NOT LISTED FOR SALE

12 Forest Place Newnan, GA 30263

Estimated Value: $334,000 - $518,000

3 Beds
2 Baths
1,424 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $20,000 $14 Per Sq Ft

Est. 2,026% increase in value since last sale

Current estimated payment $2,508/month

5 Days on Market

Highlights

  • Bonus Room
  • Library
  • Living Room

About This Home

As of March 2016

Great Downtown Newnan Location! CALLING ALL INVESTORS! A True "Fixer Upper" with tons of shiplap, exposed brick and historic charm. This home is being sold "As Is" with no seller's disclosure. Previous fire damage*total Rehab Required*Main level has foyer, living room, 2 bedrooms, full bath, large kitchen, and bonus/office on back of house. There is a basement apartment with 1 BR/1BA. There are separate water and power meters for main level and basement. The whole house including apartment was rewired to code in 2014 with all boxes, electric outlets and switches. Great investment potential! Walk to vibrant downtown Newnan and city parks!

Last Agent to Sell the Property

Dawn Cochran

Southern Classic Realtors License #296028 Listed on: 02/26/2016

Southern Classic Realtors

Last Buyer's Agent

Dawn Cochran

Southern Classic Realtors License #296028 Listed on: 02/26/2016

Southern Classic Realtors

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,926

Year Built

  • 1930

Lot Details

  • 0.96

Interior Spaces

  • Living Room
  • Library
  • Bonus Room

Basement

  • Walk-Out Basement
  • Partial Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Utilities

  • Electric Water Heater
  • Sewer in Street

Property Details

Home Type

Other

Est. Annual Taxes

$2,926

Year Built

1930

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1930

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Living Room, Masonry
  • Lower Level Bedroom: 1
  • Main Floor Bedrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Bath Finished, Daylight, Outside Entrance, Partial
  • Interior Amenities: Cable In Street, Ceilings 9 Ft Plus, Entrance Foyer
  • Below Grade Finished Sq Ft: 736
  • Kitchen / Breakfast: Country Kitchen
  • Above Grade Finished Sq Ft: 1424

Exterior Features

  • Roof: Composition
  • Exterior Features: Porch
  • Construction: Wood Siding

Garage/Parking

  • Parking: 2 Car, Parking Pad

Utilities

  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water, Sewer In Street

Association/Amenities

  • Amenities: Street Lights

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Elm Street / Coweta / Coweta County, GA
  • Middle School: Smokey Road / Coweta / Coweta County, GA
  • High School: Newnan / Coweta / Coweta County, GA

Lot Info

  • Lot Description: Private Backyard, Sloping, Wooded
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Roberts Sterling R
Bought by
Henley Joseph Way
Current Estimated Value
$425,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$88,773
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$336,492

Purchase Details

Closed on
Oct 21, 2008
Sold by
Mcwaters Misty
Bought by
Roberts Sterling R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 12, 2006
Sold by
Dennis Sean R and Dennis Misty M
Bought by
Mcwaters Misty

Purchase Details

Closed on
May 6, 2004
Sold by
Dennis Sean R
Bought by
Dennis Sean R and Dennis Misty

Purchase Details

Closed on
Aug 15, 2003
Sold by
Va
Bought by
Dennis Sean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2003
Sold by
Branch Bkng & Trust Co
Bought by
Va

Purchase Details

Closed on
May 27, 1994
Sold by
Payton Alton
Bought by
Newman Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,450
Interest Rate
8.46%
Mortgage Type
VA
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
Henley Joseph Way $110,000 --
Roberts Sterling R $166,000 --
Mcwaters Misty -- --
Dennis Sean R -- --
Dennis Sean R $13,400 --
Va -- --
Branch Bkng & Trust Co -- --
Va -- --
Branch Bkng/Trust Co $134,839 --
Newman Tom $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henley Joseph Way $110,000
Previous Owner Roberts Sterling R $166,000
Previous Owner Dennis Sean R $127,300
Previous Owner Newman Tom $125,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2016 03/21/16 Sold $20,000 -30.8% $14 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $28,900 -- $20 / 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 $2,926 $130,652 $14,000 $116,652
2023 $2,926 $130,663 $14,000 $116,663
2022 $2,994 $126,258 $14,000 $112,258
2021 $2,896 $114,694 $14,000 $100,694
2020 $2,915 $114,694 $14,000 $100,694
2019 $1,575 $58,628 $10,000 $48,628
2018 $1,579 $58,628 $10,000 $48,628
2017 $1,290 $58,628 $10,000 $48,628
2016 $1,732 $59,804 $10,000 $49,804
2015 $1,459 $59,804 $10,000 $49,804
2014 $1,702 $60,274 $10,000 $50,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07595583

Georgia MLS

APN: 049-2018-017