NOT LISTED FOR SALE

553 Stone St NW Covington, GA 30014

Estimated Value: $214,276 - $239,000

-- Bed
2 Baths
1,872 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $139,000 $74 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,422/month

87 Days on Market

About This Home

As of December 2020

No sign in yard. No Seller Property Disclosure Statement. Seller has never lived in property. Tenant occupied. PLEASE DO NOT DISTURB TENANTS. Due to Covid-19, showings will be conducted during due diligence period. INVESTORS! This duplex really is a great opportunity!! Three bedrooms and one bath per unit. Perfectly located close to Interstate 20. Its location is convenient to shopping and schools. Each unit is spacious with a kitchen, breakfast area, laundry, and family room. What a value: GREAT LOCATION, TENANT OCCUPIED, PERFECTLY PRICED!

Last Agent to Sell the Property

Charles Rawls

Your Home Sold Guaranteed Realty, LLC. License #243680 Listed on: 09/02/2020

Your Home Sold Guaranteed Realty, LLC.

Last Buyer's Agent

Charles Rawls

Your Home Sold Guaranteed Realty, LLC. License #243680 Listed on: 09/02/2020

Your Home Sold Guaranteed Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1997

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 167x135x167x123

Home Design

  • Duplex
  • Composition Roof

Schools

  • Flint Hill Elementary School
  • Cousins Middle School
  • Newton High School

Additional Features

  • 1-Story Property
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Cedar Ridge Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 0061B00000100000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,274

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • MLS Status: Closed
  • Property Sub Type: Duplex
  • Property Condition: Resale
  • Year Built: 1997
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Income

Interior Features

  • Window Features: None

Exterior Features

  • Roof Type: Composition

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Subdivision Complex: CEDAR RIDGE

Schools

  • Elementary School: Flint Hill
  • Middle School: Cousins
  • High School: Newton

Lot Info

  • Acres: 0.4700
  • Lot: 22
  • Land/Lot: 269
  • Plat Book: 16
  • Plat Page: 267
  • Lot Dimensions: 167x135x167x123
  • Parcel Number: 0061B00000100000
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1274.00
  • Assessor Parcel Number: 0061B00000100000
  • Close Date: 2020-12-23
  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flint Hill
  • High School: Newton
  • Middle School: Cousins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Dec 23, 2020
Sold by
J Zappa Realty Corp
Bought by
Jung Eugene
Seller's Agent
Charles Rawls
Your Home Sold Guaranteed Realty, LLC.
Buyer's Agent
Charles Rawls
Your Home Sold Guaranteed Realty, LLC.
List Price
$150,000
Sold Price
$139,000
Premium/Discount to List
-$11,000
-7.33%
Current Estimated Value
$230,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,069
Avg. Annual Appreciation
11.69%
Original Mortgage
$104,250
Outstanding Balance
$94,088
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$138,854

Purchase Details

Closed on
Dec 2, 2013
Sold by
J Zappa Realty Corp
Bought by
J Zappa Realty Corp and Kegler Holding Corp

Purchase Details

Closed on
Apr 8, 2011
Sold by
Newton Fedl Bk
Bought by
J Zappa Realty Corp

Purchase Details

Closed on
May 4, 2010
Sold by
Dna Synergies Llc
Bought by
Newton Fedl Bk

Purchase Details

Closed on
Jan 22, 2009
Sold by
Newton Federal Bank
Bought by
Dna Synergies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2008
Sold by
Jds Homes Inc
Bought by
Newton Federal Bank

Purchase Details

Closed on
Oct 22, 2002
Sold by
Bruno Michael B and Bruno Jeff P
Bought by
Smith David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jung Eugene $139,000 --
J Zappa Realty Corp -- --
J Zappa Realty Corp $23,400 --
Newton Fedl Bk $90,195 --
Dna Synergies Llc $70,000 --
Newton Federal Bank $125,235 --
Smith David M $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Eugene $104,250
Previous Owner Dna Synergies Llc $86,000
Previous Owner Smith David M $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $139,000 -7.3% $74 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $150,000 0.0% $80 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $150,000 -- $80 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $2,012 $79,440 $16,800 $62,640
2023 $1,969 $72,560 $6,400 $66,160
2022 $1,586 $58,440 $6,400 $52,040
2021 $1,686 $59,320 $6,400 $52,920
2020 $1,574 $46,840 $6,400 $40,440
2019 $1,314 $38,520 $6,400 $32,120
2018 $1,274 $37,120 $6,400 $30,720
2017 $640 $18,640 $2,000 $16,640
2016 $667 $19,440 $2,800 $16,640
2015 $665 $19,360 $2,000 $17,360
2014 $630 $18,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Rawls

    Seller's Agent in 2020

    Charles Rawls

    Your Home Sold Guaranteed Realty, LLC.

    (678) 878-6009

    10 in this area

    52 Total Sales

    Charles Rawls
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6775948

First Multiple Listing Service (FMLS)

APN: 0061B00000100000

Georgia Newton County Covington 30014

553 Stone St NW, Covington, GA

This home is located at 553 Stone St NW, Covington, GA 30014 since 02 September 2020 and is currently estimated at $230,069, approximately $122 per square foot. This property was built in 1997. 553 Stone St NW is a home located in Newton County with nearby schools including Flint Hill Elementary School, Cousins Middle School, and Newton High School.

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