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5 Pipes Loop

5 Pipes Loop, Covington, LA 70435
Property in St. Tammany
Sold Mar 06, 2020
$648,750
$583,875 by Regions Bank
Mortgage Due Sep 27, 2033
Sold Mar 06, 2020
$648,750
$583,875 by Regions Bank
Mortgage Due Sep 27, 2033
Local assessors in Covington, LA have categorized 5 Pipes Loop as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 213,444 square feet. If we look only at the heated or air conditioned part of the building, then 5 Pipes Loop has a total of 4,360 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 830 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 5, 2020 for $648,750. That's $148.80 per sqft. Prior to that sales transaction, the property was also sold in Mar 5, 2020 for $648,750. 5 Pipes Loop was last assessed in 2023. The total value of the property was assessed at $57,643. Specifically, the land the property is located on was valued at $12,800. While improvements on the property were assessed at a total of $44,843. 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 $6,460. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 830
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 213,444
  • Total Building Area: 4,360
  • Gross Building Area: 4,360
  • Building Area: 4,360
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA GARDENS
  • Land Acres: 4.9
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Recreational/entertainment (general)
  • Legal Description 1: 4.9 ACS M/L SEC 27 6 11 INST NO 871233 INST NO 919

Ownership

  • Current Owner : ERWIN JOSEPH EDWARD
  • Current Owner 2: ERWIN ELIZABETH
  • Previous Owner : FONTENOY JUSTIN D
  • Previous Owner 2: FONTENOY STEPHANIE CARR
  • Owner Before Previous Owner: FONTENOY JUSTIN D
  • Owner Before Previous Owner 2: FONTENOY STEPHANTE CARR
  • 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: 040502

Geography

  • District: 3RW
  • Section: 27
  • Parcel: 117572
  • Municipality: WARD 3
  • Latitude: 30.4998
  • Longitude: -90.0787

    Address

  • Full Address: 5 Pipes Loop
  • Address - House Number: 5
  • Address - Street Name: Pipes
  • Address - Suffix Type: Loop
  • State: LA
  • City Name: Covington
  • Carrier Code: R031
  • 4-Digit Zip Code: 9509
  • Zip Code: 70435

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,460
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 751,626
  • High Value: 894,276
  • Low Value: 608,975

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,167,750
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $583,875
  • First Open Lien Mortgage Term: 161
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 27, 2033
  • Second Open Lien Mortgage Lender: REGIONS BANK
  • Second Open Lien Mortgage Recording Date: Mar 06, 2020
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $583,875
  • Second Open Lien Mortgage Term: 161
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 27, 2033

    Market Valuation

  • Market Total Value: $576,433
  • Market Land Value: $128,000
  • Market Improvement Value: $448,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,643
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $44,843

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11749196964
  • Current Sale Price: $648,750
  • Current Sale Document Type: Cash Sale Deed
  • Current Sale Input Document Number: 2197270
  • Previous Sale Recording Date: Mar 06, 2020
  • Previous Sale Contract Date: Mar 05, 2020
  • Previous Sale Amount: $648,750
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $583,875
  • First Mortgage Terms: 161
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 27, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Mar 06, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $583,875
  • Previous Mortgage Term: 161
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 27, 2033

About St. Tammany



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Frequently Asked Questions

What neighborhood is 5 Pipes Loop located in?
The 5 Pipes Loop is a located in the neighborhood of St. Tammany in St. Tammany, Covington.
What is the average sales price for listings in 5 Pipes Loop?
The average sales price for units in 5 Pipes Loop is $0 currently.

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