$272,584
RENTED OCT 25, 2024

403 N Jefferson Ave Covington, LA 70433

-- Bed
-- Bath
1,350 Sq Ft
$202 Price per Sq Ft

Highlights

  • Stone Countertops
  • Accessibility Features
  • Ceiling Fan
  • Covington Elementary School Rated A-
  • Central Heating and Cooling System
  • 4-minute walk to Tammany Trace - Covington Trailhead

About This Home

As of October 2024

Quintessential Covington cottage with great street visibility & boasting great location! Beautiful wood floors & ambience! This quaint cottage is just the right size & is full of charm. Whether a small firm or several individual tenants, there are 3 separate offices, a work area, kitchenette, main room for secretary and reception or additional desk cubicles. Very versatile. Additional storage. Walk to Courthouse or next door to Covington City Hall, or any of the local eateries. Off-street parking +covered carport parking + additional storage area off carport.
3 yr term w/annual 3% adjustments years 2 & 3. Lessor pays property tax & building insurance and cuts grass. Lessee pays only electricity & water/sewer/trash + telecommunications.

Last Agent to Rent the Property

Beverly Hobbs Shea

High Road Properties, Inc. License #000010655 Listed on: 03/16/2024

Last Renter's Agent

Beverly Hobbs Shea

High Road Properties, Inc. License #000010655 Listed on: 03/16/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1921

Lot Details

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

Home Design

  • Raised Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stone Countertops

Parking

  • 3 Parking Spaces
  • Carport
  • Off-Street Parking

Additional Features

  • Accessibility Features
  • City Lot
  • Central Heating and Cooling System

Community Details

  • Covington Subdivision

Listing and Financial Details

  • Security Deposit $2,475
  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 70433403NJeffersonAV

Property Details

Property Type

Other

Est. Annual Taxes

$2,289

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service
  • Security Deposit: 2475.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Subdivision Name: Covington
  • Directions: From Boston St, turn north on N Jefferson -- is next door to Covington City Hall on west side of street
  • Carport Y N: Yes
  • Year Built: 1921
  • Property Sub Type Additional: Office
  • Special Features: None

Interior Features

  • Owner Pays: Insurance, Taxes
  • Accessibility Features: Accessibility Features
  • Interior Amenities: Ceiling Fan(s), Stone Counters
  • Living Area: 1350.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Foundation Details: Raised
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: Carport, Off Street, Three or more Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70433403NJeffersonAV
  • Zoning Description: com
  • Zoning: com
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2019
Sold by
Dominguez Chotto Lisa and Chotto Max M
Bought by
Thehessa Group Llc
Current Estimated Value
$272,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Outstanding Balance
$184,797
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$87,787

Purchase Details

Closed on
Dec 19, 2011
Sold by
Watson Kristin Cuadrado and Watson Jeremiah B
Bought by
Chotto Max M and Chotto Lisa Dominguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
18%
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
Thehessa Group Llc $211,000 Winters Title
Chotto Max M $180,000 Crescent Title Wb Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thehessa Group Llc $211,000
Previous Owner Chotto Max M $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Rented $2,475 0.0% --
09/09/2024 09/09/24 Price Changed $2,475 -1.0% $2 / Sq Ft
03/19/2024 03/19/24 For Rent $2,500 +11.1% --
03/24/2020 03/24/20 Rented $2,250 -2.2% --
02/23/2020 02/23/20 Under Contract -- -- --
02/11/2020 02/11/20 For Rent $2,300 -- --
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 $2,289 $13,850 $0 $13,850
2023 $2,289 $20,870 $7,020 $13,850
2022 $247,018 $20,870 $7,020 $13,850
2021 $2,466 $20,870 $7,020 $13,850
2020 $2,473 $20,870 $7,020 $13,850
2019 $2,514 $20,371 $5,330 $15,041
2018 $2,517 $20,371 $5,330 $15,041
2017 $2,541 $20,371 $5,330 $15,041
2016 $2,553 $20,371 $5,330 $15,041
2015 $2,508 $19,493 $5,100 $14,393
2014 $2,483 $19,493 $5,100 $14,393
2013 -- $19,493 $5,100 $14,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2439376

APN: 20759