NOT LISTED FOR SALE

40 Homestead Way Covington, GA 30014

Estimated Value: $396,268 - $463,000

4 Beds
2 Baths
3,701 Sq Ft
$115/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $178,000 $48 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,575/month

119 Days on Market

Highlights

  • Dining Room
  • Eastside High School Rated A-
  • Family Room

About This Home

As of March 2015

You will love this home! This home is 4bd/2.5bath and is a brick front. Grand Foyer entrance with formal living room, formal dining, oversized gourmet kitchen with large breakfast room. Large family room with fireplace, butler's pantry, Enormous master with sitting area and separate tub, shower with dual vanities and his and hers closets. All new carpet and renovations made! This won't last long!

Last Agent to Sell the Property

Jean Kimpson

Legacy Key Real Estate License #128814 Listed on: 10/28/2014

Last Buyer's Agent

Tammy Emam

BHHS Georgia Properties License #172378

BHHS Georgia Properties

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $3,883

Year Built

  • 2007

Lot Details

  • 0.3

Home Design

  • Slab Foundation

Interior Spaces

  • 3,701 Sq Ft Home
  • Family Room
  • Dining Room

Schools

  • Middle Ridge / Newton / Newton County Elementary School
  • Cousins / Newton / Newton County Middle School
  • Alcovy / Newton / Newton County High School

Utilities

  • Electric Water Heater

Property Details

Home Type

Other

Est. Annual Taxes

$3,883

Year Built

2007

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2007

Interior Features

  • Fireplace(s): 1
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Icemaker Line, Built-In Microwave, Range/Oven
  • Interior Amenities: Cable TV Connections, Trey Ceilings, 2 Story Foyer, Garden Tub, Hardwood Floors, Recently Renovated, Separate Shower, Walk-in Closet, Wall-to-wall Carpet
  • Above Grade Finished Sq Ft: 3701

Exterior Features

  • Construction: Brick Front, Wood Siding

Garage/Parking

  • Parking: 3 Car Or More, Auto Garage Door

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric, Gas
  • Heating: Central
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water

Schools

  • Elementary School: Middle Ridge / Newton / Newton County, GA
  • High School: Alcovy / Newton / Newton County, GA
  • Middle School: Cousins / Newton / Newton County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Mar 31, 2015
Sold by
Federal National Mortgage Association
Bought by
Haggard Eric W and Haggard Kimberly C
Seller's Agent
Jean Kimpson
Legacy Key Real Estate
Buyer's Agent
Tammy Emam
BHHS Georgia Properties
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%
Current Estimated Value
$424,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,567
Avg. Annual Appreciation
8.61%
Original Mortgage
$142,400
Outstanding Balance
$110,019
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$314,548

Purchase Details

Closed on
Jul 15, 2014
Sold by
Spence Joseph
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Sep 25, 2007
Sold by
D R Horton Inc
Bought by
Spence Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,640
Interest Rate
6.44%
Mortgage Type
New Conventional
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
Haggard Eric W -- --
Federal National Mtg Associati -- --
Spence Joseph $211,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haggard Eric W $142,400
Previous Owner Spence Joseph $211,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $178,000 +6.0% $48 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/12/2015 02/12/15 Price Changed $168,000 -6.6% $45 / Sq Ft
02/05/2015 02/05/15 For Sale $179,900 +1.1% $49 / Sq Ft
01/29/2015 01/29/15 Off Market $178,000 -- --
01/09/2015 01/09/15 Price Changed $179,900 -5.3% $49 / Sq Ft
12/02/2014 12/02/14 Price Changed $189,900 -5.0% $51 / Sq Ft
10/28/2014 10/28/14 For Sale $199,900 -- $54 / 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 $3,883 $154,680 $21,600 $133,080
2023 $4,145 $154,320 $10,000 $144,320
2022 $3,345 $124,840 $10,000 $114,840
2021 $3,251 $109,040 $10,000 $99,040
2020 $3,137 $95,720 $10,000 $85,720
2019 $3,128 $94,080 $10,000 $84,080
2018 $2,930 $87,720 $10,000 $77,720
2017 $3,128 $93,480 $11,200 $82,280
2016 $2,206 $66,640 $9,000 $57,640
2015 $1,670 $47,280 $3,200 $44,080
2014 -- $47,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07356903

Georgia MLS

APN: 0083B00000188000