NOT LISTED FOR SALE

114 Covington Bridge Rd SE Fairmount, GA 30139

Estimated Value: $249,949 - $311,000

7.66 Acres
$36,029 Price per Acre
333,670 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $175,000

Est. 58% increase in value since last sale

Current estimated payment $1,524/month

Highlights

  • 700 Feet of Waterfront
  • 7.66 Acre Lot
  • Partially Wooded Lot
  • Home fronts a creek
  • Creek On Lot
  • Level Lot

About This Lot

As of April 2021

INCREDIBLE OPPORTUNITY AT A GREAT PRICE! 4 Greenhouses, 3 (30x90) and 1 (14x90). 2 are complete with heaters and plastic. Land is level and maintained. Private road opens up to open pasture, great for grazing land, private country setting with approximately 700 feet on creek. Don’t Miss This Unique Chance to procure 7.66 ac between Calhoun and Fairmount just off the Cash Road and Covington Bridge intersection. The main building is approximately 9600 sq ft; 240 x 40 with commercial power, water, septic and well, and will accommodate many uses. OWNER FINANCING AVAILABLE! 2 Acres Zoned Commercial and 5.66 Acres Zoned Ag. This great opportunity is ideal for mixed use and was formerly used as a greenhouse. Great potential for auto shop, horse riding business, event venue and a variety of uses. Survey to be done before closing.

Last Agent to Sell the Property

Kelly Barrett

BrightStar Realty License #350354 Listed on: 01/24/2020

Co-Listed By

Michele Williams

BrightStar Realty License #354758

Last Buyer's Agent

Michele Williams

BrightStar Realty License #354758

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $319

Year Built

  • Built in 2000

Lot Details

  • 7.66 Acre Lot
  • Home fronts a creek
  • 700 Feet of Waterfront
  • Property fronts a highway
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Landscaped with Trees
  • Grass Covered Lot
  • Property is zoned AG

Schools

  • Fairmount Elementary School
  • Red Bud Middle School
  • Sonoraville High School

Additional Features

  • Creek On Lot
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 086 055

Property Details

Property Type

Land

Est. Annual Taxes

$319

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Agriculture
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Exterior Features

  • Waterfront Frontage: 700

Utilities

  • Utilities: Electricity Available

Schools

  • Elementary School: Fairmount
  • Middle School: Red Bud
  • High School: Sonoraville

Lot Info

  • Acres: 7.6600
  • Timber: Mixed
  • Land/Lot: 22
  • Possible Use: Agricultural
  • Section G M D: 3
  • Current Zoning: AG
  • Current Use: Vacant
  • Lot Features: Creek On Lot, Flood Plain, Level
  • Parcel Number: 086 055
  • Price Acre Dollar: 22845.95
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 319.00
  • Assessor Parcel Number: 086-055
  • Close Date: 2021-04-12
  • Tax Year: 2018

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • Elementary School: Fairmount
  • High School: Sonoraville
  • Middle School: Red Bud

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Apr 12, 2021
Sold by
Moore Judy M
Bought by
Seagroves Mark and Mersberger Mishawn
Seller's Agent
Kelly Barrett
BrightStar Realty
Buyer's Agent
Michele Williams
BrightStar Realty
List Price
$229,900
Sold Price
$175,000
Premium/Discount to List
-$54,900
-23.88%
Current Estimated Value
$275,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,983
Avg. Annual Appreciation
11.39%
Original Mortgage
$165,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Seagroves Mark $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Seagroves Mark $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $175,000 0.0% --
12/11/2020 12/11/20 Price Changed $175,000 -12.4% --
11/18/2020 11/18/20 Price Changed $199,750 0.0% --
10/27/2020 10/27/20 Price Changed $199,800 -0.1% --
08/19/2020 08/19/20 Price Changed $199,900 -13.0% --
05/12/2020 05/12/20 Price Changed $229,850 0.0% --
01/24/2020 01/24/20 For Sale $229,900 -- --
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 $721 $30,360 $10,040 $20,320
2023 $740 $29,120 $8,160 $20,960
2022 $803 $29,720 $8,160 $21,560
2021 $638 $22,760 $8,160 $14,600
2020 $672 $23,440 $8,160 $15,280
2019 $675 $23,440 $8,160 $15,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6671223

First Multiple Listing Service (FMLS)

APN: 086 - -055A