NOT LISTED FOR SALE

2198 Philip Dr Covington, LA 70433

Estimated Value: $607,000

-- Bed
-- Bath
3,200 Sq Ft
$190/Sq Ft Est. Value

Highlights

  • Oversized Lot
  • Accessibility Features
  • Property is in excellent condition
  • Covington Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of March 2021

Heavy Duty Building built in 2012 with Two (2) 14' Roll Up Doors; Mezzanine Area Over Office; Air Compressor Hoses Throughout; Fenced Lay Down Yard; 2 Offices, Kitchen & Waiting Area. Zoned CR-Regional Commercial District. Lease does not include smaller rear storage building and yard behind it.

Last Agent to Rent the Property

Steve Scoggin

Scoggin Properties, Inc. License #000011318 Listed on: 03/03/2021

Last Renter's Agent

Roger Mitchell

Watermark Realty, LLC License #995687762

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,308

Year Built

  • Built in 2012

Lot Details

  • Fenced
  • Oversized Lot
  • Property is in excellent condition
  • Zoning described as CR

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Cooktop
  • Microwave

Utilities

  • Central Heating and Cooling System
  • Well

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for all utilities, janitorial service
  • Assessor Parcel Number 704332198PhilipDR

Property Details

Property Type

Other

Est. Annual Taxes

$4,308

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service
  • Security Deposit: 3000.0

Listing Details

  • Property Sub Type: Warehouse
  • Prop. Type: Commercial Lease
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 25 to Ronald Reagan Hwy to Philip Dr. End of the road
  • Year Built Details: 9
  • Year Built: 2012
  • Property Sub Type Additional: Warehouse
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Appliances: Cooktop, Microwave, Oven
  • Accessibility Features: Accessibility Features
  • Living Area: 3200.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Construction Type: Metal Siding
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Treatment Plant
  • Water Source: Well

Lot Info

  • Parcel #: 704332198PhilipDR
  • Zoning Description: CR
  • Zoning: CR
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 3200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Dmjm Land Llc
Bought by
Baudoin Properties Llc
Current Estimated Value
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2012
Sold by
Adams Anne Herbert
Bought by
Comichael K Dmjm Land Llc and Senner Id
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
Baudoin Properties Llc $850,000 None Listed On Document
Comichael K Dmjm Land Llc $210,000 Select Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baudoin Properties Llc $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 For Rent $3,000 -5.1% --
03/03/2021 03/03/21 Rented $3,160 -- --
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 $4,308 $20,952 $0 $20,952
2023 $4,308 $39,284 $18,332 $20,952
2022 $464,964 $39,284 $18,332 $20,952
2021 $4,643 $39,284 $18,332 $20,952
2020 $4,656 $39,284 $18,332 $20,952
2019 $5,158 $41,799 $20,847 $20,952
2018 $5,164 $41,799 $20,847 $20,952
2017 $2,679 $21,474 $20,847 $627
2016 $2,692 $21,474 $20,847 $627
2015 $2,644 $20,550 $19,950 $600
2014 $2,618 $20,550 $19,950 $600
2013 -- $20,550 $19,950 $600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2288939

APN: 21783