NOT LISTED FOR SALE

30 Rainey Way Covington, GA 30016

Estimated Value: $239,000 - $267,000

3 Beds
2 Baths
1,271 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $36,000 $28 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $1,510/month

6 Days on Market

About This Home

As of June 2013

HUD home sold as is - all info deemed reliable- not guaranteed. Off GA 20 between Covington and McDonough - easy commute to both, as well as Conyers Near new branch library and county park. Minimum $1250 comm to selling broker. Unisured for FHA loans - garage conversion For LB info and avialability and bidding info - see private remarks

Last Agent to Sell the Property

Linda Youman

Southern Flair Realty, Inc. License #104185 Listed on: 04/23/2013

Last Buyer's Agent

Denise Major

HomeSmart License #271305

HomeSmart

Property Details

Home Type

  • Other

Year Built

  • 2003

Lot Details

  • 1.64

Home Design

  • Slab Foundation

Interior Spaces

  • 1,271 Sq Ft Home
  • Great Room

Schools

  • Oak Hill / Newton / Newton County Elementary School

Property Details

Home Type

Other

Year Built

2003

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2003

Interior Features

  • Fireplace(s): 1, In Great/Family Room
  • Basement: Slab/None
  • Interior Amenities: Entrance Foyer
  • Total Finished Sq Ft: 1271

Exterior Features

  • Construction: Press Board Siding

Garage/Parking

  • Parking: Parking Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water/Sewer: Public Water

Schools

  • Elementary School: Oak Hill / Newton / Newton County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 25, 2013
Sold by
Secretary Of Housing And U
Bought by
Correa Jose and Velazquez Rosa
Seller's Agent
Linda Youman
Southern Flair Realty, Inc.
Buyer's Agent
Denise Major
HomeSmart
List Price
$40,000
Sold Price
$36,000
Premium/Discount to List
-$4,000
-10%
Current Estimated Value
$247,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,728
Avg. Annual Appreciation
16.68%

Purchase Details

Closed on
Jun 5, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban and Conn C O Michaelson

Purchase Details

Closed on
Sep 1, 2000
Sold by
Silvey Michael R and Silvey Amanda M
Bought by
Ortiz Oscar & Carolina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,944
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1994
Sold by
Barber Homes Inc
Bought by
Silvey Michael Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,950
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Correa Jose $36,000 --
Secretary Of Housing And Urban $140,709 --
Bank Of America Na $140,709 --
Ortiz Oscar & Carolina E $109,000 --
Silvey Michael Amanda $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Oscar & Carolina E $108,944
Previous Owner Silvey Michael Amanda $79,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2013 06/25/13 Sold $36,000 -10.0% $28 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $40,000 -- $31 / Sq Ft
Source: Georgia MLS

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
2025 $2,497 $100,360 $15,200 $85,160
2024 $2,351 $92,800 $15,200 $77,600
2023 $2,037 $75,080 $7,200 $67,880
2022 $1,550 $57,120 $7,200 $49,920
2021 $1,521 $50,160 $7,200 $42,960
2020 $1,404 $41,800 $7,200 $34,600
2019 $1,416 $41,520 $7,200 $34,320
2018 $1,317 $38,360 $7,200 $31,160
2017 $1,060 $30,880 $5,600 $25,280
2016 $900 $26,200 $4,000 $22,200
2015 $1,012 $29,480 $3,200 $26,280
2014 $493 $20,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Youman

    Southern Flair Realty, Inc.

    Section Image
  • Denise Major

    Buyer's Agent in 2013

    Denise Major

    HomeSmart

    (404) 518-1159

    2 Total Sales

    Denise Major
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07085742

Georgia MLS

APN: 0002000000253000

Georgia Newton County Covington 30016

30 Rainey Way, Covington, GA

Not Listed for Sale

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