NOT LISTED FOR SALE

516 N Jefferson Ave Covington, LA 70433

Estimated Value: $235,000 - $525,133

-- Bed
-- Bath
16,800 Sq Ft
$23/Sq Ft Est. Value

Last Sold June 15, 2018

Current estimated payment $2,137/month

217 Days on Market

About This Home

As of June 2018

REDUCED! $25 PSF LOCATION, LOCATION, LOCATION! Prime real estate corner directly across street from the St Tammany Justice Center (Courthouse). Large metal building not used in pricing, land value only. Business will be relocating and is not for sale. Excellent site for office, restaurant or retail. In City Historical District.

Last Agent to Sell the Property

Elizabeth Eustis

KPG Realty, LLC License #000042810 Listed on: 10/10/2017

Co-Listed By

Jeri Creson

Refresh Southcoast Realty LLC License #995689629

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,466

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 146 x120x131x120
  • Corner Lot
  • Zoning described as CBA

Parking

  • Parking Lot

Additional Features

  • 16,800 Sq Ft Home
  • City Lot

Community Details

  • Covington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70433516NJEFFERSONAV999

Property Details

Property Type

Other

Est. Annual Taxes

$1,466

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size Acres: 0.38
  • Lot Size: 146 x120x131x120
  • Co List Office Mls Id: JCRES01
  • Co List Office Phone: (818) 448-1298
  • Subdivision Name: Covington
  • New Construction: No
  • Structure Type: Office, Retail
  • Year Built Details: 50
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 70433516NJEFFERSONAV999
  • Zoning Description: CBA
  • Zoning: CBA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Jun 15, 2018
Sold by
516 North Jefferson Llc
Bought by
Case Perfomance Properties Llc
Seller's Agent
Elizabeth Eustis
KPG Realty, LLC
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$437,000
Current Estimated Value
$380,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.18%
Original Mortgage
$60,000,000
Outstanding Balance
$52,006,108
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
-$51,626,041
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Case Perfomance Properties Llc $385,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Case Perfomance Properties Llc $60,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold -- -- --
05/16/2018 05/16/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $437,000 -- $26 / 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 $1,466 $13,368 $0 $0
2023 $1,466 $13,368 $13,368 $0
2022 $158,224 $13,368 $13,368 $0
2021 $1,580 $13,368 $13,368 $0
2020 $1,584 $13,368 $13,368 $0
2019 $1,534 $12,436 $12,436 $0
2018 $2,490 $20,158 $12,436 $7,722
2017 $2,558 $20,503 $12,436 $8,067
2016 $2,570 $20,503 $12,436 $8,067
2015 $2,524 $19,620 $11,900 $7,720
2014 $2,499 $19,620 $11,900 $7,720
2013 -- $19,620 $11,900 $7,720
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elizabeth Eustis

    KPG Realty, LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jeri Creson

    Refresh Southcoast Realty LLC

    (818) 488-1298

    2 in this area

    4 Total Sales

    Jeri Creson
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 2127655

APN: 18332

Louisiana St Tammany Parish Covington 70433

516 N Jefferson Ave, Covington, LA

This home is located at 516 N Jefferson Ave, Covington, LA 70433 since 10 October 2017 and is currently estimated at $380,067, approximately $22 per square foot. 516 N Jefferson Ave is a home located in St. Tammany Parish with nearby schools including E. E. Lyon Elementary School, William Pitcher Junior High School, and Pine View Middle School.

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