Investor opportunity!! Income-producing duplex. This is the entire Duplex for sale. 55 Gum Tree and 53 Gum tree. Each unit has 3 bedrooms, 2 full bathrooms plus bonus room that could be used as 4th bedroom. The units have been freshly painted, new vinyl flooring. Each tenant paying $1,400/month, one lease expiring 7/31/2023 and the other lease expiring 5/31/2024. DO NOT DISTURB TENANT. ALL SHOWINGS WILL BE SCHEDULED ONCE UNDER CONTRACT DURING DUE DILIGENCE. DO NOT USE SHOWING TIME. SOLD AS IS. NO DISCLOSURES. Preferred closing attorney- THE LAW OFFICE OF RUSSELL C PETERSON.
Closed
$320,000
53 Gum Tree Ct, Covington, GA 30016
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1997
-- sqft lot
$317,800 Zestimate®
$--/sqft
$1,814 Estimated rent
Home value
$317,800
$299,000 - $337,000
$1,814/mo
Zestimate® history
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$1,952/mo
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Zillow last checked:
Listing updated:
Listed by:
Isabel Baron 404-518-1163,
La Rosa Realty Georgia LLC
Bought with:
Angelica Briceno, 388482
Keller Williams Chattahoochee
Source: GAMLS,MLS#: 10174492
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Body of water: None
Lot
- Size: 0.5 Acres
Details
- Parcel number: 0012000000088000
- Special conditions: As Is,Investor Owned,No Disclosure
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Other
Condition
- Resale
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Features: None
- Subdivision: NONE
HOA
- Has HOA: No
- Services included: None
Location
- Region: Covington
Financial & listing details
- Tax assessed value: $338,900
- Annual tax amount: $1,699
- Date on market: 6/20/2023
- Cumulative days on market: 93 days
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2023 | Sold | $320,000+101.3% |
Source:  GAMLS #10174492 Report a problem | ||
| 4/2/2020 | Sold | $159,000+54.4% |
Source:  FMLS GA #6664319 Report a problem | ||
| 12/21/2017 | Sold | $103,000+102% |
Source: Public Record Report a problem | ||
| 11/26/2014 | Sold | $51,000-44.9% |
Source: FMLS GA #5361572 Report a problem | ||
| 10/1/2013 | Sold | $92,500+137.2% |
Source: Public Record Report a problem | ||
| 3/1/2013 | Sold | $39,000-70.7% |
Source: Public Record Report a problem | ||
| 1/11/2005 | Sold | $133,000-1.5% |
Source: Public Record Report a problem | ||
| 9/1/2004 | Sold | $135,000-0.6% |
Source: Public Record Report a problem | ||
| 4/30/2003 | Sold | $135,800+1080.9% |
Source: Public Record Report a problem | ||
| 11/11/1997 | Sold | $11,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,435 +16% | $135,560 +16% |
| 2024 | $2,960 +68.6% | $116,880 +73.7% |
| 2023 | $1,755 -3.3% | $67,280 +10.8% |
| 2022 | $1,816 +1.8% | $60,720 +6.2% |
| 2021 | $1,785 +0.6% | $57,160 +13.2% |
| 2020 | $1,773 +2.4% | $50,480 +3.2% |
| 2019 | $1,731 +3.9% | $48,920 +4% |
| 2018 | $1,666 +140.1% | $47,040 +151.3% |
| 2017 | $694 +8% | $18,720 |
| 2016 | $643 | $18,720 +19.1% |
| 2015 | $643 +13.5% | $15,720 +4.8% |
| 2014 | $566 | $15,000 |
| 2013 | -- | $15,000 -30.2% |
| 2012 | -- | $21,480 |
| 2011 | -- | $21,480 -30.6% |
| 2010 | -- | $30,960 -27.7% |
| 2009 | -- | $42,800 |
Find assessor info on the county website
Neighborhood: 30016
Nearby homes
- $286,0004 bd2 ba-- sqft53-55 Gum Tree Ct 55 Gum Tree Ct, Covington, GA 30016Off Market
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- $1,8504 bd2 ba1.2k sqft69 Gum Tree Ct, Covington, GA 30016For Rent
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Nearby schools
GreatSchools rating
- 3/10Live Oak Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Veterans Memorial Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Newton High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: West Newton
- Middle: Veterans Memorial
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$317,800
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Estimated market value
$317,800
- Georgia
- Newton County
- Covington
- 30016
- 53 Gum Tree Ct
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