NOT LISTED FOR SALE

5119 Worsham St NE Covington, GA 30014

Estimated Value: $280,000 - $360,000

-- Bed
3 Baths
2,180 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $259,000 $119 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,976/month

27 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Eastside High School Rated A-

About This Home

As of October 2022

Boost your net worth and expand your portfolio with this rare multi-family opportunity in the heart of Covington! Recently renovated with tenants in place, Unit A has 2 bedrooms and 1 bath, Unit B has 3 bedroom and 1 bath, both have spacious living rooms, full kitchens and private deck/patios. New architectural roof! Immediate cash flow available and long term potential awaits. The hard work has been done! Sit back and let the rent roll in.

Last Listed By

Dawn Norton

Carousel Properties, LLC License #284177 Listed on: 07/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1916

Lot Details

  • 0.25 Acre Lot

Parking

  • Parking Pad

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Laundry in unit

Schools

  • Flint Hill Elementary School
  • Cousins Middle School
  • Eastside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1916
  • Co List Office: CSEL01
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .25
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 1036000

Exterior Features

  • Construction Materials: Other
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air, Electric
  • Heating: Natural Gas, Electric, Central
  • Laundry Features: In Unit
  • 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: Flint Hill
  • High School: Eastside
  • Middle School: Cousins
  • Elementary School: Flint Hill
  • Middle School: Cousins
  • High School: Eastside

Lot Info

  • Lot: 142
  • Deed Book: 3598
  • Deed Page: 331
  • Plat Book: 1
  • Plat Page: 192

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1968.38

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Carazo Felix Vendrell
Bought by
Lvt Properties Inc
Total Days on Market
27
Current Estimated Value
$304,993

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 12, 2022
Sold by
Greenbriar Investments Llc
Bought by
Carazo Felix Vendrell
Seller's Agent
Dawn Norton
Carousel Properties, LLC
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$259,000
Sold Price
$259,000
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$194,250
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2017
Sold by
Colbert Gloria
Bought by
Greenbriar Investments Llc

Range of Values:

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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
Lvt Properties Inc -- --
Carazo Felix Vendrell $259,000 --
Greenbriar Investments Llc $66,000 --
Colbert Gloria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carazo Felix Vendrell $194,250
Previous Owner Colbert Harry L $72,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $259,000 0.0% $119 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $259,000 -- $119 / 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 $3,232 $107,040 $14,000 $93,040
2023 $2,904 $89,360 $4,000 $85,360
2022 $2,079 $63,960 $4,000 $59,960
2021 $1,968 $54,200 $4,000 $50,200
2020 $2,009 $50,360 $4,000 $46,360
2019 $2,097 $51,600 $4,000 $47,600
2018 $684 $33,280 $4,000 $29,280
2017 $1,103 $26,840 $2,000 $24,840
2016 $1,098 $26,720 $2,800 $23,920
2015 $691 $16,800 $2,000 $14,800
2014 $512 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20059613

Georgia MLS

APN: C007000070007000