NOT LISTED FOR SALE

1040 Sullivan Rd Newnan, GA 30265

Woodstream Neighborhood

Estimated Value: $1,585,299

-- Bed
-- Bath
4,500 Sq Ft
$352/Sq Ft Est. Value

About This Home

As of April 2022

Constructed in 2017 - 1040 Sullivan Road offers the perfect space for business offices, professional services or medical office. Entry features a reception area and a beautiful board room. Adjacent to Oak Hill Professional Park with a dedicated parking lot.

Last Agent to Rent the Property

Leigh Schlumper

Josey Young & Brady Realty License #391595 Listed on: 05/07/2021

Co-Listed By

Keith Brady

Josey Young & Brady Realty License #163547

Last Renter's Agent

Leigh Schlumper

Josey Young & Brady Realty License #391595 Listed on: 05/07/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 2017

Lot Details

  • 0.75 Acre Lot
  • Zoning described as Commercial

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property

Eco-Friendly Details

  • Energy-Efficient Thermostat

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Oak Hill Adjacent Subdivision

Listing and Financial Details

  • 60-Month Min and 48-Month Max Lease Term

Property Details

Property Type

Other

Est. Annual Taxes

$6,867

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Lease Termsin Months: 60
  • Sub Lease: Yes
  • Lease Conditions: Deposit Required, Finance Statements Required, Modified Gross Lease

Listing Details

  • Property Type: Commercial Lease
  • Total Floors: 1
  • Year Built: 2017
  • Co List Office: JYBR01
  • Financing Type: LEASE
  • GreenEnergyEfficient: Thermostat
  • Lot Size Acres: 0.75
  • Max Rental Period Months: 48
  • Min Rental Period Months: 24
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • NumberOfBuildings: 1
  • Price Per Square Foot: 17

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Business Park
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Central
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Fee Information

  • Fee Paid: Yes

Lot Info

  • Zoning Description: Commercial

Building Info

  • BuildingAreaTotal: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2017
Bought by
Tmg Real Estates Llc
Current Estimated Value
$1,585,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2016
Sold by
Bank Of Georgia
Bought by
Tomco Construction Svcs Llc

Purchase Details

Closed on
Jan 1, 2014
Sold by
Bank Of Georgia
Bought by
Bank Of Georgia

Purchase Details

Closed on
Aug 2, 2011
Sold by
Neely Frank L
Bought by
The Bank Of Georgia

Purchase Details

Closed on
Apr 28, 2008
Sold by
Lost Lake Builders Inc
Bought by
Neely Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.82%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Neely Development Corporation
Bought by
Lost Lake Builders Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tmg Real Estates Llc $775,000 --
Tomco Construction Svcs Llc $10,000 --
Bank Of Georgia $99,000 --
The Bank Of Georgia -- --
Neely Frank L -- --
Lost Lake Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tmg Real Estates Llc $542,500
Previous Owner Tomco Construction Svcs Llc $400,000
Previous Owner Neely Frank L $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Rented $6,000 -7.7% --
03/29/2022 03/29/22 Price Changed $6,500 -13.3% $1 / Sq Ft
05/07/2021 05/07/21 For Rent $7,500 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $6,867 $281,504 $52,272 $229,232
2022 $6,935 $281,504 $52,272 $229,232
2021 $5,688 $216,069 $52,272 $163,797
2020 $5,726 $216,069 $52,272 $163,797
2019 $6,513 $222,498 $52,272 $170,226
2018 $6,289 $214,492 $52,272 $162,220
2017 $1,532 $52,272 $52,272 $0
2016 $1,514 $52,272 $52,272 $0
2015 $1,071 $37,635 $37,635 $0
2014 $478 $37,635 $37,635 $0
Source: Public Records

Agents Affiliated with this Home

  • Leigh Schlumper

    Landlord's Agent in 2022

    Leigh Schlumper

    Josey Young & Brady Realty

    (678) 416-9669

    19 Total Sales

    Section Image
  • Keith Brady

    Landlord's Co-Listing Agent in 2022

    Keith Brady

    Josey Young & Brady Realty

    (770) 328-3659

    37 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 8974476

Georgia MLS

APN: 109-6005-003B

Georgia Coweta County Newnan 30265 Woodstream

1040 Sullivan Rd, Newnan, GA

This home is located at 1040 Sullivan Rd, Newnan, GA 30265 since 07 May 2021 and is currently priced at $1,585,299. This property was built in 2017. 1040 Sullivan Rd is a home located in Coweta County with nearby schools including White Oak Elementary School, Arnall Middle School, and East Coweta High School.

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