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$264,900

Beds
3
Baths
2.0
sq ft
1,991

40 Blake Ave, Covington, GA 30014

40 Blake Ave

Covington, GA 30014

  • 35 days on market
    • Price drop $5,000↓
Large Open Concept Cluster Home! Completely Renovated Ranch. Check the square footage - 1991 sq ft. All the rooms are big on this one. Very Spacious, Open & Airy. All New Interior Paint. All New Roof. New Light Fixtures. New Stainless Appliances. New Laminate & Carpet Flooring. This One Needs Nothing but You. Seller will pay down Buyers Rate. Lets Go!! ** This home is Grant/DPA eligible with preferred lender**

Details

Property type

Single Family Residence

Est. home value

$258,533

Property condition

Updated/Remodeled

Lot size

5,663 sq ft

Price per sq ft

$134

Year built

2008

Annual property taxes

$3,499.32

HOA

No

Price History

03/11/2025
GeorgiaMLS

GeorgiaMLS #10453542

Price change
$264,900
-1.85%
02/22/2025
GeorgiaMLS

GeorgiaMLS #10453542

Price change
$269,900
-1.82%
02/16/2025
GeorgiaMLS

GeorgiaMLS #10453542

Price change
$274,900
-1.79%

Schools & Community

Elementary school: 

South Salem

Middle school: 

Liberty

High school: 

Alcovy

Community features: 

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

$106,131
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$137,577
Cash to seller
$106,131

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

Seller’s Loan History

Lender

Singleton Thomas M

Loan start date

December 2020

Original loan amount

$153,000

Est. remaining balance

$137,577

Interest rate

2.81%

Loan type

New Conventional, 29 year

Seller

Kevin Sherrell

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: 03/12/2025 at 5:35 PM

Listing updated: 03/11/2025 at 12:39 PM

Listed by: Charles L. Holmes, List 4 Less

MLS: GeorgiaMLS #10453542

GeorgiaMLS logo

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