$250,000
SOLD FEB 11, 2025

462 Covington St Jackson, GA 30233

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

3% Below List Price

48 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2025

Beautiful, Income producing triplex in Downtown Jackson! All 3 units have 1 bedroom, 1 full bathroom and access to parking. This property is perfect for cash flow and long term appreciation. The two occupied units gross $750/each and the vacant, updated unit, will rent for $850+ per month. Perfect for house hacking if you want to pay your mortgage with your rental income!

Last Agent to Sell the Property

Brittany Peck

Peach State Realty License #361878 Listed on: 11/18/2024

Last Buyer's Agent

Robert Weaver

Georgia Real Estate Team License #430673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1972

Parking

  • Parking Pad

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space

Schools

  • Stark Elementary School
  • Henderson Middle School
  • Jackson High School

Additional Features

  • 0.34 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Downtown Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,254

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .34
  • Structure Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stark
  • High School: Jackson
  • Middle School: Henderson

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1254.34

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Feb 11, 2025
Sold by
Vibe Investment Group Llc
Bought by
Riley Tytravia
Seller's Agent
Brittany Peck
Peach State Realty
Buyer's Agent
Robert Weaver
Georgia Real Estate Team
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Views
28
Current Estimated Value
$245,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,908
Avg. Annual Appreciation
-2.07%
Original Mortgage
$237,500
Outstanding Balance
$235,517
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$9,575

Purchase Details

Closed on
Sep 30, 2022
Sold by
Divestic Ventures
Bought by
Vibe Investment Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $250,000 --
Limited Warranty Deed $126,000 --
Warranty Deed $121,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $250,000 -2.0% --
01/05/2025 01/05/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $255,000 -1.5% --
11/18/2024 11/18/24 For Sale $259,000 -- --
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
2025 $1,370 $59,696 $5,338 $54,358
2024 $1,370 $59,696 $5,338 $54,358
2023 $1,441 $49,906 $5,338 $44,568
2022 $1,353 $49,859 $5,338 $44,521
2021 $1,402 $48,268 $5,338 $42,930
2020 $1,206 $39,959 $5,338 $34,621
2019 $1,183 $40,566 $5,338 $35,228
2018 $961 $31,571 $5,391 $26,180
2017 $978 $31,571 $5,391 $26,180
2016 $1,003 $31,571 $5,391 $26,180
2015 $992 $31,571 $5,391 $26,180
2014 $996 $29,846 $5,391 $24,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10416152

Georgia MLS

APN: J0120-099-000