NOT LISTED FOR SALE

520 N Pierce St Unit 26 Covington, LA 70433

West 20s Neighborhood

Estimated Value: $389,000 - $483,424

-- Bed
-- Bath
3,800 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 30, 2020

Current estimated payment $2,677/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Wood Siding
  • Covington Elementary School Rated A-

About This Home

As of September 2020

Investor's Special - This 4-Plex has the potential to be a very profitable money maker for years to come. All units are occupied! Conveniently located in the Covington. A stone's throw from Downtown,St Tammany Hospital and so much more. Building features 4 separate units. Each unit has its own washer dryer hookups, front and rear yard exits, large pantry, 2 bedrooms and 1.5 baths. Opportunities like this don't come available often and won't last long!

Last Agent to Sell the Property

Laura Province

1 Percent Lists Gulf South License #NOM:995716851 Listed on: 06/05/2020

Co-Listed By

Robin Province

K2 Realty LLC License #NOM:000015860

Last Buyer's Agent

Laura Province

1 Percent Lists Gulf South License #NOM:995716851 Listed on: 06/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,675

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 140x120
  • Property is in average condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Driveway

Schools

  • Please Elementary School
  • See Middle School
  • Board High School

Additional Features

  • Outside City Limits
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70433520-526NPierceST9A,10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,675

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Avg
  • ADA Features: No
  • Legal Description: Lots 9A & 10A, Sq 2510
  • Lp Amt Sq Ft: 91.84
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Year Renovated: 1979
  • Age: 41
  • Age Description: Resale
  • Age Description 2: Age Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Estimated Living Area: 3800
  • Total Sq Ft: 3800

Exterior Features

  • Pool Type: None
  • Exterior: Wood Siding
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Driveway Only

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Cleco
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Schools

  • Elementary School: Please
  • Middle School: See
  • High School: Board

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 9A,10
  • Lot Size: 140x120
  • Parcel #: 70433520-526NPierceST9A,10

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 4
  • Total Rent All Units: 3175
  • Total Units: 4
  • Unit Count: 4

MLS Schools

  • Elementary School: Please
  • High School: Board
  • Junior High School: School
  • Middle School: See

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Nolan Capital Llc
Bought by
Daigle Patrick Keith
Current Estimated Value
$446,856

Purchase Details

Listed on
Mar 20, 2019
Closed on
Dec 6, 2019
Sold by
Lowe Cyril G
Bought by
Morgan Dennison N
Seller's Agent
Stephanie Villani
LATTER & BLUM (LATT27)
Buyer's Agent
Melissa Mysing
LATTER & BLUM (LATT15)
List Price
$300,000
Sold Price
$231,000
Premium/Discount to List
-$69,000
-23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$223,290
Interest Rate
3.6%
Mortgage Type
FHA
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
Daigle Patrick Keith $305,000 None Available
Morgan Dennison N $321,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Dennison N $223,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold -- -- --
08/11/2020 08/11/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $359,000 +19.7% $94 / Sq Ft
12/09/2019 12/09/19 Sold -- -- --
11/14/2019 11/14/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $300,000 -- $79 / Sq Ft
Source: Gulf South Real Estate Information Network

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 $3,675 $33,513 $7,500 $26,013
2023 $3,675 $26,517 $3,000 $23,517
2022 $313,855 $26,517 $3,000 $23,517
2021 $3,134 $26,517 $3,000 $23,517
2020 $3,143 $26,517 $3,000 $23,517
2019 $3,156 $25,576 $3,135 $22,441
2018 $3,160 $25,576 $3,135 $22,441
2017 $3,191 $25,576 $3,135 $22,441
2016 $3,206 $25,576 $3,135 $22,441
2015 $3,149 $24,474 $3,000 $21,474
2014 $3,118 $24,474 $3,000 $21,474
2013 -- $24,474 $3,000 $21,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2255827

Gulf South Real Estate Information Network

APN: 19330