tomo logo

$148,700

Beds
4
Baths
1.0
sq ft
2,848

331 Highway 162, Covington, GA 30016

331 Highway 162

Covington, GA 30016

  • 5 days on market
**SELLER LIVES IN HOME** Calling all investors who have been searching for that perfect Farmhouse to bring back to life! This could be your dream statement and the perfect ROI you have been searching for. So much history in this 1900s farmhouse that sits on over an acre lot... if walls could talk. With 2848-sf waiting for the right person to add some personality and restore its former beauty, this 2-story farmhouse house is priced to sell. ONLY SERIOUS buyers who know how to handle a project of this size need to look. THIS IS NOT FOR BEGINNER FLIPPERS as it is a total rehab. Some piers have been replaced in the crawlspace, structural engineers have inspected, and some new plumbing has been done. The rest is up to your imagination. We do have a drawing of the original homefront for inspiration. (DO NOT APPROACH HOUSE WITHOUT APPOINTMENT) *Will be setting up showings days in the coming week.

Details

Property type

Single Family Residence

Est. home value

$176,486

Property condition

Fixer

Lot size

1.16 acres

Price per sq ft

$53

Year built

1930

Annual property taxes

$376

Price History

07/02/2024
FMLS

FMLS #7415475

Listed
$148,700
+2.55%
06/24/2024
FMLS

FMLS #7404794

Removed
$145,000
06/19/2024
FMLS

FMLS #7404794

Price change
$145,000
-4.54%

Schools & Community

Elementary school: 

South Salem

Middle school: 

Liberty - Newton

High school: 

Alcovy

Community features: 

None

Seller’s Loan History

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

Lender

United Bk

Loan start date

October 2007

Original loan amount

$0

Est. remaining balance

$0

Interest rate

6.62%

Loan type

New Conventional, 3 year

Seller

Melissa S Walton

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: 07/07/2024 at 1:55 PM

Listing updated: 07/04/2024 at 11:46 AM

Listed by: Vicki Rickett Pickivicki, PVH Real Estate Phone #: (770) 544-8095

MLS: FMLS #7415475

FMLS logo

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