2 years on rocket

513 W 5th Ave, Covington, LA, 70433

$175,000

0.46 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontWaterfront
MLS #2344011
Lot Size0.46 Acres
StatusActive

About 513 W 5th Ave

N A V I G A B L E - T C H E F U N C T A - R I V E R. 91.9' river front. Site is cleared with a few hardwoods and pine remaining. Utilities will have to be extended to property. Gravel drive access just off Van Buren & W 5th. Great view of river and very close to St. Tammany Parish Hospital. See Survey attached

Property Details

Property Features

Listing Office:

  • Office Name: David S. Derbes, Inc.
  • Office Phone: (985) 892-8980
  • Listing Agent: DAVID S DERBES
  • Agent Phone: (985) 264-2990

Exterior Features

Exterior Information:

  • Waterfront: Waterfront

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot
  • Lot Size: 0.46 Acres

Other

Directions Information:

  • Directions: Hwy 21 (Tyler) right on 8th, right on S. Harrison, Left on W 7th, Right on Van Buren Right on W 5th. Lot at end of gravel road / drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
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Housing Market Comparison

See how this home compares to others in Covington, LA.

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Covington, LA

City

Med. Sold Price

$319.8K

Med. Price/SqFt

$170

Avg. Days On Market

67

# of Sold Homes

62

513 W 5th Ave vs Covington

919 DAYS ON ROCKET

+852 Days

$175,000

-$144.8K Less

KEY TAKEAWAY

This property is $144.8K less than the Median Sold Price in Covington, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2344011

Listing Office:

  • Office Name: David S. Derbes, Inc.
  • Office Phone: (985) 892-8980
  • Listing Agent: DAVID S DERBES
  • Agent Phone: (985) 264-2990

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Last updated on: 11/15/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-359637
7
/10

  • Covington Elementary School

  • 325 S Jackson St

  • 0.94 miles

  • Public District Grades PK-3

school-card-donut-359638
5
/10

  • Pine View Middle School

  • 1200 W 27th Ave

  • 1.67 miles

  • Public District Grades 4-6

school-card-donut-359639
6
/10

  • E.E. Lyon Elementary School

  • 1615 N Florida St

  • 2.32 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,674. The majority of Covington, LA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Covington, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Covington, LA.

Covington features a diverse array of housing options, with single-family homes being a significant part of the housing market. Architectural styles range from traditional Southern to contemporary, with a mix of historic homes and newer constructions. The housing market is dynamic, with a homeownership rate that reflects a stable community, though specific percentages are subject to change and should be verified with current data.

What is it like to live in Covington, LA?

Covington is celebrated for its rich cultural heritage and community spirit. The city prides itself on its historic downtown area, which hosts various local events and festivals throughout the year, reflecting the area's strong sense of identity and tradition.

Is it easy to get around Covington, LA without a car?

The community is served by a number of public schools, private educational institutions, and specialized programs, providing residents with a range of options for education. Healthcare services are available through local clinics and a regional hospital, equipped to handle a variety of medical needs. Retail and dining options are plentiful, offering both local cuisine and international flavors, and the public library system supports the community's educational and informational needs.

Transportation in Covington, LA.

Covington's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, with details on schedules to be confirmed from local sources. The city is also accommodating to pedestrians in certain areas, with ongoing efforts to improve walkability and bikeability. Ride-sharing services are operational in the area, providing additional transportation options for residents.

Frequently Asked Questions About 513 W 5th Ave

What is the listing price of this property?

The listing price of 513 W 5th Ave property is $175,000.

What type of property is this?

The property 513 W 5th Ave is land located in Covington, Louisiana, 70433.

Is this property for sale now?

Active Listing: 513 W 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 513 W 5th Ave is 0.46 acres.
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Rocket Homes›Louisiana›Saint Tammany County›Covington›70433›513 W 5th Ave

This home is located at 513 W 5th Ave in Covington, LA and zip code 70433. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since May 11, 2022 and is currently priced at $175,000.

In October 2024, from all listings sold in Covington, LA there were more than 10 sold above asking price, over 40 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Covington, LA between September 2024 and October 2024 increased by 8.1%. In October 2024 median list price was $319,810 and the average listing age was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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