$119,500
SOLD MAR 24, 2022

5506 Highway 81 S Covington, GA 30016

2 Beds
1 Bath
1,472 Sq Ft
2 Acres

Recently Sold

$81 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • 2 Acre Lot
  • Bonus Room
  • L-Shaped Dining Room
  • Ranch Style House
  • High Ceiling
  • Solid Surface Countertops

About This Home

As of April 2023

This property is a 2 bedroom 1 bathroom ranch style home right in the heart of Covington. This property is an as-is sale, If your looking for an investment property then you found it! So hurry and book your showing on ShowingTime today, you don't wanna miss out!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 02/28/2022

Mark Spain Real Estate

Co-Listed By

Brooke Starks

DRB Group Georgia LLC License #406379

Last Buyer's Agent

Soo Cho

Unitedinvestexusa 5 LLC License #350281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1967

Lot Details

  • 2 Acre Lot

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • 1,472 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Bonus Room
  • Tile Flooring
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • ArchitecturalStyle: Ranch
  • Co List Office: TECH01
  • Electric: 220 Volts
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 2
  • Property Sub-Type: Single Family Residence
  • Structure Type: Other
  • Total Finished Area2: 1472
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Bedrooms: 2
  • Dining Room Features: L Shaped
  • Basement: None
  • Total Finished Sq Ft: 1472
  • Above Grade Finished Sq Ft: 1472
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 1
  • Fireplace Features: Living Room
  • Flooring: Tile
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 81.18

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Deed Book: 4254
  • Deed Page: 282

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 992

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Apr 11, 2023
Sold by
Edwards Kavin Jamar
Bought by
Edwards Kavin Jamar and Taiste Belicia J
Seller's Agent
Carlos Giraldo-Alvarez
Keller Williams Chattahoochee
Buyer's Agent
Peter Ann Chin
Atlanta Communities
List Price
$295,000
Sold Price
$295,000
Views
233
Current Estimated Value
$307,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,389
Avg. Annual Appreciation
0.62%
Original Mortgage
$295,000
Interest Rate
6.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 14, 2022
Sold by
Cg Grp Investors Ll
Bought by
Giraldo Alvarez Carlos A

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 24, 2022
Sold by
Opendoor Property Trust I
Bought by
Southern State Investments Llc
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Soo Cho
Unitedinvestexusa 5 LLC
List Price
$125,000
Sold Price
$119,500
Premium/Discount to List
-$5,500
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.73%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Terrell Patricia Ann Estate
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Oct 10, 2013
Sold by
Terrell William Britt
Bought by
Terrell Patricia Ann

Purchase Details

Closed on
Jul 3, 2007
Sold by
Terrell William B
Bought by
Terrell Donna K
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 -- --
Warranty Deed $295,000 --
Warranty Deed -- --
Warranty Deed $119,500 --
Limited Warranty Deed $129,000 --
Warranty Deed $160,800 --
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $295,000 0.0% $200 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $295,000 +146.9% $200 / Sq Ft
03/24/2022 03/24/22 Sold $119,500 -4.4% $81 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $125,000 0.0% $85 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $125,000 -- $85 / 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 -- $115,520 $10,720 $104,800
2023 $2,470 $91,040 $10,720 $80,320
2022 $1,064 $39,200 $10,720 $28,480
2021 $992 $32,720 $10,720 $22,000
2020 $860 $25,600 $7,200 $18,400
2019 $886 $25,960 $7,200 $18,760
2018 $11 $25,120 $7,200 $17,920
2017 $20 $22,400 $5,400 $17,000
2016 $18 $20,520 $5,400 $15,120
2015 $16 $19,080 $5,400 $13,680
2014 $13 $16,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Giraldo-Alvarez

    Seller's Agent in 2023

    Carlos Giraldo-Alvarez

    Keller Williams Chattahoochee

    (678) 410-5122

    10 in this area

    312 Total Sales

    Carlos Giraldo-Alvarez
    Section Image
  • Peter Ann Chin

    Buyer's Agent in 2023

    Peter Ann Chin

    Atlanta Communities

    (470) 421-0935

    3 in this area

    29 Total Sales

    Peter Ann Chin
    Section Image
  • Mark Spain

    Seller's Agent in 2022

    Mark Spain

    Mark Spain

    (678) 537-8980

    172 in this area

    9,908 Total Sales

    Mark Spain
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Brooke Starks

    DRB Group Georgia LLC

    Section Image

  • S

    Buyer's Agent in 2022

    Soo Cho

    Unitedinvestexusa 5 LLC

    (214) 403-3207

    3 in this area

    167 Total Sales

    Soo Cho
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10024635

Georgia MLS

APN: 0018000000026000

Georgia Newton County Covington 30016

5506 Highway 81 S, Covington, GA

This home is located at 5506 Highway 81 S, Covington, GA 30016 and is currently priced at $119,500, approximately $81 per square foot. This property was built in 1967. 5506 Highway 81 S is a home located in Newton County with nearby schools including Oak Hill Elementary School, Veterans Memorial Middle School, and Alcovy High School.

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