40 Oak Terrace Drive

Covington, GA
$ 240,000 Beds 4 Baths 3
Monthly Estimate* How much can I afford?

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

Active

  • Price
  • $ 240,000
  • City
  • Covington
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Newton
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.23 Acres
  • Zip
  • 30016
  • Year Built
  • 2006
  • Taxes
  • $ 2873
  • Style
  • Ranch, Traditional
  • MLS#
  • 7697137
Listed By: Covenant Properties Realty - 678-438-3391.
Data Source: First Multiple Listing Services (FMLS)

Features

General

Sewer Public Sewer
Heating Natural Gas
Cooling Central Air,Electric
Utilities Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Roof Composition
Appliances Dishwasher,Disposal,Gas Water Heater
HOA Fee 300
Garage Spaces 2
Association Fee Includes Swim,Tennis
Patio/Porch Features Deck,Patio
Architectural Style Ranch,Traditional
Pool Features None
Security Features Fire Alarm,Smoke Detector(s)
Construction Materials Aluminum Siding,Brick,Vinyl Siding
Year Built 2006
Electric Other
View City
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
Parcel Number 0026G00000074000
Waterfront Features None
Community Features Clubhouse,Homeowners Assoc,Playground,Pool,Sidewalks,Street Lights
Accessibility None
Assoc Fee Paid Per Annually
County Newton - GA
Property Type Residential
HOA true
Energy Efficient None
Subdivision Name Oakwood Manor
Green Energy Generation None
Other Structures None
Full Baths 3
Status Active
Directions Use GPS. Less than 5 minutes from the highway.
High School Newton
City Covington
Body of Water None
Spa Features None
Elementary School Live Oak - Newton
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2873
Home Warranty Y/N false
Middle/Junior High School Clements
Property Condition Resale
Standard Status Active
Tax Lot 74
Freehold IDX
Corporate Owner None

Interior Features

Interior Amenities Entrance Foyer,High Ceilings,High Ceilings 9 ft Lower,High Ceilings 9 ft Main,High Ceilings 9 ft Upper,Walk-In Closet(s)
Basement None
Flooring Carpet,Laminate,Vinyl
Total Fireplaces 1
Fireplace Features Gas Starter,Great Room
Common Walls No Common Walls
Window Features Shutters
Above Grade Finished Area 1907
Laundry Features Common Area,In Hall,Laundry Closet,Laundry Room
Total Bedrooms 4
Room Type Family Room,Laundry
Main Level Bedrooms 3
Main Level Bathrooms 2
Kitchen Features Breakfast Bar,Eat-in Kitchen
Total Baths 3
RoomBedroomFeatures Master on Main
Primary Bathroom Features Double Vanity,Separate Tub/Shower
Dining Room Features Open Concept

Exterior Features

Exterior Amenities None
Fencing None
Parking Features Driveway,Garage
Lot Features Back Yard
Water Source Public
Total Parking 4
Foundation Details Slab
Lot Size Acres 0.23
Road Surface Type Concrete
Lot Size Source Other
Road Frontage Type City Street
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Mableton, GA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Live Oak - Newton Elementary School
Middle School Clements Middle School
High School Newton High School

Price History

3/27/2026 Listed $290,000
4/25/2026 3% - $280,000
6/2/2026 4% - $270,000
7/4/2026 4% - $260,000
8/6/2026 4% - $250,000
9/10/2026 4% - $240,000

Property vs Zip Code Average in 30016

Statistics provided by Kunversion

Price
AVG $330K
$240K
Taxes
AVG $3,330
$2,873
Year Built
AVG 2002
2006

Areas That We Cover

40 Oak Terrace Drive Covington, GA is a Single Family Home for sale at $240000 and a lot size of 0.23 Acres Acre(s). 40 Oak Terrace Drive Covington has 4 bedrooms, 3 baths and was built in 2006. The property's zip code is 30016 which is in Covington, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.