SOLDSEP 22, 2023
747 S Highway 162
Covington, GA 30016
3 Beds
1 Bath
968 sqft (on 0.51 acres)
- 3 Beds
- 1 Bath
- 968 sqft (on 0.51 acres)
3 Beds
1 Bath
968 sqft
(on 0.51 acres)
Homes for Sale Near 747 S Highway 162
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from October 06, 2023
PRICE IMPROVEMENT! Introducing an exceptional value-add property located in Covington, GA, this property offers immense potential for investors seeking a rewarding opportunity. Situated on a fantastic lot spanning half acre, this property presents an exciting prospect for a total renovation and the possibility of conversion into a commercial space. *********Great value add opportunity******** With a total renovation needed, this property provides an ideal canvas for investors looking to add value and maximize their returns. The opportunity to transform the property from its current state into a modern and appealing space ensures that investors can capitalize on the demand for updated properties in the area. The location in Covington, GA, further enhances the property's appeal. Covington is a bustling city with a strong local economy and a growing population. Its strategic location, just a short distance from Atlanta, makes it an attractive destination for businesses and residents alike. This means that converting the property into a commercial space would tap into the thriving local market and offer a myriad of potential revenue streams. The potential for conversion into a commercial space adds significant value to this property. With the ability to explore various options such as retail, office space, or even a restaurant, investors have the freedom to choose the most lucrative and suitable use for their investment goals. Covington's growing commercial sector and favorable business climate make this property an excellent choice for investors looking to capitalize on the city's economic growth. In conclusion, this value-add property in Covington, GA, offers a remarkable opportunity for investors seeking a total renovation project with the potential for conversion into a commercial space. With the need for renovation, a superb lot, and the ability to tap into a thriving local market, this property presents an enticing investment opportunity for the right buyer SEEKING FOR CASH OFFERS ONLY!
Home Highlights
Parking
Open Parking
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$51/sqft
Listed
180+ days ago
Last check for updates: about 24 hours ago
Listed by Felipa Manaiza
Smart Realty Corp.
Bought with: Christopher Osagie, Fathom Realty GA, LLC.
Source: FMLS GA, MLS#7260581
Home Details for 747 S Highway 162
Active Status |
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MLS Status: Closed |
Interior Features |
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Interior Details Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Kitchen, Basement |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 968 Square Feet |
Appliances & Utilities Utilities: Electricity AvailableAppliances: OtherLaundry: None |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Gas & Electric Electric: OtherHas Electric on Property |
Windows, Doors, Floors & Walls Window: NoneFlooring: HardwoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: NoneFloors: Hardwood |
View Has a ViewView: Other |
Security Security: None |
Exterior Features |
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Exterior Home Features Roof: OtherPatio / Porch: NoneFencing: NoneOther Structures: NoneExterior: Other, No DockFoundation: Concrete PerimeterNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway |
Pool Pool: None |
Frontage Waterfront: NoneRoad Frontage: NoneRoad Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: None |
Farm & Range Horse Amenities: None |
Property Information |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: A-Frame |
Building Construction Materials: FrameNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: FixerParcel Number: 0046A00000051000 |
Price & Status |
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Price List Price: $49,000Price Per Sqft: $51/sqft |
Status Change & Dates Off Market Date: Wed Sep 13 2023Possession Timing: Close Of Escrow |
Media |
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Location |
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Direction & Address City: CovingtonCommunity: River North Estates |
School Information Elementary School: South SalemJr High / Middle School: Liberty - NewtonHigh School: Alcovy |
Building |
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Building Area Building Area: 968 Square Feet |
Community |
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Community Features: None |
