NOT LISTED FOR SALE

865 S Highway 162 Covington, GA 30016

Estimated Value: $415,000 - $465,112

3 Beds
1 Bath
2,732 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $400,000 $146 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,681/month

219 Days on Market

Highlights

  • 27.1 Acre Lot
  • Traditional Architecture
  • 4 Fireplaces
  • Partially Wooded Lot
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2024

Approximately 27 acres of land, located on busy Hwy 162 in Covington. The property features 1000+/- feet of road frontage on Hwy 162, as well as 1000+/- feet of additional road frontage on Fire Tower Rd, including the half acre corner lot at the intersection of Hwy 162 and Fire Tower Rd. There is a farmhouse located on the property, built in 1894. It's currently livable, but has no central heat or air and is in need of repairs & renovation. The entire parcel is Zoned A-R per the Newton County Tax Assessor's website, but neighboring property has Commercial zoning. Several residential housing developments are located nearby as well. There is so much potential here. With a full renovation, the home could be a showplace. Or the property itself could be repurposed for a different use entirely, with county approval. Call today to schedule an appointment to see it for yourself!

Last Agent to Sell the Property

Kim Freshwater

Century 21 Crowe Realty License #353622 Listed on: 04/16/2023

Century 21 Crowe Realty

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1896

Lot Details

  • 27.1 Acre Lot
  • Corner Lot
  • Partially Wooded Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,732 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces
  • Wood Flooring
  • Crawl Space
  • Expansion Attic
  • Country Kitchen
  • Laundry in Hall

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Livingston Elementary School
  • Liberty Middle School
  • Alcovy High School

Utilities

  • Heating System Uses Propane
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,165

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 10
  • Year Built: 1896
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: 27.10
  • Other Sturctures: Outbuilding
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2732
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: None
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 2732
  • Above Grade Finished Sq Ft: 2732
  • Interior Amenities: Attic Expandable
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Country Kitchen
  • Price Per Square Foot: 146.412

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Heating: Propane
  • Laundry Features: In Hall
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Livingston
  • High School: Alcovy
  • High School Bus: Yes
  • Middle School: Liberty
  • Middle School Bus: Yes
  • Elementary School: Livingston
  • Middle School: Liberty
  • High School: Alcovy

Lot Info

  • Land Lot: 61
  • Deed Book: 1054
  • Deed Page: 0158
  • Plat Book: 36
  • Plat Page: 19

Multi Family

  • Total Fireplaces: 4

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4165.44

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Jan 17, 2024
Sold by
Helton Frank
Bought by
Koduru Nagaraj and Koduru Sryvidya
Seller's Agent
Kim Freshwater
Century 21 Crowe Realty
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Views
123
Current Estimated Value
$443,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,028
Avg. Annual Appreciation
6.21%
Original Mortgage
$320,000
Outstanding Balance
$315,891
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$126,955

Purchase Details

Closed on
Jan 14, 2022
Sold by
Helton Frank
Bought by
Helton Frank and Helton Sandra

Purchase Details

Closed on
Jun 11, 2001
Sold by
Switzer Virginia
Bought by
Helton Frank
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
Koduru Nagaraj $400,000 --
Helton Frank -- --
Helton Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koduru Nagaraj $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $400,000 -8.0% $146 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $435,000 0.0% $159 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/15/2023 10/15/23 For Sale $435,000 0.0% $159 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $435,000 0.0% $159 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $435,000 -- $159 / 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 $3,983 $161,080 $96,720 $64,360
2023 $3,316 $126,080 $72,080 $54,000
2022 $3,616 $137,120 $75,880 $61,240
2021 $4,048 $137,360 $79,200 $58,160
2020 $2,437 $76,440 $45,080 $31,360
2019 $2,374 $73,480 $45,080 $28,400
2018 $1,159 $71,440 $45,080 $26,360
2017 $2,389 $73,480 $43,720 $29,760
2016 $1,925 $59,960 $31,720 $28,240
2015 $1,980 $61,560 $33,040 $28,520
2014 $1,872 $58,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10149808

Georgia MLS

APN: 0046000000037000