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Covington 30014
5234 Pinecrest Drive
$319,900
● House - Off Market

5234 Pinecrest Drive

Covington, GA 30014
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,562 Ft²
$330,749
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Newly remodeled, 3 bedroom and 3 bath home, just minutes from downtown Covington square! The great room welcomes you upon entry to an open concept family room, dining area, and kitchen which features all new stainless appliances, granite countertop, and subway tile backsplash. Laundry room off kitchen with exterior door to carport. Upgraded LVP and granite countertops throughout the main level. Tile Shower in Master bath. New lighting and plumbing fixtures, along with fresh paint throughout the entire interior and exterior of the home. Ranch style on an unfinished basement with full bath and also large crawl space giving plenty of storage. Brand new roof. Large, level back yard with mature trees for privacy and peaceful flowing creek. Convenient to restaurants, shopping, and downtown! No HOA!
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$205
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #20060088)

Price History

Date / Event Date Event Price
Sep 7, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by Keller Williams Greater Athens $319,900
Listed by Keller Williams Greater Athens
May 10, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 804
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINECREST INDIAN CREEK CIRCLE
  • Land Acres: 0000000740
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: .74AC LTS 18-PT17 BLK B

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 2
  • Census Tract: 100701

Zoning

  • Zoning: R1

Geography

  • Account Number: 38673
  • Parcel: C0290-00010-001-000
  • Block: B
  • Lot: 18
  • Municipality: COVINGTON
  • Latitude: 33.5856
  • Longitude: -83.8618

    Address

  • Full Address: 5234 Pinecrest Dr Sw
  • Address - House Number: 5234
  • Street Segment Direction: SW
  • Address - Street Name: Pinecrest
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Covington
  • Carrier Code: C008
  • 4-Digit Zip Code: 3554
  • Zip Code: 30014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $306,080
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 305,387
  • High Value: 363,341
  • Low Value: 247,432

    Market Valuation

  • Market Total Value: $303,200
  • Market Land Value: $16,500
  • Market Improvement Value: $286,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,280
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $114,680

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-004689
  • Previous Sale Recording Date: May 10, 2022
  • Previous Sale Contract Date: Apr 28, 2022
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Covington

Stats & Trends

Median Asking:

$337,500

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

79

Average Home Size

1911 ft²

Average Home Age

35.1 years

Currently For Sale

122 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3 Beech Street, Porterdale, GA, 30014

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
3 Beech Street, Porterdale, GA, 30014
Unit for rent at 9220 Golfview Circle, Covington, GA, 30014

$1,900 /mo

  • 4 Beds
  • 3 Baths
9220 Golfview Circle, Covington, GA, 30014

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Nicole Floyd, Keller Williams Greater Athens
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20060088
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5234 Pinecrest Drive built and last sold?
The property at 5234 Pinecrest Drive was built in 1967 and last sold on Aug 30, 2022 for $319,900.
How much is this home worth?
The estimated value of the home located at 5234 Pinecrest Drive is $0.
What are some comparable homes to 5234 Pinecrest Drive?
There are currently no comparable homes to 5234 Pinecrest Drive.
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