Landlord's Agent in 2020
Tiffany McMath Hymel
Southern Properties Real Estate LLC
(985) 960-1492
9 in this area
20 Total Sales
404 E Gibson St Covington, LA 70433
Estimated Value: $586,014
Studio
--
Bath
2,546
Sq Ft
$230/Sq Ft
Est. Value
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 2020Beautiful 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
Southern Properties Real Estate LLC License #000023525 Listed on: 12/17/2019
Last Renter's Agent
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2018
Closed on
Nov 1, 2018
Sold by
Branscome Farmer Marion and Farmer Pamela Buckley
Bought by
Mcmath Patrick M and Mcmath Don A
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.07%
Original Mortgage
$629,000
Outstanding Balance
$546,403
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$39,611
Purchase Details
Closed on
Oct 29, 2009
Sold by
Burns Mary Duea and Burns Roy K
Bought by
Farmer Pamela B and Farmer Marion B
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
5.05%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmath Patrick M | $740,000 | Fidelity National Title | |
| Farmer Pamela B | $272,306 | Estates Title Louisiana Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmath Patrick M | $629,000 | |
| Previous Owner | Farmer Pamela B | $400,000 |
Source: Public Records
Property History
| 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
| 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
-
Tiffany McMath Hymel
-
Steve Scoggin
Seller's Agent in 2018
Steve Scoggin
Scoggin Properties, Inc.
(985) 373-0019
24 in this area
95 Total Sales
Map
Source: ROAM MLS
MLS Number: 2234537
APN: 18131
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