$315,000

Estimated payment $2,062/month

Total Views 17,276
3 Beds
2 Baths
1,891 Sq Ft
$167 Price per Sq Ft

Highlights

  • 1.4 Acre Lot
  • Wood Flooring
  • Laundry Room
  • 1.5-Story Property
  • No HOA
  • Entrance Foyer

About This Home

Exceptional Multi-Property Investment Opportunity - Prime Assemblage on Covington Highway Seize a rare and highly versatile investment opportunity with this unique assemblage of three contiguous properties, collectively offering 4.62 acres of valuable real estate with approximately 40 feet of frontage along Covington Highway. This portfolio is ideally suited for a variety of development or renovation strategies, from enhancing the existing homes to constructing a small residential community. Its strategic location just minutes from Highway 285 ensures excellent connectivity and long-term value growth. Property Breakdown: Lot 1:A spacious 4-bedroom, 3-bathroom home encompassing 2,357 square feet of finished living space, plus an additional 391 square foot unfinished basement-perfect for customization or expansion. The home sits on a generously sized 0.66-acre lot, offering ample yard space and privacy. Lot 2:A charming 3-bedroom, 2-bathroom residence featuring 1,891 square feet of interior space, along with a 300 square foot unfinished basement. Set on a substantial 1.39-acre lot, this property offers both comfort and future development potential. Lot 3:A cozy 3-bedroom, 1-bathroom home offering 1,264 square feet of living area, situated on a sprawling 2.57-acre lot. Ideal for personal use, rental income, or as a candidate for redevelopment. Total Combined Acreage: 4.62 Acres With a flexible layout and diverse structures, this assemblage offers multiple paths for return on investment: Renovate and lease existing residences Develop a boutique housing enclave Subdivide and sell parcels individually Hold for long-term appreciation in a rapidly developing corridor Key Highlights: Prime location on Covington Highway Easy access to major thoroughfares, especially I-285 Approximately 40 feet of road frontage Flexible zoning potential (buyer to verify) Seller is open to offers on individual lots-see additional listings #10488862 and #10488863 for separate details. This is a compelling acquisition for investors, developers, or visionaries seeking a strategically located, multi-parcel property with excellent upside potential.

Listing Agent

Kimberly Branch

Keller Williams Realty Atl. Partners License #324017 Listed on: 03/29/2025

Keller Williams Realty Atl. Partners

Co-Listing Agent

Eric Render

Keller Williams Realty Atl. Partners License #360547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,829

Year Built

  • Built in 1959

Lot Details

  • 1.4 Acre Lot

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Unfinished Basement
  • Partial Basement
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Canby Lane Elementary School
  • Mary Mcleod Bethune Middle School
  • Towers High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,829

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • ArchitecturalStyle: Ranch
  • Co List Office: KWRS03
  • Electric: 220 Volts
  • Levels: One and One Half
  • Lot Size Acres: 1.40
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1891
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Basement: Partial, Unfinished
  • Total Finished Sq Ft: 1891
  • Unfinished Below Grade Sq Ft: 300
  • Above Grade Finished Sq Ft: 1891
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Carpet, Hardwood, Tile
  • Price Per Square Foot: 166.578

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Canby Lane
  • High School: Towers
  • Middle School: Mary Mcleod Bethune
  • Elementary School: Canby Lane
  • Middle School: Mary Mcleod Bethune
  • High School: Towers

Tax Info

  • Year: 23
  • Tax Annual Amount: 3829

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $443 $87,440 $5,000 $82,440
2022 $1,866 $76,680 $5,000 $71,680
2021 $1,319 $52,960 $5,000 $47,960
2020 $1,122 $44,280 $5,000 $39,280
2019 $981 $38,240 $5,000 $33,240
2018 $956 $34,400 $5,000 $29,400
2017 $653 $35,080 $5,000 $30,080
2016 $718 $26,800 $5,000 $21,800
2014 $659 $7,640 $4,920 $2,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
03/22/2025 03/22/25 For Sale $315,000 -- $144 / Sq Ft
Source: Georgia MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $116,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: Georgia MLS

MLS Number: 10488861

Georgia MLS

APN: 15-161-02-001