NOT LISTED FOR SALE

Estimated Value: $594,117

Studio
-- Bath
2,546 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2018

Current estimated payment $4,057 / mo

Highlights

  • Central Heating and Cooling System
  • Rectangular Lot
  • 1-minute walk to Tammany Trace - Covington Trailhead
  • Property is in excellent condition

About This Home

As of July 2020

Beautiful office building in Historic Downtown Covington located on the corner of E Gibson and N New Hampshire just 2 blocks from the St. Tammany Justice Center and across street from Tammany Trace Covington Trailhead. Office space is located on the second floor and has just been gutted and refinished with open, modern finishes. Space consists of 5 private offices, conference room, open work area, break room, marketing/copy room and reception area.
Rent is $19.75/sf Base and $3.24 NNN.

Last Agent to Rent the Property

Tiffany McMath Hymel

Southern Properties Real Estate LLC License #000023525 Listed on: 12/17/2019

Last Renter's Agent

Tiffany McMath Hymel

Southern Properties Real Estate LLC License #000023525 Listed on: 12/17/2019

Property Details

Property Type

  • Other

Year Built

  • Built in 2019

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,546 Sq Ft Home
  • 2-Story Property

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 70433404EGibsonST

Property Details

Property Type

Other

Year Built

Built in 2019

Lot Details

9,670 Sq Ft Lot

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service
  • Security Deposit: 2000.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Subdivision Name: Not a Subdivision
  • Year Built Details: 30
  • Year Built: 2019
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Office
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Owner Pays: Insurance, Taxes
  • Living Area: 2546.0
  • Stories: 2
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70433404EGibsonST
  • Zoning Description: CBD
  • Zoning: CBD
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 2546.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Nov 1, 2018
Sold by
Bought by
Seller's Agent
Steve Scoggin
Scoggin Properties, Inc.
Buyer's Agent
Tiffany McMath Hymel
Southern Properties Real Estate LLC
List Price
$755,000
Current Estimated Value
$594,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.81%
Original Mortgage
$629,000
Interest Rate
0.047%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0505%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 Fidelity National Title
$272,306 Estates Title Louisiana Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $629,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2020 07/01/20 Rented $3,997 -18.0% --
06/01/2020 06/01/20 Under Contract -- -- --
12/17/2019 12/17/19 For Rent $4,877 0.0% --
11/01/2018 11/01/18 Sold -- -- -- View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $755,000 -- $138 / Sq Ft
Source: ROAM MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,836 $79,944 $0 $79,944
2024 $9,836 $79,944 $0 $79,944
2023 $10,249 $93,457 $13,513 $79,944
2022 $1,106,158 $93,457 $13,513 $79,944
2021 $11,045 $93,457 $13,513 $79,944
2020 $11,076 $93,457 $13,513 $79,944
2019 $11,258 $91,236 $13,513 $77,723
2018 $8,842 $71,572 $7,085 $64,487
2017 $8,929 $71,572 $7,085 $64,487
2016 $8,972 $71,572 $7,085 $64,487
2015 $8,811 $68,490 $6,780 $61,710
2014 $8,725 $68,490 $6,780 $61,710
2013 -- $68,490 $6,780 $61,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2234537

APN: 18131

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