40 Oak Terrace Dr Covington, GA 30016
Estimated payment $1,813/month
Highlights
- City View
- Deck
- Main Floor Primary Bedroom
- Clubhouse
- Traditional Architecture
- High Ceiling
About This Home
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. - All offers must be entered through propoffers.com. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. - 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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,873
Year Built
- Built in 2006
Lot Details
- 10,019 Sq Ft Lot
- Grass Covered Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1,907 Sq Ft Home
- 2-Story Property
- High Ceiling
- Fireplace With Gas Starter
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- City Views
- Expansion Attic
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Convection Oven
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry in Hall
Outdoor Features
- Deck
- Patio
Location
- City Lot
Schools
- Live Oak Elementary School
- Clements Middle School
- Newton High School
Utilities
- Central Air
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 74
Community Details
Overview
- Association fees include swimming, tennis
- Oakwood Manor Subdivision
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Community Playground
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,966 | $117,240 | $20,000 | $97,240 |
| 2024 | $2,972 | $115,440 | $20,000 | $95,440 |
| 2023 | $2,953 | $110,920 | $8,000 | $102,920 |
| 2022 | $2,288 | $86,400 | $8,000 | $78,400 |
| 2021 | $1,813 | $62,080 | $8,000 | $54,080 |
| 2020 | $1,723 | $53,800 | $8,000 | $45,800 |
| 2019 | $1,702 | $52,440 | $8,000 | $44,440 |
| 2018 | $1,614 | $49,560 | $10,800 | $38,760 |
| 2017 | $1,536 | $47,280 | $10,800 | $36,480 |
| 2016 | $1,454 | $44,880 | $8,400 | $36,480 |
| 2015 | $1,434 | $44,320 | $8,400 | $35,920 |
| 2014 | $1,254 | $39,160 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | Price Changed | $290,000 | -3.3% | $152 / Sq Ft |
| 02/12/2026 02/12/26 | Price Changed | $300,000 | -3.2% | $157 / Sq Ft |
| 12/31/2025 12/31/25 | For Sale | $310,000 | -- | $163 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | -- | |
| Deed | $174,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,600 | FHA |
Source: Georgia MLS
MLS Number: 10663267
APN: 0026G00000074000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
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Ask me questions while you tour the home.