NOT LISTED FOR SALE

400 River Highlands Blvd Covington, LA 70433

Estimated Value: $312,000

-- Bed
2 Baths
1,497 Sq Ft
$208/Sq Ft Est. Value

Highlights

  • Accessibility Features
  • Central Heating and Cooling System
  • Rectangular Lot
  • Lake Harbor Middle School Rated A
  • Property is in excellent condition

About This Home

As of October 2013

Retail center is next to Casa Garcia's Restaurant. Plenty of parking. Minutes from I-12 and downtown Covington. Other tenants in center: Covington Health Club, Leslie's Pool and Lab Trust. $15.00/sf plus 3.75/sf NNN.

Last Agent to Rent the Property

Tiffany McMath Hymel

Southern Properties Real Estate LLC License #000023525 Listed on: 04/11/2013

Last Renter's Agent

Tiffany McMath Hymel

Southern Properties Real Estate LLC License #000023525 Listed on: 04/11/2013

Property Details

Property Type

  • Other

Year Built

  • 2014

Lot Details

  • Rectangular Lot
  • Property is in excellent condition
  • Zoning described as HC3

Parking

  • Parking Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 2 Bathrooms
  • 1,497 Sq Ft Home
  • 1-Story Property

Additional Features

  • Accessibility Features
  • Outside City Limits
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,500
  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 704733400RIVERHIGHLANDSBL

Community Details

Overview

  • Not A Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Property Type

Other

Year Built

2014

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 1500.0

Listing Details

  • Property Sub Type: Retail
  • Prop. Type: Commercial Lease
  • Subdivision Name: Not a Subdivision
  • Directions: HWY 190 N TURN LEFT @ LIGHT-RIVER HIGHLANDS BLVD/HARRISON AVE
  • Year Built Details: 3
  • Property Sub Type Additional: Retail
  • Special Features: None
  • Year Built (Public Record): 2014

Interior Features

  • Accessibility Features: Accessibility Features
  • Half Bathrooms: 2
  • Living Area: 1497.0
  • Stories: 1

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Pool Features: None
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No, Pet Restrictions

Lot Info

  • Parcel #: 704733400RIVERHIGHLANDSBL
  • Zoning Description: HC3
  • Zoning: HC3
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 1497.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2013
Sold by
River Highlands And Development Llc
Bought by
River Highlands Properties Llc
Current Estimated Value
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$1,769,615
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
River Highlands Properties Llc $5,000,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Highlands Properties Llc $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Rented $1,621 -13.4% --
09/25/2013 09/25/13 Under Contract -- -- --
04/11/2013 04/11/13 For Rent $1,871 -- --
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 $67,891 $429,111 $0 $429,111
2023 $75,509 $605,039 $175,928 $429,111
2022 $7,550,887 $605,039 $175,928 $429,111
2021 $75,358 $605,039 $175,928 $429,111
2020 $75,255 $605,039 $175,928 $429,111
2019 $76,449 $593,597 $167,932 $425,665
2018 $77,191 $593,597 $167,932 $425,665
2017 $76,826 $586,365 $160,700 $425,665
2016 $90,177 $685,181 $167,932 $517,249
2015 $57,479 $428,055 $160,700 $267,355
2014 $56,918 $428,055 $160,700 $267,355
2013 -- $268,054 $40,167 $227,887
Source: Public Records

Agents Affiliated with this Home

  • Tiffany McMath Hymel

    Landlord's Agent in 2013

    Tiffany McMath Hymel

    Southern Properties Real Estate LLC

    (985) 960-1492

    11 in this area

    25 Total Sales

    Tiffany McMath Hymel
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Map

Source: ROAM MLS

MLS Number: 947829

APN: 33021

Louisiana St Tammany Parish Covington 70433

400 River Highlands Blvd, Covington, LA

Not Listed for Sale

Other

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