$155,000
SOLD FEB 14, 2020

40 Magnolia Walk Covington, GA 30016

3 Beds
2 Baths
1,780 Sq Ft
0.51 Acres

Recently Sold

$87 Per Sq Ft

16% Below List Price

Highlights

  • Deck
  • Private Lot
  • Formal Dining Room
  • Wood Burning Stove
  • Bonus Room
  • Cul-De-Sac

About This Home

As of February 2020

This Covington home features a kitchen breakfast bar, a walk-in closet in the master suite, a covered patio in the private backyard, and a two-car garage.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 11/25/2019

Mainstay Brokerage LLC

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,813

Year Built

  • Built in 1995

Lot Details

  • 0.51 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Carpet
  • Security System Owned
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deck

Schools

  • Fairview - Newton Elementary School
  • Clements Middle School
  • Newton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 110 Volts

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 0025C00000019000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,813

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1995
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Living Room, Wood Burning Stove
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1780.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Other Structures: Garage(s)
  • Construction Materials: Stucco
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Main Level
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Subdivision Complex: MAGNOLIA

Schools

  • Elementary School: Fairview - Newton
  • Middle School: Clements
  • High School: Newton

Lot Info

  • Acres: 0.5100
  • Lot: 5
  • Land/Lot: 199
  • Plat Book: 27
  • Plat Page: 160
  • Lot Features: Cul-De-Sac, Front Yard, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 0025C00000019000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1813.00
  • Assessor Parcel Number: 0025C00000019000
  • Close Date: 2020-02-14
  • Tax Year: 2018

MLS Schools

  • Elementary School: Fairview - Newton
  • High School: Newton
  • Middle School: Clements

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Progress Atlanta Llc
Bought by
Progress Residential Borrower 16 Llc
Current Estimated Value
$280,311

Purchase Details

Listed on
Nov 25, 2019
Closed on
Feb 14, 2020
Sold by
Opendoor Property Trust I
Bought by
Progress Atlanta Llc
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Atl Residential 1 Llc
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Aug 27, 2013
Closed on
Jul 1, 2013
Sold by
Secretary Of Housing And U
Bought by
Atl Residential 1 Llc
Seller's Agent
Joe Watkins
YesiRealty
Buyer's Agent
Glenda Broker
Non-Mls Company
Sold Price
$945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Sep 17, 2004
Sold by
Batton Fred
Bought by
Stephens Jabar and Stephens Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,564
Interest Rate
5.78%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 2004
Sold by
Batton Fred
Bought by
Bee Trust

Purchase Details

Closed on
Jun 11, 2001
Sold by
Lantz Matthew S and Lantz Teresa L
Bought by
Daniel Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
7.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $155,000 --
Warranty Deed $148,396 --
Warranty Deed $72,750 --
Warranty Deed $46,000 --
Foreclosure Deed $46,400 --
Deed $148,900 --
Quit Claim Deed -- --
Deed $129,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $146,564 VA
Previous Owner $127,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Rented $1,900 0.0% --
06/13/2023 06/13/23 Price Changed $1,900 -2.1% $1 / Sq Ft
06/12/2023 06/12/23 For Rent $1,940 0.0% --
02/14/2020 02/14/20 Sold $155,000 -13.9% $87 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $180,000 -1.1% $101 / Sq Ft
12/12/2019 12/12/19 Price Changed $182,000 -1.6% $102 / Sq Ft
11/25/2019 11/25/19 For Sale $185,000 0.0% $104 / Sq Ft
08/27/2013 08/27/13 Rented $945 0.0% --
08/27/2013 08/27/13 For Rent $945 0.0% --
07/01/2013 07/01/13 Sold $72,750 -3.0% $41 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $75,000 -- $42 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,516 $97,960 $17,600 $80,360
2023 $2,527 $91,880 $7,200 $84,680
2022 $2,137 $77,480 $7,200 $70,280
2021 $2,055 $66,640 $7,200 $59,440
2020 $1,958 $57,280 $7,200 $50,080
2019 $1,772 $50,960 $7,200 $43,760
2018 $1,813 $51,840 $7,200 $44,640
2017 $1,648 $47,040 $7,200 $39,840
2016 $1,569 $44,720 $7,200 $37,520
2015 $1,523 $43,400 $7,200 $36,200
2014 $1,029 $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6649252

First Multiple Listing Service (FMLS)

APN: 0025C00000019000