NOT LISTED FOR SALE

517 E Rutland St Covington, LA 70433

Saint John Neighborhood

Estimated Value: $601,221

-- Bed
-- Bath
1,750 Sq Ft
$344/Sq Ft Est. Value

Last Sold October 25, 2023

Current estimated payment $3,741/month

231 Days on Market

Highlights

  • Oversized Lot
  • Accessibility Features
  • Historic Home
  • Covington Elementary School Rated A-
  • Wood Siding
  • 4-minute walk to Tammany Trace - Covington Trailhead

About This Home

As of October 2023

Beautiful 1800's building "In the Heart of Covington"available for sale. Excellent investment property. Cypress siding exterior, heart pine floors, 12' ceilings, one bathroom, kitchen area, 3 offices, large open area for seating or retail floor area. Raised structure, on-site parking for approximately 6 cars, on street Parking and rear OxLot parking provides ample parking for most businesses. All measurements included herein are approximate. Walking distance to restaurants, banks, shopping, museums, parks.

Last Agent to Sell the Property

Edward Murphy

Keller Williams Realty Services License #000020357 Listed on: 03/07/2023

Keller Williams Realty Services

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,592

Lot Details

  • Oversized Lot
  • Rectangular Lot
  • Historic Home
  • Zoning described as CO

Home Design

  • Wood Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19968

Property Details

Property Type

Other

Est. Annual Taxes

$4,592

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size: 11,400
  • Subdivision Name: Not a Subdivision
  • Directions: From Boston Street turn on N. New Hampshire to E. Rutland Street, turn left, property is mid block on the left.
  • Architectural Style: Historic/Antique
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Office, Retail
  • Year Built Details: 140
  • ResoBuildingAreaSource: Plans
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Accessibility Features: Accessibility Features
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: City Lot, Oversized Lot, Rectangular Lot
  • Construction Type: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Three or more Spaces

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 19968
  • Zoning Description: CO
  • Zoning: CO
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Oct 25, 2023
Sold by
Rutland Properties Llc
Bought by
Segrev Investments Llc
Seller's Agent
Edward Murphy
Keller Williams Realty Services
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$675,000
Sold Price
$595,000
Premium/Discount to List
-$80,000
-11.85%
Total Days on Market
231
Views
143
Current Estimated Value
$601,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,221
Avg. Annual Appreciation
0.97%
Original Mortgage
$476,000
Outstanding Balance
$469,283
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$135,314

Purchase Details

Closed on
Mar 21, 2023
Sold by
Case Lincoln Todd
Bought by
Rutland Properties Llc

Purchase Details

Closed on
Feb 17, 2023
Sold by
Case Tyler Scott
Bought by
Case Lincoln Todd and Case Gail K
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
Segrev Investments Llc $595,000 None Listed On Document
Rutland Properties Llc $275,000 --
Case Lincoln Todd $258,058 --
Case Tyler Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segrev Investments Llc $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold -- -- --
06/07/2023 06/07/23 Price Changed $595,000 -11.9% $340 / Sq Ft
03/07/2023 03/07/23 For Sale $675,000 -- $386 / 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 $4,592 $26,015 $0 $26,015
2023 $4,592 $33,977 $15,960 $18,017
2022 $402,154 $33,977 $15,960 $18,017
2021 $4,015 $33,977 $15,960 $18,017
2020 $4,027 $33,977 $15,960 $18,017
2019 $2,519 $20,416 $9,405 $11,011
2018 $2,522 $20,416 $9,405 $11,011
2017 $2,547 $20,416 $9,405 $11,011
2016 $2,559 $20,416 $9,405 $11,011
2015 $2,513 $19,537 $9,000 $10,537
2014 $2,489 $19,537 $9,000 $10,537
2013 -- $19,537 $9,000 $10,537
Source: Public Records

Agents Affiliated with this Home

  • Edward Murphy

    Seller's Agent in 2023

    Edward Murphy

    Keller Williams Realty Services

    (524) 669-6090

    2 in this area

    14 Total Sales

    Edward Murphy
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    NON-MLS MEMBER

See All Agents

Map

Source: ROAM MLS

MLS Number: 2382936

APN: 19968

Louisiana St Tammany Parish Covington 70433 Saint John

517 E Rutland St, Covington, LA

This home is located at 517 E Rutland St, Covington, LA 70433 since 07 March 2023 and is currently estimated at $601,221, approximately $343 per square foot. 517 E Rutland St is a home located in St. Tammany Parish with nearby schools including Covington Elementary School, Pine View Middle School, and William Pitcher Junior High School.

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.

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