NOT LISTED FOR SALE

55 Cornish Creek Ln Covington, GA 30014

Estimated Value: $204,421 - $227,000

5.22 Acres
$40,704 Price per Acre
227,383 Sq Ft Lot

Last Sold November 17, 2020

Last sale price $130,000

Est. 63% increase in value since last sale

Current estimated payment $1,270/month

142 Days on Market

Highlights

  • Lake Front
  • 5.22 Acre Lot
  • Level Lot
  • Eastside High School Rated A-
  • Partially Wooded Lot

About This Lot

As of November 2020

Located in the prestigious Preserve at Cornish Creek. This lot is the one of largest in the subdivision with 5.22 acres. All other lots area a minimum of 2 acres. Beautiful irrigated entrance, underground utilities, abundant wildlife, and several basement lots. County water and city of Covington electrical service is available. Sewer will be individual septic tank which is not in place. Six private schools are conveniently located within the county. Newton County Medical Center is 10 minutes away. This 5.22 acre lot has privacy from the big oak trees, but provides a perfect building spot nestled in the middle so you have the best of both worlds. With over 1100 feet of shoreline, you will never want to leave your new dream home. Light covenants help protect your investment.

Last Agent to Sell the Property

David Ponsell

Maximum One Platinum Realtors License #385530 Listed on: 05/28/2020

Last Buyer's Agent

David Ponsell

HRP Realty LLC License #385530

HRP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,773

Lot Details

  • 5.22 Acre Lot
  • Lake Front
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 0095000000025E00

Property Details

Property Type

Land

Est. Annual Taxes

$1,773

Lot Details

0

Listing Details

  • FILLACRES: 5.22
  • Closing Comments: Closed
  • Comm Sell: 3.00
  • Comm Sell Type: %
  • Directions: I-20 Exit Alcovy Road, turn North. Subdivision is approximately 3 miles on the left. From Hwy 142, turn North on Alcovy Road. Subdivision approximately 2 miles on the left.
  • In City: No
  • Listing Member Name: David E. Ponsell
  • Listing Office Short Id: o317
  • Lot Size: 227382
  • Plat Book: 47
  • Property Sub Type: Residential Building Lot
  • Prop. Type: Lots And Land
  • Selling Financing: Conventional
  • Selling Member Short Id: dponsell
  • Selling Office Short Id: o317
  • Assessor Parcel Number: 0095000000025E00
  • List Price per Acre: 25862.07
  • Special Features: None

Exterior Features

  • On Golf Course: No
  • Other Structures: None
  • Waterfront: Yes
  • Waterfront Features: Lake
  • Road Front Ft: 400
  • Topography: Gently Rolling, Level

Utilities

  • On Site Utilities: Electricity Connected, Water Connected

Lot Info

  • Deed Page: 349
  • Land Lease Purchase: No
  • Plat Page: 24
  • Zoning: Single Family
  • Current Use: Residential

Tax Info

  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 17, 2020
Sold by
Owens Michael K
Bought by
Jackson Ronald and Jackson Acquenette
Seller's Agent
David Ponsell
Maximum One Platinum Realtors
Buyer's Agent
David Ponsell
HRP Realty LLC
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$212,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,474
Avg. Annual Appreciation
10.28%
Original Mortgage
$110,500
Outstanding Balance
$76,145
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,329

Purchase Details

Closed on
Sep 26, 2017
Bought by
Owens Michael K and Owens Patricia A

Purchase Details

Closed on
Apr 12, 2006
Sold by
Ray E C and Ray Pamela
Bought by
Wagstaff Julia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Oakbrook Communities Inc
Bought by
Ray E C E and Ray Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,480
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jackson Ronald $130,000 --
Owens Michael K $120,000 --
Wagstaff Julia B $125,000 --
Ray E C E $57,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Ronald $110,500
Previous Owner Wagstaff Julia B $42,000
Previous Owner Ray E C E $51,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $130,000 -3.7% --
10/17/2020 10/17/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $135,000 -- --
Source: Middle 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 $1,773 $70,000 $70,000 $0
2023 $1,368 $50,400 $50,400 $0
2022 $1,368 $50,400 $50,400 $0
2021 $1,528 $50,400 $50,400 $0
2020 $1,693 $50,400 $50,400 $0
2019 $1,719 $50,400 $50,400 $0
2018 $1,730 $50,400 $50,400 $0
2017 $717 $20,880 $20,880 $0
2016 $717 $20,880 $20,880 $0
2015 $717 $20,880 $20,880 $0
2014 $714 $20,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Middle Georgia MLS

MLS Number: 155670

Middle Georgia MLS

APN: 0095000000025E00