NOT LISTED FOR SALE

48 Gum Tree Ct Covington, GA 30016

Estimated Value: $251,930 - $280,000

-- Bed
4 Baths
2,350 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $260,000 $111 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,552/month

16 Days on Market

Highlights

  • 1.57 Acre Lot
  • 1-Story Property
  • Wood Siding
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2024

Great Investment property! One unit has 3 bdrms/2 bths, the other has 2 bdrms/1bath. Units feature hardwood and tile throughout, fully equipped kitchen, large driveway and back yard.

Last Agent to Sell the Property

Logan Cook

Keller Williams Realty Atl. Partners License #209187 Listed on: 09/24/2024

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Dawn Alexander

All in One International RealtyGroup License #336677

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1985

Lot Details

  • 1.57

Parking

  • Parking Pad

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Schools

  • West Newton Elementary School
  • Veterans Memorial Middle School
  • Newton High School

Additional Features

  • 1-Story Property
  • 1.57 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Gum Tree Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 1.57
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: West Newton
  • High School: Newton
  • Middle School: Veterans Memorial

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1729

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 14, 2024
Sold by
Dror Shahar
Bought by
Longview Creekside 165 Estate Llc
Seller's Agent
Logan Cook
Keller Williams Realty Atl. Partners
Buyer's Agent
Dawn Alexander
All in One International RealtyGroup
List Price
$315,000
Sold Price
$260,000
Premium/Discount to List
-$55,000
-17.46%
Views
11
Current Estimated Value
$263,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,733
Avg. Annual Appreciation
1.44%
Original Mortgage
$208,000
Outstanding Balance
$206,051
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$57,682

Purchase Details

Closed on
Jun 7, 2018
Sold by
Djs Property Management Ll
Bought by
Dror Shahar and Iancu Ehud

Purchase Details

Closed on
Apr 3, 2015
Sold by
Earlycutt Kim Ann
Bought by
Djs Property Management Llc

Purchase Details

Closed on
Oct 15, 2014
Sold by
Earlycutt Kim Ann
Bought by
Earlycutt Family Trust

Purchase Details

Closed on
Apr 2, 2014
Sold by
Marshburn Bryan
Bought by
Earlycutt Kim Ann

Purchase Details

Closed on
Aug 5, 2008
Sold by
Brown Laverne
Bought by
Ownit Trust Series 2006-3

Purchase Details

Closed on
Feb 1, 2006
Sold by
Basi Gulbarg S
Bought by
Brown Lavern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2000
Sold by
Dillard Gayla J
Bought by
Guilfords Jewel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,750
Interest Rate
7.72%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Longview Creekside 165 Estate Llc $260,000 --
Dror Shahar $109,000 --
Djs Property Management Llc $60,000 --
Earlycutt Family Trust -- --
Earlycutt Kim Ann $86,000 --
Ownit Trust Series 2006-3 $44,100 --
Brown Lavern $149,900 --
Guilfords Jewel Inc -- --
Dillard Gayla J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longview Creekside 165 Estate Llc $208,000
Previous Owner Brown Lavern $134,900
Previous Owner Dillard Gayla J $53,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $260,000 -17.5% $111 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/24/2024 09/24/24 For Sale $315,000 -- $134 / 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 $1,919 $73,720 $6,400 $67,320
2023 $1,903 $68,240 $6,400 $61,840
2022 $1,325 $46,960 $6,400 $40,560
2021 $1,288 $40,800 $6,400 $34,400
2020 $1,337 $39,800 $6,400 $33,400
2019 $1,379 $40,440 $6,400 $34,040
2018 $1,334 $38,840 $6,400 $32,440
2017 $829 $24,160 $2,600 $21,560
2016 $829 $24,160 $2,600 $21,560
2015 $851 $23,240 $2,600 $20,640
2014 -- $13,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Logan Cook

    Keller Williams Realty Atl. Partners

    (770) 692-0888

    1 in this area

    113 Total Sales

    Logan Cook
    Section Image

  • D

    Buyer's Agent in 2024

    Dawn Alexander

    All in One International RealtyGroup

    (706) 476-0409

    2 in this area

    8 Total Sales

    Dawn Alexander
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10383762

Georgia MLS

APN: 0012000000070000

Georgia Newton County Covington 30016

48 Gum Tree Ct, Covington, GA

Not Listed for Sale

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