NOT LISTED FOR SALE

7 Penny Ln Covington, LA 70433

Estimated Value: $476,000 - $502,000

3 Beds
2 Baths
2,851 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 30, 2024

Current estimated payment $2,927/month

150 Days on Market

Highlights

  • Cathedral Ceiling
  • Cottage
  • Concrete Porch or Patio
  • Covington Elementary School Rated A-
  • Cul-De-Sac
  • Cooling Available

About This Home

As of September 2024

This elegant cottage nestled in a cul de sac in Old Covington has Old World architectural charm with all of the modern luxury! The wrap around porches overlook wetlands and open to a Sun Porch boasting French Doors and Plantation Shutters. This is an entertainers delight with expansive open concept kitchen, formal dining room, and cozy living room with 20 foot ceilings , Bose surround sound and a gas/wood fireplace. There is an airy office with plantation shutters, built in shelving and a sunny transom that can double as a fourth bedroom. The substantial sunny primary bedroom connects to spacious His and Her walk in closets. There is more than ample storage throughout the home, and a detached two car garage lined with peg board for ultimate organization.

Last Agent to Sell the Property

MARY SHEA BURKE

Compass Mandeville (LATT15) License #995707356 Listed on: 05/01/2024

Compass Mandeville (LATT15)

Last Buyer's Agent

SARAH PRATHER

Compass Mandeville (LATT15) License #995705515

Compass Mandeville (LATT15)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 60x55x174x9
  • Cul-De-Sac
  • Property is in excellent condition

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,851 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Attic Fan

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating System Uses Gas

Additional Features

  • Concrete Porch or Patio
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Tax Lot 1-A
  • Assessor Parcel Number SQ 705

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.344
  • Lot Size: 60x55x174x9
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 21 to W.8th Ave to Penny Lane
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2006
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2851.0

Exterior Features

  • Lot Features: Cul-De-Sac, City Lot
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Concrete, Porch
  • Property Condition: Excellent
  • Roof: Shingle

Garage/Parking

  • Parking Features: Garage, Two Spaces

Utilities

  • Cooling: 1 Unit, Attic Fan
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: SQ 705
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Sep 30, 2024
Sold by
Bartee Morton Ann
Bought by
Prather James and Prather Michelle
Seller's Agent
MARY SHEA BURKE
Compass Mandeville (LATT15)
Buyer's Agent
SARAH PRATHER
Compass Mandeville (LATT15)
List Price
$539,000
Views
101
Current Estimated Value
$488,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$380,000
Outstanding Balance
$376,110
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$112,866
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prather James $475,000 Crescent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prather James $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold -- -- --
05/02/2024 05/02/24 For Sale $539,000 -- $189 / 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 $4,470 $35,034 $6,256 $28,778
2023 $3,166 $35,034 $6,256 $28,778
2022 $340,902 $35,034 $6,256 $28,778
2021 $3,404 $35,034 $6,256 $28,778
2020 $3,413 $35,034 $6,256 $28,778
2019 $4,323 $35,034 $6,256 $28,778
2018 $4,328 $35,034 $6,256 $28,778
2017 $4,371 $35,034 $6,256 $28,778
2016 $4,392 $35,034 $6,256 $28,778
2015 $3,704 $35,034 $6,256 $28,778
2014 $3,671 $35,034 $6,256 $28,778
2013 -- $35,034 $6,256 $28,778
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MARY SHEA BURKE

    Compass Mandeville (LATT15)

    (504) 458-7029

    1 in this area

    6 Total Sales

    MARY SHEA BURKE
    Section Image

  • S

    Buyer's Agent in 2024

    SARAH PRATHER

    Compass Mandeville (LATT15)

    (985) 373-6817

    2 in this area

    6 Total Sales

    SARAH PRATHER
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2446274

APN: 22305

Louisiana St Tammany Parish Covington 70433

7 Penny Ln, Covington, LA

Not Listed for Sale

Detached

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