Sold
$155,100
4 beds · 3,132 sqft
40 Homestead Drive, Covington, GA 30016
Great deal
Priced about $369,112 (70%) below comparable homes. Estimated market value $524,212, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
You will love this home, the current owners do and it shows! 4 bd/3.5 bath Brick front Ross Mundy Resale in a small subdivision. Grand foyer entrance, formal living room, dining room, butlers pantry, over sized gourmet kitchen with breakfast room, large family room with fireplace, oversized master with sitting area and sep tub and shower, dual vanities and his and hers closets.
PoolBasementGarageNo HOA
Listing remarks courtesy of SOLID SOURCE REALTY INC. · Sold by SOLID SOURCE REALTY GA LLC.
· FMLS #5236660$1,060/mo est.
with $15,510 down · $155,100 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.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
4
Beds
3,132
Sqft
2006
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,250/morange $3,025 – $3,47525.1% gross yield
Based on 4 similar rentals within 2 mi (1 recently leased).
4 bd · 3 ba · 1.3 mi away$2,500/mo4 bd · 3 ba · 2,630 sqft · 1.9 mi away · leased$2,450/mo4 bd · 3 ba · 1.5 mi away$1,850/mo5 bd · 3 ba · 2,350 sqft · 1.7 mi away$2,815/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,105/mo
Principal & interest$905
Property taxes$155
Home insurance$45
Down payment$15,510 (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
We stand behind every home
AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Live Oak - NewtonElementary
Veterans Memorial - NewtonMiddle
NewtonHigh
Location
32 for sale 12 pending 12 sold
Listed by
SOLID SOURCE REALTY INC. · Sold by SOLID SOURCE REALTY GA LLC
Source: FMLS · #5236660
More homes you might like
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.. All rights reserved. IDX information is refreshed every 30 minutes; data last updated Oct 4, 2026, 5:00 AM ET. Technical services for the display and support of FMLS content on this site are provided in-house by Veribas Real Estate LLC, 3480 Preston Ridge Rd, Suite 500, Alpharetta, GA 30005 · (833) 837-4227 · hello@veribas.com.
Homes for sale by city
(833) 837-4227
hello@veribas.com
© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
