Landlord's Agent in 2025
Gayle Macomber
RE/MAX
(985) 290-2573
1 in this area
111 Total Sales
72198 Formosa Dr Covington, LA 70433
Estimated Value: $191,000 - $916,674
3
Beds
2
Baths
1,197
Sq Ft
$530/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Central Heating and Cooling System
- Dogs Allowed
- Porch
- Ceiling Fan
- Rectangular Lot
About This Home
As of June 2025Newer constructed 3bd/2bth rental just 5 mins to downtown Covington and 5 min to the heart of Abita Springs. Open floor plan living with large living room, spacious dining area, kitchen with granite counters and breakfast bar. Three spacious bedrooms with large closets and blinds throughout. Stylish finished stained concert floors make clearing up a breeze. This duplex features a partial privacy fence to separate front and backyards, two dedicated parking spots, sidewalks, and views of the Tammany Trace from the back patio. Covered porches on the front and back. Small pet at owner's discretion.
Last Agent to Rent the Property
RE/MAX Select License #000025577 Listed on: 05/12/2025
Last Renter's Agent
Tracie Smith
Group Integrity Referral Compa License #995716609
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023
Lot Details
- 0.85
Home Design
- Duplex
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,197 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Parking Lot
- Assigned Parking
Schools
- Lyon Elem. Elementary School
- Pine View Middle School
- Covington High School
Additional Features
- Porch
- Rectangular Lot
- Outside City Limits
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $1,600
- Tenant pays for electricity, water
- Assessor Parcel Number 128960
Community Details
Overview
- Not A Subdivision
Pet Policy
- Pet Deposit $500
- Dogs Allowed
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2025
Closed on
May 12, 2025
Sold by
Smb Construction Llc
Bought by
Cb Sharp Properties Llc
Seller's Agent
Gayle Macomber
RE/MAX Select
Buyer's Agent
Tracie Smith
Group Integrity Referral Compa
Views
646
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$543,556
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$91,113
Purchase Details
Closed on
Jan 24, 2020
Sold by
Beulah Enterprises Llc
Bought by
Smb Construction Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
3.74%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cb Sharp Properties Llc | $730,000 | Crescent Title | |
| Cb Sharp Properties Llc | $730,000 | Crescent Title | |
| Smb Construction Llc | $36,500 | Winters Title Agency Inc | |
| Smb Construction Llc | $36,500 | Winters Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cb Sharp Properties Llc | $547,500 | |
| Previous Owner | Smb Construction Llc | $276,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2025 06/14/25 | Rented | $1,600 | 0.0% | -- |
| 05/27/2025 05/27/25 | Under Contract | -- | -- | -- |
| 05/12/2025 05/12/25 | For Rent | $1,600 | +28.0% | -- |
| 11/04/2020 11/04/20 | For Rent | $1,250 | 0.0% | -- |
| 11/04/2020 11/04/20 | Rented | $1,250 | -- | -- |
Source: ROAM MLS
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 |
|---|---|---|---|---|
| 2025 | $8,469 | $68,086 | $4,000 | $64,086 |
| 2024 | $8,469 | $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
-
T
Tenant's Agent in 2025
Tracie Smith
Group Integrity Referral Compa
-
ROB DAVIS
Seller's Agent in 2020
ROB DAVIS
The W Group Real Estate LLC
(985) 789-7333
10 in this area
50 Total Sales
-
NICOLE LARCOMBE
Buyer's Agent in 2020
NICOLE LARCOMBE
ERA PowerMark Properties
(504) 559-7495
3 in this area
33 Total Sales
Map
Source: ROAM MLS
MLS Number: 2501348
APN: 128960
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