NOT LISTED FOR SALE

55 River Ln Covington, GA 30016

Estimated Value: $504,000 - $637,584

3 Beds
5 Baths
2,670 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $250,000 $94 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,615/month

4 Days on Market

Highlights

  • Recreation Room
  • Double Pane Windows
  • Combination Dining and Living Room
  • Home Gym
  • Library
  • Satellite Dish

About This Home

As of July 2015

Fabulously private 4.5 acre setting, open living space, kitchen-dining-family room, 8' rocking chair front porch, In-ground salt water pool diving board and slide, back deck 18' x 46', solid pine interior doors, solid surface counters, county water soucre, copper plumbing, 2" wood blinds, separate library/office, 2 bedrooms up with private baths plus open loft over looking banister railing to family room, Finished basement complete with 1 bedroom, 1 bath, family/entertainment room, work out room and 2nd laundry, 25' x 40' detached insulated garage/workshop that will be the envy, concrete floor with drain in center, 13'-6" high ceiling wired even for welding, 10' x 40' covered enclosed storage attached to garage, sheetrocked bonus room above attached garage

Last Agent to Sell the Property

Mike Jones

Parkside Brokers License #309034 Listed on: 06/02/2015

Last Buyer's Agent

JOHN KANALAS

Maximum One Realty Greater Atlanta License #318875

Maximum One Realty Greater Atlanta

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,700

Year Built

  • 2001

Lot Details

  • 4.53

Interior Spaces

  • Double Pane Windows
  • Combination Dining and Living Room
  • Library
  • Recreation Room
  • Loft
  • Home Gym

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Boat door in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Schools

  • Oak Hill / Newton / Newton County Elementary School
  • Veterans Memorial / Newton / Newton County Middle School
  • Alcovy / Newton / Newton County High School

Utilities

  • Septic Tank
  • Satellite Dish

Property Details

Home Type

Other

Est. Annual Taxes

$5,700

Year Built

2001

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2001

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Bath Finished, Boat Door, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Satellite Dish
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Built-In Microwave, Wall Oven
  • Interior Amenities: Cable In Street, Cable TV Connections, Vaulted Ceilings, Ceilings 9 Ft Plus, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Below Grade Finished Sq Ft: 1752
  • Kitchen / Breakfast: Breakfast Area, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2670

Exterior Features

  • Construction: Wood Siding
  • Exterior Features: Deck/Patio, Pool-in Ground, Workshop
  • Roof Type: Composition

Garage/Parking

  • Parking: 3 Car Or More, Attached, Auto Garage Door, Detached, RV/Boat Parking, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Energy Features: Double Pane/Thermo
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary School: Oak Hill / Newton / Newton County, GA
  • Elementary Bus Line: Yes
  • High School: Alcovy / Newton / Newton County, GA
  • High School Bus: Yes
  • Middle School: Veterans Memorial / Newton / Newton County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Corner, Level Lot, Open Land
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jul 13, 2015
Sold by
Hester Jeff A
Bought by
Paulsen Sandra D
Seller's Agent
Mike Jones
Parkside Brokers
Buyer's Agent
JOHN KANALAS
Maximum One Realty Greater Atlanta
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$576,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,146
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Nov 27, 2001
Sold by
Hester Jeff A and Hester Laura L
Bought by
Hester Jeff A and Hester Laura L

Purchase Details

Closed on
Jun 15, 2001
Sold by
Johnson-Butler Equall
Bought by
King Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,285
Interest Rate
7.17%
Mortgage Type
FHA
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
Paulsen Sandra D $250,000 --
Hester Jeff A -- --
King Annette $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hester Jeff A $259,462
Previous Owner Hester Jeff S $30,000
Previous Owner Hester Jeff A $205,500
Previous Owner King Annette $107,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2015 07/13/15 Sold $250,000 -3.8% $94 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $259,900 -- $97 / 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 $5,700 $228,880 $17,760 $211,120
2023 $5,125 $192,760 $17,760 $175,000
2022 $4,583 $172,760 $17,760 $155,000
2021 $4,227 $143,280 $7,400 $135,880
2020 $4,281 $131,320 $12,600 $118,720
2019 $4,169 $126,120 $12,600 $113,520
2018 $4,279 $128,520 $12,600 $115,920
2017 $3,633 $109,720 $9,440 $100,280
2016 $3,276 $99,320 $9,440 $89,880
2015 $3,176 $96,400 $9,440 $86,960
2014 $2,696 $82,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07464148

Georgia MLS

APN: 0018000000051000