NOT LISTED FOR SALE

55 Summit Dr Covington, GA 30016

Estimated Value: $261,000 - $280,000

3 Beds
2 Baths
1,487 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $105,000 $71 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,727/month

48 Days on Market

About This Home

As of October 2015

Great Home on a Cul de Sac. Private fenced-in level backyard. Front Porch meant for relaxing! Home has great potential. Open family room with fireplace. Generous sized kitchen with breakfast area. Close to shopping.

Last Agent to Sell the Property

Carol Murray

BHHS Georgia Properties License #292674 Listed on: 06/04/2015

BHHS Georgia Properties

Last Buyer's Agent

Rico Pearson

Buyer Reality, LLC License #255689

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,479

Year Built

  • 1993

Lot Details

  • 0.6

Home Design

  • Slab Foundation

Interior Spaces

  • 1,487 Sq Ft Home
  • Great Room

Utilities

  • Programmable Thermostat
  • Septic Tank

Listing and Financial Details

  • Tax Lot 24

Property Details

Home Type

Other

Est. Annual Taxes

$2,479

Year Built

1993

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1993

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Range/Oven
  • Interior Amenities: Cable TV Connections
  • Above Grade Finished Sq Ft: 1487

Exterior Features

  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: 2 Car, Attached, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Programmable Thermostat
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary School: West Newton / Newton / Newton County, GA
  • Middle School: Veterans Memorial / Newton / Newton County, GA
  • High School: Newton / Newton / Newton County, GA

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: 1/2 - 1 Acre
  • Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Oct 16, 2015
Sold by
Fanning Howard L
Bought by
Wright Edith
Seller's Agent
Carol Murray
BHHS Georgia Properties
Buyer's Agent
Rico Pearson
Buyer Reality, LLC
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%
Total Days on Market
48
Current Estimated Value
$271,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,819
Avg. Annual Appreciation
10.36%
Original Mortgage
$103,098
Interest Rate
3.93%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Fanning Howard L
Bought by
Fanning Howard L and Fanning Rory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,825
Interest Rate
8.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1993
Sold by
Thurman Shumate Homes
Bought by
Aliucci William J and Aliucci Andrea S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,580
Interest Rate
7.48%
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 Buyer Sale Price Title Company
Wright Edith $105,000 --
Fanning Howard L -- --
Fanning Howard L $122,500 --
Aliucci William J $90,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Edith $134,550
Closed Wright Edith $128,000
Closed Wright Edith $103,098
Previous Owner Fanning Howard L $63,025
Previous Owner Fanning Howard L $69,000
Previous Owner Fanning Howard L $53,400
Previous Owner Fanning Howard L $81,500
Previous Owner Fanning Howard L $118,825
Previous Owner Aliucci William J $88,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $105,000 -8.6% $71 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $114,900 -- $77 / 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 $2,479 $100,880 $17,600 $83,280
2023 $2,321 $88,600 $7,200 $81,400
2022 $1,976 $75,880 $7,200 $68,680
2021 $1,738 $60,480 $7,200 $53,280
2020 $1,798 $56,800 $7,200 $49,600
2019 $1,742 $54,360 $7,200 $47,160
2018 $1,682 $52,280 $7,200 $45,080
2017 $1,308 $41,400 $6,400 $35,000
2016 $1,274 $40,400 $3,800 $36,600
2015 $960 $31,280 $3,400 $27,880
2014 $708 $23,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07466497

Georgia MLS

APN: 0013000000321000