NOT LISTED FOR SALE

2 Magnolia Point Covington, LA 70433

Estimated Value: $1,078,000 - $1,186,424

4 Beds
5.5 Baths
5,197 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 21, 2024

Current estimated payment $7,059/month

164 Days on Market

Highlights

  • Gated Community
  • Stainless Steel Appliances
  • Porch
  • 2.34 Acre Lot
  • Separate Outdoor Workshop
  • 2 Car Attached Garage

About This Home

As of October 2024

Nestled within the gated community of Maple Ridge, this exquisite Italianate-style residence exudes opulence and refinement at every turn. Step into the grandeur of a 17-foot barrel-vaulted foyer adorned with extensive gilded cast-plaster elements, complemented by neoclassical ceiling murals by Judy Merrill. The ambiance is further elevated by a meticulously crafted Carrera Marble fireplace mantle and floors boasting a luxurious combination of travertine, black granite, and Heart of Pine. The master suite offers His & Hers marble baths and antique French Rococo doors, while the chef's kitchen dazzles with Calcutta counters and top-of-the-line professional appliances. With 12' and 14' ceilings, intricately carved Mahogany doors, and elegant columned porticos at both front and rear, this home presents a singular opportunity for those seeking the pinnacle of sophistication and luxury living.

Last Agent to Sell the Property

Jennifer Rice

Berkshire Hathaway HomeServices Preferred, REALTOR License #NOM:000014564 Listed on: 03/25/2024

Berkshire Hathaway HomeServices Preferred, REALTOR

Last Buyer's Agent

Jennifer Rice

Berkshire Hathaway HomeServices Preferred, REALTOR License #NOM:000014564 Listed on: 03/25/2024

Berkshire Hathaway HomeServices Preferred, REALTOR

Home Details

Home Type

  • Single Family

Lot Details

  • 2.34 Acre Lot
  • Lot Dimensions are 285x466x209x430
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 5,197 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace

Kitchen

  • Oven
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Whole House Permanent Generator
  • Internet Available

Community Details

Overview

  • Maple Ridge Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Dwelling Type: Single Family - Detached
  • Style: Other
  • Condition: Excellent
  • Assessor Parcel Number: No
  • ADA Features: No
  • Additional Features: Stainless Steel Appliances, Whole House Generator
  • Legal Description: LOT 47A MAPLE RIDGE SUB INST NO 870604 INST NO 989188 INST NO 1024252 INST NO 1500207
  • Lp Amt Sq Ft: 238.60
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.50000
  • Total Area: 6587
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Gas
  • Appliance Include: Dishwasher, Ice Maker, Oven, Refrigerator, Range/Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Estimated Living Area: 5197
  • Total Bathrooms: 6.00
  • Total Sq Ft: 5197

Exterior Features

  • Exterior: Stucco
  • ExteriorFeatures: Porch, Sprinkler System
  • Foundation: Slab
  • Outbuilding: Workshop
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Two, Attached, Garage
  • Internet: Yes

Utilities

  • Air Conditioner: Three or More, Central
  • Electricity Provided By: Cleco
  • Gas Type: Natural
  • Heating: Three or More, Central
  • Sewer Type: City
  • Water Type: Public

Condo/Co-op/Association

  • Home Owner Fee: Yes
  • HOA Fees: 1700
  • Home Owner Fee Terms: Annual

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 2.3400
  • Elevation Certificate: No
  • Lot Description: 1-5 Acres, Gated Community
  • Lot Size: 285x466x209x430

Green Features

  • 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
Mar 25, 2024
Closed on
Oct 21, 2024
Sold by
Mellin Nancy Ruth and Zimmerman Harry M
Bought by
Saltalamacchia Karen and Saltalamacchia Anthony Jacob
Seller's Agent
Jennifer Rice
Berkshire Hathaway HomeServices Preferred, REALTOR
Buyer's Agent
Jennifer Rice
Berkshire Hathaway HomeServices Preferred, REALTOR
List Price
$1,240,000
Views
33
Current Estimated Value
$1,141,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$350,000
Outstanding Balance
$335,833
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$805,273
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
Saltalamacchia Karen $1,060,000 Title Solution Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltalamacchia Karen $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 For Sale $1,240,000 0.0% $239 / Sq Ft
10/21/2024 10/21/24 Sold -- -- --
09/05/2024 09/05/24 Pending -- -- --
08/02/2024 08/02/24 Off Market -- -- --
03/25/2024 03/25/24 For Sale $1,240,000 -- $239 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $10,978 $89,327 $23,000 $66,327
2023 $9,543 $81,389 $23,000 $58,389
2022 $922,134 $81,389 $23,000 $58,389
2021 $9,203 $81,389 $23,000 $58,389
2020 $9,812 $86,389 $28,000 $58,389
2019 $9,399 $72,977 $14,500 $58,477
2018 $9,482 $72,977 $14,500 $58,477
2017 $10,899 $83,249 $14,630 $68,619
2016 $10,948 $83,249 $14,630 $68,619
2015 $9,690 $79,664 $14,000 $65,664
2014 $9,596 $79,664 $14,000 $65,664
2013 -- $79,664 $14,000 $65,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2437889

Gulf South Real Estate Information Network

APN: 28444