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$275,000

Beds
3
Baths
2.0
sq ft
2,004

120 Oaklake Dr, Covington, GA 30016

120 Oaklake Dr

Covington, GA 30016

  • 5 days on market
Welcome to your dream home! This delightful 3-bedroom, 2-bathroom ranch-style house offers a perfect blend of comfort, style, and modern convenience. Step inside to discover a thoughtfully renovated interior featuring tasteful updates throughout. The inviting living room is centered around a cozy fireplace, creating a warm and welcoming atmosphere for family gatherings and cozy evenings. Adjacent to the living area, the well-designed kitchen boasts newly installed countertops and ample cabinet space. One of the standout features of this home is the expansive bonus room. Whether you envision it as a game room, home theater, or additional family space, its versatility will fit all your needs and more. The master bedroom offers a tranquil retreat with an en-suite bathroom, while the two additional bedrooms are spacious and versatile, perfect for family, guests, or a home office. Both bathrooms have been stylishly updated with modern fixtures and finishes. Step outside to enjoy a well-maintained yard that includes ample space for gardening, play, or relaxation. Recent Upgrades: 2021- Repainted the exterior of the home. 2022- New gutters, Attic re-insulated, Septic Tank pumped. 2023- New windows, New flooring throughout (except the bonus room), Master bathroom renovated, New kitchen counters, Mini split installed in bonus room. This ranch-style gem is ready to welcome you home. Don't miss the opportunity to make it yours-schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$268,781

Lot size

0.59 acres

Price per sq ft

$138

Year built

1993

Annual property taxes

$2,398.34

Price History

01/17/2025
GeorgiaMLS

GeorgiaMLS #10442342

Listed
$275,000
-3.51%
01/01/2025
GeorgiaMLS

GeorgiaMLS #10365801

Removed
$285,000
11/24/2024
GeorgiaMLS

GeorgiaMLS #10365801

Price change
$285,000
-1.72%

Schools & Community

Elementary school: 

South Salem

Middle school: 

Indian Creek

High school: 

Alcovy

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$108,222
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$144,778
Cash to seller
$108,222

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

January 2021

Original loan amount

$159,300

Est. remaining balance

$144,778

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Georgene C Douglas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 5:00 PM

Listing updated: 01/17/2025 at 2:12 PM

Listed by: Brannon Coble, Watkins Real Estate Associates

MLS: GeorgiaMLS #10442342

GeorgiaMLS logo

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