40 Oak Terrace Dr, Covington, GA, 30016
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.- 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
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2006
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Aluminum Siding,Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Water Heater
- Laundry features: Common Area,In Hall,Laundry Closet,Laundry Room
Basement
- Basement: None
Bedroom
- Features: Master on Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Features: Open Concept
Features
- Entrance Foyer,High Ceilings,High Ceilings 9 ft Lower,High Ceilings 9 ft Main,High Ceilings 9 ft Upper,Walk-In Closet(s)
- Window features: Shutters
- Flooring: Carpet,Laminate,Vinyl
- Number of fireplaces: 1
- Fireplace features: Gas Starter,Great Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,907
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 0
Kitchen
- Features: Breakfast Bar, Eat-in Kitchen
Master Bathroom
- Features: Double Vanity, Separate Tub/Shower
Master Bedroom
- Features: Master on Main
- Level: Master on Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0026G00000074000
- Other equipment: None
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Patio
- Exterior features: None,No Dock
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Waterbody name: None
Lot
- Lot size: 10,018 sqft
- Features: Back Yard
Parking
- Total spaces: 4
- Parking features: Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,314 | $15,768 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $184 | $2,208 |
| Electricity | $219 | $2,637 |
| Total | $1,883 | $22,596 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-25 | Price change | $280,000 |
| 2026-03-20 | Price change | $290,000 |
| 2026-02-12 | Price change | $300,000 |
| 2025-12-31 | Listed for sale | $310,000 |
| 2025-12-22 | Sold | $300,000 |
| 2024-05-16 | Listing removed | -- |
| 2024-05-08 | Pending sale | $325,000 |
| 2024-04-23 | Listed for sale | $325,000 |
| 2024-04-22 | Listing removed | -- |
| 2024-03-13 | Price change | $360,000 |
| 2024-02-20 | Listed for sale | $400,000 |
| 2014-09-24 | Listing removed | -- |
| 2014-09-24 | Price change | $62,500 |
| 2014-09-19 | Listed for sale | -- |
| 2006-05-04 | Sold | $174,000 |
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