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    Property profile & analytics

    3302 Covington Dr Decatur, GA 30032-2225

    • Garden apartment buildings
    • 1,020 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $1,190,000
    Last Sale
    Jun 06, 2022
    $1,350,000
    Location Intelligence
    Property ID
    US22-1278622
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 3302 Covington Dr

    Year built
    1970
    Lot size
    0.02 lot acres
    Property size
    1,020 SF
    Zone code
    RM85
    Property type
    Garden apartment buildings
    APN
    15 218 14 056
    APU
    1521814056

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,105,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,375,000
      6.5%
      $1,245,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,120,000
      Geo Method
      $1,470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,435,000
      Retail
      $1,220,000
      Mixed-Use
      $1,610,000
      Hospitality
      $1,565,000
      Educational
      $1,665,000
      Residential Income
      $1,430,000
      Energy
      $1,415,000
      Income-Based Land
      $1,580,000
      Food Service
      $1,395,000

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2532
    Latitude
    33.7624
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,033
    $2,688
    $19,712
    $22,400
    -
    $6,720
    $49,280
    $56,000

    Comparable in this City

    • Value Estimation by Request
      1,020 SF

      3266 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3266 Covington Dr, Decatur, GA 30032-2243
      View Details
    • Value Estimation by Request
      1,020 SF

      3254 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3254 Covington Dr, Decatur, GA 30032-2250
      View Details
    • Value Estimation by Request
      1,020 SF

      3250 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3250 Covington Dr, Decatur, GA 30032-2251
      View Details
    • Value Estimation by Request
      1,020 SF

      3270 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3270 Covington Dr, Decatur, GA 30032-2215
      View Details
    • Value Estimation by Request
      1,020 SF

      3282 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3282 Covington Dr, Decatur, GA 30032-2235
      View Details
    • Value Estimation by Request
      1,020 SF

      3276 Covington Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,020 SF
      3276 Covington Dr, Decatur, GA 30032-2238
      View Details

    Similar Nearby for Sale

    • $800,000
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      Decatur Multifamily Land

      2.86 Acres, MR2 Zoning, Development Ready
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    • $715,000
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      Decatur Triplex: Prime Investment Opportunity

      Well-maintained triplex in Decatur with furnished unit and private laundry.
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      0.38 Acres

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      Turnkey Decatur duplex, fully furnished, proven Airbnb income.
      1485 Janmar Dr, Decatur, GA 30032
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    • $715,000
      0.28 Acres

      Decatur Triplex Investment Opportunity

      Well-maintained triplex in Downtown Decatur with excellent income potential.
      2897 White Oak Dr, Decatur, GA 30032
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    • New
      $630,000
      0.41 Acres

      Updated Triplex in Decatur Heart

      Move-in ready triplex with updated units and prime location.
      2889 White Oak Dr, Decatur, GA 30032
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    • $495,000
      0.38 Acres

      Renovated Duplex in Prime Location

      Turnkey Decatur duplex, fully furnished, ideal for investors or owner-occupants.
      1485 Janmar Dr, Decatur, GA 30032
      View Details

    Similar Nearby for Lease

    • $1,875 /Mo

      Updated Duplex Unit Available Now

      Spacious 2 bed, 1 bath duplex unit for rent.
      2041 Nettie Ct, Decatur, GA 30032
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Chelsea's Plaza

      2,400 SF retail/office space available in Decatur, GA.
      3423-3709 Covington Dr, Decatur, GA 30032
      View Details
    • Contact for pricing
      7,500 SF

      Decatur Freestanding Office Building For Rent

      7,500 SF freestanding office building with ample parking.
      3486 Covington Hwy, Decatur, GA 30032
      View Details
    • Contact for pricing

      Retail Space I-285 and Memorial

      Retail space available at I-285 and Memorial Drive.
      4570 Memorial Dr, Decatur, GA 30032
      View Details
    • New
      $1,770 /Mo
      1,350 SF

      Turnkey Salon Suites in Decatur

      Fully furnished salon suites available for lease assumption in Decatur.
      4292-A Memorial Dr, Decatur, GA 30032
      View Details
    • $11 SF/Yr
      21,417 SF

      Decatur Retail Center - Prime Location

      High-Visibility Retail Space, 21,417 SF
      3879 Covington Hwy, Decatur, GA 30032
      View Details
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    Decatur, GA 30032-2225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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