NOT LISTED FOR SALE

518 J j Ln Covington, LA 70433

Estimated Value: $290,000 - $303,933

-- Bed
-- Bath
2,010 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 518 J j Ln, Covington, LA 70433 and is currently estimated at $294,733, approximately $146 per square foot. 518 J j Ln is a home located in St. Tammany Parish with nearby schools including Madisonville Elementary School, Joseph B. Lancaster Elementary School, and Madisonville Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Bordelon Kelsie and Bordelon Mark L
Bought by
Marin Ashley Terry and Marin Daniel John
Current Estimated Value
$294,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$195,269
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$99,464

Purchase Details

Closed on
Feb 11, 2022
Sold by
Simpson Michael Alan
Bought by
Bordelon Mark L and Bordelon Kelsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,700
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2021
Sold by
Donegan Shannon Mary
Bought by
Simpson Michael Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,700
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2015
Sold by
Simpson Michael A
Bought by
Donegan Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2015
Sold by
Onstad Michael and Merkley Jessica
Bought by
Simpson Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
3.68%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2013
Sold by
Richerand Frank Alexander and Richerand Karynne Hoffman
Bought by
Merkley Jessica and Onstad Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,800
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Marin Ashley Terry $285,000 Title Solution Services
Bordelon Mark L $283,000 Stewart Title Guaranty Company
Simpson Michael Allen -- None Available
Donegan Shannon M -- --
Simpson Michael A $196,000 First American Title
Merkley Jessica $198,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Ashley Terry $199,500
Previous Owner Bordelon Mark L $254,700
Previous Owner Simpson Michael A $192,449
Previous Owner Merkley Jessica $158,800
Source: Public Records

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 $2,348 $26,468 $5,000 $21,468
2023 $2,432 $19,179 $4,000 $15,179
2022 $264,133 $19,179 $4,000 $15,179
2021 $2,637 $19,179 $4,000 $15,179
2020 $2,643 $19,179 $4,000 $15,179
2019 $2,723 $19,142 $3,519 $15,623
2018 $2,726 $19,142 $3,519 $15,623
2017 $2,744 $19,142 $3,519 $15,623
2016 $2,756 $19,142 $3,519 $15,623
2015 $1,645 $18,627 $3,400 $15,227
2014 -- $18,627 $3,400 $15,227
2013 -- $20,184 $3,400 $16,784
Source: Public Records

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