$49,900
SOLD JAN 24, 2020
Last list price

72194 Formosa Dr Covington, LA 70433

0.85 Acre
$58,706 Price per Acre
37,026 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

183 Days on Market

About This Lot

As of May 2025

LARGE WOODED LOT IN QUIET AREA OFF HWY 36. SEE ATTACHED PLAT FOR EXACT MEASUREMENTS. COULD BE USED FOR DUPLEX; PARISH CONFIRMS ZONING IS A-5 TWO FAMILY RESIDENTIAL DISTRICT. PARTIAL DRIVEWAY INTO PROPERTY. SURVEY SAYS IT IS IN FLOOD ZONE "C". LOOK FOR GATE WITH "FOR SALE" SIGN ON IT.

Last Agent to Sell the Property

Sally Ansel

Ansel & Allen Real Estate,LLC License #000058431 Listed on: 06/24/2019

Last Buyer's Agent

ROB DAVIS

The W Group Real Estate LLC License #995694046

The W Group Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,845

Lot Details

  • 0.85 Acre Lot
  • Oversized Lot

Location

  • Outside City Limits

Schools

  • Stpsb Elementary And Middle School
  • Stpsb High School

Community Details

  • Covington Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 7043572194FORMOSADR16

Property Details

Property Type

Land

Est. Annual Taxes

$8,845

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.85
  • Lot Size: .85
  • Road Surface Type: Paved
  • Subdivision Name: Covington
  • Directions: HWY 36 TO FORMOSA DRIVE. GO TO WHERE FORMOSA MAKES TURN; LOT IN CORNER. SIGN ON GATE.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Outside City Limits, Oversized Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: STPSB
  • High School: STPSB
  • Middle Or Junior School: STPSB

Lot Info

  • Current Use: Residential
  • Parcel #: 7043572194FORMOSADR16
  • Zoning Description: RES
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2025
Closed on
May 12, 2025
Sold by
Smb Construction Llc
Bought by
Cb Sharp Properties Llc
Seller's Agent
ASHLEY CALLAHAN
1 Percent Lists Gulf South
Buyer's Agent
Gayle Macomber
RE/MAX Select
List Price
$748,000
Sold Price
$730,000
Premium/Discount to List
-$18,000
-2.41%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.93%
Original Mortgage
$547,500
Outstanding Balance
$547,016
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$172,370

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jan 24, 2020
Sold by
Beulah Enterprises Llc
Bought by
Smb Construction Llc
Seller's Agent
Sally Ansel
Ansel & Allen Real Estate,LLC
Buyer's Agent
ROB DAVIS
The W Group Real Estate LLC
List Price
$49,900
Sold Price
$36,500
Premium/Discount to List
-$13,400
-26.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.99%
Original Mortgage
$276,800
Interest Rate
3.74%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $730,000 Crescent Title
Cash Sale Deed $36,500 Winters Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $547,500 New Conventional
Previous Owner $276,800 Credit Line Revolving
Previous Owner $276,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Rent $1,600 0.0% --
05/12/2025 05/12/25 Sold -- -- --
03/30/2025 03/30/25 For Sale $748,000 0.0% $155 / Sq Ft
11/04/2020 11/04/20 For Rent $1,250 0.0% --
11/04/2020 11/04/20 Rented $1,250 0.0% --
01/24/2020 01/24/20 Sold -- -- --
12/25/2019 12/25/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $49,900 -- $41 / 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 $8,845 $68,086 $4,000 $64,086
2023 $8,845 $31,258 $4,000 $27,258
2022 $403,010 $31,258 $4,000 $27,258
2021 $4,050 $31,258 $4,000 $27,258
2020 $511 $4,000 $4,000 $0
2019 $232 $1,760 $1,760 $0
2018 $236 $1,760 $1,760 $0
2017 $238 $1,760 $1,760 $0
2016 $239 $1,760 $1,760 $0
2015 $236 $1,700 $1,700 $0
2014 $235 $1,700 $1,700 $0
2013 -- $1,700 $1,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Gayle Macomber

    Seller's Agent in 2025

    Gayle Macomber

    RE/MAX

    (985) 290-2573

    127 Total Sales

    Gayle Macomber
    Section Image
  • ASHLEY CALLAHAN

    Seller's Agent in 2025

    ASHLEY CALLAHAN

    1 Percent Lists Gulf South

    (985) 705-5160

    331 Total Sales

    ASHLEY CALLAHAN
    Section Image
  • ROB DAVIS

    Seller's Agent in 2020

    ROB DAVIS

    The W Group Real Estate LLC

    (985) 789-7333

    52 Total Sales

    ROB DAVIS
    Section Image

  • S

    Seller's Agent in 2020

    Sally Ansel

    Ansel & Allen Real Estate,LLC

    (985) 893-6688

    31 Total Sales

    Sally Ansel
    Section Image

  • c

    Buyer's Agent in 2020

    corrie ciufi

    South Central Realty, LLC

    15 Total Sales

    corrie ciufi
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2210909

APN: 128960

Louisiana St Tammany Parish Covington 70433

72194 Formosa Dr, Covington, LA

This home is located at 72194 Formosa Dr, Covington, LA 70433 and is currently estimated at $49,900, approximately $41 per square foot. 72194 Formosa Dr is a home located in St. Tammany Parish with nearby schools including E. E. Lyon 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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