NOT LISTED FOR SALE

550 Freeman Dr Covington, GA 30016

Estimated Value: $287,000 - $307,000

3 Beds
2 Baths
1,985 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $257,000 $129 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,796/month

3 Days on Market

Highlights

  • Community Lake
  • Private Lot
  • Vaulted Ceiling
  • Deck
  • Wooded Lot
  • Ranch Style House

About This Home

As of April 2023

Priced below appraised value! 3 bedroom 2 bathroom in The Falls! This home is being offered in AS-IS condition. The property does need carpet and paint. This home has been freshly pressure washed and cleaned inside. The entry foyer opens up to a large living room with tray ceiling and a gas fireplace. The eat in kitchen offer gas range with dishwasher and microwave. An upstairs loft comes with a pool table that conveys upon sale. The home has an amazing wrap around style porch from front to back for your outdoor enjoyment. Enclosed side porch/patio at the back of the home offers a great place to relax and chat with friends and family. Wonderful wooding swing in the front yard offers a nice place to sit for the upcoming Spring weather! The bedrooms are nicely sized. The lot is very large and the curb appeal is great too. Come check out this home today!

Last Agent to Sell the Property

Wallace Hardy

Jason Mitchell Real Estate Georgia License #351378 Listed on: 03/16/2023

Jason Mitchell Real Estate Georgia

Last Buyer's Agent

Ava Davenport

Dynasty Realty License #382948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 2000

Lot Details

  • 0.78 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,985 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Loft
  • Home Security System
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Oak Hill Elementary School
  • Veterans Memorial Middle School
  • Alcovy High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 68D / D

Community Details

Overview

  • Association fees include tennis
  • The Falls Subdivision
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,284

Year Built

Built in 2000

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • ArchitecturalStyle: Ranch
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: One
  • Lot Size Acres: .78
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1985
  • Above Grade Finished Sq Ft: 1985
  • Interior Amenities: Master On Main Level, Tray Ceiling(s), Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Laminate
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Private
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall
  • Security Features: Security System
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 100
  • Association: Yes
  • Community Features: Lake, Tennis Court(s)

Fee Information

  • Association Fee Includes: Tennis

Schools

  • Elementary School: Oak Hill
  • High School: Alcovy
  • Middle School: Veterans Memorial

Lot Info

  • Land Lot: 68D
  • Lot: 68D

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2284

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 11, 2023
Sold by
Brands Sandra Lynn
Bought by
Kemp Victoria
Seller's Agent
Wallace Hardy
Jason Mitchell Real Estate Georgia
Buyer's Agent
Ava Davenport
Dynasty Realty
List Price
$255,000
Sold Price
$257,000
Premium/Discount to List
$2,000
0.78%
Views
32
Current Estimated Value
$293,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,666
Avg. Annual Appreciation
4.95%
Original Mortgage
$233,959
Outstanding Balance
$226,723
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$66,943

Purchase Details

Closed on
Feb 8, 2023
Sold by
Eirls William Douglas Estate
Bought by
Brands Sandra Lyn

Purchase Details

Closed on
Aug 25, 2000
Sold by
Metro Service & Supply Inc
Bought by
Eirls William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kemp Victoria $257,000 --
Brands Sandra Lyn -- --
Eirls William D $123,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemp Victoria $233,959
Previous Owner Eirls William D $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2023 04/11/23 Sold $257,000 +0.8% $129 / Sq Ft
03/16/2023 03/16/23 For Sale $255,000 -- $128 / 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
2025 $3,025 $124,800 $16,800 $108,000
2024 $3,115 $124,560 $16,800 $107,760
2023 $3,188 $115,400 $16,000 $99,400
2022 $2,284 $85,920 $8,000 $77,920
2021 $2,261 $76,560 $8,000 $68,560
2020 $2,130 $65,720 $8,000 $57,720
2019 $1,949 $59,480 $7,400 $52,080
2018 $905 $55,080 $7,400 $47,680
2017 $1,659 $50,680 $7,400 $43,280
2016 $1,604 $49,080 $4,000 $45,080
2015 $1,609 $49,240 $4,000 $45,240
2014 $1,225 $38,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10140959

Georgia MLS

APN: 0008000000527000