NOT LISTED FOR SALE

498 Covered Bridge Rd Covington, GA 30016

Estimated Value: $35,811 - $44,000

1.39 Acres
$27,773 Price per Acre
60,548 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $21,300

Est. 81% increase in value since last sale

Current estimated payment $222/month

Highlights

  • 1.39 Acre Lot
  • Creek On Lot
  • Landscaped with Trees

About This Lot

As of August 2020

USDA 100% Financing! A Tranquil Piece of Paradise! This property boasts the historic site of the Old Covered Bridge. Watch the family of owls, deer, and other wildlife play on the land and listen to the flowing river. The magnificent timber and the therapeutic sounds of the whitewater, create a setting that is unmatched at any price! Conveniently located to Covington, Conyers and McDonough with easy access to I-20 and downtown Atlanta.

Last Agent to Sell the Property

Shannon Watkins

Watkins Real Estate Associates License #272364 Listed on: 08/31/2019

Watkins Real Estate Associates

Co-Listed By

Connie Craig

The Legacy Real estate Group, LLC License #370093

Last Buyer's Agent

Melodie Swain

NOT A VALID MEMBER License #374399

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $206

Lot Details

  • 1.39 Acre Lot
  • Landscaped with Trees
  • Property is zoned R3

Outdoor Features

  • Creek On Lot

Schools

  • Oak Hill Elementary School
  • Veterans Memorial - Newton Middle School
  • Alcovy High School

Listing and Financial Details

  • Assessor Parcel Number 0018000000015B00

Property Details

Property Type

Land

Est. Annual Taxes

$206

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Land

Schools

  • Elementary School: Oak Hill
  • Middle School: Veterans Memorial - Newton
  • High School: Alcovy

Lot Info

  • Acres: 1.3900
  • Timber: Mixed
  • Land/Lot: yes
  • Current Zoning: R3
  • Lot Features: Creek On Lot
  • Parcel Number: 0018000000015B00
  • Price Acre Dollar: 15323.74
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1.00
  • Assessor Parcel Number: 0018000000015B00
  • Close Date: 2020-08-11
  • Tax Year: 2017

MLS Schools

  • Elementary School: Oak Hill
  • High School: Alcovy
  • Middle School: Veterans Memorial - Newton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Aug 17, 2020
Sold by
Bloodworth William G
Bought by
Wilbanks Blake
Seller's Agent
Shannon Watkins
Watkins Real Estate Associates
Buyer's Agent
Melodie Swain
NOT A VALID MEMBER
List Price
$24,900
Sold Price
$21,300
Premium/Discount to List
-$3,600
-14.46%
Current Estimated Value
$38,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,304
Avg. Annual Appreciation
35.04%
Original Mortgage
$17,300
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilbanks Blake $21,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wilbanks Blake $17,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $21,300 -13.1% --
07/20/2020 07/20/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $24,500 -1.6% --
11/11/2019 11/11/19 For Sale $24,900 0.0% --
09/26/2019 09/26/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $24,900 -- --
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 $206 $8,120 $8,120 $0
2023 $220 $8,120 $8,120 $0
2022 $220 $8,120 $8,120 $0
2021 $246 $8,120 $8,120 $0
2020 $242 $7,200 $7,200 $0
2019 $246 $7,200 $7,200 $0
2018 $247 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Watkins

    Seller's Agent in 2020

    Shannon Watkins

    Watkins Real Estate Associates

    (678) 898-8054

    241 Total Sales

    Shannon Watkins
    Section Image
  • Connie Craig

    Seller Co-Listing Agent in 2020

    Connie Craig

    The Legacy Real estate Group, LLC

    (678) 492-5698

    2 in this area

    49 Total Sales

    Connie Craig
    Section Image

  • M

    Buyer's Agent in 2020

    Melodie Swain

    NOT A VALID MEMBER

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6610578

First Multiple Listing Service (FMLS)

APN: 0018000000015B00

Georgia Newton County Covington 30016

498 Covered Bridge Rd, Covington, GA

This home is located at 498 Covered Bridge Rd, Covington, GA 30016 since 31 August 2019 and is currently estimated at $38,604. 498 Covered Bridge Rd is a home located in Newton County with nearby schools including Oak Hill Elementary School, Veterans Memorial Middle School, and Alcovy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes