NOT LISTED FOR SALE

40 Valley Rd Covington, GA 30016

Estimated Value: $252,000 - $277,000

3 Beds
2 Baths
1,288 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $57,000 $44 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $1,673/month

19 Days on Market

About This Home

As of November 2015

DON'T MISS OUT ON THIS CUTE STARTED HOME IN GREAT LOCATION! THIS PROPERTY HAS A LARGE LOT (OVER AN ACRE) PERFECT FOR KIDS AND PETS - ALREADY FENCED . THE INTERIOR FEATURES GOOD SIZED ROOMS AND TILED BATHS. This property is eligible under the Freddie Mac First Look Initiative through 11/15/2015.

Last Agent to Sell the Property

Tricia Dorn

Colony Properties License #175688 Listed on: 10/30/2015

Last Buyer's Agent

ROBERTO CORTEZ

BHGRE Metro Brokers License #324547

BHGRE Metro Brokers

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,250

Year Built

  • 1999

Lot Details

  • 1.45

Interior Spaces

  • 1,288 Sq Ft Home
  • Crawl Space

Utilities

  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$2,250

Year Built

1999

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1999

Interior Features

  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Crawlspace
  • Interior Amenities: Cable In Street, Cable TV Connections, Tile Bath, Wall-to-wall Carpet
  • Above Grade Finished Sq Ft: 1288

Exterior Features

  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Water/Sewer: Public Water, Septic Tank

Schools

  • High School Bus: Yes
  • Elementary School: West Newton / Newton / Newton County, GA
  • Middle School: Veterans Memorial / Newton / Newton County, GA
  • High School: Newton / Newton / Newton County, GA

Lot Info

  • Lot Description: Level Lot, Open Land, Wooded
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Nov 25, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Benavides Angel Martinez and Venavidez Victoria
Seller's Agent
Tricia Dorn
Colony Properties
Buyer's Agent
ROBERTO CORTEZ
BHGRE Metro Brokers
List Price
$72,760
Sold Price
$57,000
Premium/Discount to List
-$15,760
-21.66%
Total Days on Market
19
Current Estimated Value
$265,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,529
Avg. Annual Appreciation
17.42%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 1, 2015
Sold by
Carpenter Scott
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 30, 1999
Sold by
Smith Robert K
Bought by
Carpenter William S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.7%
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
Benavides Angel Martinez $57,000 --
Federal Home Loan Mortgage Corporation $60,786 --
Wells Fargo Bank Na $60,786 --
Carpenter William S $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carpenter Scott $25,000
Previous Owner Carpenter William S $10,800
Previous Owner Carpenter William S $73,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $57,000 -12.2% $44 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
11/04/2015 11/04/15 Price Changed $64,900 -10.8% $50 / Sq Ft
10/30/2015 10/30/15 For Sale $72,760 -- $56 / 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 $2,250 $88,840 $14,000 $74,840
2023 $2,143 $78,960 $7,200 $71,760
2022 $1,689 $62,240 $7,200 $55,040
2021 $1,401 $46,200 $7,200 $39,000
2020 $1,355 $40,320 $7,200 $33,120
2019 $1,285 $37,680 $4,800 $32,880
2018 $624 $36,360 $4,800 $31,560
2017 $787 $22,920 $3,400 $19,520
2016 $783 $23,920 $4,400 $19,520
2015 $724 $25,000 $4,400 $20,600
2014 $724 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07545081

Georgia MLS

APN: 0013000000027C00