Check Availability

124 Penwood Loop

124 Penwood Loop, Covington, LA 70433
Property in St. Tammany
Sold Jun 10, 2021
$250,000
$225,000 by Gulf Coast Bank & Trust Co
Mortgage Due Jul 01, 2051
Sold Jun 21, 2017
$215,000
124 Penwood Loop in Covington, LA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. 124 Penwood Loop has 1,611 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 300 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 9, 2021 for $250,000. That's $155.18 per sqft. Prior to that sales transaction, the property was also sold in Jun 20, 2017 for $215,000. 124 Penwood Loop was last assessed in 2023. The total value of the property was assessed at $19,667. Specifically, the land the property is located on was valued at $4,500. While improvements on the property were assessed at a total of $15,167. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,592. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,611
  • Gross Building Area: 1,611
  • Building Area: 1,611
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESTWOOD ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: LOT 120 CRESTWOOD SUB PH 2F CB 1084 849 CB 1383 20

Ownership

  • Current Owner : COWAN ANDREW J
  • Current Owner 2: COWAN HANNAH FURLAN
  • Previous Owner : GAUTRO JAMES THOMAS
  • Previous Owner 2: GAUTRO MICHELE KAY
  • Owner Before Previous Owner: GONZALES RICHARD E
  • Owner Before Previous Owner 2: GONZALES MARY KATHRYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: St. Tammany Parish School District
  • School Tax School District: FIRE DIST 12
  • School Tax District Code 2: FIRE DIST 12
  • School Tax District Code 3: FIRE DIST 12
  • Census Tract: 040609

Geography

  • District: 3R
  • Subdivision Phase Number: 2F
  • Parcel: 28653
  • Lot: 120
  • Municipality: COVINGTON
  • Latitude: 30.446
  • Longitude: -90.0666

    Address

  • Full Address: 124 Penwood Loop
  • Address - House Number: 124
  • Address - Street Name: Penwood
  • Address - Suffix Type: Loop
  • State: LA
  • City Name: Covington
  • Carrier Code: R013
  • 4-Digit Zip Code: 6510
  • Zip Code: 70433

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,592
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 288,121
  • High Value: 350,763
  • Low Value: 225,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: GULF COAST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $196,674
  • Market Land Value: $45,000
  • Market Improvement Value: $151,674

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,667
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $15,167

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11841713430
  • Current Sale Price: $250,000
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2274742
  • Previous Sale Recording Date: Jun 21, 2017
  • Previous Sale Contract Date: Jun 20, 2017
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GULF COAST BANK & TRUST CO
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About St. Tammany



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 106 Lazy Creek Drive, Mandeville, LA, 70471

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,366 ft²
106 Lazy Creek Drive, Mandeville, LA, 70471 Listing by Megan Helwick

Frequently Asked Questions

What neighborhood is 124 Penwood Loop located in?
The 124 Penwood Loop is a located in the neighborhood of St. Tammany in St. Tammany, Covington.
What is the average sales price for listings in 124 Penwood Loop?
The average sales price for units in 124 Penwood Loop is $0 currently.

Quantcast