NOT LISTED FOR SALE

525 Highway 162 Covington, GA 30016

Estimated Value: $222,000 - $260,000

3 Beds
2 Baths
1,350 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $54,100 $40 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • 1.54 Acre Lot
  • Wooded Lot
  • Solid Surface Countertops
  • Private Lot
  • Ranch Style House
  • Breakfast Area or Nook

About This Home

As of May 2016

AWESOME RENTAL!! SPACIOUS ONE LEVEL HOME! ROOMY FAMILY ROOM! PRIVATE REAR YARD ON TOP A WOODED HILL! APPLIANCES, KITCHEN WITH LOTS OF CABINETS! BEDROOMS OFFER LOTS OF ROOM! EAT IN KITCHEN WITH BREAKFAST AREA!

Last Agent to Rent the Property

Kyle Zimmer

Twin City Realty Illinois LLC License #357495 Listed on: 04/06/2016

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1999

Lot Details

  • 1.54 Acre Lot
  • Private Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Carpet
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Open Access

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Schools

  • South Salem Elementary School
  • Liberty Middle School
  • Alcovy High School

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • Rita Johnson Subdivision

Listing and Financial Details

  • Security Deposit $875
  • 12-Month Lease Term
  • $35 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250
  • Security Deposit: 875

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • ArchitecturalStyle: Ranch
  • Financing Type: LEASE
  • Levels: One
  • Lot Size Acres: 1.54
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 12
  • Min Rental Period Months: 12
  • Total Finished Area2: 1350
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 3
  • Basement: Full
  • Total Finished Sq Ft: 1350
  • Unfinished Below Grade Sq Ft: 1350
  • Above Grade Finished Sq Ft: 1350
  • Interior Amenities: Pulldown Attic Stairs
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Furnished: Unfurnished
  • Price Per Square Foot: 0.64814

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: In Kitchen
  • Security Features: Open Access
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Application Fee: 35
  • PetsAllowed: Yes

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: None

Schools

  • Elementary School: South Salem
  • High School: Alcovy
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: South Salem
  • Middle School: Liberty
  • High School: Alcovy

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
Mnsf Ii Acquisitions Llc
Bought by
Mnsf Ii W1 Llc
Current Estimated Value
$246,517

Purchase Details

Listed on
Mar 9, 2015
Closed on
Aug 5, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Networth Investments Llc
Seller's Agent
Thomas Walters
Virtual Properties Realty.com
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$62,613
Sold Price
$54,100
Premium/Discount to List
-$8,513
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%

Purchase Details

Closed on
Jul 1, 2014
Sold by
Pennymac Loan Svcs Llc
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Aug 28, 2001
Sold by
Mitchell Valerie
Bought by
Salisbury George D and Salisbury Matthew G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,270
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2000
Sold by
V Mitchell & Associates Inc
Bought by
Mitchell Valorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,648
Interest Rate
7.71%
Mortgage Type
New Conventional
Source: Public Records

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
Mnsf Ii W1 Llc -- --
Networth Investments Llc $54,100 --
Mnsf Ii Acquisitions Llc $61,500 --
Secretary Of Housing And Urban $75,648 --
Pennymac Loan Svcs Llc -- --
Salisbury George D $93,000 --
Mitchell Valorie $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salisbury George D $92,270
Previous Owner Mitchell Valorie $61,648
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Rented $875 0.0% --
04/06/2016 04/06/16 For Rent $875 0.0% --
08/05/2015 08/05/15 Sold $54,100 -13.6% $40 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/30/2015 06/30/15 Price Changed $62,613 0.0% $46 / Sq Ft
06/30/2015 06/30/15 For Sale $62,613 +15.7% $46 / Sq Ft
06/23/2015 06/23/15 Off Market $54,100 -- --
06/04/2015 06/04/15 For Sale $77,300 -- $57 / 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 $2,302 $90,880 $8,880 $82,000
2023 $2,311 $85,160 $8,880 $76,280
2022 $1,943 $71,600 $8,880 $62,720
2021 $1,340 $44,200 $7,440 $36,760
2020 $1,317 $39,200 $7,480 $31,720
2019 $995 $29,160 $5,270 $23,890
2018 $1,001 $29,160 $5,270 $23,890
2017 $1,051 $29,160 $4,765 $24,395
2016 $743 $23,040 $5,000 $18,040
2015 $1,033 $30,080 $5,000 $25,080
2014 $536 $19,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2016

    Kyle Zimmer

    Twin City Realty Illinois LLC

  • Glenda Broker

    Tenant's Agent in 2016

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image

  • T

    Seller's Agent in 2015

    Thomas Walters

    Virtual Properties Realty.com

    (770) 806-9997

    25 Total Sales

    Thomas Walters
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    CAROLYN W WALTERS

    NOT A VALID MEMBER

  • N

    Buyer's Agent in 2015

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: Georgia MLS

MLS Number: 7618403

Georgia MLS

APN: 0045A00000111000

Georgia Newton County Covington 30016

525 Highway 162, Covington, GA

This home is located at 525 Highway 162, Covington, GA 30016 since 06 April 2016 and is currently priced at $246,517. This property was built in 1999. 525 Highway 162 is a home located in Newton County with nearby schools including South Salem Elementary School, Liberty Middle School, and Alcovy High School.

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