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$554,900

Beds
4
Baths
4.5
sq ft
2,736

3145 Floyd St NE, Covington, GA 30014

3145 Floyd St NE

Covington, GA 30014

  • 72 days on market
    • Price drop $20,100↓
One of a kind opportunity to own a fully renovated historic home on prestigious Floyd St, within the golf-cart district of Covington. The Sunflower House, Circa 1890, is located within walking distance to the Historic Square, restaurants, parks, Cricket Frog trail, and Legion field. This home was renovated top to bottom in 2020, with no detail spared. From new plumbing, electrical, windows, insulation, roof, HVAC, water heaters, kitchen, baths, etc, it's all been replaced, while keeping the beauty and charm of the original heart of pine hardwoods, fireplaces, wood detailing, and expansive ceilings. With 2,736 sq foot, this home offers 4 spacious bedrooms, each with ensuite baths and walk-in closets, creating ample space for personal or investment use. A two car garage with additional space for storage was added during the renovation. The kitchen has an abundance of cabinets, granite countertops, stainless appliances, large island overlooking dining area and living room. The primary suite has his and hers closets with built ins and barn doors, his and hers vanities, a toilet room, and walk in shower. This is he perfect location to live or host an AirBNB. Currently used as a thriving AirBNB with super host status, All rental data available upon request. Assumable VA loan a 5.25 rate. *Priced below market- motivated sellers offering additional contribution towards closing* Must Have Appointment, call today!

Details

Property type

Single Family Residence

Est. home value

$514,310

Property condition

Updated/Remodeled

Lot size

0.28 acres

Price per sq ft

$203

Year built

1890

Annual property taxes

$4,318

HOA

No

Price History

02/10/2025
FMLS

FMLS #7497846

Price change
$554,900
-3.5%
01/20/2025
FMLS

FMLS #7497846

Price change
$575,000
-1.71%
12/11/2024
FMLS

FMLS #7497846

Listed
$585,000
+13.15%

Schools & Community

Elementary school: 

East Newton

Middle school: 

Cousins

High school: 

Eastside

Community features: 

Park, Sidewalks, 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

-$14,429
Asking price
$554,900
Closing costs (~8% of asking)
-$44,392
Est. remaining loan balance
-$524,937
Cash to seller
-$14,429

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

Seller’s Loan History

Lender

New America Funding

Loan start date

July 2023

Original loan amount

$534,061

Est. remaining balance

$524,937

Interest rate

6.79%

Loan type

VA, 30 year

Seller

Arlene Lester and Sheldon Presser

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: 02/24/2025 at 12:10 AM

Listing updated: 02/15/2025 at 1:13 PM

Listed by: Rhiannon Townley, RE/MAX Around Atl East Phone #: (770) 922-4222

MLS: FMLS #7497846

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