Seller's Agent in 2023
Isabel Baron-Pineda
La Rosa Realty Georgia LLC
(404) 518-1163
2 in this area
34 Total Sales
53 Gum Tree Ct Covington, GA 30016
Estimated Value: $276,000 - $298,168
--
Bed
4
Baths
2,288
Sq Ft
$128/Sq Ft
Est. Value
About This Home
As of October 2023Investor opportunity!! Income-producing duplex. This is the entire Duplex for sale. 55 Gum Tree and 53 Gum tree. Each unit has 3 bedrooms, 2 full bathrooms plus bonus room that could be used as 4th bedroom. The units have been freshly painted, new vinyl flooring. Each tenant paying $1,400/month, one lease expiring 7/31/2023 and the other lease expiring 5/31/2024. DO NOT DISTURB TENANT. ALL SHOWINGS WILL BE SCHEDULED ONCE UNDER CONTRACT DURING DUE DILIGENCE. DO NOT USE SHOWING TIME. SOLD AS IS. NO DISCLOSURES. Preferred closing attorney- THE LAW OFFICE OF RUSSELL C PETERSON.
Last Agent to Sell the Property
La Rosa Realty Georgia LLC License #306081 Listed on: 06/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,699
Year Built
- Built in 1997
Lot Details
- 0.5
Parking
- Off-Street Parking
Home Design
- Duplex
Schools
- West Newton Elementary School
- Veterans Memorial Middle School
Additional Features
- 2-Story Property
- 0.5 Acre Lot
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $33,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2020
Closed on
Apr 29, 2020
Sold by
Martinez Edilberto Alarcon
Bought by
Lanico Properties Llc
Seller's Agent
Jason Schneeberger
Citiside Properties, LLC.
Buyer's Agent
Isabel Baron-Pineda
La Rosa Realty Georgia
List Price
$159,000
Sold Price
$159,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,292
Avg. Annual Appreciation
11.38%
Original Mortgage
$119,250
Outstanding Balance
$105,238
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$187,054
Purchase Details
Listed on
Jan 9, 2020
Closed on
Apr 2, 2020
Sold by
Almond Investments Llc
Bought by
Martinez Edilberto Alarcon
Seller's Agent
Jason Schneeberger
Citiside Properties, LLC.
Buyer's Agent
Isabel Baron-Pineda
La Rosa Realty Georgia
List Price
$159,000
Sold Price
$159,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Outstanding Balance
$105,238
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$187,054
Purchase Details
Closed on
Dec 21, 2017
Sold by
Dekel Properties Llc
Bought by
Almond Investments Llc
Purchase Details
Listed on
Oct 30, 2014
Closed on
Nov 26, 2014
Sold by
Tif Fai Llc
Bought by
Green Orchid Llc
Seller's Agent
STEPHANIE PERRONE
NOT A VALID MEMBER
Buyer's Agent
Penny Andrews
Knight & Drews, LLC.
List Price
$49,900
Sold Price
$51,000
Premium/Discount to List
$1,100
2.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%
Purchase Details
Listed on
Oct 30, 2014
Closed on
Oct 31, 2014
Sold by
Tif Fai Llc
Bought by
Tif Fk B Hfs
Seller's Agent
STEPHANIE PERRONE
NOT A VALID MEMBER
Buyer's Agent
Penny Andrews
Knight & Drews, LLC.
