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For sale

$220,000

Price cut $90,000

Est. monthly cost

$1,733/mo

40 Oak Terrace Drive, Covington, GA 30016

Listing by Covenant Properties Realty

Beds
4
Baths
3
Sq ft
1,907
Lot
10,019 sqft

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

Type
Single Family Residence
Year built
2006
Price per sq ft
$115
HOA
$300/mo
Garage
—
Property tax (2024)
$2,873/yr
Listed
—
MLS #
10663267

Features

Interior

High Ceilings · Soaking Tub · Separate Shower · Walk-In Closet(s) · Master On Main Level

Appliances

Gas Water Heater · Convection Oven · Dishwasher · Disposal

Heating

Natural Gas

Cooling

Gas · Central Air

Flooring

Carpet · Laminate

View

City

Lot

City Lot

Property details

Interior

Bedrooms on main level:
3
Primary bedroom on main:
Yes
Fireplaces:
1
Fireplace features:
Gas Starter
Laundry:
Laundry Closet, Common Area, In Hall
Security:
Smoke Detector(s)
Levels:
Two

Exterior and lot

Lot size:
0.23 acres
Patio and porch:
Deck, Patio
Other structures:
Garage(s)

Construction

Architectural style:
Traditional
Construction materials:
Aluminum Siding, Brick
Roof:
Composition
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Cable Available

Parking

Parking features:
Garage

Community and HOA

Subdivision:
Oakwood Manor
HOA:
Yes
HOA fee:
$300/month
Association fee includes:
Swimming, Tennis
Community features:
Clubhouse, Playground, Pool, Sidewalks, Street Lights

Taxes and financial

Annual tax amount:
$2,873 (2024)
Listing terms:
Cash, Conventional, FHA, VA Loan

Monthly cost

Estimated monthly cost

$1,733/mo

Principal & interest
$1,084
Property taxes
$239
Home insurance
$110
HOA dues
$300

$44,000

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 22, 2026Listed for sale$310,000

Schools

  • Live Oak

    Elementary

  • Clements

    Middle

  • Newton

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Oakwood Manor

Listing information

Listing office:
Covenant Properties Realty
Listing ID:
10663267
Status:
For sale

Source: Georgia MLS · Updated 8m ago · Nov 10, 2026, 1:30 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 10, 2026, 1:30 AM ET

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