NOT LISTED FOR SALE

4 Package Covington, GA 30014

Estimated Value: $128,000 - $181,000

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold August 04, 2021

Last sale price $335,000

Current estimated payment $1,016/month

4 Days on Market

Highlights

  • 4 Fireplaces
  • Central Heating and Cooling System
  • 4-minute walk to B. C. Crowell Park
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2021

Cash Flow! Cash Flow! Cash Flow! 2 duplexes for sale in historic Porterdale. 3 units out of the 4 are fully renovated. Total rents are $3,600 per month. 3 units has 1 bedroom and 1 bathroom and 1 units ha 2 bedrooms and 1 bath. 14 Hemlock , Unit A 2/1 rents got $1050 per month. Unit B 1/1 rents got $950 per month. This location is prime because it is across the street from the Porterdale park. 31 Ivy st, Unit A 1/1 rents for $750 per month. Unit B 1/1 rents for $850 per month. May also be sold separately.

Last Agent to Sell the Property

Andre Merkerson

Prestige Realty Services License #392210 Listed on: 07/17/2021

Last Buyer's Agent

Veronica Blakely

Village Premier Collection License #389891

Village Premier Collection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1916

Lot Details

  • 4,792

Home Design

  • Duplex
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 4 Fireplaces

Schools

  • Middle Ridge Elementary School
  • Clements Middle School
  • Newton High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1916
  • Financing Type: Cash
  • Levels: One
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: Middle Ridge
  • High School: Newton
  • Middle School: Clements

Multi Family

  • Total Fireplaces: 4
  • NumberOfUnitsTotal: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
Jiya Investment Group Llc
Bought by
Ifedi Franklin and Lewis Bailey C
Current Estimated Value
$155,637

Purchase Details

Closed on
Sep 3, 2024
Sold by
Ifedi Chidi
Bought by
Jiya Investment Group Llc and Krisna Investment Llc

Purchase Details

Listed on
Jul 17, 2021
Closed on
Aug 4, 2021
Sold by
Ifedi Chidi
Bought by
Ifedi Chidi and Ifedi Franklin
Seller's Agent
Andre Merkerson
Prestige Realty Services
Buyer's Agent
Veronica Blakely
Village Premier Collection
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.54%

Purchase Details

Closed on
Apr 1, 2021
Sold by
Bailey C Lewis
Bought by
Victor Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Elliott Robert Craig
Bought by
Bailey C Lewis and Bailey Gail D

Purchase Details

Closed on
Jun 16, 2005
Sold by
Lamondo Robin L
Bought by
Elliott Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1996
Sold by
Mitchum Lem Rita A
Bought by
Lamondo Robin L
Source: Public Records

Range of Values:

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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
Ifedi Franklin $120,000 --
Jiya Investment Group Llc $100,000 --
Ifedi Chidi -- --
Ifedi Chidi $335,000 --
Victor Guy $100,000 --
Bailey C Lewis $21,000 --
Elliott Robert C $58,900 --
Lamondo Robin L $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victor Guy $115,000
Previous Owner Elliott Robert C $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $335,000 -4.3% --
07/17/2021 07/17/21 For Sale $350,000 -- --
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 $2,428 $61,880 $10,000 $51,880
2023 $2,182 $53,040 $5,600 $47,440
2022 $1,645 $42,600 $5,600 $37,000
2021 $1,019 $22,960 $5,600 $17,360
2020 $684 $20,360 $5,600 $14,760
2019 $666 $19,520 $5,600 $13,920
2018 $619 $18,040 $5,600 $12,440
2017 $288 $12,760 $3,200 $9,560
2016 $438 $12,760 $3,200 $9,560
2015 $419 $12,200 $3,200 $9,000
2014 $260 $13,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9016744

Georgia MLS

APN: P002000000194J00