List Price
$49,900
Sold Price
$51,000
Premium/Discount to List
$1,100
2.2%
Purchase Details
Closed on
Oct 1, 2013
Sold by
Robinson Harold
Bought by
Tif Gai Llc
Purchase Details
Closed on
Sep 12, 2013
Sold by
Robinson Christopher
Bought by
Robinson Harold
Purchase Details
Closed on
May 1, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Robinson Christopher
Purchase Details
Closed on
Dec 4, 2012
Sold by
Homeward Residential Inc
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Nov 24, 2012
Sold by
Hughes Victor
Bought by
Jones Michelle and Allen Barbra
Purchase Details
Closed on
Jan 3, 2005
Sold by
Mortgage Mers Inc
Bought by
Hughes Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,600
Interest Rate
5.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 6, 2004
Sold by
Silvestre Enrique and Silvestre Luciana
Bought by
Mers Inc
Purchase Details
Closed on
Apr 29, 2003
Sold by
Bruno John I
Bought by
Silvestre Enrique and Silvestre Lucinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,760
Interest Rate
5.79%
Purchase Details
Closed on
Nov 28, 1999
Sold by
Bruno John I and Bruno Patricia F
Bought by
Iggy Rentals Llc
Purchase Details
Closed on
Nov 7, 1997
Sold by
Mcgiboney Guy and Mcgiboney Carol S
Bought by
Bruno John T and Bruno Patricia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,184
Interest Rate
7.31%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lanico Properties Llc | -- | -- | |
| Martinez Edilberto Alarcon | $159,000 | -- | |
| Almond Investments Llc | $103,000 | -- | |
| Dekel Properties Llc | $85,000 | -- | |
| Green Orchid Llc | $51,000 | -- | |
| Tif Fk B Hfs | -- | -- | |
| Tif Gai Llc | $92,500 | -- | |
| Robinson Harold | -- | -- | |
| Robinson Christopher | $39,000 | -- | |
| Federal Home Loan Mortgage Corporation | $128,599 | -- | |
| Homeward Residential Inc | $128,599 | -- | |
| Jones Michelle | -- | -- | |
| Hughes Victor | $133,000 | -- | |
| Mers Inc | $135,000 | -- | |
| Silvestre Enrique | $135,800 | -- | |
| Iggy Rentals Llc | -- | -- | |
| Bruno John T | $11,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martinez Edilberto Alarcon | $119,250 | |
| Previous Owner | Hughes Victor | $26,600 | |
| Previous Owner | Silvestre Enrique | $135,760 | |
| Previous Owner | Bruno John T | $83,184 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2023 10/23/23 | Sold | $320,000 | -1.5% | $140 / Sq Ft | |
| 08/18/2023 08/18/23 | Pending | -- | -- | -- | |
| 06/20/2023 06/20/23 | For Sale | $325,000 | 0.0% | $142 / Sq Ft | |
| 06/01/2023 06/01/23 | Rented | $1,400 | 0.0% | -- | |
| 04/19/2023 04/19/23 | For Rent | $1,400 | 0.0% | -- | |
| 09/28/2022 09/28/22 | Rented | $1,400 | -3.4% | -- | |
| 08/29/2022 08/29/22 | For Rent | $1,450 | 0.0% | -- | |
| 04/02/2020 04/02/20 | Sold | $159,000 | 0.0% | $69 / Sq Ft | View Prior Sale |
| 03/02/2020 03/02/20 | Pending | -- | -- | -- | |
| 03/02/2020 03/02/20 | For Sale | $159,000 | 0.0% | $69 / Sq Ft | |
| 02/20/2020 02/20/20 | Pending | -- | -- | -- | |
| 02/18/2020 02/18/20 | For Sale | $159,000 | 0.0% | $69 / Sq Ft | |
| 01/10/2020 01/10/20 | Pending | -- | -- | -- | |
| 01/09/2020 01/09/20 | For Sale | $159,000 | +211.8% | $69 / Sq Ft | |
| 11/26/2014 11/26/14 | Sold | $51,000 | +2.2% | $22 / Sq Ft | View Prior Sale |
| 11/10/2014 11/10/14 | Pending | -- | -- | -- | |
| 10/30/2014 10/30/14 | For Sale | $49,900 | -- | $22 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 | $3,012 | $116,880 | $6,400 | $110,480 |
| 2023 | $1,877 | $67,280 | $6,400 | $60,880 |
| 2022 | $1,699 | $60,720 | $6,400 | $54,320 |
| 2021 | $1,785 | $57,160 | $6,400 | $50,760 |
| 2020 | $1,696 | $50,480 | $6,400 | $44,080 |
| 2019 | $1,669 | $48,920 | $6,400 | $42,520 |
| 2018 | $808 | $47,040 | $6,400 | $40,640 |
| 2017 | $643 | $18,720 | $2,600 | $16,120 |
| 2016 | $643 | $18,720 | $2,600 | $16,120 |
| 2015 | $593 | $15,720 | $2,600 | $13,120 |
| 2014 | $566 | $15,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Isabel Baron-Pineda
-
Angelica Briceno
Buyer's Agent in 2023
Angelica Briceno
La Rosa Realty Georgia LLC
(678) 516-6749
2 in this area
166 Total Sales
-
N
Buyer's Agent in 2023
NON-MLS NMLS
Non FMLS Member
-
Jason Schneeberger
J
Seller's Agent in 2020
Jason Schneeberger
Citiside Properties, LLC.
(404) 509-2259
42 Total Sales
-
S
Seller's Agent in 2014
STEPHANIE PERRONE
NOT A VALID MEMBER
-
Penny Andrews
P
Buyer's Agent in 2014
Penny Andrews
Knight & Drews, LLC.
(404) 454-9942
90 Total Sales
Map
Source: Georgia MLS
MLS Number: 10174492
APN: 0012000000088000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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