NOT LISTED FOR SALE

18648 Highway 40 Covington, LA 70435

Estimated Value: $681,000 - $1,624,000

4 Beds
3.5 Baths
3,545 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 24, 2019

Current estimated payment $6,162/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

Est. Annual Taxes

  • $8,179

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
  • Heat Pump System
  • 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

Est. Annual Taxes

$8,179

Year Built

Built in 2015 | Remodeled

Lot Details

0

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
$1,033,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$850,000
Outstanding Balance
$748,971
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$284,658
Source: Public Records

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
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 Change Sq Ft Price
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 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 $8,179 $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

    2 in this area

    13 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

This home is located at 18648 Highway 40, Covington, LA 70435 since 10 February 2019 and is currently estimated at $1,033,629, approximately $291 per square foot. This property was built in 2015. 18648 Highway 40 is a home located in St. Tammany Parish with nearby schools including Lee Road Junior High School and Covington High School.

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