NOT LISTED FOR SALE

72211 Formosa Dr Covington, LA 70433

Estimated Value: $161,000

5 Beds
2 Baths
1,965 Sq Ft
$82/Sq Ft Est. Value

Highlights

  • French Provincial Architecture
  • Stainless Steel Appliances
  • Dogs and Cats Allowed
  • Granite Countertops
  • Central Heating and Cooling System
  • Property is in excellent condition

About This Home

As of April 2023

Completely renovated in 2022. This home features a huge front and back yard, lot is almost a half acre, new kitchen, master bathroom, all new doors, trim, paint and flooring, 4 large bedrooms, and one smaller one across from the master which could be used as a home office or nursery. Open floor plan kitchen and living room, huge laundry room and outdoor storage. Must pass background, credit check and employment verification. Only pets below 35lbs, no aggressive breeds allowed, no smoking allowed. Owner/Agent.

Last Agent to Rent the Property

Marcus Buring

Northwood Realty Company, LLC License #995686752 Listed on: 03/18/2023

Last Renter's Agent

Marcus Buring

Northwood Realty Company, LLC License #995686752 Listed on: 03/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 110x180
  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,965 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Security Deposit $1,850
  • Tenant pays for electricity, gas, water
  • Tax Lot 12-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Security Deposit: 1850.0
  • Pet Deposit: 350.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size: 110x180
  • Subdivision Name: Not a Subdivision
  • Directions: Hwy 36 East from Downtown Covington, Make a right on Formosa, House is second down on Right.
  • Architectural Style: French/Provincial
  • Carport Y N: Yes
  • Year Built Details: 1
  • Year Built: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Granite Counters, Stainless Steel Appliances
  • Living Area: 1965.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Construction Type: Brick Veneer
  • Foundation Details: Slab
  • Property Condition: Excellent

Garage/Parking

  • Parking Features: Carport, Three or more Spaces

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Pet Restrictions

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 12-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Buring Marcus A
Bought by
Formosa Drive Property Llc
Current Estimated Value
$161,000

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 25, 2022
Sold by
Formosa Drive Property Llc
Bought by
Buring Marcus A
Seller's Agent
Marcus Buring
Northwood Realty Company, LLC
Buyer's Agent
Marcus Buring
Northwood Realty Company, LLC

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2021
Sold by
Wells Fargo Bank
Bought by
Formosa Drive Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,631
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2021
Sold by
St Tammany Parish Sheriff
Bought by
Wells Fargo Bank
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 Buyer Sale Price Title Company
Formosa Drive Property Llc -- --
Buring Marcus A -- None Listed On Document
Formosa Drive Property Llc $138,900 None Available
Wells Fargo Bank $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buring Marcus A $195,000
Previous Owner Formosa Drive Property Llc $147,631
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Rented $1,850 0.0% --
03/18/2023 03/18/23 For Rent $1,850 +2.8% --
03/17/2022 03/17/22 For Rent $1,800 0.0% --
03/17/2022 03/17/22 Rented $1,800 -- --
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
2021 $1,541 $19,392 $5,000 $14,392
2020 $1,518 $19,392 $5,000 $14,392
2019 $1,431 $18,355 $4,399 $13,956
2018 $1,456 $18,355 $4,399 $13,956
2017 $1,466 $18,355 $4,399 $13,956
2016 $1,473 $18,355 $4,399 $13,956
2015 $1,419 $17,734 $4,250 $13,484
2014 $1,412 $17,734 $4,250 $13,484
2013 -- $17,734 $4,250 $13,484
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2023

    Marcus Buring

    Northwood Realty Company, LLC

    (504) 666-9888

    6 in this area

    31 Total Sales

    Marcus Buring
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Map

Source: ROAM MLS

MLS Number: 2385804

APN: 138-080-2182

Louisiana St Tammany Parish Covington 70433

72211 Formosa Dr, Covington, LA

This home is located at 72211 Formosa Dr, Covington, LA 70433 since 18 March 2023 and is currently priced at $161,000. This property was built in 2022. 72211 Formosa Dr is a home located in St. Tammany Parish with nearby schools including E. E. Lyon Elementary School, William Pitcher Junior High School, and Pine View Middle School.

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