550 Oak Terrace Dr Covington, GA 30016
Estimated Value: $364,000 - $402,000
Studio
3
Baths
3,680
Sq Ft
$103/Sq Ft
Est. Value
About This Home
This home is located at 550 Oak Terrace Dr, Covington, GA 30016 and is currently estimated at $379,565, approximately $103 per square foot. 550 Oak Terrace Dr is a home located in Newton County with nearby schools including Live Oak Elementary School, Clements Middle School, and Newton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 6, 2022
Sold by
Spence Juliet
Bought by
Spence Shane and Spence Shanika
Current Estimated Value
Purchase Details
Closed on
Mar 27, 2008
Sold by
Legacy Cmntys Of Oakwood Mnr L
Bought by
Spence Juliet V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,423
Interest Rate
5.68%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spence Shane | -- | -- | |
| Spence Juliet V | $208,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spence Juliet V | $171,423 |
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 | $3,789 | $150,320 | $20,000 | $130,320 |
| 2024 | $3,830 | $149,280 | $20,000 | $129,280 |
| 2023 | $4,029 | $146,720 | $8,000 | $138,720 |
| 2022 | $3,196 | $119,880 | $8,000 | $111,880 |
| 2021 | $2,968 | $100,160 | $8,000 | $92,160 |
| 2020 | $2,743 | $84,160 | $8,000 | $76,160 |
| 2019 | $2,706 | $81,880 | $8,000 | $73,880 |
| 2018 | $2,490 | $75,080 | $10,800 | $64,280 |
| 2017 | $2,496 | $75,240 | $10,800 | $64,440 |
| 2016 | $2,413 | $72,840 | $8,400 | $64,440 |
| 2015 | $2,050 | $62,280 | $8,400 | $53,880 |
| 2014 | $1,848 | $56,520 | $0 | $0 |
Source: Public Records
Map
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