NOT LISTED FOR SALE

5647 Salem Rd Covington, GA 30016

Estimated Value: $347,000 - $403,565

2 Beds
2 Baths
2,248 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $182,400 $81 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,340/month

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • Whirlpool Bathtub
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of May 2020

Check out the 3D TOUR! This Newly updated home with unfinished basement sitting on 1 ACRE is equipped with a new finished; new HVAC, granite countertop, refinished wood floors, new carpet, new fixtures, new hardware, new interior/exterior paint. The open floor plan encompasses two spacious bedrooms with plenty of room for study, sleep, storage, and a sleek kitchen. On cold nights, cozy up to the beautiful brick fireplace in the living room. The spacious backyard and covered deck area perfect for entertaining visitors!

Last Agent to Sell the Property

Zareh Najarian

Jar House LLC License #322005 Listed on: 03/02/2020

Last Buyer's Agent

Pheloundashea Copeland

Keller Williams Realty Atl Partners License #382167

Keller Williams Realty Atl Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Land Lease

Parking

  • 2 Car Attached Garage
  • Drive Under Main Level
  • Driveway

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Kitchen Island
  • Laundry Room
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Tanyard Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0028000000143A00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic, Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Great Room
  • Number Of Fireplaces: 2
  • Interior Amenities: Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Unfinished
  • Kitchen Features: Kitchen Island
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 2248.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower, Whirlpool Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Exterior Features: Balcony

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Drive Under Main Level, Driveway, Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Tanyard Estates

Schools

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

Lot Info

  • Acres: 1.0000
  • Deed Page: 381
  • Lot Features: Level
  • Lot Dimensions: 1
  • Parcel Number: 0028000000143A00
  • Horse Amenities: None
  • Land Lease: Yes
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1063.00
  • Assessor Parcel Number: 0028000000143A00
  • Close Date: 2020-05-15
  • Tax Year: 2018

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 15, 2020
Sold by
Najarian Capital Llc
Bought by
Walker Richard
Seller's Agent
Zareh Najarian
Jar House LLC
Buyer's Agent
Pheloundashea Copeland
Keller Williams Realty Atl Partners
List Price
$185,900
Sold Price
$182,400
Premium/Discount to List
-$3,500
-1.88%
Current Estimated Value
$368,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,491
Avg. Annual Appreciation
14.04%
Original Mortgage
$173,280
Outstanding Balance
$154,221
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$214,670

Purchase Details

Closed on
Aug 7, 2019
Sold by
Stinchcomb George W
Bought by
Najarian Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,125
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2013
Closed on
Apr 28, 2014
Sold by
Equity Trust Co Custodian
Bought by
Stinchcomb George W
Seller's Agent
Jim McElroy
RE/MAX Around Atlanta East
Buyer's Agent
Charlotte Johnson
The American Realty
List Price
$69,000
Sold Price
$72,000
Premium/Discount to List
$3,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%
Original Mortgage
$70,695
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2013
Sold by
Alexander Malinda R
Bought by
Talley Nancy R and Talley Lester W

Purchase Details

Closed on
Nov 2, 2010
Sold by
Walker Richard E
Bought by
Newton Co 5649 Salem Road L Tr
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
Walker Richard $182,400 --
Najarian Capital Llc $100,000 --
Stinchcomb George W $72,000 --
Talley Nancy R -- --
Equity Trust Co Custodian Fbo $52,500 --
Newton Co 5649 Salem Road L Tr $35,301 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Richard $173,280
Previous Owner Najarian Capital Llc $87,125
Previous Owner Stinchcomb George W $3,977
Previous Owner Stinchcomb George W $70,695
Previous Owner Walker Richard E $140,000
Previous Owner Walker Richard $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $182,400 -1.9% $81 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $185,900 +158.2% $83 / Sq Ft
04/30/2014 04/30/14 Sold $72,000 +4.3% $32 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $69,000 0.0% $31 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $69,000 -- $31 / 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 $4,704 $189,560 $7,400 $182,160
2023 $4,724 $177,960 $7,400 $170,560
2022 $2,639 $101,120 $7,400 $93,720
2021 $1,868 $65,480 $4,800 $60,680
2020 $1,658 $49,360 $4,800 $44,560
2019 $972 $32,400 $4,800 $27,600
2018 $929 $30,960 $4,800 $26,160
2017 $869 $29,200 $3,600 $25,600
2016 $869 $29,200 $3,600 $25,600
2015 $855 $29,320 $3,600 $25,720
2014 $719 $28,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6688326

First Multiple Listing Service (FMLS)

APN: 0028000000143A00