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 $6,181/month

89 Days on Market

Highlights

  • 42.99 Acre Lot
  • Full Attic
  • Stainless Steel Appliances
  • French Country 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 #NOM:000022549 Listed on: 02/10/2019

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER License #NOM

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 Country Architecture
  • Raised Foundation
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3,545 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter

Kitchen

  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Attic

  • Full Attic
  • Multiple Attics

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Utilities

  • Two cooling system units
  • SEER Rated 16+ Air Conditioning Units
  • Two Heating Systems
  • Heat Pump System
  • Propane
  • Treatment Plant
  • ENERGY STAR Qualified Water Heater
  • Internet Available

Additional Features

  • Enhanced Accessible Features
  • 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

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: French Country
  • Condition: Excellent
  • Assessor Parcel Number: Yes
  • ADA Features: Yes
  • Additional Features: Ceiling Fan, Granite Counters, Multiple Attics, Pull Down Attic Stairs, Security System, Smoke Alarm, Stainless Steel Appliances
  • Legal Description: SEC 21 T5S R11E
  • Lp Amt Sq Ft: 421.72
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Total Area: 8783
  • Year Renovated: 2015
  • Age: 4
  • Age Description: Resale
  • Age Description 2: Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Fireplace: Wood w/Gas Starter
  • Appliance Include: Disposal, Dishwasher, Ice Maker, Microwave, Oven, Refrigerator, Range/Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Estimated Living Area: 3545
  • Total Bathrooms: 4.00
  • Total Sq Ft: 3545

Exterior Features

  • Exterior: Stucco, Vinyl Siding
  • Foundation: Raised, Slab
  • Rear Yard Vehicle Access: Yes
  • Roof Type: Metal
  • Spa Location: None

Garage/Parking

  • Car Storage: Detached
  • Internet: Yes

Utilities

  • Air Conditioner: Two, Heat Pump
  • Electricity Provided By: Wst
  • Gas Type: Propane
  • Heating: Two
  • Sewer Type: Treatment Plant
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: No

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 42.9900
  • Elevation Certificate: Yes
  • Lot Description: 20+ Acres, Pasture
  • Lot Size: 811 x 1486
  • Parcel #: 7043518648HIGHWAY40HY

Green Features

  • Energy Efficient Features: Energy Star Appliances, HVAC 16Seer+, Water Heater, Insulation, Windows
  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

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
-2.63%
Original Mortgage
$850,000
Outstanding Balance
$745,843
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$302,670
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold -- -- --
05/10/2019 05/10/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $1,495,000 -- $422 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $8,769 $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

See All Agents

Map

Source: Gulf South Real Estate Information Network

MLS Number: 2190718

Gulf South Real Estate Information Network

APN: 118622

Louisiana St Tammany Parish Covington 70435

18648 Highway 40, Covington, LA

Not Listed for Sale

Detached

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