NOT LISTED FOR SALE

1502 Alcovy Meadows Ln Covington, GA 30014

Estimated Value: $647,000 - $746,717

3 Beds
3.5 Baths
2,641 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $965,000 $365 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $4,221/month

50 Days on Market

Highlights

  • Second Kitchen
  • Home fronts a creek
  • Craftsman Architecture
  • Open-Concept Dining Room
  • 10 Acre Lot
  • Deck

About This Home

As of May 2023

Modern luxury and functionality meet privacy and natural beauty on this 10-acre Covington gem! Inside a quiet cul de sac, you enter the gated property and take the long driveway past the massive garage workshop and up to the stunning Adirondack home. The main level features a bright and modern kitchen that opens into a great room with soaring cathedral ceilings. Also on the main level, the master bedroom is similarly spacious. The master bath boasts a double vanity, double shower, and massive walk-in closet. Both the great room and master bedroom offer access onto the massive back deck, which looks out onto Big Flat Creek and the wooded acreage beyond. A complete in-law suite sits above the two-car garage and mudroom. This space allows for family or guests to be self-sufficient in their own space with a kitchen, large bedroom, living room, and even a separate deck. The unfinished basement of the home has a garage door that connects to the driveway, perfect to store more outdoor "toys" or offers the opportunity for a unique look for a finished basement. Car enthusiasts will be pleased to know there is a 3,750 square foot garage/workshop with three standard garage doors and two 14x12 foot doors, making it the perfect space for boat or RV storage. This space includes second floor beams for anyone looking to build out an efficiency apartment above the garage space. Another similar workshop is currently under construction, but the earlier you buy it, the more you can make that space your own! The wow-factor continues outdoors with gorgeous, wooded acreage with the Big Flat Creek running through. All of this comes less than 15 minutes from Downtown Covington and 45 minutes to Downtown Atlanta.

Last Agent to Sell the Property

Haden Henderson

Atlanta Fine Homes Sotheby's International License #379398 Listed on: 02/21/2023

Atlanta Fine Homes Sotheby's International

Co-Listed By

Clay Henderson

Atlanta Fine Homes Sotheby's International License #181512

Last Buyer's Agent

Cayla Owenby

RE/MAX Around Atl East License #400868

RE/MAX Around Atl East

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 2021

Lot Details

  • 10 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Private Entrance
  • Landscaped
  • Wooded Lot
  • Private Yard
  • Back Yard
  • Zero Lot Line

Parking

  • 5 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Insulated Windows
  • Private Rear Entry
  • Family Room with Fireplace
  • Great Room
  • Open-Concept Dining Room
  • Loft
  • Workshop
  • Rural Views
  • Pull Down Stairs to Attic

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Garage Access
  • Exterior Basement Entry
  • Boat door in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Creek On Lot
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Walnut Grove - Walton Elementary School
  • Youth Middle School
  • Walnut Grove High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Workshop
  • 110 Volts
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • Alcovy Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number C081000000023D00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,736

Year Built

Built in 2021

Lot Details

0

Parking

5

Listing Details

  • Standard Status: Closed
  • Legal Description: #3 ALCOVY MEADOWS 5.00AC
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 2021
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2641.00
  • Below Grade Sq Ft: 1777.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Disappearing Attic Stairs, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Walk-In Closet(s)
  • Basement: Boat Door, Daylight, Driveway Access, Exterior Entry, Partial, Unfinished
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room, Great Room - 1 Story, Loft, Workshop
  • Dining Room Features: Open Concept
  • Square Footage: 2641.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Other Structures: Garage(s), Workshop
  • Construction Materials: Cedar, Stone
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Deck
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard, Storage
  • View: Rural
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Carport or Garage: 5
  • Number of Garage Spaces: 5
  • Parking Features: Attached, Detached, Driveway, Garage, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level, Mud Room
  • Utilities: Electricity Available
  • Electric: 110 Volts, 220 Volts in Workshop

Condo/Co-op/Association

  • Subdivision Complex: Alcovy Meadows

Schools

  • Elementary School: Walnut Grove - Walton
  • Middle School: Youth
  • High School: Walnut Grove

Lot Info

  • Acres: 10.0000
  • Land/Lot: 345
  • Section G M D: 502
  • Plat Book: 79
  • Plat Page: 103
  • Lot Features: Back Yard, Creek On Lot, Landscaped, Private, Wooded, Zero Lot Line
  • Parcel Number: C081000000023D00
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 6736.00
  • Assessor Parcel Number: C081000000023D00
  • Close Date: 2023-05-12
  • Tax Year: 2022

Multi Family

  • Waterfront Features: Creek

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Walnut Grove - Walton
  • High School: Walnut Grove
  • Middle School: Youth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Thomas Preston
Bought by
Thomas Preston Joe and Wheeler Kristin Nicole
Current Estimated Value
$689,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$281,132
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$520,676

Purchase Details

Closed on
Jun 6, 2018
Sold by
Goodwin Jackson E
Bought by
Thomas Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thomas Preston Joe -- --
Thomas Preston Joe -- --
Thomas Preston $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Preston Joe $305,000
Previous Owner Thomas Preston $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $965,000 0.0% $365 / Sq Ft
02/21/2023 02/21/23 For Sale $965,000 -- $365 / Sq Ft
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 $6,805 $252,200 $45,440 $206,760
2023 $5,022 $173,160 $43,120 $130,040
2022 $5,093 $161,080 $38,880 $122,200
2021 $3,732 $114,560 $30,240 $84,320
2020 $2,868 $85,840 $26,240 $59,600
2019 $2,466 $77,320 $23,320 $54,000
2018 $2,440 $77,320 $23,320 $54,000
2017 $2,574 $74,720 $23,320 $51,400
2016 $2,080 $63,760 $18,160 $45,600
2015 $2,038 $61,560 $18,160 $43,400
2014 $2,009 $59,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7179222

First Multiple Listing Service (FMLS)

APN: C081000000023D00