$335,800
SOLD MAR 13, 2024

55 Silver Ridge Rd Covington, GA 30016

5 Beds
3 Baths
2,661 Sq Ft
0.31 Acres

Recently Sold

$126 Per Sq Ft

25% Below List Price

83 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Soaking Tub
  • Traditional Architecture
  • Tray Ceiling
  • Double Vanity

About This Home

As of August 2024

Welcome to Silver Ridge Farms, one of Covington, Georgia's most prestigious and highly sought-after communities. This house is in pristine condition, as good as new, move-in ready, and stands out as a unique find in the resale market. This amazing floorplan features five bedrooms and three bathrooms, with one bathroom accessible from the hallway and shared by three of the secondary bedrooms. As you step inside, you'll immediately notice the impeccably maintained natural hardwood flooring that extends from the front door through the foyer. Coffered ceilings add a touch of elegance and sophistication in family room and dining room. The heart of this home is the large family room, perfect for gatherings and quality time with loved ones. With its spacious layout and coffered ceilings, it provides a warm and inviting atmosphere for relaxation and entertainment. Step outside, and you'll discover a covered back porch, the ideal spot for enjoying the outdoors in all seasons. Beyond the porch, a generously sized backyard awaits, complete with a trampoline for endless fun and outdoor activities. In Silver Ridge Farms, you'll find not just a house but a home that offers comfort, style, and a sense of community. Don't miss the opportunity to make this beautiful property your own and create cherished memories in a truly special place. Welcome home to Silver Ridge Farms--where comfort and elegance meet to create your perfect haven in Covington, Georgia. Seller is a licensed Realtor in the State of Georgia. Seller will provide up to $10,000 towards 2/1 buy down or towards closing cost, if buyer uses preferred lender. Joel Van Asch Presidential Bank Mortgage (770) 634-9079 joelv@presidential..com

Last Agent to Sell the Property

Jermaine Smith

Trinity Commercial & Residential License #281836 Listed on: 11/14/2023

Last Buyer's Agent

Kadie Stidham

Orchard Brokerage, LLC License #272248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 2014

Lot Details

  • 0.31 Acre Lot
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,661 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Double Vanity
  • Soaking Tub

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Schools

  • Fairview Elementary School
  • Clements Middle School
  • Newton High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Silver Ridge Farms Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,512

Year Built

Built in 2014

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • ArchitecturalStyle: Other, Traditional
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .31
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2661
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 5
  • Basement: None
  • Total Finished Sq Ft: 2661
  • Above Grade Finished Sq Ft: 2661
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Double Vanity, Two Story Foyer, Soaking Tub, Pulldown Attic Stairs, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Fireplace Features: Family Room
  • Flooring: Hardwood, Tile, Carpet
  • Price Per Square Foot: 126.193

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Other, Wood Siding
  • Lot Features: Level, Other
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 300
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Fairview
  • High School: Newton
  • High School Bus: Yes
  • Middle School: Clements
  • Middle School Bus: Yes
  • Elementary School: Fairview
  • Middle School: Clements
  • High School: Newton

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3512.22

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Aug 5, 2024
Sold by
Opendoor Property Trust I
Bought by
Nzeyimana Natasha
Seller's Agent
Kadie Stidham
Orchard Brokerage LLC
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$417,000
Sold Price
$373,000
Premium/Discount to List
-$44,000
-10.55%
Views
144
Current Estimated Value
$398,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,685
Avg. Annual Appreciation
6.13%

Purchase Details

Listed on
Nov 14, 2023
Closed on
Mar 15, 2024
Sold by
Smith Jeremiah
Bought by
Opendoor Property Trust I
Seller's Agent
Jermaine Smith
Trinity Commercial & Residential
Buyer's Agent
Kadie Stidham
Orchard Brokerage, LLC
List Price
$449,500
Sold Price
$335,800
Premium/Discount to List
-$113,700
-25.29%
Views
490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.92%

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 30, 2015
Sold by
Smith Jeremiah
Bought by
Smith Jeremiah and Smith Dawn Gordon
Seller's Agent
Ninette Randall
D.R. Horton Realty of Georgia, Inc.
Buyer's Agent
Jermaine Smith
Trinity Commercial & Residential
List Price
$204,295
Sold Price
$202,787
Premium/Discount to List
-$1,508
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$199,113
Interest Rate
4.12%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $373,000 --
Warranty Deed $335,800 --
Warranty Deed -- --
Warranty Deed $202,787 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $199,113 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $373,000 -2.1% $140 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $381,000 -0.5% $143 / Sq Ft
06/27/2024 06/27/24 Price Changed $383,000 -2.8% $144 / Sq Ft
05/22/2024 05/22/24 Price Changed $394,000 -2.2% $148 / Sq Ft
05/08/2024 05/08/24 Price Changed $403,000 -1.7% $151 / Sq Ft
04/24/2024 04/24/24 Price Changed $410,000 -1.7% $154 / Sq Ft
04/01/2024 04/01/24 For Sale $417,000 +24.2% $157 / Sq Ft
03/13/2024 03/13/24 Sold $335,800 -12.8% $126 / Sq Ft
02/05/2024 02/05/24 Price Changed $384,900 -3.5% $145 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $398,900 -3.8% $150 / Sq Ft
01/25/2024 01/25/24 Price Changed $414,800 -2.8% $156 / Sq Ft
11/18/2023 11/18/23 Price Changed $426,800 -5.1% $160 / Sq Ft
11/14/2023 11/14/23 For Sale $449,500 +109.7% $169 / Sq Ft
10/27/2017 10/27/17 Sold $214,322 -1.0% --
08/23/2017 08/23/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $216,507 +6.8% --
04/30/2015 04/30/15 Sold $202,787 -1.7% --
04/03/2015 04/03/15 Pending -- -- --
03/07/2015 03/07/15 Price Changed $206,295 +1.0% --
01/05/2015 01/05/15 For Sale $204,295 -- --
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 $4,214 $164,000 $23,600 $140,400
2023 $3,917 $142,160 $12,800 $129,360
2022 $3,572 $129,440 $12,800 $116,640
2021 $3,273 $105,960 $12,800 $93,160
2020 $3,034 $90,320 $12,800 $77,520
2019 $2,962 $86,840 $12,800 $74,040
2018 $2,710 $78,920 $12,800 $66,120
2017 $2,667 $77,680 $12,800 $64,880
2016 $2,398 $69,840 $10,000 $59,840
2015 $343 $105,600 $10,000 $95,600
2014 -- $4,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20158165

Georgia MLS

APN: 0025I00000041000