NOT LISTED FOR SALE

1058 Flat Rock Rd Covington, GA 30014

Estimated Value: $331,000 - $846,384

3.24 Acres
$175,570 Price per Acre
141,134 Sq Ft Lot

Last Sold September 11, 2018

Last sale price $135,000

Est. 321% increase in value since last sale

Current estimated payment $3,560/month

298 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Partially Wooded Lot
  • Eastside High School Rated A-
  • 3.24 Acre Lot
  • Open Lot

About This Lot

As of September 2018

Beautiful private estate lake lot located on Lake Varner (Cornish Creek Reservoir) in Newton County. Lot consists of 3.24 Acres with access from a shared private drive off of Flat Rock Road. There is a shared access agreement between 5 owners. Underground utilities with water and power already run to the lot. Level 3 soils have been completed with site plan and survey available for review.

Last Agent to Sell the Property

James Hester

NOT A VALID MEMBER License #174072 Listed on: 09/25/2017

NOT A VALID MEMBER

Last Buyer's Agent

James Hester

NOT A VALID MEMBER License #174072 Listed on: 09/25/2017

NOT A VALID MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $481

Lot Details

  • 3.24 Acre Lot
  • Lake Front
  • Property fronts an easement
  • Open Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned A-R

Schools

  • Flint Hill Elementary School
  • Cousins Middle School
  • Eastside High School

Additional Features

  • Lake Views
  • Lake On Lot
  • In Flood Plain

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0095000000011F00

Property Details

Property Type

Land

Est. Annual Taxes

$481

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • View: Lake

Utilities

  • Utilities: Electricity Available, Water Available

Lot Info

  • Acres: 3.2400
  • Lot: 1
  • Timber: Hardwoods, Mixed
  • Possible Use: Residential
  • Current Zoning: A-R
  • Plat Book: 32
  • Plat Page: 261
  • Current Use: Residential, Vacant
  • Lot Features: Flood Plain, Lake On Lot, Rolling Slope
  • Parcel Number: 0095000000011F00
  • Price Acre Dollar: 41667.00
  • Property Attached Yn: No

Tax Info

  • Taxes: 481.00
  • Tax Year: 2016

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flint Hill
  • High School: Eastside
  • Middle School: Cousins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Sep 11, 2018
Sold by
Witcher Kevin
Bought by
Hewell Dennis Ray
Seller's Agent
James Hester
NOT A VALID MEMBER
Buyer's Agent
James Hester
NOT A VALID MEMBER
List Price
$189,000
Sold Price
$135,000
Premium/Discount to List
-$54,000
-28.57%
Current Estimated Value
$568,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,846
Avg. Annual Appreciation
22.11%
Original Mortgage
$325,000
Outstanding Balance
$282,835
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$286,011

Purchase Details

Closed on
Aug 28, 2003
Sold by
Hunter Of Fowler
Bought by
Witcher Kevin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hewell Dennis Ray $135,000 --
Witcher Kevin $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewell Dennis Ray $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $135,000 -9.4% --
07/20/2018 07/20/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $149,000 -6.3% --
12/12/2017 12/12/17 Price Changed $159,000 -11.2% --
11/01/2017 11/01/17 Price Changed $179,000 -5.3% --
09/25/2017 09/25/17 For Sale $189,000 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,748 $270,256 $52,680 $217,576
2023 $6,550 $241,376 $40,280 $201,096
2022 $5,318 $196,000 $29,280 $166,720
2021 $5,123 $168,920 $29,280 $139,640
2020 $5,112 $152,160 $39,000 $113,160
2019 $1,330 $39,000 $39,000 $0
2018 $386 $22,480 $22,480 $0
2017 $481 $14,000 $14,000 $0
2016 $481 $14,000 $14,000 $0
2015 $481 $14,000 $14,000 $0
2014 $479 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Hester

    NOT A VALID MEMBER

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5912709

First Multiple Listing Service (FMLS)

APN: 0095000000011F00

Georgia Newton County Covington 30014

1058 Flat Rock Rd, Covington, GA

Not Listed for Sale

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