5 months on rocket

Backup Offers

72174 Formosa Dr, Covington, LA, 70433

$165,000

Home List Price

$1,959*

Closing Credit

2 Bedrooms
1 Full Bath
973 SqFt
$170/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

72174 Formosa Dr, Covington$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Two Spaces, Boat, RV Access/Parking
Year Built2003
HeatingCentral
CoolingCentral Air, Single Unit
FireplaceNone
MLS #2422098
StatusAccepting Backup Offers
(Active Under Contract)

About 72174 Formosa Dr

Come see this adorable Covington home while it lasts! The home features vaulted ceilings in the living room and primary bedroom, a galley kitchen, and a spacious backyard perfect for play and entertainment. The property backs up to the St. Tammany Trace and is conveniently located off of Highway 36 and is just minutes from downtown Covington. Flood zone C!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2003
  • Stories: 1
  • Living Area: 973 SqFt

Listing Office:

  • Office Name: 1 Percent Lists
  • Office Phone: (985) 807-0001
  • Listing Agent: Lindsay Pons
  • Agent Phone: (985) 400-1508

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s), Vaulted Ceiling(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Two Spaces, Boat, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Single Unit

School Info

Assigned Schools Information:

  • Covington High School, Public District Grades 9-12
  • William Pitcher Junior High School, Public District Grades 7-8
  • Pine View Middle School, Public District Grades 4-6
  • E. E. Lyon Elementary School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $1,415
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Med. Sold Price

$315.1K

Med. Price/SqFt

$170

Avg. Days On Market

43

# of Sold Homes

70

72174 Formosa Dr vs Covington

174 DAYS ON ROCKET

+131 Days

$165,000

-$150.1K Less

$170/SqFt

-$1 Less

KEY TAKEAWAY

This property is $150.1K less than the Median Sold Price and $1/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: #2422098

Listing Office:

  • Office Name: 1 Percent Lists
  • Office Phone: (985) 807-0001
  • Listing Agent: Lindsay Pons
  • Agent Phone: (985) 400-1508

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.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:25:16 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

Jun 09, 2020Home Sold
$120,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,415$11,087
2019$1,415$9,345
2018$243$9,345
2017$1,262$9,345

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

Powered By

Rocket Mortgage

Advertisement

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.

Elementary School

school-card-donut-4351273
5
/10
  • E. E. Lyon Elementary School

  • 1615 N Florida St

  • 1.62 miles

  • Public District Grades PK-3

Middle School

school-card-donut-4351274
3
/10
  • William Pitcher Junior High School

  • 415 S Jefferson Ave

  • 1.78 miles

  • Public District Grades 7-8

school-card-donut-4351275
4
/10
  • Pine View Middle School

  • 1200 W 27th Ave

  • 1.93 miles

  • Public District Grades 4-6

High School

school-card-donut-4351276
4
/10
  • Covington High School

  • 73030 Lions Dr

  • 3.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,519. Residents of Covington, LA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 72174 Formosa Dr

What is the listing price of this property?

The listing price of 72174 Formosa Dr property is $165,000.

What type of property is this?

The property 72174 Formosa Dr is a house located in Covington, Louisiana, 70433.

Is this property for sale now?

Accepting Backup Offers: 72174 Formosa Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 72174 Formosa Dr are:
E. E. Lyon Elementary School: GreatSchools Rating 5/10
William Pitcher Junior High School: GreatSchools Rating 3/10
Pine View Middle School: GreatSchools Rating 4/10
Covington High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,415 (source: MLS/based on county public records data).

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

The last sale was on June 9, 2020 for $120,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 72174 Formosa Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 72174 Formosa Dr is 973 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 72174 Formosa Dr is 2003.

Rocket Homes›Louisiana›Saint Tammany County›Covington›70433›72174 Formosa Dr

This home is located at 72174 Formosa Dr in Covington, LA and zip code 70433. This 973 square foot home was built in 2003. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 09, 2023 and is currently priced at $165,000.

In April 2024 more than 4 listings in Covington, LA were sold above the asking price. During the same period more than 24 listings were sold at asking price, while more than 42 were sold below. Between March 2024 and April 2024, Covington, LA real estate market has seen increase in the number of listings by 9.2%. In April 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $315,155.

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

More Resources