15) License #NOM:995684270 Listed on: 09/28/2013

LATTER & BLUM (LATT15)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,792

Year Built

  • 1975

Lot Details

  • 999 Acre Lot
  • Property is in below average condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Location

  • Outside City Limits

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 704331016W22NDST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,792

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Poor
  • ADA Features: No
  • Lp Amt Sq Ft: 27.00
  • List Price per Sq Ft: 27.3750
  • Measurmnt Apprx Not Guaranteed: Yes
  • SP Amt Sq Ftwcents: 31.2500
  • Building Stories: 2.00000
  • Age: 53
  • Age Description: Resale
  • Age Description 2: None
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1975

Interior Features

  • Estimated Living Area: 2400
  • Total Sq Ft: 2400

Exterior Features

  • Exterior: Wood Siding
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Off Street Parking

Utilities

  • Air Conditioner: None
  • Electricity Provided By: Cleco
  • Gas Type: None
  • Heating: None
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 999
  • Parcel #: 704331016W22NDST

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No

Multi Family

  • Total Full Baths All Units: 4
  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2013
Closed on
Dec 5, 2013
Sold by
Va
Bought by
William & Emily Smith Trust
Buyer's Agent
Allison Vencil
LATTER & BLUM (LATT15)
List Price
$65,700
Sold Price
$75,000
Premium/Discount to List
$9,300
14.16%
Total Days on Market
10
Current Estimated Value
$680,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,876
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Th Secretary Of Veterans Affairs

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William & Emily Smith Trust $75,000 --
Th Secretary Of Veterans Affairs $96,710 Mutliple
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2014 01/29/14 Sold -- -- --
10/08/2013 10/08/13 Pending -- -- --
09/28/2013 09/28/13 For Sale $65,700 -- $27 / Sq Ft
Source: Gulf South Real Estate Information Network

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
2024 $5,792 $52,815 $12,000 $40,815
2023 $5,792 $47,360 $9,000 $38,360
2022 $560,553 $47,360 $9,000 $38,360
2021 $5,597 $47,360 $9,000 $38,360
2020 $5,613 $47,360 $9,000 $38,360
2019 $4,684 $37,957 $6,270 $31,687
2018 $4,689 $37,957 $6,270 $31,687
2017 $4,736 $37,957 $6,270 $31,687
2016 $2,448 $19,529 $3,658 $15,871
2015 $1,803 $14,014 $3,500 $10,514
2014 $1,232 $9,671 $3,500 $6,171
2013 -- $29,377 $3,500 $25,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 967397

Gulf South Real Estate Information Network

APN: 20607