NOT LISTED FOR SALE

5608 Salem Rd Covington, GA 30016

Estimated Value: $113,000 - $254,000

3 Beds
1 Bath
1,760 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $150,000 $85 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,039/month

20 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Area or Nook
  • Level Lot
  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of June 2022

Wonderful opportunity to own this 3 bedrooms 1 bath home on a nice lot. Features family room, spacious kitchen with ample cabinets and a large backyard. Needs some TLC. Great opportunity for a homeowner looking to customize or add to their investment portfolio.

Last Agent to Sell the Property

Zareh Najarian

Jar House Brokerage License #322005 Listed on: 05/04/2022

Last Buyer's Agent

Laura Gaines

Keller Williams Realty Atl. Partners License #415924

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1952

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Parking Pad

Schools

  • South Salem Elementary School
  • Liberty Middle School
  • Newton High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,240

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • ArchitecturalStyle: Ranch
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 0.5
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1760
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1760
  • Above Grade Finished Sq Ft: 1760
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Laminate
  • Kitchen Features: Breakfast Area
  • Price Per Square Foot: 85.23

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Other
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 2

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: South Salem
  • High School: Newton
  • Middle School: Liberty
  • Elementary School: South Salem
  • Middle School: Liberty
  • High School: Newton

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1240.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Jkv Workforce I Llc
Bought by
Tops Housing Llc
Current Estimated Value
$174,064

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 15, 2022
Sold by
Najarian Capital Llc
Bought by
Jkv Workforce I Llc
Seller's Agent
Zareh Najarian
Jar House Brokerage
Buyer's Agent
Laura Gaines
Keller Williams Realty Atl. Partners
List Price
$167,900
Sold Price
$150,000
Premium/Discount to List
-$17,900
-10.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$122,400
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2022
Sold by
Brookshire Capital Llc
Bought by
Najarian Capital Llc

Purchase Details

Closed on
Nov 8, 1993
Sold by
Baston Sonny
Bought by
Lester Michael A
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
Tops Housing Llc $105,000 --
Jkv Workforce I Llc $150,000 --
Najarian Capital Llc $144,000 --
Brookshire Capital Llc $130,000 --
Lester Michael A $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Najarian Capital Llc $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $150,000 -6.2% $85 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/11/2022 05/11/22 Price Changed $159,900 -4.8% $91 / Sq Ft
05/04/2022 05/04/22 For Sale $167,900 -- $95 / 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 $1,445 $57,040 $5,520 $51,520
2023 $1,411 $52,920 $5,520 $47,400
2022 $798 $48,760 $5,520 $43,240
2021 $469 $34,880 $5,520 $29,360
2020 $1,110 $36,920 $7,200 $29,720
2019 $949 $31,720 $7,200 $24,520
2018 $933 $31,080 $7,200 $23,880
2017 $844 $28,480 $6,000 $22,480
2016 $734 $25,280 $6,000 $19,280
2015 $654 $22,960 $6,000 $16,960
2014 $241 $10,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zareh Najarian

    Jar House Brokerage

    Section Image

  • L

    Buyer's Agent in 2022

    Laura Gaines

    Keller Williams Realty Atl. Partners

    Section Image
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Map

Source: Georgia MLS

MLS Number: 20038551

Georgia MLS

APN: 0028000000146000

Georgia Newton County Covington 30016

5608 Salem Rd, Covington, GA

This home is located at 5608 Salem Rd, Covington, GA 30016 since 04 May 2022 and is currently estimated at $174,064, approximately $98 per square foot. This property was built in 1952. 5608 Salem Rd is a home located in Newton County with nearby schools including South Salem Elementary School, Liberty Middle School, and Alcovy High School.

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