NOT LISTED FOR SALE

1022 W 16th Ave Covington, LA 70433

Estimated Value: $358,000 - $604,000

4 Beds
2 Baths
1,920 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 18, 2020

Current estimated payment $2,712/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Rectangular Lot
  • Covington Elementary School Rated A-
  • Property is in very good condition
  • 1-minute walk to Hubie Gallagher Park

About This Home

As of September 2020

Fabulous duplex in an excellent location directly across from the park and in close proximity to the hospitals and downtown Covington. The units have been freshly painted and have a new roof. Easy to rent and great investment.

Last Agent to Sell the Property

Karl Cavaretta

Compass Mandeville (LATT15) License #000050388 Listed on: 07/08/2020

Last Buyer's Agent

Karl Cavaretta

Compass Mandeville (LATT15) License #000050388 Listed on: 07/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Lot Dimensions are 50 x 125
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Covington Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 3
  • Assessor Parcel Number 704331022W16THAV3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,223

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 125
  • Subdivision Name: Covington
  • Directions: From I-12 North on Hwy 21 (Tyler St.) to left on 16th two blocks on Rt across from park.
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: 45
  • Year Built: 1975
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1920.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Very Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 704331022W16THAV3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2015
Sold by
Favret Dean J and Favret Karin M
Bought by
1026 W 16Th Ave Llc
Current Estimated Value
$463,995

Purchase Details

Closed on
Jun 30, 2015
Sold by
Tri-Fitz Llc
Bought by
Daigle Ii Patrick K and Daigle Sarah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1026 W 16Th Ave Llc -- --
Daigle Ii Patrick K $275,000 Crescent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daigle Ii Patrick K $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold -- -- --
08/19/2020 08/19/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $229,500 -- $120 / 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
2024 $3,223 $30,619 $7,500 $23,119
2023 $3,358 $28,373 $7,500 $20,873
2022 $335,826 $28,373 $7,500 $20,873
2021 $3,353 $28,373 $7,500 $20,873
2020 $3,362 $28,373 $7,500 $20,873
2019 $2,995 $24,271 $4,703 $19,568
2018 $2,998 $24,271 $4,703 $19,568
2017 $3,028 $24,271 $4,703 $19,568
2016 $3,042 $24,271 $4,703 $19,568
2015 $2,924 $22,726 $4,000 $18,726
2014 $2,895 $22,726 $4,000 $18,726
2013 -- $22,726 $4,000 $18,726
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karl Cavaretta

    Compass Mandeville (LATT15)

See All Agents

Map

Source: ROAM MLS

MLS Number: 2260217

APN: 20774

Louisiana St Tammany Parish Covington 70433

1022 W 16th Ave, Covington, LA

Not Listed for Sale

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