NOT LISTED FOR SALE

79055 Highway 40 Covington, LA 70435

Estimated Value: $1,767,222

1 Acre
$1,767,222 Price per Acre
43,560 Sq Ft Lot

Last Sold September 10, 2014

Current estimated payment $10,629/month

327 Days on Market

About This Lot

As of September 2014

Barkers Corner Great traffic visibility for retail in established community. Also available for ground lease.

Last Agent to Sell the Property

David Holloway

Smith & Core, Inc. License #995680764 Listed on: 09/17/2013

Last Buyer's Agent

David Holloway

Smith & Core, Inc. License #995680764 Listed on: 09/17/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,403

Lot Details

  • 1 Acre Lot
  • Corner Lot
  • The community has rules related to zoning restrictions
  • Zoning described as HC-2

Additional Features

  • Outside City Limits
  • Sewer Not Available

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7043579055HWY40(LEERHY0

Property Details

Property Type

Land

Est. Annual Taxes

$9,403

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • Lot Size: 1 acre
  • Road Surface Type: Asphalt
  • Subdivision Name: Not a Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Outside City Limits

Utilities

  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 7043579055HWY40(LEERHY0
  • Zoning Description: HC-2
  • Zoning: HC-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2015
Sold by
Executive Holdings Llc
Bought by
Tdj Investments Llc
Current Estimated Value
$1,767,222

Purchase Details

Listed on
Sep 17, 2013
Closed on
Sep 9, 2014
Sold by
Lanaux Ethel L
Bought by
Executive Holdings Llc
Seller's Agent
David Holloway
Smith & Core, Inc.
Buyer's Agent
David Holloway
Smith & Core, Inc.
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Original Mortgage
$892,000
Interest Rate
4.14%
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 Buyer Sale Price Title Company
Tdj Investments Llc $1,150,000 Chicago Title
Executive Holdings Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Executive Holdings Llc $892,000
Previous Owner Executive Holdings Llc $892,000
Previous Owner Christiana Bank & Trust Co $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2014 09/10/14 Sold -- -- --
08/11/2014 08/11/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $299,000 -- --
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 $9,403 $60,566 $0 $60,566
2023 $9,403 $87,630 $28,325 $59,305
2022 $1,145,059 $87,630 $28,325 $59,305
2021 $11,386 $87,630 $28,325 $59,305
2020 $11,315 $87,630 $28,325 $59,305
2019 $11,934 $88,697 $27,500 $61,197
2018 $11,947 $88,697 $27,500 $61,197
2017 $12,123 $88,697 $27,500 $61,197
2016 $12,175 $88,697 $27,500 $61,197
2015 $11,790 $82,578 $27,500 $55,078
2014 $3,883 $27,500 $27,500 $0
2013 -- $27,500 $27,500 $0
Source: Public Records

Agents Affiliated with this Home

  • David Holloway

    Seller's Agent in 2014

    David Holloway

    Smith & Core, Inc.

    (985) 320-8173

    330 Total Sales

    David Holloway
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Map

Source: ROAM MLS

MLS Number: 966048

APN: 119031

Louisiana St Tammany Parish Covington 70435

79055 Highway 40, Covington, LA

This home is located at 79055 Highway 40, Covington, LA 70435 since 17 September 2013 and is currently estimated at $1,767,222. 79055 Highway 40 is a home located in St. Tammany Parish with nearby schools including Lee Road Junior High School and Covington High School.

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