new - 4 days on rocket

Penn Mill Rd, Covington, LA, 70435

$1,463,540

112.58 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #2475543
Lot Size112.58 Acres
StatusActive

About Penn Mill Rd

CALLING ALL BUILDERS, DEVELOPERS AND HOMESTEADERS !!!!! 112.58 acres +/- of amazing property located in the approximation of other new developments and subdivisions off of Hwy. 190 in Covington. This wooded and undeveloped property offers a blend of seclusion and accessibility and additionally boasts young to old timber throughout, providing an abundance of wildlife. Possibilities are booming for home development, hunting or to enjoy the great outdoors. The property features 391' +/- of paved road frontage and has been surveyed with copies available and attached in pictures.

Property Details

Property Features

Listing Office:

  • Office Name: REMAX ALLIANCE
  • Office Phone: (985) 626-1561
  • Listing Agent: Susan Brady
  • Agent Phone: (985) 264-3014

Lot Features

Lot Information:

  • Lot: Split Possible
  • Lot Size: 112.58 Acres

Other

Directions Information:

  • Directions: From Hwy 190, turn north onto Penn Mill Road, property on right after the curve and row of homes

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,463,540

Tax Information:

  • Annual Amount: $249
  • 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

$319.8K

Med. Price/SqFt

$170

Avg. Days On Market

67

# of Sold Homes

62

Penn Mill Rd vs Covington

4 DAYS ON ROCKET

-63 Days

$1,463,540

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more 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: #2475543

Listing Office:

  • Office Name: REMAX ALLIANCE
  • Office Phone: (985) 626-1561
  • Listing Agent: Susan Brady
  • Agent Phone: (985) 264-3014

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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: 11/15/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$249$2,000
2019$249$1,881
2018$242$1,881
2017$244$1,881

History based on county public records data.

Payment Calculator

$7,372

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,454

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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-324916
5
/10

  • Pine View Middle School

  • 1200 W 27th Ave

  • 2.08 miles

  • Public District Grades 4-6

school-card-donut-324917
7
/10

  • Covington Elementary School

  • 325 S Jackson St

  • 2.42 miles

  • Public District Grades PK-3

school-card-donut-324918
6
/10

  • E.E. Lyon Elementary School

  • 1615 N Florida St

  • 2.54 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 $72,770. The most common annual income of people living in Covington, LA is between $35k-100k. Most families are married, 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.

What type of housing is available 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.

Is Covington, LA a good place to live?

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.

Are things conveniently located in Covington, LA?

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.

What does the transportation in Covington, LA look like?

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 Penn Mill Rd

What is the listing price of this property?

The listing price of Penn Mill Rd property is $1,463,540.

What type of property is this?

The property Penn Mill Rd is land located in Covington, Louisiana, 70435.

Is this property for sale now?

Active Listing: Penn Mill Rd 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 $249 (source: MLS/based on county public records data).

How much acreage is this property?

The property Penn Mill Rd is 112.58 acres.
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Rocket Homes›Louisiana›Saint Tammany County›Covington›70435›Penn Mill Rd

This home is located at Penn Mill Rd in Covington, LA and zip code 70435. This home sits on a 112.58 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,463,540.

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. Between September 2024 and October 2024, Covington, LA real estate market has seen increase in the number of listings by 8.1%. The median list price of listings available in October 2024 was $319,810, while the average time on the real estate market was 67 days.

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

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