HOA |
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No HOA |
Lot Information |
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Lot Area: 0.51 acres |
Listing Info |
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Special Conditions: Standard |
Energy |
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Energy Efficiency Features: None |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 7260581 |
Additional Information |
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None |
Price History for 747 S Highway 162
| Date | Price | Event | Source |
|---|---|---|---|
| 09/22/2023 | $49,000 | Sold | FMLS GA #7260581 |
| 09/15/2023 | $49,000 | Pending | FMLS GA #7260581 |
| 09/09/2023 | $49,000 | PriceChange | FMLS GA #7260581 |
| 08/28/2023 | $59,000 | PriceChange | FMLS GA #7260581 |
| 08/18/2023 | $69,000 | PriceChange | FMLS GA #7260581 |
| 08/13/2023 | $79,000 | Listed For Sale | FMLS GA #7260581 |
| 01/12/2023 | $7,000 | Sold | N/A |
| 12/04/2018 | $3,274 | Sold | N/A |
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $422 |
| Assessment | $41,600 |
Home facts updated by county records
Comparable Sales for 747 S Highway 162
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Single-Family Home | $90,000 | 12/14/23 | 2 | 1 | 900 | |
0.19 | Single-Family Home | $100,000 | 03/15/24 | 2 | 1 | 1,159 | |
0.13 | Single-Family Home | $210,000 | 07/14/23 | 3 | 3 | 1,572 | |
0.22 | Single-Family Home | $320,000 | 11/07/23 | 4 | 3 | 2,218 | |
0.44 | Single-Family Home | $325,000 | 03/14/24 | 3 | 2 | 2,242 | |
0.28 | Single-Family Home | $324,000 | 10/06/23 | 3 | 3 | 1,914 | |
0.79 | Single-Family Home | $72,500 | 07/06/23 | 2 | 2 | 996 | |
1.02 | Single-Family Home | $165,000 | 08/30/23 | 2 | 1 | 1,053 | |
1.14 | Single-Family Home | $95,000 | 09/08/23 | 2 | 1 | 989 |
Assigned Schools
These are the assigned schools for 747 S Highway 162.
- Alcovy High School
- 9-12
- Public
- 1905 Students
4/10GreatSchools RatingParent Rating AverageVery good school, Students and teachers work together to accomplish short term and long term goals.Parent Review1y ago - South Salem Elementary School
- PK-5
- Public
- 810 Students
2/10GreatSchools RatingParent Rating AverageI just withdrew my son from this school. He is only in kindergarten and I after over a year of bullying with no action taken I decided to take him out. The counselor had a nonchalant approach to my concerns and defended the other student that was bullying my child. There was a threat at the middle school nextdoor and staff told the parents they had no idea about it, even though the middle school called parents and there was a heavy police presence. The teachers are clearly overworked and not supported by the administrators. There is no communication between the staff. Enough is enough. Do better Newton county.Parent Review7mo ago - Liberty Middle School
- 6-8
- Public
- 998 Students
3/10GreatSchools RatingParent Rating AverageTerrible school, even my parents don't like it. Such a shame. Teachers single me out. They target certain students. I highly don't recommend.Student Review1y ago 
Check out schools near 747 S Highway 162.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
What Locals Say about Covington
- Trulia User
- Visitor
- 11mo ago
"My commute is relatively short. I can make it back and forth to work in a matter of minutes. It’s really not that bad "
- Trulia User
- Resident
- 1y ago
"they would love it it friendly and they use collars. I love this neighborhood and they have great schools"
- Trulia User
- Resident
- 1y ago
"It’s quiet most nights. There’s the occasional car with loud music, but it’s not often. No sidewalks"
- Trulia User
- Resident
- 2y ago
"The community is tight knit and everyone helps everyone. We look out for each other and maintain a standard of wellbeing. "
- Trulia User
- Prev. Resident
- 2y ago
"The safety of their children. The parents want to have good schools nearby. Accessibly to major stores."
LGBTQ Local Legal Protections
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 747 S Highway 162
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Off Market Homes Near 747 S Highway 162
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SOLDMAR 29, 2024Virtual Properties Realty.Net, LLC.- SOLDJAN 22, 2024
- SOLDJAN 16, 2024
- SOLDJAN 2, 2024
- SOLDDEC 21, 2023
- SOLDDEC 18, 2023
See more homes for sale inCovingtonTake a look
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747 S Highway 162, Covington, GA 30016 is a 3 bedroom, 1 bathroom, 968 sqft single-family home built in 1960. This property is not currently available for sale. 747 S Highway 162 was last sold on Sep 22, 2023 for $49,000 (0% higher than the asking price of $49,000).