NOT LISTED FOR SALE

9290 Cedar Ridge Dr NW Covington, GA 30014

Estimated Value: $223,000 - $253,000

-- Bed
4 Baths
2,588 Sq Ft
$93/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $215,000 $83 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,454/month

57 Days on Market

About This Home

As of April 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.

Last Agent to Sell the Property

Anthony Fontana

Cornerstone Real Estate Partners License #395599 Listed on: 01/23/2023

Last Buyer's Agent

Mary Russo

ERA Sunrise Realty License #123008

ERA Sunrise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1982

Lot Details

  • 0.49

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Parking

  • 6 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

$1,387

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .49
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 438775

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 6

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity 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: 1387

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Apr 7, 2023
Sold by
Devine Matthew
Bought by
Wagner Cornelia
Seller's Agent
Anthony Fontana
Cornerstone Real Estate Partners
Buyer's Agent
Mary Russo
ERA Sunrise Realty
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Views
649
Current Estimated Value
$240,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,509
Avg. Annual Appreciation
4.59%

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
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
Wagner Cornelia $215,000 --
Griffin Tim $139,900 --
Rc Marshall Investments Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffin Tim $104,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $215,000 -6.1% $83 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $229,000 0.0% $88 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $229,000 0.0% $88 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/23/2023 01/23/23 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 $2,146 $84,720 $16,800 $67,920
2023 $1,523 $56,120 $6,400 $49,720
2022 $1,387 $51,120 $6,400 $44,720
2021 $1,658 $54,680 $6,400 $48,280
2020 $1,502 $44,720 $6,400 $38,320
2019 $1,287 $37,720 $6,400 $31,320
2018 $623 $36,280 $6,400 $29,880
2017 $586 $17,080 $2,000 $15,080
2016 $614 $17,880 $2,800 $15,080
2015 $599 $17,440 $2,000 $15,440
2014 $568 $16,600 $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

    195 Total Sales

    Anthony Fontana
    Section Image

  • M

    Buyer's Agent in 2023

    Mary Russo

    ERA Sunrise Realty

    (404) 451-8000

    1 in this area

    13 Total Sales

    Mary Russo
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10125225

Georgia MLS

APN: 0061B00000122000

Georgia Newton County Covington 30014

9290 Cedar Ridge Dr NW, Covington, GA

This home is located at 9290 Cedar Ridge Dr NW, Covington, GA 30014 since 23 January 2023 and is currently estimated at $240,509, approximately $92 per square foot. This property was built in 1982. 9290 Cedar Ridge 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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