tomo logo

$585,000

Beds
4
Baths
4.5
sq ft
2,736

3145 Floyd St NE, Covington, GA 30014

3145 Floyd St NE

Covington, GA 30014

  • 8 days on market
One of a kind opportunity to purchase an established and thriving AirBNB in Historic Covington. Are you looking for yourself instead? The Sunflower House, Circa 1890, is located only 1/2 mile from the Historic Covington Square on highly desirable Floyd St. This home was renovated top to bottom in 2020, with no detail spared. You will fall in love with the mix of modern amenities and historic charm. 4 spacious bedrooms, each with ensuite baths and walk-in closets, create ample space for personal or investment use. Entering from the rocking chair front porch, you will discover restored heart of pine original hardwoods, expansive ceilings, and an abundance of natural light through brand new windows. The renovation included updated baths, a new roof, new hot water heaters, restored decorative fireplaces, 2 car garage addition, closet built ins, restored & new wood ceilings and trim work throughout, new plumbing & electrical, new HVAC, and so much more! The kitchen has an abundance of cabinets, granite countertops, stainless appliances, large island overlooking dining area and living room. The master suite has his and hers closets with built ins and barn doors, his and hers vanities, a toilet room, and walk in shower. This home's close proximity to the Cricket Frog Trail, Legion Field, and the golf-cart friendly Square district make it the perfect location to live or host an AirBNB. All rental data available upon request, home is Super Host Status. Assumable VA loan. Must Have Appointment!

Details

Property type

Single Family Residence

Est. home value

$514,310

Property condition

Updated/Remodeled

Lot size

0.28 acres

Price per sq ft

$214

Year built

1890

Annual property taxes

$4,318

HOA

No

Price History

12/11/2024
FMLS

FMLS #7497846

Listed
$585,000
+13.15%
07/21/2023
GeorgiaMLS

GeorgiaMLS #10146784

Sold
$517,000

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

$12,256
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$525,944
Cash to seller
$12,256

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

$525,944

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: 12/22/2024 at 5:30 AM

Listing updated: 12/19/2024 at 3:28 AM

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

MLS: FMLS #7497846

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