Sold
$159,900
4 beds · 3 baths · 2,620 sqft
220 Spring Lake Terrace, Covington, GA 30016
Great deal
Priced about $319,224 (67%) below comparable homes. Estimated market value $479,124, based on 9 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Design Your Dream Home From the Studs Up! Located on a fantastic 0.36-acre lot in Covington, this 2,620 sq ft property is ready for a total rebirth. Following a fire event, the interior requires a full down-to-the-studs renovation—giving a savvy investor or ambitious buyer the ultimate blank canvas to recreate a modern 4BR/3BA masterpiece. Excellent neighborhood comps in a…
PoolBasementGarageNo HOARenovated
Listing remarks courtesy of Mainstay Brokerage LLC · Sold by Keller Williams Realty Atl Partners.
· FMLS #7783714800-583-2914
$1,093/mo est.
with $15,990 down · $159,900 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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Home details
4
Beds
3
Baths
2,620
Sqft
2005
Built
0.36 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,650/morange $2,475 – $2,82519.9% gross yield
Based on 6 similar rentals within 2 mi (3 recently leased).
Home facts
Payment calculator
$1,140/mo
Principal & interest$933
Property taxes$160
Home insurance$47
Down payment$15,990 (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 salePending
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Schools
West NewtonElementary
Veterans Memorial - NewtonMiddle
AlcovyHigh
Location
46 for sale 10 pending 12 sold
Listed by
Mainstay Brokerage LLC · Sold by Keller Williams Realty Atl Partners
Source: FMLS · #7783714
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