$259,000 - $730,903
RENTED JUL 14, 2025

72204 Formosa Dr Covington, LA 70433

3 Beds
2 Baths
1,230 Sq Ft
$480 Price per Sq Ft

Highlights

  • Granite Countertops
  • Central Heating and Cooling System
  • Dogs Allowed
  • Porch
  • Ceiling Fan

About This Home

As of July 2025

Newer 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 has 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

Gayle Macomber

RE/MAX Select License #NOM:000025577 Listed on: 06/03/2025

RE/MAX Select

Last Renter's Agent

Kellie Osbon

K2 Realty LLC License #NOM:912123251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,845

Year Built

  • 2021

Lot Details

  • 0.85

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or 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

Accessible Home Design

  • No Carpet

Outdoor Features

  • Water Access Is Utility Company Controlled
  • Porch

Schools

  • Lyon Elementary School
  • Pine View Middle School
  • Covington High School

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Security Deposit $1,600
  • Assessor Parcel Number 128960

Community Details

Overview

  • Not A Subdivision

Pet Policy

  • Pet Deposit $500
  • Dogs Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,845

Year Built

2021

Lot Details

0

Rental Info

  • Electricity Paid By: Tenant
  • Pet Deposit Amt: 500
  • Rent Spree Y N: No
  • Security Deposit Amt: 1600
  • Termof Lease: 1yr
  • Types Of Leases: Residential
  • Water Paid By: Tenant

Listing Details

  • Property Type: Lease
  • Lease Property Sub Type: Duplex/Double
  • ADA Features: No
  • Additional Features: Carbon Monoxide Detector, Ceiling Fan, Granite Counters, No Carpet, Smoke Alarm
  • Lp Amt Sq Ft: 1.30
  • Stories In Building: 1.0000
  • Total Area: 1425
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2021

Interior Features

  • Appliance Include: Dishwasher, Microwave, Range/Oven
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Room Count: 9
  • Estimated Living Area: 1230
  • Total Bathrooms: 2.00
  • Furnished YN: No
  • Total Sq Ft: 1230

Exterior Features

  • Pool Type: None
  • Exterior: Vinyl Siding
  • ExteriorFeatures: Porch
  • Foundation: Slab

Garage/Parking

  • Car Storage: Two, Lot
  • Internet: Yes

Utilities

  • Air Conditioner: One, Central
  • Electricity Provided By: Cleco
  • Gas Type: None
  • Heating: One, Central
  • Sewer Type: Utility Co.
  • Water Type: Public

Condo/Co-op/Association

  • Pet Restrictions: Yes
  • Pets Allowed: Dog

Schools

  • Elementary School: Lyon
  • Middle School: Pine View
  • High School: Covington

Green Features

  • Green Building Cert Attached Y N: No

Lot Info

  • Lot Description: Regular
  • Parcel #: 128960

MLS Schools

  • Elementary School: Lyon
  • High School: Covington
  • Junior High School: Pitcher
  • Middle School: Pine View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Beulah Enterprises Llc
Bought by
Smb Construction Llc
Current Estimated Value
$590,476

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
Outstanding Balance
$245,221
Interest Rate
3.74%
Mortgage Type
Commercial
Estimated Equity
$345,255
Source: Public Records

Range of Values:

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Average Value
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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
Smb Construction Llc $36,500 Winters Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smb Construction Llc $276,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Rented $1,600 0.0% --
06/20/2025 06/20/25 Under Contract -- -- --
06/03/2025 06/03/25 For Rent $1,600 +6.7% --
12/01/2023 12/01/23 Rented $1,500 0.0% --
11/12/2023 11/12/23 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $1,500 -3.2% $1 / Sq Ft
10/25/2023 10/25/23 Price Changed $1,550 -3.1% $1 / Sq Ft
10/12/2023 10/12/23 Price Changed $1,600 -3.0% $1 / Sq Ft
09/26/2023 09/26/23 Price Changed $1,650 -2.9% $1 / Sq Ft
08/22/2023 08/22/23 Price Changed $1,700 -2.9% $1 / Sq Ft
08/11/2023 08/11/23 For Rent $1,750 -- --
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 $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

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2504491

Gulf South Real Estate Information Network

APN: 128960