NOT LISTED FOR SALE

318 Magnolia Ln Covington, LA 70433

Estimated Value: $464,000 - $587,000

4 Beds
3 Baths
2,625 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 24, 2013

Current estimated payment $3,110/month

38 Days on Market

Highlights

  • Property fronts a bayou
  • French Provincial Architecture
  • Community Pool
  • Pontchartrain Elementary School Rated A
  • Jetted Tub in Primary Bathroom
  • Covered Patio or Porch

About This Home

As of May 2013

Wonderful home on navigatable water w/ bulkhead and pier. Wood floors throughtout, island kitchen w/granite counters plus huge 357 sq ft bonus room(not included in living sq footage) Great as game room, office or man cave. Sunroom off of master. Incredible deck area, overlooking back yard and water. High demand school district. Great Home! Never flooded. Flood insurance $544/year.

Last Agent to Sell the Property

Lynn Larter

United Real Estate Partners License #000028788 Listed on: 03/16/2013

Last Buyer's Agent

Tina Marie Viosca

Real Estate Resource Group LLC

Real Estate Resource Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 100x206
  • Property fronts a bayou
  • Cul-De-Sac
  • Fenced
  • Property is in excellent condition

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • French Provincial Architecture
  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,625 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Outside City Limits

Schools

  • Pontchartrain Elementary School
  • Tchefuncte Middle School
  • Mandeville High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 70433318MAGNOLIALN17

Community Details

Overview

  • Riverwood Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 2007

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 100x206
  • Subdivision Name: Riverwood
  • Architectural Style: French/Provincial
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: 35
  • Year Built: 2007
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Jetted Tub, Cable TV
  • Living Area: 2625.0

Exterior Features

  • Lot Features: Cul-De-Sac, Outside City Limits
  • Pool Features: Community
  • Waterfront Features: Waterfront, Bayou
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Frame
  • Exterior Features: Dock, Fence, Porch
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Wood, Porch
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 160.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Pontchartrain
  • High School: Mandeville
  • Middle Or Junior School: Tchefuncte

Lot Info

  • Parcel #: 70433318MAGNOLIALN17
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2013
Closed on
May 24, 2013
Sold by
Rousseau Michelle Kerry and Rousseau Jeffrey Miller
Bought by
Gilmore Christophor E
Seller's Agent
Lynn Larter
United Real Estate Partners
Buyer's Agent
Tina Marie Viosca
Real Estate Resource Group LLC
List Price
$339,000
Current Estimated Value
$509,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$271,200
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Younger Crystal Defraites and Younger Philip Roy
Bought by
Rousseau Michelle Kerry and Rousseau Jeffrey Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,400
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gilmore Christophor E $339,000 Multiple
Rousseau Michelle Kerry $328,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilmore Christopher R $240,000
Closed Gilmore Christophor E $271,200
Previous Owner Rousseau Michelle Kerry $262,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold -- -- --
04/24/2013 04/24/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $339,000 -- $129 / 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 $3,851 $38,462 $6,000 $32,462
2023 $3,851 $33,871 $6,000 $27,871
2022 $349,545 $33,871 $6,000 $27,871
2021 $3,489 $33,871 $6,000 $27,871
2020 $3,485 $33,871 $6,000 $27,871
2019 $4,346 $31,704 $6,000 $25,704
2018 $4,353 $31,704 $6,000 $25,704
2017 $4,393 $31,704 $6,000 $25,704
2016 $4,428 $31,704 $6,000 $25,704
2015 $3,372 $30,998 $6,000 $24,998
2014 $3,336 $30,998 $6,000 $24,998
2013 -- $29,333 $6,000 $23,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 944972

APN: 35805