NOT LISTED FOR SALE

513 E Magee St Covington, LA 70433

Estimated Value: $153,000 - $221,000

4 Beds
2 Baths
1,672 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 14, 2018

Current estimated payment $1,059/month

102 Days on Market

Highlights

  • French Provincial Architecture
  • Porch
  • Fenced
  • Oversized Lot
  • Window Unit Cooling System
  • Multiple Heating Units

About This Home

As of March 2018

Wonderful income producing property. Two separate 2 bedroom/1 bathroom homes on one large lot.
All information to be confirmed by buyer.

Last Agent to Sell the Property

Jennifer Rice

Berkshire Hathaway HomeServices Preferred, REALTOR License #000014564 Listed on: 11/01/2017

Berkshire Hathaway HomeServices Preferred, REALTOR

Co-Listed By

EDWARD VILLERE

United Real Estate Partners LLC License #995690856

Last Buyer's Agent

Alex Lacy

NOLA Northshore Real Estate License #995702400

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 75x240
  • Fenced
  • Oversized Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • French Provincial Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lyons Elementary School
  • Pineview Middle School
  • Covington Hig High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units

Additional Features

  • Porch
  • City Lot

Community Details

  • 2 Units
  • Ozone Place Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 7
  • Assessor Parcel Number 70433513-515EMAGEEST7

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size: 75X240
  • Co List Office Mls Id: BENN03
  • Co List Office Phone: (504) 944-3605
  • Subdivision Name: Ozone Place
  • Directions: Lee Rd. to East Magee
  • Architectural Style: French/Provincial
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 50
  • Year Built: 1950
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1672.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Fence, Porch
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Porch
  • Property Condition: Average Condition, Repairs Cosmetic, Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Lyons
  • High School: COVINGTON HIG
  • Middle Or Junior School: PiNEVIEW

Lot Info

  • Parcel #: 70433513-515EMAGEEST7
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 14, 2018
Sold by
Wittich Villere Properties Llc
Bought by
Kate & Lou Llc
Seller's Agent
Jennifer Rice
Berkshire Hathaway HomeServices Preferred, REALTOR
Buyer's Agent
Alex Lacy
NOLA Northshore Real Estate
List Price
$134,000
Current Estimated Value
$181,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$92,000
Outstanding Balance
$78,536
Interest Rate
4.22%
Mortgage Type
Commercial
Estimated Equity
$103,126

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 15, 2014
Sold by
Cole Property Rentals Llc
Bought by
Wittich Villere Properties Llc
Seller's Agent
Mark Brown
United Real Estate Partners LLC
Buyer's Agent
Mark Brown
RE/MAX Northlake Associates
List Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
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

Date Buyer Sale Price Title Company
Kate & Lou Llc $115,000 Allegiance Title
Wittich Villere Properties Llc $70,000 Village Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kate & Lou Llc $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2018 03/14/18 Sold -- -- --
02/12/2018 02/12/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $134,000 +21.8% $80 / Sq Ft
04/15/2014 04/15/14 Sold -- -- -- View Prior Sale
03/16/2014 03/16/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $110,000 -- $65 / 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 $1,310 $12,451 $1,333 $11,118
2023 $1,365 $9,943 $1,333 $8,610
2022 $117,683 $9,943 $1,333 $8,610
2021 $1,175 $9,943 $1,333 $8,610
2020 $1,178 $9,943 $1,333 $8,610
2019 $1,227 $9,943 $1,333 $8,610
2018 $836 $6,768 $1,333 $5,435
2017 $844 $6,768 $1,333 $5,435
2016 $848 $6,768 $1,333 $5,435
2015 $833 $6,476 $1,275 $5,201
2014 $162 $1,275 $1,275 $0
2013 -- $1,275 $1,275 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2130505

APN: 22579