tomo logo

$310,000

Beds
3
Baths
3.0
sq ft
Unknown

265 Forest Lake Dr, Covington, GA 30016

265 Forest Lake Dr

Covington, GA 30016

  • 20 days on market
Your dream home awaits on a private 4-acre lot in a charming neighborhood surrounded by serene private lakes. Enjoy the tranquility and seclusion of this property while unlocking the charm and potential of this well-crafted residence. The spacious eat-in kitchen serves as the heart of the home, ideal for gathering and creating lasting memories. Retreat to the cozy den with a traditional brick fireplace for relaxation or host unforgettable dinners in the separate formal dining room. The main level boasts stunning original hardwood floors, a comfortable master suite, two additional bedrooms, and two full bathrooms, providing ample space and convenience for the whole family. Downstairs, the expansive unfinished basement—with a full bathroom, tall ceilings, and a private exterior entry—offers endless possibilities. Customize it into the ultimate man cave, entertainment area, or even an income-generating living space. With a touch of creativity and modern upgrades, this well-built home can be transformed into your perfect dream retreat. Priced under $315K, this rare find is your chance to design the lifestyle you've always imagined.

Details

Property type

Single Family Residence

Est. home value

$327,590

Lot size

4.00 acres

Price per sq ft

Unknown

Year built

1973

Annual property taxes

$3,134

HOA

No

Price History

02/03/2025
FMLS

FMLS #7518964

Listed
$310,000
+3.68%
07/01/2024
FMLS

FMLS #7342028

Removed
$299,000
06/24/2024
FMLS

FMLS #7342028

Listed
$299,000

Schools & Community

Elementary school: 

South Salem

Middle school: 

Liberty - Newton

High school: 

Alcovy

Community features: 

Street Lights

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

$84,446
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$200,754
Cash to seller
$84,446

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

Seller’s Loan History

Lender

Everett Financial

Loan start date

January 2021

Original loan amount

$220,924

Est. remaining balance

$200,754

Interest rate

2.71%

Loan type

FHA, 30 year

Seller

Calenthia Honeycutt

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?

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Status: Active

Tomo last checked: 02/23/2025 at 6:10 PM

Listing updated: 02/18/2025 at 5:07 PM

Listed by: Tameeka Bankston, Coldwell Banker Realty Phone #: (770) 623-1900

MLS: FMLS #7518964

FMLS logo

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