NOT LISTED FOR SALE

5781 Salem Rd Covington, GA 30016

Estimated Value: $223,000 - $264,000

3 Beds
2 Baths
1,320 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $250,000 $189 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,504/month

65 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Garage
  • Corner Lot
  • Central Air
  • Family Room

About This Home

As of August 2023

A home that checks every box! This Renovated Ranch in Covington is the ideal property for your family. Located on a large, level corner lot with an impressive 20x50 garage, two parking spots, and a covered porch. Inside you’ll find brand new carpet throughout the living area and bedrooms; a new HVAC system, roof, and water heater; metal fencing surrounding the yard, LVP in Kitchen and hallway, and a New garage door. Local shopping within walking distance! Ready to move in and ready to love! Don’t miss this opportunity!

Last Agent to Sell the Property

Joe Peterson

Briko LLC License #359063 Listed on: 05/03/2023

Last Buyer's Agent

Clairessa Benton

Keller Williams Premier License #422078

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1994

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Common Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • ArchitecturalStyle: Ranch
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .03
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1320
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher
  • Bedrooms: 3
  • Basement: None
  • Below Grade Finished Sq Ft: 1320
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Fireplace Features: Living Room
  • Flooring: Carpet, Vinyl

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Corner Lot
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Common
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet
  • 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: Alcovy
  • Middle School: Liberty

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 18, 2023
Sold by
Najarian Capital Llc
Bought by
Space Developers Llc
Seller's Agent
Zareh Najarian
Jar House Brokerage
Buyer's Agent
Terry Kellam
Coldwell Banker Bullard Realty
List Price
$184,900
Sold Price
$177,500
Premium/Discount to List
-$7,400
-4%
Views
114
Current Estimated Value
$248,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,087
Avg. Annual Appreciation
12.59%
Original Mortgage
$175,525
Interest Rate
6.27%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
Oct 4, 2022
Sold by
Hinkelman Daniel W
Bought by
Najarian Capital Llc

Purchase Details

Closed on
Sep 24, 1999
Sold by
Evans Gregory J and Evans Mary C
Bought by
Hinkelman Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,403
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1994
Sold by
Ruben Morgan
Bought by
Evans Gregory Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,600
Interest Rate
8.53%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Space Developers Llc $177,500 --
Najarian Capital Llc $121,200 --
Hinkelman Daniel W $87,900 --
Evans Gregory Mary $74,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Space Developers Llc $175,525
Previous Owner Hinkelman Daniel W $87,403
Previous Owner Evans Gregory Mary $70,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $250,000 -1.9% $189 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $254,900 -1.9% $193 / Sq Ft
06/05/2023 06/05/23 Price Changed $259,900 -3.7% $197 / Sq Ft
05/14/2023 05/14/23 Price Changed $269,900 -1.9% $204 / Sq Ft
05/03/2023 05/03/23 For Sale $275,000 +54.9% $208 / Sq Ft
01/18/2023 01/18/23 Sold $177,500 -4.0% $134 / Sq Ft View Prior Sale
12/23/2022 12/23/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $184,900 -- $140 / 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 $2,341 $92,400 $5,520 $86,880
2023 $2,070 $76,280 $5,520 $70,760
2022 $1,534 $60,400 $5,520 $54,880
2021 $1,338 $48,000 $5,520 $42,480
2020 $1,515 $49,000 $7,200 $41,800
2019 $1,241 $40,280 $7,200 $33,080
2018 $1,229 $39,680 $7,200 $32,480
2017 $1,060 $34,760 $6,000 $28,760
2016 $913 $30,480 $6,000 $24,480
2015 $867 $29,160 $6,000 $23,160
2014 $601 $21,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Peterson

    Briko LLC

    Section Image

  • Z

    Seller's Agent in 2023

    Zareh Najarian

    Jar House Brokerage

    Section Image

  • C

    Buyer's Agent in 2023

    Clairessa Benton

    Keller Williams Premier

    (678) 977-5009

    3 in this area

    6 Total Sales

    Clairessa Benton
    Section Image

  • T

    Buyer's Agent in 2023

    Terry Kellam

    Coldwell Banker Bullard Realty

    (678) 575-4879

    2 in this area

    29 Total Sales

    Terry Kellam
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20119994

Georgia MLS

APN: 0028000000079A00

Georgia Newton County Covington 30016

5781 Salem Rd, Covington, GA

Not Listed for Sale

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