NOT LISTED FOR SALE

5446 Salem Rd Covington, GA 30016

Estimated Value: $171,000 - $243,000

3 Beds
2 Baths
1,468 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $32,000 $22 Per Sq Ft

Est. 559% increase in value since last sale

Current estimated payment $1,329/month

64 Days on Market

About This Home

As of November 2015

Check out this charming ranch with lots of potential! Just a few of your finishing touches and you'll be ready to call this one "Home Sweet Home". Enjoy the view of the wooded, level back yard from the breezy screen porch. There are wood floors in 3 of the bedrooms. Kitchen features plenty of cabinets. This property is eligible under the Freddie Mac First Look Initiative through 09/13/2015.

Last Agent to Sell the Property

Tricia Dorn

Colony Properties License #175688 Listed on: 08/25/2015

Last Buyer's Agent

Tiffanie Henderson

Pinnacle Realtors License #280138

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,839

Year Built

  • 1980

Lot Details

  • 0.48

Interior Spaces

  • 1,468 Sq Ft Home
  • Combination Dining and Living Room
  • Crawl Space

Utilities

  • Septic Tank

Listing and Financial Details

  • Tax Lot 25

Property Details

Home Type

Other

Est. Annual Taxes

$1,839

Year Built

1980

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1980

Interior Features

  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Crawlspace
  • Interior Amenities: Wall-to-wall Carpet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 1468

Exterior Features

  • Exterior Features: Deck/Patio
  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: Parking Pad

Utilities

  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: South Salem / Newton / Newton County, GA
  • Middle School: Liberty / Newton / Newton County, GA
  • High School: Alcovy / Newton / Newton County, GA

Lot Info

  • Lot Description: Level Lot
  • Lot Size: 1/3 - 1/2 Acre
  • Land Lot: 10
  • Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Nov 18, 2015
Sold by
Federal Home Mtg Corp
Bought by
Sellars Joe
Seller's Agent
Tricia Dorn
Colony Properties
Buyer's Agent
Tiffanie Henderson
Pinnacle Realtors
List Price
$39,900
Sold Price
$32,000
Premium/Discount to List
-$7,900
-19.8%
Current Estimated Value
$211,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,039
Avg. Annual Appreciation
21.74%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 7, 2015
Sold by
Morozov Vitaliy
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 25, 2003
Sold by
Morozov Vitaliy
Bought by
Morozov Vitaliy and Morozov Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,650
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sellars Joe $30,000 --
Federal Home Loan Mortgage Corporation $32,933 --
Wells Fargo Bank Na $32,933 --
Morozov Vitaliy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morozov Vitaliy $74,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2015 11/18/15 Sold $32,000 -8.3% $22 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/21/2015 10/21/15 Price Changed $34,900 -12.5% $24 / Sq Ft
10/13/2015 10/13/15 For Sale $39,900 0.0% $27 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
09/23/2015 09/23/15 Price Changed $39,900 -20.0% $27 / Sq Ft
08/25/2015 08/25/15 For Sale $49,900 -- $34 / 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 $1,839 $72,600 $5,520 $67,080
2023 $1,818 $67,000 $5,520 $61,480
2022 $1,412 $52,040 $5,520 $46,520
2021 $1,241 $40,920 $5,520 $35,400
2020 $1,265 $37,640 $7,200 $30,440
2019 $454 $13,320 $7,200 $6,120
2018 $226 $13,160 $7,200 $5,960
2017 $435 $12,680 $6,000 $6,680
2016 $401 $11,680 $6,000 $5,680
2015 $609 $21,640 $6,000 $15,640
2014 $380 $14,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07511884

Georgia MLS

APN: 0028000000025000