NOT LISTED FOR SALE

5063 Salem Rd Covington, GA 30016

Estimated Value: $227,000 - $250,000

3 Beds
2 Baths
1,336 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 5063 Salem Rd, Covington, GA 30016 and is currently estimated at $240,129, approximately $179 per square foot. 5063 Salem Rd is a home located in Newton County with nearby schools including South Salem Elementary School, Liberty Middle School, and Alcovy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Davis Gregory
Current Estimated Value
$240,129

Purchase Details

Closed on
Sep 1, 2009
Sold by
Bank Of America
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 18, 2007
Sold by
Lee Marcus D
Bought by
Dawkins Mageline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1997
Sold by
Morrell James Gregory
Bought by
Lee Maccus D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,832
Interest Rate
7.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1996
Sold by
Smith James F Terri P
Bought by
Morrell James Gregory
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.

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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.

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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.

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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.

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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
Davis Gregory -- --
Federal Home Loan Mortgage Corporation -- --
Bank Of America $44,000 --
Dawkins Mageline $157,000 --
Lee Maccus D $89,900 --
Morrell James Gregory $83,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Gregory $164,500
Closed Davis Gregory $60,000
Previous Owner Dawkins Mageline $157,000
Previous Owner Lee Marcus D $110,800
Previous Owner Lee Marcus D $30,000
Previous Owner Lee Maccus D $87,832
Closed Morrell James Gregory $0
Source: Public Records

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 $1,966 $77,600 $7,400 $70,200
2023 $1,961 $72,280 $7,400 $64,880
2022 $1,565 $57,680 $7,400 $50,280
2021 $1,405 $46,320 $7,400 $38,920
2020 $1,588 $47,280 $8,480 $38,800
2019 $1,364 $40,000 $8,480 $31,520
2018 $1,351 $39,360 $8,480 $30,880
2017 $1,196 $34,840 $7,080 $27,760
2016 $1,055 $30,720 $7,080 $23,640
2015 $1,030 $30,000 $7,080 $22,920
2014 $739 $21,600 $0 $0
Source: Public Records

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