NOT LISTED FOR SALE

225 Pear St Covington, LA 70433

Estimated Value: $255,000 - $340,000

8 Beds
4 Baths
3,520 Sq Ft
$84/Sq Ft Est. Value

About This Home

Solid investment opportunity just south of I-12 off of Hwy 190 making access to Covington and Mandeville a breeze. Located very close Lakeview/LCMC Hospital and also in the Mandeville School District. This income-producing duplex features two units, each with 2 bedrooms and 1 full bath, no carpet, wood-burning fireplace, plus washer/dryer and refrigerator included. Both units are currently tenant-occupied with tenants who wish to remain. Optimal for an owner-occupant investor—live in one side and let rental income from the other offset your mortgage. A dependable property with strong rental potential in a desirable location. Please do not disturb tenants or enter the property without a confirmed appointment. All showings must be scheduled in advance.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Matbar Global Investments Llc
Bought by
Dischler Nicholas Franz and Dischler Nicholas Franz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Outstanding Balance
$131,572
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$162,465
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dischler Nicholas Franz $185,000 Crescent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dischler Nicholas Franz $157,250
Previous Owner Matbar Global Investments Llc $170,000
Previous Owner Lacoste Gary Vincent $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 For Sale $275,000 0.0% $156 / Sq Ft
06/25/2025 06/25/25 For Sale $275,000 -- $156 / Sq Ft

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 $1,328 $18,178 $2,678 $15,500
2023 $1,328 $16,073 $2,678 $13,395
2022 $113,635 $16,073 $2,678 $13,395
2021 $1,134 $16,073 $2,678 $13,395
2020 $1,133 $16,073 $2,678 $13,395
2019 $2,139 $15,605 $2,600 $13,005
2018 $2,142 $15,605 $2,600 $13,005
2017 $2,162 $15,605 $2,600 $13,005
2016 $2,179 $15,605 $2,600 $13,005
2015 $2,058 $14,342 $2,600 $11,742
2014 $2,036 $14,342 $2,600 $11,742
2013 -- $14,342 $2,600 $11,742
Source: Public Records

Agents Affiliated with this Home

  • Katherine Modeen

    Seller's Agent in 2025

    Katherine Modeen

    McEnery Residential, LLC

    (985) 966-2715

    173 Total Sales

    Katherine Modeen
    Section Image
  • Melody Barousse

    Seller Co-Listing Agent in 2025

    Melody Barousse

    McEnery Residential, LLC

    (985) 630-5774

    104 Total Sales

    Melody Barousse
    Section Image
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Map

Louisiana St Tammany Parish Covington 70433

225 Pear St, Covington, LA

This home is located at 225 Pear St, Covington, LA 70433 and is currently estimated at $294,037, approximately $83 per square foot. 225 Pear St is a home located in St. Tammany Parish with nearby schools including Marigny Elementary School, Lake Harbor Middle School, and Magnolia Trace Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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