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  • Price cut: $10K (6/2)
    $270,000

    40 Oak Terrace Dr, Covington, GA 30016

    4beds
    --sqft
    : 
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    Single Family Residence, Residential
    Built in 2006
    10,018 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $25/mo HOA

    What's special

    Welcome to this beautifully maintained four-bedroom ranch nestled in a quiet, established neighborhood. Designed for both comfort and functionality, the home features three generously sized bedrooms on the main level and an additional private bedroom upstairs-ideal for guests, a home office, or a retreat space. The spacious kitchen offers an inviting eat-in area, abundant cabinetry, and comes fully equipped with a stove, refrigerator, and dishwasher-perfect for everyday living and hosting holiday gatherings. Formal living and dining rooms provide ample space for entertaining and accommodating larger gatherings with ease. Step outside to a true entertainer's backyard oasis, complete with a large deck ideal for summer barbecues, outdoor dining, and relaxed evenings. Conveniently located near I-20 and just minutes from Highway 138, this home offers easy access while maintaining a peaceful residential setting. Oak Terrace presents a wonderful opportunity to enjoy space, comfort, and convenience all in one place. Schedule your showing today and experience everything this home has to offer. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.- An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of the platform. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. PLEASE SEE PRIVATE REMARKS. Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash offers EMD to be 5% or $5000 whichever is greater. - All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property
    185 days
    |
    246
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie Crockett,

    Covenant Properties Realty 678-438-3391

    Source: FMLS GA,MLS#: 7697137MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Family Room, Laundry
      Primary bedroom
      • Features: Master on Main
      • Level: Master on Main
      Bedroom
      • Features: Master on Main
      Primary bathroom
      • Features: Double Vanity, Separate Tub/Shower
      Dining room
      • Features: Open Concept
      Kitchen
      • Features: Breakfast Bar, Eat-in Kitchen
      Heating
      • Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Gas Water Heater
      • Laundry: Common Area, In Hall, Laundry Closet, Laundry Room
      Features
      • Entrance Foyer, High Ceilings, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Vinyl
      • Windows: Shutters
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas Starter, Great Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 0
      • Finished area above ground: 1,907
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Patio
      • Exterior features: None, No Dock
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: City
      • Waterfront features: None
      • Body of water: None
      Lot
      • Size: 10,018 Square Feet
      • Features: Back Yard
      Details
      • Additional structures: None
      • Parcel number: 0026G00000074000
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Aluminum Siding, Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Electric: Other
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      Green energy
      • Energy efficient items: None
      • Energy generation: None

      Community & HOA

      Community
      • Features: Clubhouse, Homeowners Assoc, Playground, Pool, Sidewalks, Street Lights
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: Oakwood Manor
      HOA
      • Has HOA: Yes
      • Services included: Swim, Tennis
      • HOA fee: $300 annually
      • HOA phone: 770-554-3984
      Location
      • Region: Covington

      Financial & listing details

      • Tax assessed value: $293,100
      • Annual tax amount: $2,873
      • Date on market: 12/31/2025
      • Cumulative days on market: 185 days
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,070/mo

        Price history

        DateEventPrice
        6/2/2026Price change$270,000-3.6%
        Source: GAMLS #10663267 Report a problem
        4/25/2026Price change$280,000-3.4%
        Source: GAMLS #10663267 Report a problem
        3/20/2026Price change$290,000-3.3%
        Source: GAMLS #10663267 Report a problem
        2/12/2026Price change$300,000-3.2%
        Source: GAMLS #10663267 Report a problem
        12/31/2025Listed for sale$310,000+3.3%
        Source: GAMLS #10663267 Report a problem
        12/22/2025Sold$300,000-7.7%
        Source: Public Record Report a problem
        5/16/2024Listing removed--
        Source: GAMLS #10285712 Report a problem
        5/8/2024Pending sale$325,000
        Source: GAMLS #10285712 Report a problem
        4/23/2024Listed for sale$325,000-9.7%
        Source: GAMLS #10285712 Report a problem
        4/22/2024Listing removed--
        Source: GAMLS #20172012 Report a problem
        3/13/2024Price change$360,000-10%
        Source: GAMLS #20172012 Report a problem
        2/20/2024Listed for sale$400,000+540%
        Source: GAMLS #20172012 Report a problem
        9/24/2014Listing removed--
        Source: Auction.com Report a problem
        9/24/2014Price change$62,500-64.1%
        Source: Auction.com Report a problem
        9/19/2014Listed for sale--
        Source: Auction.com Report a problem
        5/4/2006Sold$174,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,974 +1.8%$117,240 +1.6%
        2024$2,921 +5.8%$115,440 +4.1%
        2023$2,760 +12.8%$110,920 +28.4%
        2022$2,447 +35%$86,400 +39.2%
        2021$1,813 +3.6%$62,080 +15.4%
        2020$1,750 +2.1%$53,800 +2.6%
        2019$1,715 +6.2%$52,440 +5.8%
        2018$1,615 +5.1%$49,560 +4.8%
        2017$1,537 +0.1%$47,280 +5.3%
        2016$1,536 $44,880 +1.3%
        2015$1,536 +22.5%$44,320 +13.2%
        2014$1,254 $39,160 +37.5%
        2013-- $28,480 -10.2%
        2012-- $31,720 -19.8%
        2011-- $39,560 -25.7%
        2010-- $53,240 -4.3%
        2009-- $55,640 -63.8%
        2008$1,635 -21.5%$153,800 -4.1%
        2007$2,082 +447.8%$160,400 +10%
        2006$380 $145,800

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30016

        Getting around

        7 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Live Oak - Newton
        • Middle: Clements
        • High: Newton

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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