NOT LISTED FOR SALE

3248 Highway 278 NE Unit 3 Covington, GA 30014

Estimated Value: $4,147,281

-- Bed
-- Bath
2,708 Sq Ft
$1,531/Sq Ft Est. Value

About This Home

This home is located at 3248 Highway 278 NE Unit 3, Covington, GA 30014 and is currently estimated at $4,147,281, approximately $1,531 per square foot. 3248 Highway 278 NE Unit 3 is a home located in Newton County with nearby schools including East Newton Elementary School, Cousins Middle School, and Eastside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
Plk Covington Llc
Bought by
Chul Kang Byung Chul and Chul Byung
Current Estimated Value
$4,147,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2018
Sold by
Ashmi Inc
Bought by
Plk Covington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2005
Sold by
Smithpt William C
Bought by
Ashmi Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.66%

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Chul Kang Byung Chul -- --
Chul Kang Byung Chul $2,360,000 --
Plk Covington Llc -- --
Plk Covington Llc $600,000 --
Ashmi Inc $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chul Kang Byung Chul $1,180,000
Previous Owner Plk Covington Llc $1,475,000
Previous Owner Ashmi Inc $202,000
Source: Public Records

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 $16,350 $464,560 $223,440 $241,120
2023 $19,511 $520,320 $223,440 $296,880
2022 $16,603 $442,760 $223,440 $219,320
2021 $15,081 $365,000 $223,440 $141,560
2020 $16,468 $365,000 $223,440 $141,560
2019 $15,462 $338,840 $202,760 $136,080
2018 $2,697 $117,040 $115,840 $1,200
2017 $5,395 $117,040 $115,840 $1,200
2016 $4,810 $117,040 $115,840 $1,200
2015 $4,817 $117,080 $115,880 $1,200
2014 $4,816 $117,080 $0 $0
Source: Public Records

Map

Georgia Newton County Covington 30014

3248 Highway 278 NE Unit 3, Covington, GA

Homes for Sale in Covington, GA

This home is located at 3248 Highway 278 NE Unit 3, Covington, GA 30014 and is currently estimated at $4,147,281, approximately $1,531 per square foot. 3248 Highway 278 NE Unit 3 is a home located in Newton County with nearby schools including East Newton Elementary School, Cousins Middle School, and Eastside High School.

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