NOT LISTED FOR SALE

207 E Gibson St Covington, LA 70433

Estimated Value: $619,530

Studio
-- Bath
2,785 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 03, 2019

Current estimated payment $3,714/month

42 Days on Market

Highlights

  • Rectangular Lot
  • Historic Home
  • 3-minute walk to Tammany Trace - Covington Trailhead
  • Wood Siding
  • Property has 1 Level

About This Home

As of May 2019

Wonderful opportunity for prime commercial office building in the heart of downtown Covington. A large covered front porch welcomes clients into this registered historic building. Currently has 6 offices with plenty of built in storage units, a kitchen, library, conference room, reception area, screened in back deck, carport, as well as, off street parking. Also available for lease for $3000.00 a month.

Last Agent to Sell the Property

Steve Scoggin

Scoggin Properties, Inc. License #000011318 Listed on: 02/19/2019

Last Buyer's Agent

Lanie Roberts

United Real Estate Partners License #000013941

Property Details

Property Type

  • Other

Year Built

  • Built in 1907

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 61 x 120
  • Rectangular Lot
  • Historic Home
  • Zoning described as Com

Home Design

  • Mixed Use
  • Wood Siding

Interior Spaces

  • 2,785 Sq Ft Home
  • Property has 1 Level

Parking

  • Carport
  • Off-Street Parking

Location

  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 70433207EGibsonST2

Property Details

Property Type

Other

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 0.16
  • Lot Size: 61 x 120
  • Co List Office Mls Id: SCOG01
  • Co List Office Phone: (985) 867-8670
  • Subdivision Name: Not a Subdivision
  • Architectural Style: Historic/Antique
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Mixed Use, Office, Retail
  • Year Built Details: 101
  • Year Built: 1907
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1
  • Year Built: 1907

Interior Features

  • Living Area: 2785.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Covered, Carport, Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70433207EGibsonST2
  • Zoning Description: Com
  • Zoning: Com
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 3, 2019
Sold by
Magee William M and Magee Karen J
Bought by
207 E Gibson St Llc
Seller's Agent
Steve Scoggin
Scoggin Properties, Inc.
Buyer's Agent
Lanie Roberts
United Real Estate Partners
List Price
$498,000
Current Estimated Value
$619,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$300,000
Outstanding Balance
$262,684
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$356,846
Source: Public Records
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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
207 E Gibson St Llc $455,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 207 E Gibson St Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold -- -- --
04/03/2019 04/03/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $498,000 -- $179 / 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 $6,066 $46,838 $0 $46,838
2023 $6,321 $57,638 $10,800 $46,838
2022 $682,203 $57,638 $10,800 $46,838
2021 $6,812 $57,638 $10,800 $46,838
2020 $6,831 $57,638 $10,800 $46,838
2019 $4,669 $37,839 $6,270 $31,569
2018 $4,675 $37,839 $6,270 $31,569
2017 $4,721 $37,839 $6,270 $31,569
2016 $4,743 $37,839 $6,270 $31,569
2015 $4,658 $36,210 $6,000 $30,210
2014 $4,613 $36,210 $6,000 $30,210
2013 -- $36,210 $6,000 $30,210
Source: Public Records

Agents Affiliated with this Home

  • Steve Scoggin

    Seller's Agent in 2019

    Steve Scoggin

    Scoggin Properties, Inc.

    (985) 373-0019

    24 in this area

    97 Total Sales

    Steve Scoggin
    Section Image
  • Lanie Roberts

    Buyer's Agent in 2019

    Lanie Roberts

    United Real Estate Partners

    (985) 801-4513

    6 in this area

    13 Total Sales

    Lanie Roberts
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2191157

APN: 18887

Louisiana St Tammany Parish Covington 70433

207 E Gibson St, Covington, LA

Not Listed for Sale

Other

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