See Home Value
Newton 30016
5487 Salem RD
$225,377*
House - Off Market

5487 Salem RD

Covington, GA 30016
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1232 Sqft
$203,000 - $247,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Aug 11, 2023
$225,000
$220,924 by Mortgage Investors Group
Mortgage Due Aug 01, 2053
Sold Mar 31, 2017
$100,000
$85,000 by Meier Wayne E
Mortgage Due Apr 01, 2032

About This Property

Beautiful newly renovated 3bedroom/1bath! Metal roof, hardwood flooring and new paint throughout the entire home . Features include newly renovated eat in kitchen, stainless steel appliances, granite countertops with pantry, separate family room with beautiful fireplace. Newly added back porch. Custom storage and nice outbuildings located on land. Home is on a 1 acre lot with a fenced in back yard perfect for gardening and storage. Conveniently located to nearby shopping and restaurants. Call your agent today!

The manager has listed the unit size as 1232 square feet.
Unit Size
1,232Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold to Lindsay Smith $225,000
Sold to Lindsay Smith
Jun 19, 2023 No longer available -
No longer available
Jun 4, 2023 Price Decreased $225,000
↓ $15K (6.3%)
Price Decreased
Jun 1, 2023 Price Decreased $240,000
↓ $15K (5.9%)
Price Decreased
May 18, 2023 Price Decreased $255,000
↓ $5K (1.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,060
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: R3 MISC LAND - AREA 6
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1AC SALEM RD

Ownership

  • Current Owner : SMITH LINDSAY
  • Previous Owner : WATSON NORMAN
  • Owner Before Previous Owner: SUTHARD ROBERT FLOYD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100902

Zoning

  • Zoning: R1

Geography

  • Account Number: 14890
  • Parcel: 00280-00000-095-000
  • Municipality: COUNTY
  • Latitude: 33.5618
  • Longitude: -83.9324

    Address

  • Full Address: 5487 Salem Rd
  • Address - House Number: 5487
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Covington
  • Carrier Code: R005
  • 4-Digit Zip Code: 7915
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,799
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.0954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 91
  • Final Value: 219,955
  • High Value: 240,946
  • Low Value: 198,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Aug 11, 2023
  • First Open Lien Mortgage Loan Amount: $220,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $186,500
  • Market Land Value: $18,500
  • Market Improvement Value: $168,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,600
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $67,200

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Transaction ID: 11911908222
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2017
  • Previous Sale Contract Date: Mar 31, 2017
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Aug 11, 2023
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MEIER WAYNE E
  • Previous Mortgage Transaction Date: Mar 31, 2017
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2032



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,301 ft²
$203/ft²
$263,900 May 3, 2023
-
$153/mo
House
3 Beds
2 Baths
1,320 ft²
$204/ft²
$269,900 May 3, 2023
-
-
In Contract
House
3 Beds
2 Baths
1,997 ft²
$125/ft²
$249,900 Apr 27, 2023
-
$215/mo

About Newton


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Frequently Asked Questions

When was property at 5487 Salem Road built and last sold?
The property at 5487 Salem Road was built in 1955 and last sold on Aug 11, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 5487 Salem Road is $253,835.
What are some comparable homes to 5487 Salem Road?
Homes that are comparable to 5487 Salem Road include a house property at 30 Millcrest Drive, 5781 Salem Road, 40 Wynfield Keep.

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