1 month on rocket

563 Terrace Lake Dr, Covington, LA, 70435

$330,000

Home List Price

$3,919*

Closing Credit

4 Bedrooms
3 Full Baths
2,072 SqFt
$159/SqFt
Townhouse

Location

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563 Terrace Lake Dr, Covington$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Garage, Two Spaces, Garage Door Opener
Year Built2020
CoolingSingle Unit
FireplaceOther
MLS #2473611
StatusActive

About 563 Terrace Lake Dr

***OPEN HOUSE THIS SUNDAY, 11/17/2024, 2-4PM*** This beautifully updated home features a range of upgrades that enhance both functionality and style. The kitchen and bath are equipped with stunning granite countertops, while the fireplace surround adds a touch of elegance to the living area. Enjoy the sleek look of stainless steel appliances, including a gas range, and the durability of wood plank tile floors throughout the living room and all wet areas. Since purchasing, the home has received several thoughtful enhancements, including custom blinds and ceiling fans installed in all spare bedrooms for added comfort. The owners have also added a generator hookup, a widened driveway for additional parking, a new fence for privacy, and gutters for added protection. Plus, the attic has been fully decked for extra storage space. This home is move-in ready and offers both style and convenience.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Stories: 1
  • Living Area: 2,072 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Services
  • Office Phone: (985) 727-7000
  • Listing Agent: Joseph Deraney
  • Agent Phone: (504) 444-1990

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Range
  • Interior: Ceiling Fan(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Attached, Garage, Two Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Cooling: Single Unit

Other

Directions Information:

  • Directions: I-12:Head North;Take Hwy 190 to Covington,Pass Bogue Falaya bridge; Rt on Hwy437/Lee Rd, Rt on Hwy1081/Stafford to Terra Mariae;Apx 3mi

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $159/SqFt

HOA Fees:

  • Amount: $90
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $261
  • Tax Year: 2020
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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

$315K

Med. Price/SqFt

$169

Avg. Days On Market

55

# of Sold Homes

51

563 Terrace Lake Dr vs Covington

40 DAYS ON ROCKET

-15 Days

$330,000

+$15K More

$159/SqFt

-$11 Less

KEY TAKEAWAY

This property is $15K more than the Median Sold Price and $11/SqFt less than other homes in Covington, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2473611

Listing Office:

  • Office Name: Keller Williams Realty Services
  • Office Phone: (985) 727-7000
  • Listing Agent: Joseph Deraney
  • Agent Phone: (504) 444-1990

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2020Home Sold
$246,130

Tax History

YEARPROP. TAXASSESSMENT
2020$261$2,100

History based on county public records data.

Payment Calculator

$1,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-4520650
6
/10

  • E.E. Lyon Elementary School

  • 1615 N Florida St

  • 3.35 miles

  • Public District Grades PK-3

school-card-donut-4520651
8
/10

  • Abita Springs Middle School

  • 72079 Maple St

  • 3.53 miles

  • Public District Grades 4-6

school-card-donut-4520652
8
/10

  • Abita Springs Elementary School

  • 22410 Level St

  • 4.01 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 $76,866. Typical income of Covington, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

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 563 Terrace Lake Dr

What is the listing price of this property?

The listing price of 563 Terrace Lake Dr property is $330,000.

What type of property is this?

The property 563 Terrace Lake Dr is a townhouse located in Covington, Louisiana, 70435.

Is this property for sale now?

Active Listing: 563 Terrace Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $261 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 16, 2020 for $246,130. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 563 Terrace Lake Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 563 Terrace Lake Dr is 2,072 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 563 Terrace Lake Dr is 2020.

Rocket Homes›Louisiana›Saint Tammany County›Covington›70435›563 Terrace Lake Dr

This home is located at 563 Terrace Lake Dr in Covington, LA and zip code 70435. This 2,072 square foot home was built in 2020. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $330,000.

While more than 4 listings in Covington, LA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 26 were sold below. The number of homes for sale in Covington, LA decreased by 1.6% between October 2024 and November 2024. In November 2024 median list price was $315,000 and the average listing age was 55 days.

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

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