Sold Aug 31, 2023
Transfer
Seller
Sold Jan 05, 2021
$520,000
Buyer
Seller
$416,000
by Gulf Coast Bank & Trust Co
Mortgage Due Jan 01, 2051
507 Lakewood Northshore Drive in Covington, LA was first built in 2020 and is 4 years old.
This has been categorized as a residential property type.
507 Lakewood Northshore Drive has 3,221 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 534 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $520,000 in Dec 31, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,572 in taxes each year. 507 Lakewood Northshore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,629. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $34,629. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 534 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $520,000 in Dec 31, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,572 in taxes each year. 507 Lakewood Northshore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,629. If we break it down further, the land itself was valued at $4,000. Improvements to the property, however, were assessed at a total of $34,629. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Building Features
Condition
New Construction
Exterior
Brick Exterior
Stucco Exterior
Parking
Attached Garage
This property description is generated based on publicly available data.