NOT LISTED FOR SALE

7 Magnolia St Covington, GA 30014

Estimated Value: $86,000 - $143,000

2 Beds
1 Bath
1,008 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $87,500 $87 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $714/month

87 Days on Market

Highlights

  • Great Room
  • Porch
  • 1-Story Property
  • No HOA
  • Bungalow

About This Home

As of November 2023

Historic mill town home in Porterdale ready for you to make it your own. Two bedrooms/one bath home with a fenced in yard. Enjoy sitting on your large front porch in this historic area of town. Home needs some work but would make a GREAT flip property. Just a little TLC on this open canvas will make this home a true gem you will be proud to own/resell/or rent out. There are 2 nice sized bedrooms and a large kitchen. Homes in this area are selling for over $200K after renovations.

Last Agent to Sell the Property

Jessica Epps

HomeSmart License #348556 Listed on: 07/16/2023

HomeSmart

Last Buyer's Agent

Andre Merkerson

Prestige Realty Services License #392210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1922

Lot Details

  • 4,792 Sq Ft Lot
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Great Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Middle Ridge Elementary School
  • Clements Middle School
  • Newton High School

Additional Features

  • Porch
  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 4
  • Year Built: 1922
  • ArchitecturalStyle: Bungalow/Cottage
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .11
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo)
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1008
  • Above Grade Finished Sq Ft: 1008
  • Interior Amenities: Master On Main Level
  • Full Bathrooms: 1
  • Fireplace Features: Masonry
  • Flooring: Other
  • Price Per Square Foot: 86.8055

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Sloped
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Middle Ridge
  • High School: Newton
  • High School Bus: Yes
  • Middle School: Clements
  • Middle School Bus: Yes
  • Elementary School: Middle Ridge
  • Middle School: Clements
  • High School: Newton

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Nov 8, 2023
Sold by
Hunter Danny Joe
Bought by
Fortune Rental Properties Llc
Seller's Agent
Jessica Epps
HomeSmart
Buyer's Agent
Andre Merkerson
Prestige Realty Services
List Price
$125,000
Sold Price
$87,500
Premium/Discount to List
-$37,500
-30%
Total Days on Market
87
Views
577
Current Estimated Value
$108,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,228
Avg. Annual Appreciation
14.97%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Raatz Aaron F
Bought by
Hunter Danny Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2000
Sold by
Jordan Lucille M
Bought by
Raatz Aaron
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fortune Rental Properties Llc $87,500 --
Hunter Danny Joe $35,000 --
Raatz Aaron $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortune Rental Properties Llc $135,000
Previous Owner Hunter Danny Joe $35,000
Previous Owner Raatz Aaron F $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $87,500 -16.7% $87 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $105,000 -8.7% $104 / Sq Ft
08/30/2023 08/30/23 Price Changed $115,000 -8.0% $114 / Sq Ft
08/21/2023 08/21/23 For Sale $125,000 0.0% $124 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/16/2023 07/16/23 For Sale $125,000 -- $124 / 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 $1,373 $36,520 $10,000 $26,520
2023 $877 $27,280 $5,600 $21,680
2022 $709 $23,200 $5,600 $17,600
2021 $519 $17,520 $5,600 $11,920
2020 $392 $15,560 $5,600 $9,960
2019 $345 $15,000 $5,600 $9,400
2018 $482 $14,040 $5,600 $8,440
2017 $334 $9,720 $3,200 $6,520
2016 $334 $9,720 $3,200 $6,520
2015 $323 $9,400 $3,200 $6,200
2014 $170 $9,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Epps

    Seller's Agent in 2023

    Jessica Epps

    HomeSmart

    (404) 966-9362

    1 in this area

    33 Total Sales

    Section Image
  • Andre Merkerson

    Buyer's Agent in 2023

    Andre Merkerson

    Prestige Realty Services

    (404) 749-0070

    10 in this area

    53 Total Sales

    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20133502

Georgia MLS

APN: P001000000065000

Georgia Newton County Covington 30014

7 Magnolia St, Covington, GA

This home is located at 7 Magnolia St, Covington, GA 30014 since 16 July 2023 and is currently estimated at $108,728, approximately $107 per square foot. This property was built in 1922. 7 Magnolia St is a home located in Newton County with nearby schools including Middle Ridge Elementary School, Clements Middle School, and Newton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes