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55 Belmont Circle

55 Belmont Circle, Covington, GA 30016
Property in Newton
Sold Sep 30, 2020
$112,000
$92,896 by United Bank
Mortgage Due Jan 01, 2025
Sold Sep 17, 2009
$47,000
$37,600 by Bank Of America
Mortgage Due Sep 15, 2039
55 Belmont Circle has been categorized by the local assessors in Covington, GA as a residential type of property. The building on the property was first built in 1996 and is 28 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 55 Belmont Circle has 1,296 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 25,700 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 55 Belmont Circle was last sold in Sep 30, 2020 for $112,000. According to our calculations, that's $86.42 per sqft. Prior to that sales transaction, the property was sold for $47,000 in Sep 15, 2009. Current property owners are expected to pay $2,146 in taxes per year. The property on 55 Belmont Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,880. To break that down further, the land itself was valued at $8,800. While improvements to the property were assessed at a total of $82,080. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT66 BELMONT PH 3 0.59AC

Ownership

  • Current Owner : GNOME ESTATES R4 LLC
  • Previous Owner : GLICK HOLDING CO LLC
  • Owner Before Previous Owner: WELLS FARGO B TRUST 2006-NC3
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100905

Zoning

  • Zoning: R1

Geography

  • Account Number: 8879
  • Subdivision Phase Number: 3
  • Parcel: 00160-00000-210-000
  • Lot: 66
  • Municipality: COUNTY
  • Latitude: 33.5415
  • Longitude: -83.9538

    Address

  • Full Address: 55 Belmont Cir
  • Address - House Number: 55
  • Address - Street Name: Belmont
  • Address - Suffix Type: Cir
  • State: GA
  • City Name: Covington
  • Carrier Code: R005
  • 4-Digit Zip Code: 8741
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,146
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 266,059
  • High Value: 311,964
  • Low Value: 220,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,896
  • First Open Lien Mortgage Lender: UNITED BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $92,896
  • First Open Lien Mortgage Term: 50
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Market Valuation

  • Market Total Value: $227,200
  • Market Land Value: $22,000
  • Market Improvement Value: $205,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,880
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $82,080

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11793282155
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-003970
  • Previous Sale Recording Date: Sep 17, 2009
  • Previous Sale Contract Date: Sep 15, 2009
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED BANK
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $92,896
  • First Mortgage Terms: 50
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Sep 17, 2009
  • Previous Mortgage Loan Amount: $37,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 15, 2039

About Newton



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Frequently Asked Questions

What neighborhood is 55 Belmont Circle located in?
The 55 Belmont Circle is a located in the neighborhood of Newton in Newton, Covington.
What is the average sales price for listings in 55 Belmont Circle?
The average sales price for units in 55 Belmont Circle is $0 currently.

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