NOT LISTED FOR SALE

S Waters Edge Dr S Unit LOT 5 Covington, GA 30014

Lake Varner Neighborhood

Estimated Value: $185,000 - $216,000

2.31 Acres
$85,626 Price per Acre
100,624 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $119,950

Est. 65% increase in value since last sale

Current estimated payment $1,266/month

339 Days on Market

Highlights

  • Ocean View
  • Lake Front
  • Community Lake
  • Eastside High School Rated A-
  • 2.31 Acre Lot
  • Level Lot

About This Lot

As of August 2020

SOUGHT AFTER EXCLUSIVE LAKE FRONT PROPERTY LOCATED ON 850 ACRE LAKE VARNER. THIS PROPERTY HAS AN EXCEPTIONAL VIEW AND A 226' WATER FRONTAGE THAT YOU HAVE TO SEE TO APPRECIATE THE TERRAIN. MOTORIZED BOATS ARE ALLOWED AND THE LAKE HAS POPULAR FISH SUCH AS LARGE-MOUTH BASS, STRIPED BASS AND BLACK & WHITE CRAPPIE. PROPERTY IS READY TO BUILD YOUR LAKE HOME WITH ALL THE UTILITIES AVAILABLE. ONLY 6 MILES FROM INTERSTATE 20.

Last Agent to Sell the Property

Joyce W. Turner

BHGRE Metro Brokers License #168474 Listed on: 07/12/2019

BHGRE Metro Brokers

Last Buyer's Agent

Joe Stockdale

Joe Stockdale Real Estate License #345446

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,225

Lot Details

  • 2.31 Acre Lot
  • Lake Front
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean
  • River
  • Lake

Schools

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

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Waters Edge On Lake Varner Subdivision
  • Community Lake

Recreation

  • Access To Lake
  • Water Access Is Utility Company Controlled

Property Details

Property Type

Land

Est. Annual Taxes

$1,225

Lot Details

0

Listing Details

  • Property Type: Land
  • District: 9
  • Financing Type: Conventional
  • Lot Size Acres: 2.31
  • Other Sturctures: None
  • Property Sub-Type: Residential Lot
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Frontage Road: 140
  • Lot Features: Other, Level
  • View: Lake, Ocean, River
  • Waterfront Features: No Dock Or Boathouse, Lake Access, Lake, Utility Company Controlled

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Flint Hill
  • High School: Eastside
  • High School Bus: Yes
  • Middle School: Cousins
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 351
  • Lot: 5
  • Deed Book: 2288
  • Deed Page: 541
  • Plat Book: 44
  • Plat Page: 103
  • CurrentUse: Subdivision
  • Zoning Description: Single Family

Tax Info

  • Year: 2017
  • Tax Annual Amount: 1225

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 7, 2020
Sold by
Waddell A Maurice
Bought by
Power Ralph D and Power Tracy L
Seller's Agent
Joyce W. Turner
BHGRE Metro Brokers
Buyer's Agent
Joe Stockdale
Joe Stockdale Real Estate
List Price
$135,900
Sold Price
$119,950
Premium/Discount to List
-$15,950
-11.74%
Current Estimated Value
$197,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,847
Avg. Annual Appreciation
10.35%
Original Mortgage
$75,000
Outstanding Balance
$52,809
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$144,988

Purchase Details

Closed on
Sep 29, 2006
Sold by
Waddell A Maurice
Bought by
Waddell A Maurice and Waddell Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.48%
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
Power Ralph D $120,000 --
Waddell A Maurice -- --
Waddell A Maurice $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Power Ralph D $75,000
Previous Owner Waddell A Maurice $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $119,950 -11.7% --
06/15/2020 06/15/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $135,900 -- --
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 $2,368 $90,000 $90,000 $0
2023 $1,264 $43,320 $43,320 $0
2022 $1,264 $43,320 $43,320 $0
2021 $1,402 $43,320 $43,320 $0
2020 $1,371 $40,800 $40,800 $0
2019 $1,392 $40,800 $40,800 $0
2018 $700 $40,800 $40,800 $0
2017 $1,225 $35,680 $35,680 $0
2016 $1,030 $30,000 $30,000 $0
2015 $569 $14,000 $14,000 $0
2014 $567 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce W. Turner

    Seller's Agent in 2020

    Joyce W. Turner

    Better Homes and Gardens Real Estate

    (770) 855-9746

    17 Total Sales

    Joyce W. Turner
    Section Image
  • Joe Stockdale

    Buyer's Agent in 2020

    Joe Stockdale

    Joe Stockdale Real Estate

    (404) 754-4701

    4 in this area

    716 Total Sales

    Joe Stockdale
    Section Image
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Map

Source: Georgia MLS

MLS Number: 8621377

Georgia MLS

APN: 0095B00000005000

Georgia Newton County Covington 30014 Lake Varner

S Waters Edge Dr S Unit LOT 5, Covington, GA

This home is located at S Waters Edge Dr S Unit LOT 5, Covington, GA 30014 since 12 July 2019 and is currently estimated at $197,797. S Waters Edge Dr S Unit LOT 5 is a home located in Newton County with nearby schools including Flint Hill Elementary School, Cousins Middle School, and Eastside High School.

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