5242 Salem Rd, Covington, GA, 30016

Location

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5242 Salem Rd, Covington$450,000

Buyer Closing Credits

$5,344^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAssigned, Driveway, Kitchen Level, Level Driveway, Parking Lot

Year Built1980

HeatingForced Air, Natural Gas

CoolingCeiling Fan(s), Central Air

WaterfrontNone

FireplaceNone

ViewPark, Rural, Trees/Woods

MLS #7299291

Lot Size5.41 Acres

StatusActive

About 5242 Salem Rd

Lovely 4-Sided Brick Ranch On Over 5 Acres With 4-Horse Barn. A Rare Find Anywhere In Georgia. Sprawling 4 Bedroom, 3 Bath, Oversized Ranch On Beautiful Pasture Land And An Additional Huge Tract Of Land Available In Separate Listing. Home Is In Good Condition For Immediate Move-In And For You To Make Your Personal Updates As You Wish. Home Features A Giant Sunroom And Gazebo On The Rear Overlooking The Tranquil Pasture Land. You Will Love The Storage And Space In The 4-Stall Barn With Paved Drive To The Front Door. This Home Has Parking For 6+ In Paved Spaces Plus Ample Parking In Driveways. Less Than 2 Miles (under 5 minutes) From Brown Bridge Publix, Walmart, Walgreens And Urgent Care. Aerial Video Available. Come See This Gem Today!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch, Traditional
• Year Built: 1980
• Living Area: 3,316 SqFt

Listing Office:

• Office Name: RE/MAX Around Atlanta
• Listing Agent: Dwight Hicks

Interior Features

Interior Information:

• Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
• Basement: No
• Flooring Type: Carpet, Ceramic Tile, Vinyl
• Interior: Entrance Foyer, Walk-In Closet(s)
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Park, Rural, Trees/Woods
• Exterior: Other

Parking Information:

• Attached Garage: No
• Parking: Assigned, Driveway, Kitchen Level, Level Driveway, Parking Lot

Lot Features

Lot Information:

• Lot: Farm, Level, Pasture, Private
• Lot Size: 5.41 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

• Alcovy High School, Public District Grades 9-12
• Liberty Middle School, Public District Grades 6-8
• Newton County Theme School At Ficquett, Public District Grades KG-8
• South Salem Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: From downtown Covington take Hwy 81 South to Salem Rd. At the traffic circle, take the 1st exit onto Salem Rd. Destination will be on the RIGHT approximately 1 mile. OR from I-20 take Exit 88 toward Almon Rd/Porterdale, turn RIGHT onto Crowell Rd N, turn RIGHT onto Hwy 81 S, continue straight to stay on Hwy 81 S, at the traffic circle, take the 1st exit onto Salem Rd, property is 1.1 mile on the RIGHT.

Price Information

Listing Price Info

Price Summary:

• List Price: $450,000
• Price Per SqFt: $136/SqFt

Tax Information:

• Annual Amount: $2,191
• Tax Year: 2020

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Housing Market Comparison

See how this home compares to others in Covington, GA.

Covington, GA

City

Med. Sold Price

$304.7K

Med. Price/SqFt

$158

Avg. Days On Market

44

# of Sold Homes

111

5242 Salem Rd vs Covington

175 DAYS ON ROCKET

+131 Days

$450,000

+$145.2K More

$136/SqFt

-$22 Less

KEY TAKEAWAY

This property is $145.2K more than the Median Sold Price and $22/SqFt less than other homes in Covington, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: First Multiple Listing Service
• MLS Number: #7299291

Listing Office:

• Office Name: RE/MAX Around Atlanta
• Listing Agent: Dwight Hicks

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Last updated on: 4/27/2024, 1:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,191	$69,120
2018	$2,161	$66,840
2017	$1,945	$60,560

History based on county public records data.

Rocket Homes›Georgia›Newton County›Covington›30016›5242 Salem Rd

This home is located at 5242 Salem Rd in Covington, GA and zip code 30016. This 3,316 square foot home, which was built in 1980, sits on a 5.41 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $450,000.

In March 2024 more than 17 listings in Covington, GA were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 51 were sold below. The inventory of homes for sale in Covington, GA between February 2024 and March 2024 increased by 19.8%. The median list price of listings available in March 2024 was $304,797, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.