NOT LISTED FOR SALE

5220 Highway 278 NW Covington, GA 30014

Estimated Value: $1,699,050

-- Bed
-- Bath
5,952 Sq Ft
$285/Sq Ft Est. Value

About This Home

This home is located at 5220 Highway 278 NW, Covington, GA 30014 and is currently estimated at $1,699,050, approximately $285 per square foot. 5220 Highway 278 NW is a home located in Newton County with nearby schools including East Newton Elementary School, Cousins Middle School, and Eastside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Prism Covington Properties Llc
Bought by
Serena Ventures Llc
Current Estimated Value
$1,699,050

Purchase Details

Closed on
Jan 14, 2022
Sold by
T Allen Enterprises Inc
Bought by
Prism Covington Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,362,500
Interest Rate
3.22%
Mortgage Type
Mortgage Modification

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
Serena Ventures Llc $1,665,000 --
Prism Covington Properties Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serena Ventures Llc $3,000,000
Previous Owner Prism Covington Properties Llc $2,362,500
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 $21,805 $619,560 $219,520 $400,040
2023 $31,464 $839,080 $209,080 $630,000
2022 $8,271 $220,560 $209,080 $11,480
2021 $5,224 $126,440 $114,960 $11,480
2020 $5,705 $126,440 $114,960 $11,480
2019 $5,675 $124,360 $112,880 $11,480
2018 $2,866 $124,360 $112,880 $11,480
2017 $5,732 $124,360 $112,880 $11,480
2016 $4,639 $112,880 $112,880 $0
2015 $4,646 $112,920 $112,920 $0
2014 $4,645 $112,920 $0 $0
Source: Public Records

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