Priced to sell! Below Market.

Property Value $51,300
Your Financed Price $39,933 Your Cash Price $37,433
Your Financed Savings $11,367 Your Cash Savings $13,867
Payments Starting At $276/Mo.
Property Value $51,300
Your Financed Price $39,933
Your Financed Savings $11,367
Payments Starting At $276/Mo.
Your Cash Price $37,433
Your Cash Savings $13,867
PRICING DETAILS

Spacious wooded lot located very close to the yellow river at an amazing price. Situated in an established community away from the road but still has road access. Plenty of space to build your dream home while remaining close to downtown Covington and amenities. Only an hour drive From Atlanta and a few minutes away from beautiful community parks and golf courses. Take advantage of this great opportunity.

Property Location

The subject property described for sale on this page can be seen on the following aerial maps outlined in red, shaded in yellow, and marked with the red “SALE” icon.

RECENTLY SOLD PROPERTY COMPS

Recently, a lot very near the subject property was sold at 1.01 acres for $15K($14.8K per acre).

NEIGHBORHOOD HOME VALUES

With nearby homes appraised for up to $206K, the neighborhood is suited to retain high property value for whatever type of home you may wish to build on this vacant lot.

PROPERTY DETAILS

Status: Available
State: Georgia
APN: 00470-00000-051-000
Size: 8.55 Acres
Topography: Sloping
GPS: 33.534606, -83.898344
Short Legal: 8.55AC LOWER RIVER ROAD City/Muni/Twp: COUNTY
Annual Taxes: $727
HOA: N/A
Zoning: AR-Agricultural Residential
Setbacks: Front: Sixty (60) feet from right-of-way line of a major or minor arterial or collector street as defined in the Newton County Comprehensive Land Use Plan; or forty (40) feet from right-of-way line of any other street. Side: 15 feet, Rear: 40 feet’
Road Access: Off of Lower River Road
Electricity: Georgia Power or Snapping Shoals EMC
Water: City of Covington
Sewer: A septic tank could be installed, you would need to contact Environmental Health

Interactive Property Map

Easily get everywhere!

  • Downtown Covington – 10 minutes
  • Atlanta Airport (ATL) – 1 hr 10 minutes
  • Downtown Atlanta – 1 hr 3 minutes
  • University of Georgia (Athens) – 1 hr

FLEXIBLE PAYMENT OPTIONS TO FIT ANY BUDGET
WE FINANCE!
NO CREDIT CHECK. NO BANKS. PAY OFF ANYTIME.

Purchasing Options

Seller Financed Price: $39,933

Cash Price: $37,433 – you save an additional $2,500

Option 1

Down
$17,999

Monthly
$276

Term
180 months

Option 2

Down
$17,999

Monthly
$326

Term
120 months

Option 3

Down
$17,999

Monthly
$498

Term
60 months

This is a fully amortized loan financed at 12.90% with no credit check and no prepayment penalty. Lower interest rates are available with larger down payment. Contact us for details. Additional $20 per month loan servicing fee added to the monthly payment. $500 document and recording fee due at closing.

Ready To Buy?
JUST CALL 770-291-8999

AREA INFORMATION

Downtown Covington has become a vibrant downtown, which is a source of pride for the community. It has a unique blend of shopping and dining experiences that delight residents and visitors alike. Downtown's beautiful historical buildings are centered on the green oasis of the Square Park, where on many occasions wonderful concerts and community events take place throughout the year. Downtown Covington was named one of the Prettiest Small Towns in Georgia by Southern Living Magazine in 2017, and it was voted Best Town Square in Atlanta by the readers of The Atlanta Journal-Constitution in 2018. Referred to as "The Hollywood of the South," Downtown Covington has remained a gorgeous backdrop for over 100 films and television shows to date like "The Vampire Diaries," "In the Heat of the Night," "Dukes of Hazzard" and many more.(exploregeorgia.org)

Cost of Living


Compared to the rest of the country, Covington cost of living is 3.00% higher than the U.S. average.

Population


Covington population is 54,131 people. Since 2010, it has had a population growth of 5.85%.

Transportation


Average Commute time is 33 minutes. The National Average is 26 minutes.

Real Estate


The median home cost in Covington is $154,000. Home appreciation the last 10 years has been 7.36%.

Schools


There are about 15.4 students per teacher in Covington.

Housing Market


It's a good time to buy in Covington. Home Appreciation is up 12.2% in the last 12 months.

ECONOMIC OUTLOOK

Covington has an unemployment rate of 4.3%. The US average is 3.9%.

Covington has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 45.8%, which is higher than the US average of 33.5%.

Ready To Buy?
JUST CALL 770-291-8999

Local Hot Spots

  • The Oaks Golf Course
  • Ashton Hills Golf Club
  • Cornish Creek Reservoir/Lake Varner
  • Fox Vineyards & Winery
  • Georgia Wildlife Federation
  • Porterdale Yellow River Park
  • Academy Springs Park

Area Attractions

  • Alliance Theatre
  • Atlanta Botanical Garden, Inc.
  • Atlanta Symphony Orchestra
  • Centennial Olympic Park
  • Center For Civil And Human Rights
  • Chattahoochee River
  • Chick-Fil-A College Football Hall Of Fame
  • Children’S Museum Of Atlanta
  • Delta Flight Museum
  • Fernbank Museum Of Natural History
  • Fox Theatre
  • Georgia Aquarium
  • Jackson Street Bridge
  • Legoland Discovery Center Atlanta
  • Martin Luther King, Jr. National Historical Park
  • Mercedes-Benz Stadium
  • Michael C. Carlos Museum (Emory University)
  • Porsche Experience Center Atlanta
  • Six Flags Over Georgia
  • Skyline Park
  • State Farm Arena
  • Stone Mountain Park
  • Suntrust Park
  • The Shops Buckhead Atlanta
  • World Of Coca-Cola
  • Zoo Atlanta

Sports & Recreation

  • Atlanta Braves (MLB)
  • Atlanta Falcons (NFL)
  • Atlanta Hawks (NBA)
  • Atlanta United FC (MLS)
  • Atlanta Dream (WNBA)
  • Georgia Tech Yellow Jackets (NCAA)
  • Georgia State Panthers (NCAA)
  • Kennesaw State Owls (NCAA)
  • University of Georgia Bulldogs (NCAA – Athens, GA) 
  • Sugar Bowl
  • SEC Championship Game
  • 2019 Super Bowl
  • 54 Golf Courses within 30 Minutes
  • Atlanta Motor Speedway
  • Porsche Experience Center Atlanta

So, what are you waiting for?

Disclaimer:
Buyer to verify and perform their own due diligence regarding the feasibility of their plans. Buyer is responsible for verifying all information with the County as to what can and can’t be done with the property. Buyer will need to work with the County to obtain the proper permits if needed. Buyer will also need to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.