NOT LISTED FOR SALE

9245 Colony Dr NW Covington, GA 30014

Estimated Value: $249,000 - $278,000

-- Bed
4 Baths
2,588 Sq Ft
$100/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $239,700 $93 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,617/month

16 Days on Market

About This Home

As of February 2023

Great investment opportunity for a very rare 6bd/4ba duplex in Covington, GA. Some work could be done to quickly increase the property value! New roof in the past 12 months. 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 are expected to be brought to the market in the next 5 years. The property is occupied, no showings until DD. Sold As-Is. Highest and Best due by Friday 12/16 at 9 AM EST.

Last Agent to Sell the Property

Anthony Fontana

Cornerstone Real Estate Partners License #395599 Listed on: 12/14/2022

Last Buyer's Agent

Robbie Vekselman

HomeSmart License #359840

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1983

Lot Details

  • 0.49

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

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

Additional Features

  • 0.49 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,426

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .49
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 4

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, 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: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1426

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Feb 9, 2023
Sold by
Devine Matthew
Bought by
Gonzalez Rodriguez Aymet
Seller's Agent
Anthony Fontana
Cornerstone Real Estate Partners
Buyer's Agent
Robbie Vekselman
HomeSmart
List Price
$229,000
Sold Price
$239,700
Premium/Discount to List
$10,700
4.67%
Views
181
Current Estimated Value
$259,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,084
Avg. Annual Appreciation
5.00%
Original Mortgage
$179,775
Outstanding Balance
$174,915
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$96,394

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:

Collateral Analytics

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ICE

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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
Gonzalez Rodriguez Aymet $239,700 --
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
Open Gonzalez Rodriguez Aymet $179,775
Previous Owner Griffin Tim $104,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $239,700 +4.7% $93 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $229,000 -- $88 / 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 $2,411 $95,160 $16,800 $78,360
2023 $2,416 $89,040 $6,400 $82,640
2022 $1,426 $52,560 $6,400 $46,160
2021 $1,707 $56,280 $6,400 $49,880
2020 $1,541 $45,880 $6,400 $39,480
2019 $1,319 $38,680 $6,400 $32,280
2018 $638 $38,520 $6,400 $32,120
2017 $632 $18,400 $2,000 $16,400
2016 $659 $19,200 $2,800 $16,400
2015 $670 $19,520 $2,000 $17,520
2014 $635 $18,560 $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

  • R

    Buyer's Agent in 2023

    Robbie Vekselman

    HomeSmart

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10116213

Georgia MLS

APN: 0061B00000107000

Georgia Newton County Covington 30014

9245 Colony Dr NW, Covington, GA

This home is located at 9245 Colony Dr NW, Covington, GA 30014 since 14 December 2022 and is currently estimated at $259,784, approximately $100 per square foot. This property was built in 1983. 9245 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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