NOT LISTED FOR SALE

18648 Highway 40 Covington, LA 70435

Estimated Value: $511,000 - $1,622,000

4 Beds
3.5 Baths
3,545 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 24, 2019

Current estimated payment $6,132/month

103 Days on Market

Highlights

  • 42.99 Acre Lot
  • Attic
  • Stainless Steel Appliances
  • French Provincial Architecture
  • Granite Countertops
  • Detached Garage

About This Home

As of June 2019

Exquisite Equestrian Estate! Located on 42.99 Meticulously maintained acres, a 1/4 mile of new winding limestone driveway lined with 100+year old camellias and azaleas!. Property offers private residence, 50X60 workshop w/1000sq ft apartment, 6 stall barn, 2 run in sheds, arena, 2 ponds, your own private creek (Simalusa Creek). Endless riding trails running around the perimeter of the property. House boasts an open flowing floor plan, luxurious master suite, a comfortable family room and gourmet kitchen.

Last Agent to Sell the Property

Charlotte Miller

Smith & Core, Inc. License #000022549 Listed on: 02/10/2019

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Remodeled

Lot Details

  • 42.99 Acre Lot
  • Lot Dimensions are 811 x 1486
  • Property is in excellent condition

Parking

  • Detached Garage

Home Design

  • French Provincial Architecture
  • Raised Foundation
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,545 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heat Pump System
  • Treatment Plant
  • High-Efficiency Water Heater

Additional Features

  • Accessibility Features
  • Outside City Limits
  • Pasture

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7043518648HIGHWAY40HY

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Remodeled

Lot Details

42.99 Acres

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 42.99
  • Lot Size: 811 x 1486
  • Subdivision Name: Not a Subdivision
  • Directions: North on Lee Rd (Hwy 437) Left at Barkers Corner, GO 1.6 Miles, House on the Left
  • Architectural Style: French/Provincial
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Appliances, HVAC, Insulation, Water Heater, Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 4
  • Year Built: 2015
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, ENERGY STAR Qualified Appliances
  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Attic, Ceiling Fan(s), Granite Counters, Pull Down Attic Stairs, Stainless Steel Appliances
  • Living Area: 3545.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Acreage, Outside City Limits, Pasture
  • Home Warranty: No
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Raised, Slab
  • Other Structures: Apartment
  • Property Condition: Excellent, Updated/Remodeled, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Detached

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Heat Pump, 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Treatment Plant
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7043518648HIGHWAY40HY
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2019
Closed on
Jun 24, 2019
Sold by
Schultz Michael J and Schultz Kimberly B
Bought by
Mehdi Valiolahi and Valiolahi Naomi S
Seller's Agent
Charlotte Miller
Smith & Core, Inc.
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$1,495,000
Current Estimated Value
$1,048,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Original Mortgage
$850,000
Outstanding Balance
$739,524
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$308,989
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
Mehdi Valiolahi $1,250,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehdi Valiolahi $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold -- -- --
05/25/2019 05/25/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $1,495,000 -- $422 / Sq Ft
Source: ROAM MLS

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 $8,769 $79,244 $3,280 $75,964
2024 $8,769 $71,583 $3,280 $68,303
2023 $8,179 $77,028 $3,449 $73,579
2022 $957,522 $77,028 $3,449 $73,579
2021 $9,521 $77,028 $3,449 $73,579
2020 $12,676 $98,171 $23,500 $74,671
2019 $3,854 $28,640 $1,717 $26,923
2018 $3,858 $28,122 $1,199 $26,923
2017 $3,915 $28,122 $1,199 $26,923
2016 $3,931 $28,122 $1,199 $26,923
2015 $2,881 $27,178 $1,165 $26,013
2014 $2,849 $27,178 $1,165 $26,013
2013 -- $27,178 $1,165 $26,013
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Charlotte Miller

    Smith & Core, Inc.

    (985) 502-0955

    10 Total Sales

    Charlotte Miller
    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    NON-MLS MEMBER

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Map

Source: ROAM MLS

MLS Number: 2190718

APN: 118622

Louisiana St Tammany Parish Covington 70435

18648 Highway 40, Covington, LA

Not Listed for Sale

Detached

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