NOT LISTED FOR SALE

55 Timber Wood Dr Covington, GA 30016

Estimated Value: $64,000 - $70,000

2.56 Acres
$25,931 Price per Acre
111,514 Sq Ft Lot

Last Sold November 19, 2019

Last sale price $37,000

Est. 79% increase in value since last sale

Current estimated payment $404/month

91 Days on Market

Highlights

  • Home fronts a creek
  • No HOA
  • No Heating

About This Lot

As of November 2019

Opportunities are abundant in Wildcat Creek Estates. Hosted off a fenced lined cul-de-sac, you will find this 2.56 acre tract boarding an elegant home hidden down a paved drive off Timber Wood Drive. This property feels a world away, yet it's only 7 miles from Historic Downtown Covington. You know...where they film tons of popular T.V. shows. This sprawling lot combines mixed hardwoods and heavy vegetation to provide an extremely private lot. An abundance of wildlife frolics through these woods as they make their way to the babbling creek that runs through this property. If you add this acreage to the home next door, then you would have a large multi-acre estate. The possibilities are endless.....

Last Agent to Sell the Property

Daniel Campbell

Keller Williams Greater Athens License #360282 Listed on: 07/21/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $247

Lot Details

  • Home fronts a creek
  • Sloped Lot

Schools

  • Porterdale Elementary School
  • Veterans Memorial Middle School
  • Newton Co. High School

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0030A00000055000

Property Details

Property Type

Land

Est. Annual Taxes

$247

Lot Details

0

Listing Details

  • Property Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: No Recorded Subdivision
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.56
  • Waterfront Features: Creek

Utilities

  • Sewer: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • HeatingYN: No
  • Utilities: Sewer Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Veterans Memorial Middle School

Lot Info

  • Lot Size Area: 2.56
  • Parcel Number: 0030A00000055000
  • Topography: Sloping
  • ResoLotSizeUnits: Acres
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 247.0

MLS Schools

  • Elementary School: Porterdale Elementary
  • HighSchool: Newton Co. High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2019
Closed on
Nov 19, 2019
Sold by
Cheban Pavel N
Bought by
Wright Tyrone
Seller's Agent
Daniel Campbell
Keller Williams Greater Athens
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%
Current Estimated Value
$66,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,383
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Newburn Randall and Newburn Gail
Bought by
Cherban Pavel N and Cherban Zinaida T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2000
Sold by
Durden Land & Prop Unlimited Inc
Bought by
Newburn Randall and Newburn Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.17%
Mortgage Type
New Conventional
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 Tyrone $36,500 --
Cherban Pavel N $35,000 --
Newburn Randall $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherban Pavel N $17,500
Previous Owner Newburn Randall $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $37,000 -7.5% --
10/20/2019 10/20/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $40,000 -- --
Source: Savannah Multi-List Corporation

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 $629 $21,600 $21,600 $0
2023 $299 $8,000 $8,000 $0
2022 $299 $8,000 $8,000 $0
2021 $324 $8,000 $8,000 $0
2020 $349 $10,400 $10,400 $0
2019 $246 $7,200 $7,200 $0
2018 $124 $7,200 $7,200 $0
2017 $247 $7,200 $7,200 $0
2016 $247 $7,200 $7,200 $0
2015 $324 $7,200 $7,200 $0
2014 $323 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM970325

Savannah Multi-List Corporation

APN: 0030A00000055000