$1,559,689
RENTED DEC 1, 2024

73009 Highway 25 Unit B Covington, LA 70435

-- Bed
-- Bath
2,200 Sq Ft
$709 Price per Sq Ft

About This Home

Glass storefront property next to existing McDonald’s is 2200 SF of vacant
space. 2 ADA bathrooms, and is ready for tenant's flooring. Discounted rent rate for the first year:
2200 SF @ $1466 + $1027 NNN = $2,493 per month for the first year.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Kitterman Covington Llc
Bought by
73009 Highway 25 Llc
Current Estimated Value
$1,559,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Outstanding Balance
$104,168
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,442,804
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
73009 Highway 25 Llc $1,050,000 Top Tier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 73009 Highway 25 Llc $122,000
Closed 73009 Highway 25 Llc $1,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 Rented $1,466 0.0% --
04/13/2023 04/13/23 Price Changed $1,466 -20.0% $1 / Sq Ft
08/31/2020 08/31/20 For Rent $1,833 -- --

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 $14,057 $87,384 $0 $87,384
2023 $14,057 $128,178 $40,794 $87,384
2022 $1,517,117 $128,178 $40,794 $87,384
2021 $15,148 $128,178 $40,794 $87,384
2020 $15,190 $128,178 $40,794 $87,384
2019 $15,174 $122,979 $57,977 $65,002
2018 $15,193 $122,979 $57,977 $65,002
2017 $16,762 $134,354 $57,977 $76,377
2016 $16,841 $134,354 $57,977 $76,377
2015 $18,547 $144,169 $55,480 $88,689
2014 $18,366 $144,169 $55,480 $88,689
2013 -- $144,169 $55,480 $88,689
Source: Public Records

Agents Affiliated with this Home

  • Brent Cordell

    Seller's Agent in 2024

    Brent Cordell

    KPG Realty, LLC

    (985) 373-6417

    168 Total Sales

    Brent Cordell
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Map

Louisiana St Tammany Parish Covington 70433

73009 Highway 25 Unit B, Covington, LA

This home is located at 73009 Highway 25 Unit B, Covington, LA 70435 and is currently estimated at $1,559,689, approximately $708 per square foot. 73009 Highway 25 Unit B is a home located in St. Tammany Parish with nearby schools including Covington 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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