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72161 Formosa Drive

72161 Formosa Drive, Covington, LA 70433
House in St. Tammany
72161 Formosa Drive has been categorized by the local assessors in Covington, LA as a type of property. The building on the property was first built in 2000 and is 26 years old. In addition, 72161 Formosa Drive has 1,307 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. For the features and amenities located on the property. There is a for those who require parking. According to our sources, there is one available parking space. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 72161 Formosa Drive was last sold in Aug 27, 2021 for $169,900. According to our calculations, that's $130.69 per sqft. Current property owners are expected to pay $77,659 in taxes per year. The property on 72161 Formosa Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,528. To break that down further, the land itself was valued at $2,000. While improvements to the property were assessed at a total of $11,528. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Carport

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210528
05/28/2021
3 Bed
2 Bath
1300 ft²
$169,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1300 ft²
-
-
WAYNE TURNER
Turner Real Estate Group


Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • 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: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AZALEA PARK
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 4000
  • Legal Description 1: LOT 25 AZALEA PARK SUB INST NO 1140597 INST NO 120

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: 040608

Geography

  • District: 3WS
  • Parcel: 129714
  • Lot: 25
  • Municipality: WARD 3
  • Latitude: 30.4805
  • Longitude: -90.0762

    Address

  • Full Address: 72161 Formosa Dr
  • Address - House Number: 72161
  • Address - Street Name: Formosa
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Covington
  • Carrier Code: H071
  • 4-Digit Zip Code: 8719
  • Zip Code: 70433

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $77,659
  • Tax Rate Code Area: 38

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 226,867
  • High Value: 282,480
  • Low Value: 171,254

    Market Valuation

  • Market Total Value: $135,279
  • Market Land Value: $20,000
  • Market Improvement Value: $115,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,528
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $11,528

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 2289833
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 72161 Formosa Drive located in?
The 72161 Formosa Drive is a house located in the neighborhood of St. Tammany in St. Tammany, Covington.
What is the average sales price for listings in 72161 Formosa Drive?
The average sales price for units in 72161 Formosa Drive is $0 currently.