NOT LISTED FOR SALE

19500 Helenbirg Rd Covington, LA 70433

Estimated Value: $438,000 - $1,152,000

-- Bed
-- Bath
5,600 Sq Ft
2.46 Acres

Last Sold September 17, 2020

Current estimated payment $5,299/month

5 Days on Market

About This Home

As of September 2020

100% Leased - Quality office building in the Preserve Office Park near I-12 and Hwy 190. Easy access to I-12, the Causeway, Covington, and Mandeville. Four suites of 1400 SF each, with the bottom floor occupied by Best Buy on a new 3-year lease. Two upstairs suites with 2+ and 3 years remaining on leases. NOI of 73k. Brochure with all expenses attached. Please do not disturb tenants.

Last Agent to Sell the Property

NON MEMBER

NON-MLS MEMBER Listed on: 09/12/2020

Last Buyer's Agent

Laurie Thompson

Green Star Realty, LLC License #995695439

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 2011

Lot Details

  • 2.46

Home Design

  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • Property has 2 Levels
  • Water Views

Parking

  • 3 Parking Spaces
  • Parking Lot

Additional Features

  • The community has rules related to zoning restrictions
  • Outside City Limits

Community Details

  • Not A Subdivision
  • Common Area

Listing and Financial Details

  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 7043319500HELENBERGRD

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,924

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Lot Size: %
  • Co List Office Mls Id: KELW01
  • Subdivision Name: Not a Subdivision
  • Directions: North on Hwy 190, Pass I-12, Rt at light onto the service Rd. Left on Helenberg, Property on Rt
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Office
  • Year Built Details: 8
  • Year Built: 2011
  • Special Features: None
  • Stories: 2
  • Year Built: 2011

Interior Features

  • Owner Pays: Insurance, Taxes
  • Living Area: 5600.0

Exterior Features

  • Lot Features: Outside City Limits
  • View: Water
  • View: Yes
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Parking Lot, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 7043319500HELENBERGRD
  • Zoning Description: PBC-1
  • Zoning: PBC-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service

Multi Family

  • Annual Gross Income: 100288.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Oct 13, 2020
Sold by
Richdale Properties Llc
Bought by
Cummins Properties Llc
Seller's Agent
NON MEMBER
NON-MLS MEMBER
Buyer's Agent
Laurie Thompson
Green Star Realty, LLC
List Price
$805,000
Current Estimated Value
$945,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$603,750
Outstanding Balance
$536,025
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$409,217
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
Cummins Properties Llc $805,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins Properties Llc $603,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold -- -- --
09/12/2020 09/12/20 For Sale $805,000 0.0% $144 / Sq Ft
08/22/2019 08/22/19 Rented $1,800 +10.2% --
07/23/2019 07/23/19 Under Contract -- -- --
12/08/2018 12/08/18 For Rent $1,633 -- --
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 $3,924 $31,804 $31,804 $0
2023 $3,924 $31,804 $31,804 $0
2022 $396,913 $31,804 $31,804 $0
2021 $3,961 $31,804 $31,804 $0
2020 $3,956 $31,804 $31,804 $0
2019 $4,096 $31,804 $31,804 $0
2018 $4,136 $31,799 $31,799 $0
2016 $11,907 $90,475 $90,475 $0
2015 $11,626 $86,579 $86,579 $0
2014 $11,512 $86,579 $86,579 $0
2013 -- $86,579 $86,579 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    NON MEMBER

    NON-MLS MEMBER

  • Laurie Thompson

    Buyer's Agent in 2020

    Laurie Thompson

    Green Star Realty, LLC

    (504) 909-3955

    14 in this area

    24 Total Sales

    Laurie Thompson
    Section Image
  • Brent Cordell

    Seller's Agent in 2019

    Brent Cordell

    KPG Realty, LLC

    (985) 373-6417

    49 in this area

    158 Total Sales

    Brent Cordell
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Elizabeth Eustis

    KPG Realty, LLC

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2273515

APN: 33484

Louisiana St Tammany Parish Covington 70433

19500 Helenbirg Rd, Covington, LA

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