tomo logo

$144,900

Beds
3
Baths
1.0
sq ft
Unknown

18 Laurel St, Covington, GA 30014

18 Laurel St

Covington, GA 30014

  • 1 day on market
Historic home in the heart of Porterdale. Enjoy the living room with a cozy fireplace; the home features original pine, hardwood floors throughout; kitchen has been updated with electric stove, the kitchen island features dishwasher and sink. Updated bathroom with shower; large level lot. Enjoy relaxing on the front porch or back deck while enjoying your morning coffee or afternoon refreshment. Fenced backyard with a storage shed. Subject property is eligible for Freddie Mac first look initiative thru April 10, 2025. No blind offers or assignments will be considered. Buyer MUST have pre-qual, POF, and "OFFER SUBMISSION CHECKLIST" with offer. Seller's closing attorney holds earnest money. Seller has never occupied the property. The Seller is open to concessions during negotiations. Concessions cannot exceed actual closing cost.

Details

Property type

Single Family Residence

Est. home value

$151,923

Lot size

0.29 acres

Price per sq ft

Unknown

Year built

1916

Annual property taxes

$1,573

HOA

No

Price History

03/11/2025
FMLS

FMLS #7538852

Listed
$144,900

Schools & Community

Elementary school: 

Middle Ridge

Middle school: 

Clements

High school: 

Newton

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

$31,689
Asking price
$144,900
Closing costs (~8% of asking)
-$11,592
Est. remaining loan balance
-$101,619
Cash to seller
$31,689

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

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

June 2023

Original loan amount

$103,790

Est. remaining balance

$101,619

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Holly Simmons and Michael Thomason

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: 03/12/2025 at 6:10 PM

Listing updated: 03/12/2025 at 8:06 AM

Listed by: Pamela Saunders, ERA Towne Square Realty, Inc. Phone #: (404) 299-1355

MLS: FMLS #7538852

FMLS logo

Recently listed in Covington

$317,000|4 bd|2.5 ba|House
$325,000|5 bd|2.5 ba|House
$286,000|3 bd|2.0 ba|House

Explore top cities in Georgia