NOT LISTED FOR SALE

19317 N 10th St Covington, LA 70433

Estimated Value: $703,790

-- Bed
-- Bath
6,588 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 15, 2019

Current estimated payment $4,582/month

38 Days on Market

About This Home

As of November 2019

High-Visibility Office Building on corner of Highway 190 and N 10th St. in Covington. Building includes 5 suites totaling 6588 SF. Reserved covered parking for each suite plus customer parking in front. Convenient to I-12 and downtown Covington. Owner will owner-finance with 20% down and 4.5% interest rate on a 20-year amortization with 10-year balloon - $2,882.37/month. See attached brochure for other terms of sale and suite breakdown. Current income $3345/month. Total potential income $5545/month.

Last Agent to Sell the Property

Brent Cordell

KPG Realty, LLC License #995690890 Listed on: 09/07/2019

Last Buyer's Agent

Austin Barbin

Thrive Real Estate LLC License #995702378

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,945

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.44 Acre Lot
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as HC-2

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 6,588 Sq Ft Home
  • Property has 2 Levels

Parking

  • Covered Parking
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Outside City Limits
  • Well

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 7043319317N10THST

Property Details

Property Type

Other

Est. Annual Taxes

$7,945

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.44
  • Lot Size: 0.44
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 190 N from Harrison Ave. R on N 10th St. Office building on Left. Colony Square.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office
  • Year Built Details: 35
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1983

Interior Features

  • Possible Use: Medical/Dental
  • Owner Pays: Insurance, Taxes
  • Living Area: 6588.0

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Property Condition: Repairs Cosmetic, Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Covered, Off Street, Parking Lot

Utilities

  • Sewer: Treatment Plant
  • Water Source: Well

Lot Info

  • Parcel #: 7043319317N10THST
  • Zoning Description: HC-2
  • Zoning: HC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service

Multi Family

  • Annual Gross Income: 3345.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2019
Closed on
Nov 15, 2019
Sold by
Tranchina Salvatore
Bought by
Melancon Lance Paul and Melancon Allison Claire
Seller's Agent
Brent Cordell
KPG Realty, LLC
Buyer's Agent
Austin Barbin
Thrive Real Estate LLC
List Price
$569,500
Sold Price
$554,500
Premium/Discount to List
-$15,000
-2.63%
Current Estimated Value
$703,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,290
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Nov 5, 2015
Closed on
Mar 30, 2016
Sold by
Evangeline Oak Llc
Bought by
Tranchina Salvatore
Seller's Agent
Elizabeth Eustis
KPG Realty, LLC
Buyer's Agent
Bryan Pigeon
Nations Real Estate Services LLC
List Price
$650,000
Sold Price
$340,000
Premium/Discount to List
-$310,000
-47.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.42%
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
Melancon Lance Paul $554,500 None Available
Tranchina Salvatore $340,000 Bromac Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evangeline Oak Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold -- -- --
10/16/2019 10/16/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $569,500 -12.4% $86 / Sq Ft
03/30/2016 03/30/16 Sold -- -- --
02/29/2016 02/29/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $650,000 0.0% $103 / Sq Ft
12/12/2012 12/12/12 Rented $800 +6566.7% --
12/12/2012 12/12/12 For Rent $12 -- --
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 $7,945 $36,282 $0 $36,282
2023 $7,945 $63,114 $26,832 $36,282
2022 $845,914 $63,114 $26,832 $36,282
2021 $8,443 $63,114 $26,832 $36,282
2020 $8,433 $63,114 $26,832 $36,282
2019 $5,704 $41,162 $19,160 $22,002
2018 $5,710 $41,162 $19,160 $22,002
2017 $5,751 $41,162 $19,160 $22,002
2016 $5,775 $41,162 $19,160 $22,002
2015 $9,322 $64,950 $19,160 $45,790
2014 $9,221 $64,950 $19,160 $45,790
2013 -- $64,950 $19,160 $45,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2220501

APN: 23970