NOT LISTED FOR SALE

1133 N Lee Rd Unit 2 Covington, LA 70433

Estimated Value: $545,683

Studio
-- Bath
1,215 Sq Ft
$449/Sq Ft Est. Value

About This Home

As of October 2020

Great location for small business, plenty of parking. Can be leased out with Unit #1 for $2,000 total. ML# 2227703

Last Agent to Rent the Property

Lori Hahn

Compass Mandeville (LATT15) License #995686982 Listed on: 10/16/2019

Compass Mandeville (LATT15)

Last Renter's Agent

Gerri Pousson

Compass Covington (LATT27) License #000016196

Compass Covington (LATT27)

Property Details

Property Type

  • Other

Year Built

  • 2004

Lot Details

  • Permeable Paving
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Treatment Plant
  • Well

Community Details

  • Magnolia Heights Subdivision

Listing and Financial Details

  • Security Deposit $1,000
  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 704351133NLEERD2

Property Details

Property Type

Other

Year Built

2004

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Security Deposit: 1000.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Subdivision Name: Magnolia Heights
  • Directions: Going north on Collins, take Rt on E Edwards. Going north on Lee Rd, take a L on E Edwards
  • New Construction: No
  • Year Built Details: 13
  • Property Sub Type Additional: Office,Retail,Warehouse
  • Special Features: None
  • Year Built (Public Record): 2004

Interior Features

  • Owner Pays: Insurance, Taxes
  • Living Area: 1215.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: Permeable Paving
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Treatment Plant
  • Water Source: Well

Lot Info

  • Parcel #: 704351133NLEERD2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
N3 Investments Company
Bought by
Mistretta Investments Llc
Current Estimated Value
$545,683

Purchase Details

Closed on
May 23, 2018
Sold by
Moise Katherine M
Bought by
N3 Investment Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records
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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
Mistretta Investments Llc $540,000 Stone Title
N3 Investment Co $412,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner N3 Investment Co $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Rented $850 -15.0% --
09/21/2020 09/21/20 Under Contract -- -- --
10/16/2019 10/16/19 For Rent $1,000 -- --
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 $6,994 $45,927 $0 $45,927
2023 $5,889 $53,693 $7,766 $45,927
2022 $635,512 $53,693 $7,766 $45,927
2021 $6,345 $53,693 $7,766 $45,927
2020 $6,363 $53,693 $7,766 $45,927
2019 $5,809 $47,077 $2,790 $44,287
2018 $4,910 $39,742 $2,790 $36,952
2017 $4,958 $39,742 $2,790 $36,952
2016 $4,982 $39,742 $2,790 $36,952
2015 $4,893 $38,030 $2,670 $35,360
2014 $4,845 $38,030 $2,670 $35,360
2013 -- $38,030 $2,670 $35,360
Source: Public Records

Agents Affiliated with this Home

  • Lori Hahn

    Landlord's Agent in 2020

    Lori Hahn

    Compass Mandeville (LATT15)

    (504) 577-8888

    19 in this area

    87 Total Sales

    Lori Hahn
    Section Image

  • G

    Tenant's Agent in 2020

    Gerri Pousson

    Compass Covington (LATT27)

    (985) 264-5477

    25 in this area

    56 Total Sales

    Gerri Pousson
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2227708

APN: 18121

Louisiana St Tammany Parish Covington 70433

1133 N Lee Rd Unit 2, Covington, LA

Not Listed for Sale

Other

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