$90,000
SOLD SEP 25, 2024

331 Highway 162 Covington, GA 30016

4 Beds
1 Bath
2,848 Sq Ft
1.16 Acres

Recently Sold

$32 Per Sq Ft

14% Below List Price

84 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • High Ceiling
  • Den
  • Fenced

About This Home

As of September 2024

**SELLER LIVES IN HOME** Calling all investors who have been searching for that perfect Farmhouse to bring back to life! This could be your dream statement and the perfect ROI you have been searching for. So much history in this 1900s farmhouse that sits on over an acre lot... if walls could talk. With 2848-sf waiting for the right person to add some personality and restore its former beauty, this 2-story farmhouse house is priced to sell. ONLY SERIOUS buyers who know how to handle a project of this size need to look. THIS IS NOT FOR BEGINNER FLIPPERS as it is a total rehab. Some piers have been replaced in the crawlspace, structural engineers have inspected, and some new plumbing has been done. The rest is up to your imagination. We do have a drawing of the original homefront for inspiration. (DO NOT APPROACH HOUSE WITHOUT APPOINTMENT) *Possible owner financing with agreed on terms*

Last Agent to Sell the Property

Vicki Rickett

PVH Real Estate License #345426 Listed on: 07/03/2024

Last Buyer's Agent

Ginna De La Pena

Virtual Properties Realty.com License #433187

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $376

Year Built

  • Built in 1930

Lot Details

  • 1.16 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Block Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room with Fireplace
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • South Salem Elementary School
  • Liberty Middle School
  • Alcovy High School

Utilities

  • No Heating
  • 220 Volts
  • Septic Tank

Community Details

  • No Home Owners Association
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$376

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 1.16
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2848
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: None
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 2848
  • Above Grade Finished Sq Ft: 2848
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 1
  • Fireplace Features: Family Room
  • Flooring: Hardwood
  • Price Per Square Foot: 31.6011

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Fencing: Fenced
  • Foundation Details: Block, Pillar/Post/Pier
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Property Condition: Fixer
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 3

Utilities

  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: South Salem
  • High School: Alcovy
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: South Salem
  • Middle School: Liberty
  • High School: Alcovy

Lot Info

  • Deed Book: 3289
  • Deed Page: 23

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 376

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 18, 2024
Sold by
Torres Andres
Bought by
Kuroouni & Asociados Llc
Seller's Agent
Vicki Rickett
PVH Real Estate
Buyer's Agent
Ginna De La Pena
Virtual Properties Realty.com
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Total Days on Market
84
Views
224
Current Estimated Value
$92,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,499
Avg. Annual Appreciation
4.11%
Original Mortgage
$80,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 16, 2024
Sold by
Lindsey Darren
Bought by
Torres Andres
Seller's Agent
Vicki Rickett
PVH Real Estate
Buyer's Agent
Ginna De La Pena
Virtual Properties Realty.com
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2014
Closed on
Dec 9, 2014
Sold by
Southeastern Real Estate And D
Bought by
Lindsey Darren
Seller's Agent
Tonya Bullard
Pinnacle Realtors
Buyer's Agent
Travis Moore
Hometown Realty Consultants
List Price
$35,000
Sold Price
$7,500
Premium/Discount to List
-$27,500
-78.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.93%

Purchase Details

Closed on
May 6, 2014
Sold by
Walton Melissa S
Bought by
Southeastern Real Estate Devel

Purchase Details

Closed on
Oct 2, 2007
Sold by
Johnson Faith W
Bought by
Walton Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,044
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 --
Warranty Deed $90,000 --
Warranty Deed $7,500 --
Foreclosure Deed $64,675 --
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Closed $80,000 New Conventional
Previous Owner $51,044 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $90,000 -14.3% $32 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $105,000 0.0% $37 / Sq Ft
09/19/2024 09/19/24 For Sale $105,000 -16.0% $37 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $125,000 -7.3% $44 / Sq Ft
08/07/2024 08/07/24 Price Changed $134,900 -3.6% $47 / Sq Ft
07/22/2024 07/22/24 Price Changed $140,000 -5.9% $49 / Sq Ft
07/03/2024 07/03/24 For Sale $148,700 +1882.7% $52 / Sq Ft
12/16/2014 12/16/14 Sold $7,500 -71.2% $3 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
09/04/2014 09/04/14 Price Changed $26,000 -13.0% $9 / Sq Ft
07/01/2014 07/01/14 Price Changed $29,900 -14.6% $10 / Sq Ft
05/20/2014 05/20/14 For Sale $35,000 -- $12 / 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
2024 $297 $15,600 $7,400 $8,200
2023 $299 $14,880 $7,400 $7,480
2022 $376 $13,840 $7,400 $6,440
2021 $324 $10,680 $6,200 $4,480
2020 $374 $11,120 $7,480 $3,640
2019 $370 $10,840 $7,480 $3,360
2018 $365 $10,640 $7,480 $3,160
2017 $277 $8,080 $5,000 $3,080
2016 $265 $7,720 $5,000 $2,720
2015 $103 $7,280 $5,000 $2,280
2014 $897 $25,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10332061

Georgia MLS

APN: 0045A00000068000