NOT LISTED FOR SALE

50 Moray Place Covington, GA 30014

Estimated Value: $85,000 - $380,000

1.27 Acres
$126,267 Price per Acre
55,321 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $80,000

Est. 100% increase in value since last sale

Current estimated payment $1,008/month

84 Days on Market

Highlights

  • Lake View
  • 1.27 Acre Lot
  • Clubhouse
  • Eastside High School Rated A-
  • Community Lake
  • Wooded Lot

About This Lot

As of February 2023

Excellent opportunity to build your new dream home in Newton County's most prestigious Estate Community. This 1.27 acre basement lot has a partial lake view and is located on a quiet and private cul-de-sac street. Community features club house, tennis courts, pool with gazebo, private community dock. Look no further, your dream just came true.

Last Agent to Sell the Property

Ylijah Brown

Platinum Real Estate, LLC. License #420421 Listed on: 11/15/2022

Platinum Real Estate, LLC.

Last Buyer's Agent

Cassandra Bell

Atlanta Communities License #422601

Atlanta Communities

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $757

Lot Details

  • 1.27 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned A-R

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Schools

  • East Newton Elementary School
  • Indian Creek Middle School
  • Eastside High School

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 0101000000157000

Community Details

Overview

  • Lochwolde Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$757

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: LT 159 LOCHWOLDE UN4
  • Property Type: Land
  • MLS Status: Closed
  • Property Sub Type: Unimproved Land
  • Current Classification: Undeveloped/Zoned Residential
  • Restrictions Requirements: Deed Restrictions
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • View: Lake, Trees/Woods, Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Lake, Park, Playground, Pool, Street Lights, Tennis Court(s)
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Lochwolde

Schools

  • Elementary School: East Newton
  • Middle School: Indian Creek
  • High School: Eastside

Lot Info

  • Acres: 1.2700
  • Lot: 159
  • Timber: Mixed
  • Land/Lot: 159
  • Section G M D: x
  • Current Zoning: A-R
  • Deed Book: 4193
  • Deed Page: 602
  • Plat Book: x
  • Plat Page: x
  • Current Use: Residential
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: x
  • Parcel Number: 0101000000157000
  • Price Acre Dollar: 62992.13
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 757.00
  • Assessor Parcel Number: 0101000000157000
  • Close Date: 2023-02-28
  • Tax Year: 2021

MLS Schools

  • Elementary School: East Newton
  • High School: Eastside
  • Middle School: Indian Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Hughes Eric
Bought by
Hughes Eric and Hughes Kimberly Williams
Current Estimated Value
$160,359

Purchase Details

Listed on
Nov 15, 2022
Closed on
Feb 28, 2023
Sold by
Design Kraft International Inc
Bought by
Hughes Eric
Seller's Agent
Ylijah Brown
Platinum Real Estate, LLC.
Buyer's Agent
Cassandra Bell
Atlanta Communities
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.66%
Original Mortgage
$66,800
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2021
Sold by
Watson Gregory
Bought by
Design Kraft International Inc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Satterfield Const Inc
Bought by
Watson Gregory and Watson Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Hughes Eric -- --
Hughes Eric $80,000 --
Design Kraft International Inc $60,000 --
Watson Gregory $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Eric $66,800
Previous Owner Watson Gregory $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $80,000 -5.8% --
02/07/2023 02/07/23 Pending -- -- --
11/15/2022 11/15/22 For Sale $84,900 -- --
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 $997 $32,000 $32,000 $0
2023 $946 $28,000 $28,000 $0
2022 $729 $20,000 $20,000 $0
2021 $757 $18,800 $18,800 $0
2020 $316 $9,400 $9,400 $0
2019 $458 $13,440 $13,440 $0
2018 $461 $13,440 $13,440 $0
2017 $461 $13,440 $13,440 $0
2016 $240 $7,000 $7,000 $0
2015 $279 $4,200 $4,200 $0
2014 $217 $2,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2023

    Ylijah Brown

    Platinum Real Estate, LLC.

    (404) 559-0332

    1 in this area

    3 Total Sales

    Ylijah Brown
    Section Image
  • Cassandra Bell

    Buyer's Agent in 2023

    Cassandra Bell

    Atlanta Communities

    (404) 859-7594

    1 in this area

    4 Total Sales

    Cassandra Bell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7144235

First Multiple Listing Service (FMLS)

APN: 0101000000157000

Georgia Newton County Covington 30014

50 Moray Place, Covington, GA

This home is located at 50 Moray Place, Covington, GA 30014 since 15 November 2022 and is currently estimated at $160,359. 50 Moray Place is a home located in Newton County with nearby schools including East Newton Elementary School, Indian Creek Middle School, and Eastside High School.

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