NOT LISTED FOR SALE

Estimated Value: $180,306 - $210,000

2 Beds
2 Baths
1,600 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $180,000 $112 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,163/month

77 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Ceiling Fan
  • Elm Street Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2023

Investment Opportunity! Duplex in Newnan! 2 units - each unit is approx 800 square feet, 2 bedrooms and 1 full bath. Each unit has it's own power, water, and gas meter. Central heat, window units for AC. Brand new deck that's large on rear accessed by both units. New gutters in 2022. New windows. Bathroom has tile surround tub/shower. Low maintenance concrete block exterior/walls. No laundry hookups currently, but they can easily be added. Approx .15 Acre Lot - Front Lawn Space and Rear Parking on Shared Drive/Parking with Duplex Behind it. All schools within a mile or less. Convenient to downtown Newnan and an easy stroll right over to Lynch Park - a great community park with the Wesley Street Gym, playground, tennis courts, picnic pavilion, and very nice public pool/waterpark. The park is literally directly across the street from this driveway - see photos. Boys and Girls Club directly behind this unit. Great community! Super easy stroll to Historic Downtown Newnan for shopping, dining, entertainment, and recreation. Tenants in place on month to month leases - current rent is $650, but that is an under market rent rate. Property is in average/good condition - but you can update more with cosmetics if desired. Seller also has 74 Wesley Street for sale - the duplex immediately in front of this duplex. They share a drive/parking - both duplexes are at the corner of Richard Allen and Wesley Street. They do not have to be sold together, but seller is interested in selling together as a package so please consider both! Do not disturb tenants or visit the properties under any circumstances other than driving by! Access will be granted once the property is under contract and during due diligence.

Last Agent to Sell the Property

Melissa Stephens

BHGRE Metro Brokers License #270820 Listed on: 05/25/2023

BHGRE Metro Brokers

Last Buyer's Agent

Angel Peguero

eXp Realty License #418697

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1967

Lot Details

  • 6,534

Parking

  • Parking Pad

Home Design

  • Duplex
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Schools

  • Elm Street Elementary School
  • Evans Middle School
  • Newnan High School

Additional Features

  • 6,534 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Rocky Hill Subdivision

Listing and Financial Details

  • Tax Lot 11/13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 5
  • Year Built: 1967
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .15
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Block
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Elm Street
  • High School: Newnan
  • High School Bus: Yes
  • Middle School: Evans
  • Middle School Bus: Yes
  • Elementary School: Elm Street
  • Middle School: Evans
  • High School: Newnan

Lot Info

  • Land Lot: 26
  • Lot: 11/13
  • Deed Book: 5247
  • Deed Page: 54

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 890

Multi Family

  • NumberOfUnitsTotal: 2

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Sep 8, 2023
Sold by
Rocklane Properties Llc
Bought by
Johnson Noel
Seller's Agent
Melissa Stephens
BHGRE Metro Brokers
Buyer's Agent
Angel Peguero
eXp Realty
List Price
$214,900
Sold Price
$180,000
Premium/Discount to List
-$34,900
-16.24%
Views
247
Current Estimated Value
$192,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,577
Avg. Annual Appreciation
3.49%
Original Mortgage
$135,000
Outstanding Balance
$132,264
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$60,313

Purchase Details

Closed on
Nov 28, 2005
Sold by
Steele Michael S and Steele Mariana
Bought by
Heim Eric and Heim Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Crossroads Inv Llc
Bought by
Steele Michael S and Steele Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hooper Steven A
Bought by
Crossroads Investments Llc

Purchase Details

Closed on
Jan 17, 2001
Sold by
Grayer Curtis
Bought by
Hooper Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,625
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2000
Sold by
Duffey William R
Bought by
Grayer Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,370
Interest Rate
7.92%
Mortgage Type
New Conventional
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
Johnson Noel $180,000 --
Heim Eric $102,000 --
Steele Michael S $90,000 --
Crossroads Investments Llc -- --
Hooper Steven A $76,300 --
Grayer Curtis $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Noel $135,000
Previous Owner Rocklane Properties Llc $398,209
Previous Owner Lindley Daniel Craig $61,087
Previous Owner Heim Eric $91,800
Previous Owner Steele Michael S $72,000
Previous Owner Hooper Steven A $68,625
Previous Owner Grayer Curtis $36,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $180,000 -16.2% $113 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $214,900 -- $134 / Sq Ft
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
2024 $1,388 $60,731 $3,000 $57,731
2023 $1,388 $36,230 $1,800 $34,430
2022 $853 $35,043 $1,800 $33,243
2021 $733 $27,275 $1,800 $25,475
2020 $750 $27,275 $1,800 $25,475
2019 $713 $23,722 $4,974 $18,749
2018 $717 $23,722 $4,974 $18,749
2017 $432 $14,348 $4,973 $9,375
2016 $432 $14,348 $4,974 $9,374
2015 $395 $13,105 $3,730 $9,374
2014 $404 $13,105 $3,730 $9,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10163370

Georgia MLS

APN: N02-0010-013