NOT LISTED FOR SALE

616 E Rutland St Covington, LA 70433

Estimated Value: $418,760

Studio
-- Bath
2,000 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 31, 2012

Current estimated payment $2,512/month

155 Days on Market

About This Home

As of August 2012

PRICED BELOW RECENT APPRAISAL!Bank Owned Office Condo with a great location in downtown Covington. Wonderful space with a contemporary look and feel. First floor has appro 1200 sf and 2nd floor has 800 sf. Concrete stained floors, kitchen and downstairs half bath with upstairs full bath. Open and Airy for your office needs.

Last Agent to Sell the Property

Elizabeth Eustis

KPG Realty, LLC License #000042810 Listed on: 02/27/2012

Last Buyer's Agent

Elizabeth Eustis

KPG Realty, LLC License #000042810 Listed on: 02/27/2012

Property Details

Property Type

  • Other

Lot Details

  • 3,093

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels

Additional Features

  • City Lot
  • Well

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70433616ERUTLANDST

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: as per condo
  • Subdivision Name: Not a Subdivision
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office
  • Year Built Details: 7
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Living Area: 2000.0

Exterior Features

  • Lot Features: City Lot
  • Construction Type: Brick
  • Property Condition: Repairs Cosmetic, Resale

Utilities

  • Sewer: Public Sewer
  • Water Source: Well

Lot Info

  • Parcel #: 70433616ERUTLANDST
  • Zoning Description: C
  • Zoning: C
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
Aug 31, 2012
Sold by
Cowilliam D St Tammany Homestead Assn and Id Crumhorm
Bought by
Co Rutland Street Partners Llc
Seller's Agent
Elizabeth Eustis
KPG Realty, LLC
Buyer's Agent
Elizabeth Eustis
KPG Realty, LLC
List Price
$315,000
Current Estimated Value
$418,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$188,000
Outstanding Balance
$129,596
Interest Rate
3.49%
Mortgage Type
FHA
Estimated Equity
$289,164
Source: Public Records
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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
Co Rutland Street Partners Llc $235,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Co Rutland Street Partners Llc $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold -- -- --
08/01/2012 08/01/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $315,000 -- $158 / 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 $4,129 $32,653 $0 $32,653
2023 $4,303 $39,233 $6,580 $32,653
2022 $464,361 $39,233 $6,580 $32,653
2021 $4,637 $39,233 $6,580 $32,653
2020 $4,650 $39,233 $6,580 $32,653
2019 $3,956 $32,060 $8,114 $23,946
2018 $3,961 $32,060 $8,114 $23,946
2017 $4,000 $32,060 $8,114 $23,946
2016 $4,752 $37,913 $0 $37,913
2015 $4,667 $36,280 $0 $36,280
2014 $4,622 $36,280 $0 $36,280
2013 -- $36,280 $0 $36,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 905492

APN: 22422