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491 Terrace Lake Drive

491 Terrace Lake Drive, Covington, LA 70435
House in St. Tammany
491 Terrace Lake Drive in Covington, LA was first built in 2021 and is 5 years old. This has been categorized as a property type.

Learn more about the property and building on this page. For those who need parking, there is a . The garage is 478 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as . The property was last sold in Jul 6, 2023 for $323,000. That's $180.75 per sqft. Prior to that sales transaction, the property was also sold in Apr 12, 2021 for $238,370. 491 Terrace Lake Drive was last assessed in 2023. The total value of the property was assessed at $19,478. Specifically, the land the property is located on was valued at $3,500. While improvements on the property were assessed at a total of $15,978. 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 $149,486. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Stucco Exterior
Vinyl Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230531
05/31/2023
3 Bed
2 Bath
1825 ft²
$325,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1825 ft²
-
-
LAURA PROVINCE
1 Percent Lists


Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 478
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,787
  • Gross Building Area: 1,787
  • Building Area: 1,787
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALEXANDER RIDGE
  • Standard Land Use Code: 1109
  • County Land Use Code: 3410
  • Legal Description 1: ALEXANDER RIDGE LO143 PH3C

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: 040502

Geography

  • Subdivision Phase Number: 3C
  • Parcel: 34959
  • Lot: 143
  • Municipality: COVINGTON
  • Latitude: 30.5278
  • Longitude: -90.0619

    Address

  • Full Address: 491 Terrace Lake Dr
  • Address - House Number: 491
  • Address - Street Name: Terrace Lake
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Covington
  • Carrier Code: R012
  • 4-Digit Zip Code: 5413
  • Zip Code: 70435

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $149,486
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.1232
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 255,270
  • High Value: 286,732
  • Low Value: 223,807

    Market Valuation

  • Market Total Value: $194,779
  • Market Land Value: $35,000
  • Market Improvement Value: $159,779

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,478
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $15,978

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 78788
  • Previous Sale Recording Date: Apr 12, 2021
  • Previous Sale Contract Date: Apr 12, 2021
  • Previous Sale Amount: $238,370
  • Previous Sale Document Type: 15
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About St. Tammany



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Frequently Asked Questions

What neighborhood is 491 Terrace Lake Drive located in?
The 491 Terrace Lake Drive is a house located in the neighborhood of St. Tammany in St. Tammany, Covington.
What is the average sales price for listings in 491 Terrace Lake Drive?
The average sales price for units in 491 Terrace Lake Drive is $0 currently.