NOT LISTED FOR SALE

40 Silvey Dr Covington, GA 30016

Estimated Value: $378,906 - $402,000

5 Beds
3 Baths
3,598 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $355,000 $99 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,422/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Home Office
  • 1 Fireplace
  • Tennis Courts
  • Tray Ceiling

About This Home

As of April 2022

WELCOME HOME!!! THIS WON'T LAST!!!! Spacious and clean 2 story traditional family home in the Reserve at Lakewood Estates. Move-in ready!!!! This home features an open concept with a large open kitchen with ample cabinets, pantry, and breakfast area overlooking the sunken family room with fireplace. The more formal living and dining rooms feature architectural columns and molding. On the main level, the flex room can be used as a bedroom, office, or additional entertaining space- so nice to have that flexibility! Upstairs, you’ll find large secondary bedrooms with walk-in closets. The huge owner’s suite features a sitting area, vaulted ceiling, two walk-in closets, and owner’s bath with dual vanities, separate shower, and garden tub. The community features 3 lakes, swimming, tennis, clubhouse & pavilion, and more!! The location is just minutes from the interstate yet convenient to Historic Covington and Old Town Conyers. Agents, make ALL showing requests via Showingtime. Masks are required.

Last Agent to Sell the Property

Joan Giles

Keller Williams West Atlanta License #383914 Listed on: 03/24/2022

Keller Williams West Atlanta

Last Buyer's Agent

Anthony Thomas

HomeSmart License #374529

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 2009

Lot Details

  • 2,614 Sq Ft Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,598 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • West Newton Elementary School
  • Clements Middle School
  • Newton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 207

Community Details

Overview

  • $300 Initiation Fee
  • Association fees include swimming, tennis
  • Lakewood Estates Subdivision

Recreation

  • Tennis Courts
  • Swim Team

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,727

Year Built

Built in 2009

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • ArchitecturalStyle: Traditional
  • Financing Type: Other
  • Levels: Two
  • Lot Size Acres: 0.06
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3598
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 3598
  • Above Grade Finished Sq Ft: 3598
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Two Story Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 98.67

Beds/Baths

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

Exterior Features

  • Construction Materials: Other
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 275
  • Association: Yes
  • Community Features: Swim Team, Tennis Court(s)

Fee Information

  • Initiation Fee: 300
  • Association Fee Includes: Swimming, Tennis

Schools

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

Lot Info

  • Lot: 207

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2726.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 29, 2022
Sold by
Branch Christina
Bought by
Branch Christina and Branch Troy Alexander
Seller's Agent
Joan Giles
Keller Williams West Atlanta
Buyer's Agent
Anthony Thomas
HomeSmart
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Current Estimated Value
$389,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,227
Avg. Annual Appreciation
1.30%
Original Mortgage
$340,000
Outstanding Balance
$323,063
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$47,951

Purchase Details

Closed on
Jan 14, 2010
Sold by
Branch Bkng & Trust Co
Bought by
Williams Lecresha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,456
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2009
Sold by
Legacy Cmntys Of Lakewood Esta
Bought by
Branch Banking & Trust Co
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 Buyer Sale Price Title Company
Branch Christina -- --
Branch Christina $355,000 --
Williams Lecresha $134,900 --
Branch Banking & Trust Co $160,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branch Christina $340,000
Previous Owner Williams Lecresha $132,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $355,000 +6.0% $99 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $335,000 -- $93 / 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 $4,035 $159,280 $19,200 $140,080
2023 $3,786 $139,520 $7,200 $132,320
2022 $3,011 $114,840 $7,200 $107,640
2021 $2,609 $89,920 $7,200 $82,720
2020 $2,341 $73,560 $7,200 $66,360
2019 $2,405 $74,400 $7,200 $67,200
2018 $2,057 $63,800 $7,200 $56,600
2017 $1,899 $59,200 $7,200 $52,000
2016 $1,981 $61,600 $6,400 $55,200
2015 $1,620 $49,360 $6,400 $42,960
2014 $1,028 $32,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joan Giles

    Seller's Agent in 2022

    Joan Giles

    Keller Williams West Atlanta

    (404) 558-3720

    1 in this area

    40 Total Sales

    Joan Giles
    Section Image
  • Anthony Thomas

    Buyer's Agent in 2022

    Anthony Thomas

    HomeSmart

    (205) 422-2254

    3 in this area

    131 Total Sales

    Anthony Thomas
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20028425

Georgia MLS

APN: 0012E00000207000

Georgia Newton County Covington 30016

40 Silvey Dr, Covington, GA

This home is located at 40 Silvey Dr, Covington, GA 30016 since 24 March 2022 and is currently estimated at $389,227, approximately $108 per square foot. This property was built in 2009. 40 Silvey Dr is a home located in Newton County with nearby schools including West Newton Elementary School, Clements Middle School, and Newton High School.

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