NOT LISTED FOR SALE

513 E Magee St Covington, LA 70433

Estimated Value: $175,158

4 Beds
2 Baths
1,672 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2018

Current estimated payment $1,038 / mo

100 Days on Market

Highlights

  • Porch
  • Cooling Available
  • 1-Story Property

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

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

Lot Details

  • 18,000 Sq Ft Lot
  • Lot Dimensions are 75 x 240

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 4 Bedrooms
  • 1,672 Sq Ft Home
  • 1-Story Property

Additional Features

  • Porch
  • Cooling Available

Community Details

  • 2 Units
  • Ozone Place Subdivision

Listing and Financial Details

  • Total Actual Rent $1,400
  • Tenant pays for electricity, gas, water
  • Tax Lot 7

Property Details

Home Type

Multi-Family

Lot Details

0.41 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4132
  • Lot Size: 75 x 240
  • Subdivision Name: Ozone Place
  • Directions: Lee Rd. to East Magee Bounding Streets: Collins Blvd/Lee Rd.
  • Building Stories: 1
  • Structure Type: Unit 1(Other), Unit 2(Other)
  • List_136: 90.09157
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Living Area: 1672

Exterior Features

  • Fencing: Other
  • Construction Type: Other
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Porch
  • Roof: Metal

Utilities

  • Cooling: Central Air,Window Unit(s)
  • Cooling Y N: Yes

Lot Info

  • Lot Size Sq Ft: 18000

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 1400

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
$175,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$92,000
Outstanding Balance
$77,833
Interest Rate
4.22%
Mortgage Type
Commercial
Estimated Equity
$103,397

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

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
Kate & Lou Llc $115,000 Allegiance Title
Wittich Villere Properties Llc $70,000 Village Title 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 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 Off Market -- -- --
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: New Orleans Metropolitan Association of REALTORS®

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 $1,310 $12,451 $1,333 $11,118
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

  • Jennifer Rice

    Seller's Agent in 2018

    Jennifer Rice

    Berkshire Hathaway HomeServices Preferred, REALTOR

    (985) 892-1478

    163 in this area

    303 Total Sales

    Jennifer Rice
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    EDWARD VILLERE

    United Real Estate Partners LLC

    (504) 305-4930

    15 in this area

    19 Total Sales

    EDWARD VILLERE
    Section Image
  • Alex Lacy

    Buyer's Agent in 2018

    Alex Lacy

    NOLA Northshore Real Estate

    (985) 807-1117

    13 in this area

    39 Total Sales

    Alex Lacy
    Section Image
  • Mark Brown

    Seller's Agent in 2014

    Mark Brown

    United Real Estate Partners LLC

    (985) 373-3456

    17 in this area

    42 Total Sales

    Mark Brown
    Section Image
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Map

Source: New Orleans Metropolitan Association of REALTORS®

MLS Number: NO2130505

APN: 22579

Louisiana St Tammany Parish Covington 70433

513 E Magee St, Covington, LA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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