NOT LISTED FOR SALE

9240 Colony Dr NW Covington, GA 30014

Estimated Value: $286,000 - $319,000

-- Bed
4 Baths
2,588 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $330,000 $128 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,899/month

3 Days on Market

About This Home

As of October 2023

Great opportunity for a very rare 6bd/4ba duplex in Covington, GA. Both units have been fully renovated with a new roof, LVP flooring, stainless steel appliances, interior & exterior paint, vanities, lighting, and tree removal. Each unit offers 3 spacious bedrooms, 2 full baths, and ~1,300 sqft. The property is located less than 2 miles from Oxford College of Emory University, Chick-fil-A, Starbucks, Kroger, and I-20. Take advantage of the growth in Atlanta and Newton County - thousands of jobs expected to be brought to the market in the next 5 years.

Last Agent to Sell the Property

Anthony Fontana

Cornerstone Real Estate Partners License #395599 Listed on: 09/17/2023

Last Buyer's Agent

Sammy Torres

Chapman Hall Premier, Realtors License #202344

Chapman Hall Premier, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1981

Lot Details

  • 0.46

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Flint Hill Elementary School
  • Cousins Middle School
  • Newton High School

Additional Features

  • 2-Story Property
  • 0.46 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, sewer, garbage, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,345

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .46
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Flint Hill
  • High School: Newton
  • Middle School: Cousins
  • Elementary School: Flint Hill
  • Middle School: Cousins
  • High School: Newton

Rental Info

  • Owner Pays: Electricity, Sewer, Garbage, Water

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1345

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Bullon Tony
Bought by
Porta Bianca Llc
Current Estimated Value
$300,500

Purchase Details

Closed on
Sep 26, 2024
Sold by
Porta Bianca Llc
Bought by
Bullon Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2023
Closed on
Oct 5, 2023
Sold by
Bar Netzer Ido
Bought by
Porta Bianca Llc
Seller's Agent
Anthony Fontana
Cornerstone Real Estate Partners
Buyer's Agent
Sammy Torres
Chapman Hall Premier, Realtors
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
Jan 12, 2023
Sold by
Devine Matthew
Bought by
Bar Netzer Ido and Bar Netzer Tali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2021
Sold by
Rc Marshall Investments Llc
Bought by
Griffin Tim and Devine Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,925
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2021
Sold by
Millen Donald W
Bought by
Rc Marshall Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,925
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Millen Donald W
Bought by
Coltharp John C
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
Porta Bianca Llc -- --
Bullon Tony -- --
Porta Bianca Llc $330,000 --
Bar Netzer Ido $215,000 --
Griffin Tim $139,900 --
Rc Marshall Investments Llc $600,000 --
Coltharp John C $590,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bullon Tony $245,000
Previous Owner Bar Netzer Ido $161,250
Previous Owner Griffin Tim $104,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $330,000 -2.9% $128 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $340,000 -- $131 / 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 $3,147 $124,240 $16,800 $107,440
2023 $2,363 $87,080 $6,400 $80,680
2022 $1,345 $49,560 $6,400 $43,160
2021 $1,607 $53,000 $6,400 $46,600
2020 $1,480 $44,040 $6,400 $37,640
2019 $1,270 $37,240 $6,400 $30,840
2018 $615 $35,800 $6,400 $29,400
2017 $580 $16,880 $2,000 $14,880
2016 $607 $17,680 $2,800 $14,880
2015 $586 $17,080 $2,000 $15,080
2014 $556 $16,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Fontana

    Seller's Agent in 2023

    Anthony Fontana

    Cornerstone Real Estate Partners

    (757) 646-6860

    6 in this area

    198 Total Sales

    Anthony Fontana
    Section Image
  • Sammy Torres

    Buyer's Agent in 2023

    Sammy Torres

    Chapman Hall Premier, Realtors

    (770) 652-1822

    1 in this area

    88 Total Sales

    Sammy Torres
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10204221

Georgia MLS

APN: 0061B00000101000

Georgia Newton County Covington 30014

9240 Colony Dr NW, Covington, GA

This home is located at 9240 Colony Dr NW, Covington, GA 30014 since 17 September 2023 and is currently estimated at $300,500, approximately $116 per square foot. This property was built in 1981. 9240 Colony Dr NW is a home located in Newton County with nearby schools including Flint Hill Elementary School, Cousins Middle School, and Newton High School.

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