Must see, investors delight with an incredible cap rate!!! No maintenance, newly renovated rental property that's fully occupied. Renovations included all new kitchens, bathrooms, appliances, including washer and dryer, wood-look tile floors, paint - inside and out, new roof, new aerator on septic system and new well tank - both housed in locked shed in backyard, yard is fully fenced in, no grass, gravel with underlayment to prevent weeds (no lawn maintenance!) Owner/agent
Multi-familyProperty Type
2019Year Built
$127Est. Price/Sq.Ft.
3 spacesParking
Listed by Christopher Leniek• Gulf Coast Realty LLC
Bought with Coniece Allen-Brown• Homesmart Realty South
Must see, investors delight with an incredible cap rate!!! No maintenance, newly renovated rental property that's fully occupied. Renovations included all new kitchens, bathrooms, appliances, including washer and dryer, wood-look tile floors, paint - inside and out, new roof, new aerator on septic system and new well tank - both housed in locked shed in backyard, yard is fully fenced in, no grass, gravel with underlayment to prevent weeds (no lawn maintenance!) Owner/agent
GSREIN #1
Oct 1, 2019
Price Changed
$215,000
$103/sq ft
AcadianaMLS #NO2223941
Sep 19, 2019
Listed
$215,000
$103/sq ft
GSREIN #2183838
Mar 20, 2019
Sold
$45,360
$22/sq ft
Feb 16, 2019
Pending
—
Jan 11, 2019
Price Changed
$59,900
$29/sq ft
Dec 17, 2018
Price Changed
$69,900
$34/sq ft
Dec 10, 2018
Listed
$74,000
$36/sq ft
AcadianaMLS #NO2183838
Dec 10, 2018
Listed
$59,900
$29/sq ft
GSREIN #2166108
Nov 20, 2018
Listing Removed
—
Nov 19, 2018
Price Changed
$74,000
$36/sq ft
Oct 15, 2018
Price Changed
$83,000
$40/sq ft
Sep 17, 2018
Price Changed
$89,900
$43/sq ft
Aug 20, 2018
Price Changed
$96,000
$46/sq ft
Jul 24, 2018
Listed
$105,000
$50/sq ft
AcadianaMLS #NO2166108
Jul 24, 2018
Listed
$74,000
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2021
$1,960 (+28.7%)
$850 + $14,158
$15,008
2020
$1,523 (+55.3%)
$850 + $10,826
$11,676
2019
$981 (−0.9%)
$889 + $6,369
$7,258
2018
$990 (−1.5%)
$889 + $6,369
$7,258
2017
$1,005 (−0.3%)
$889 + $6,369
$7,258
2016
$1,009 (+3.4%)
$889 + $6,369
$7,258
2014
$976 (+1.8%)
$850 + $6,095
$6,945
2013
$959
$850 + $6,095
$6,945
Tax history for 19435 Slemmer Rd
Year
Property tax
Land + Additions
Assessment*
2021
$1,960 (+28.7%)
$850 + $14,158
$15,008
2020
$1,523 (+55.3%)
$850 + $10,826
$11,676
2019
$981 (−0.9%)
$889 + $6,369
$7,258
2018
$990 (−1.5%)
$889 + $6,369
$7,258
2017
$1,005 (−0.3%)
$889 + $6,369
$7,258
2016
$1,009 (+3.4%)
$889 + $6,369
$7,258
2014
$976 (+1.8%)
$850 + $6,095
$6,945
2013
$959
$850 + $6,095
$6,945
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
5,710 Sq. Ft.
Year renovated
—
Sq. Ft.
2,082
Year built
1979
Style
Single Family Residential
County
St. Tammany Parish
APN
1070110965
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 27, 2023.
NC-1
Neighborhood Office District.
The purpose of the NC-1 Neighborhood Office District is to provide for the location of
some small professional offices near residential developments in order to provide neighborhoodscale services to residents with minimal impact on residential development in the area.
Permitted uses
Include but are not limited to:
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Office
Veterinary clinic
Apr 23, 2019 • Final
Residential remodel
Remodel the kitchen and bathrooms. Paint the interior and update electrical devices.
Bathroom
Electrical
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Driveway, Three or more Spaces
Interior
Bathroom Information
# of Full Bathrooms: 4
Exterior
Building Information
Stories: 2
Year Built Details: 50
Roof Details: Shingle
Construction Details: Brick
Lot Information
Lot Size Dimensions: 50x123
Lot Features: City Lot, Rectangular Lot
Property Information
Foundation Details: Slab
Excellent, Repairs Cosmetic, Resale
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
Multi Unit Information
# Of Units Total: 2
Unit Type 1
Unit Number: B
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1069
Total Rent: $1,000
Actual Rent: $1,000
Unit Type 2
Unit Number: A
# of Bathrooms Total: 2
# of Full Bathrooms: 2
# of Bedrooms: 3
Area: 1013
Total Rent: $900
Actual Rent: $900
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,082
Stories: —
Lot Size: 5,710 square feet
Style: Single Family Residential
Year Built: 1979
Year Renovated: —
County: St. Tammany Parish
APN: 1070110965
Home facts updated by county records on Jan 27, 2023
Around this home
Schools
Pine View Middle School
Public 4-6 • Assigned • 4.1mi
6/10
Fontainebleau Junior High School
Public 7-8 • Assigned • 3.1mi
7/10
Fontainebleau High School
Public 9-12 • Assigned • 3.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Covington, LA • 70433
Average low and high temperatures (°F)
61
41
70
49
77
56
81
63
84
68
91
75
92
76
91
74
88
71
83
61
74
55
65
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$253,000 – $306,000
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