NOT LISTED FOR SALE

540 Alcovy Way Covington, GA 30014

Estimated Value: $330,022 - $380,000

3 Beds
2 Baths
1,907 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $124,900 $65 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,173/month

90 Days on Market

Highlights

  • Bonus Room
  • Dining Room
  • Family Room
  • Eastside High School Rated A-

About This Home

As of December 2013

Low maintenance vinyl and stone ranch with private rear yard. New carpet and fresh paint - move in ready! Vaulted ceiling living room with stone fireplace is open to the kitchen and dining area. Formal dining plus breakfast area in the kitchen. Laundry room with utility sink just off garage entry. Oversized master bedroom with sitting area and private exit to rear deck. Master bath with dual vanity, garden tub, separate shower and walk in closet. Two additional bedrooms, full bath and a bonus room. Two car side entry garage, rear deck and sizeable yard.

Last Agent to Sell the Property

David Bailey

Colony Realty Company License #183132 Listed on: 08/14/2013

Last Buyer's Agent

David Graetz

Kennedy Realty, Inc. License #250394

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,145

Year Built

  • 1999

Lot Details

  • 2.06

Home Design

  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,907 Sq Ft Home
  • Family Room
  • Dining Room
  • Bonus Room

Schools

  • Flint Hill / Newton / Newton County Elementary School
  • Cousins / Newton / Newton County Middle School
  • Eastside / Newton / Newton County High School

Utilities

  • Underground Utilities
  • Electric Water Heater

Property Details

Home Type

Other

Est. Annual Taxes

$2,145

Year Built

1999

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1999

Interior Features

  • Fireplace(s): 1
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven
  • Interior Amenities: Cable TV Connections, Vaulted Ceilings, Double Vanity, Garden Tub, Separate Shower, Wall-to-wall Carpet
  • Total Finished Sq Ft: 1907

Exterior Features

  • Construction: Aluminum/Vinyl
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Garage, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Ceiling Insulation, Electric Water Heater
  • Water/Sewer: Public Water

Association/Amenities

  • Amenities: Street Lights, Underground Utilities

Schools

  • Elementary School: Flint Hill / Newton / Newton County, GA
  • Elementary Bus Line: Yes
  • High School: Eastside / Newton / Newton County, GA
  • High School Bus: Yes
  • Middle School: Cousins / Newton / Newton County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Sloping
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 27, 2013
Sold by
Federal National Mortgage Association
Bought by
Smith Michael W and Smith Rella B
Seller's Agent
David Bailey
Colony Realty Company
Buyer's Agent
David Graetz
Kennedy Realty, Inc.
List Price
$172,500
Sold Price
$124,900
Premium/Discount to List
-$47,600
-27.59%
Current Estimated Value
$358,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,106
Avg. Annual Appreciation
9.27%
Original Mortgage
$129,021
Interest Rate
4.29%
Mortgage Type
VA

Purchase Details

Closed on
Jul 11, 2013
Sold by
Everbank
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jul 2, 2013
Sold by
Price Don A
Bought by
Everbank
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
Smith Michael W $124,900 --
Federal National Mtg Associati $105,488 --
Everbank $105,488 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael W $50,000
Open Smith Michael W $117,584
Closed Smith Michael W $122,551
Closed Smith Michael W $129,021
Previous Owner Price Don A $10,000
Previous Owner Price Don A $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $124,900 0.0% $65 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
10/23/2013 10/23/13 Price Changed $124,900 +60.3% $65 / Sq Ft
10/23/2013 10/23/13 Price Changed $77,900 -44.3% $41 / Sq Ft
09/27/2013 09/27/13 Price Changed $139,900 -9.7% $73 / Sq Ft
09/13/2013 09/13/13 Price Changed $154,900 -10.2% $81 / Sq Ft
08/14/2013 08/14/13 For Sale $172,500 -- $90 / 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 $2,145 $125,960 $18,000 $107,960
2023 $2,544 $122,480 $14,400 $108,080
2022 $2,092 $105,840 $10,000 $95,840
2021 $1,700 $84,920 $9,000 $75,920
2020 $1,600 $76,840 $9,000 $67,840
2019 $1,319 $67,880 $9,000 $58,880
2018 $1,182 $63,640 $9,000 $54,640
2017 $1,208 $64,400 $9,000 $55,400
2016 $859 $54,240 $3,200 $51,040
2015 $282 $37,480 $3,200 $34,280
2014 $279 $37,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07141242

Georgia MLS

APN: 0098000000134000