Sold Price cut: $15,000 (1/9)
$254,900
3 beds · 2 baths · 1,900 sqft
40 Mildred Lane, Covington, GA 30016
Great deal
Priced about $85,923 (25%) below comparable homes. Estimated market value $340,823, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This charming and unique home is located in a NO HOA community and is full of character!! Offers a brand-new heating and air system installed 10/9/2025 with a 5 year transferable warranty, an electric car charging station, a new front porch, a new back deck with a fold-out awning, septic serviced on 9/12/2025, stainless steel appliances and a front-loading washer and dryer and…
PoolBasementNo HOARenovated
Listing remarks courtesy of Coldwell Banker Bullard Realty · Sold by Coldwell Banker Bullard Realty.
· FMLS #7665677770-914-9250
$1,743/mo est.
with $25,490 down · $254,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
2
Baths
1,900
Sqft
1990
Built
0.45 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,275/morange $2,125 – $2,42510.7% gross yield
Based on 7 similar rentals within 5 mi (4 recently leased).
3 bd · 2 ba · 1,404 sqft · 2.5 mi away$2,000/mo3 bd · 2 ba · 2.7 mi away · leased$1,850/mo3 bd · 2 ba · 2,035 sqft · 3.5 mi away · leased$1,675/mo4 bd · 2 ba · 3.2 mi away$2,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,817/mo
Principal & interest$1,488
Property taxes$255
Home insurance$74
Down payment$25,490 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePrice cut
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No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Oak HillElementary
Veterans Memorial - NewtonMiddle
AlcovyHigh
Location
35 for sale 6 pending 12 sold
Listed by
Coldwell Banker Bullard Realty · Sold by Coldwell Banker Bullard Realty
Source: FMLS · #7665677
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