NOT LISTED FOR SALE

516 E Rutland St Covington, LA 70433

Estimated Value: $690,744

Studio
-- Bath
1,965 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2021

Current estimated payment $4,177 / mo

Highlights

  • Central Heating and Cooling System
  • Property is in excellent condition
  • 5-minute walk to Tammany Trace - Covington Trailhead
  • Covington Elementary School Rated A-
  • Rectangular Lot

About This Home

As of September 2022

Old Covington Gem! This historic building has 1,965 sf of upscale first floor space available. Can be split into two suites and final configuration can include several private offices, large bullpen area, kitchen, two bathrooms and expansive outdoor patio. Property is in the center of Downtown Covington just a block from the Southern Hotel. Ample Parking in rear of property and in ox lot behind the building. Property is currently under renovation and some tenant specific buildout possible.

Last Agent to Rent the Property

Brent Cordell

KPG Realty, LLC License #995690890 Listed on: 04/26/2022

Last Renter's Agent

Jay Romano

Compass Mandeville (COMP15) License #000013134

Compass Mandeville (COMP15)

Property Details

Property Type

  • Other

Year Built

  • Built in 2022

Lot Details

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

Interior Spaces

  • 1,965 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Parking Lot

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Security Deposit $3,500
  • Tenant pays for all utilities, janitorial service
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 70433516RutlandST

Property Details

Property Type

Other

Year Built

Built in 2022

Lot Details

8,668 Sq Ft Lot

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service
  • Security Deposit: 3500.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Subdivision Name: Not a Subdivision
  • New Construction: No
  • Year Built Details: 100
  • Year Built: 2022
  • Property Sub Type Additional: Office,Retail,Other
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Owner Pays: Insurance, Taxes
  • Living Area: 1965.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Property Condition: Excellent, Resale

Garage/Parking

  • Parking Features: Parking Lot, 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 #: 70433516RutlandST
  • Zoning Description: comm
  • Zoning: comm
  • ResoLotSizeUnits: Acres
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Rented $3,500 0.0% --
08/20/2022 08/20/22 Under Contract -- -- --
04/26/2022 04/26/22 For Rent $3,500 0.0% --
08/06/2021 08/06/21 Sold -- -- -- View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $700,000 -- $156 / 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 $6,178 $46,520 $0 $46,520
2024 $6,178 $46,520 $0 $46,520
2023 $6,438 $58,700 $12,180 $46,520
2022 $694,776 $58,700 $12,180 $46,520
2021 $6,937 $58,700 $12,180 $46,520
2020 $6,957 $58,700 $12,180 $46,520
2019 $7,190 $58,272 $8,030 $50,242
2018 $7,199 $58,272 $8,030 $50,242
2017 $7,270 $58,272 $8,030 $50,242
2016 $7,304 $58,272 $8,030 $50,242
2015 $7,174 $55,762 $7,684 $48,078
2014 $7,104 $55,762 $7,684 $48,078
2013 -- $36,104 $7,684 $28,420
Source: Public Records

Agents Affiliated with this Home

  • Brent Cordell

    Landlord's Agent in 2022

    Brent Cordell

    KPG Realty, LLC

    (985) 373-6417

    44 in this area

    142 Total Sales

    Brent Cordell
    Section Image
  • Jay Romano

    Tenant's Agent in 2022

    Jay Romano

    Compass Mandeville (COMP15)

    18 in this area

    46 Total Sales

    Jay Romano
    Section Image

  • E

    Seller's Agent in 2021

    Elizabeth Eustis

    KPG Realty, LLC

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2342258

APN: 17930

Louisiana St Tammany Parish Covington 70433

516 E Rutland St, Covington, LA

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