507 East 2nd Avenue

507 East 2nd Avenue has been categorized by the local assessors in Covington, LA as a type of property. The building on the property was first built in 1920 and is 106 years old. In addition, 507 East 2nd Avenue has 1,460 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The property was last sold in Aug 13, 2015 for $224,900. That's $154.04 per sqft. Prior to that sales transaction, the property was also sold in Oct 4, 2013 for $205,000. 507 East 2nd Avenue was last assessed in 2023. The total value of the property was assessed at $22,050. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $14,050. 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 $187,222. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.