$155,000
SOLD DEC 28, 2022

35 Plum Orchard Rd Covington, GA 30016

-- Bed
-- Bath
2,128 Sq Ft
0.7 Acres

Recently Sold

$73 Per Sq Ft

33% Below List Price

61 Days on Market

Highlights

  • 0.7 Acre Lot
  • No HOA
  • 1-Story Property
  • 2 Fireplaces
  • Cooling Available
  • Wood Siding

About This Home

As of April 2023

Great investment property. 2 Bd/ 1 Ba. Long term tenants, property management / handy man in place. Both sides leased through April 2023. Seller has other properties for sale. Can work out package deal. Cash flow from day one. True turnkey rental. Please do not disturb tenants. No showings until due diligence period.

Last Agent to Sell the Property

Loren Steele

Virtual Properties Realty.Net License #362566 Listed on: 10/05/2022

Virtual Properties Realty.Net

Last Buyer's Agent

Anthony Fontana

Cornerstone Real Estate Partners License #395599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1984

Lot Details

  • 0.7 Acre Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces

Parking

  • Parking Pad
  • Off-Street Parking

Schools

  • West Newton Elementary School
  • Veterans Memorial Middle School
  • Newton High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Plum Orchard Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,237

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1984
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .70
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 299857

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Septic Tank
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: West Newton
  • High School: Newton
  • Middle School: Veterans Memorial
  • Elementary School: West Newton
  • Middle School: Veterans Memorial
  • High School: Newton

Rental Info

  • Owner Pays: Other

Multi Family

  • Total Fireplaces: 2
  • NumberOfUnitsTotal: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 6, 2023
Sold by
Trade Winds Consulting Llc
Bought by
Aubrey Morris Llc
Seller's Agent
Allen Steigman
America Realty LLC
Buyer's Agent
Tina Jingru Sui
Real Broker LLC
List Price
$280,000
Sold Price
$280,000
Views
391
Current Estimated Value
$273,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,379
Avg. Annual Appreciation
-0.71%
Original Mortgage
$196,000
Outstanding Balance
$191,661
Interest Rate
6.73%
Mortgage Type
Mortgage Modification
Estimated Equity
$83,698

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 15, 2022
Sold by
Equity Trust Co Custodian Fbo
Bought by
Trade Winds Consulting Llc
Seller's Agent
Loren Steele
Virtual Properties Realty.Net
Buyer's Agent
Anthony Fontana
Cornerstone Real Estate Partners
List Price
$230,000
Sold Price
$155,000
Premium/Discount to List
-$75,000
-32.61%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
793.73%

Purchase Details

Closed on
Mar 6, 2012
Sold by
Denio Williams C
Bought by
Equity Trust Company and 101676 Ira

Purchase Details

Closed on
Apr 21, 2006
Sold by
Denio William C and Denio Betty W
Bought by
Denio William C and Denio Betty W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $280,000 --
Warranty Deed $155,000 --
Foreclosure Deed $18,948 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 Mortgage Modification
Previous Owner $96,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $280,000 0.0% $132 / Sq Ft
02/17/2023 02/17/23 For Sale $280,000 +80.6% $132 / Sq Ft
12/28/2022 12/28/22 Sold $155,000 -26.2% $73 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $209,900 -4.5% $99 / Sq Ft
10/19/2022 10/19/22 Price Changed $219,900 -4.4% $103 / Sq Ft
10/05/2022 10/05/22 For Sale $230,000 -- $108 / 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 $2,873 $111,560 $6,400 $105,160
2023 $1,729 $62,400 $6,400 $56,000
2022 $1,237 $43,880 $6,400 $37,480
2021 $1,199 $38,000 $6,400 $31,600
2020 $1,231 $36,640 $6,400 $30,240
2019 $1,257 $36,840 $6,400 $30,440
2018 $609 $35,480 $6,400 $29,080
2017 $618 $18,000 $4,400 $13,600
2016 $519 $15,120 $2,427 $12,693
2015 $519 $15,120 $2,600 $12,520
2014 $517 $15,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20078226

Georgia MLS

APN: 0012B00000061000