NOT LISTED FOR SALE

140 Elberta Dr Newnan, GA 30265

Estimated Value: $322,000 - $347,999

5 Beds
3 Baths
2,340 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $210,000 $90 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,959/month

60 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Bonus Room
  • Willis Road Elementary School Rated A-
  • Traditional Architecture
  • Cul-De-Sac

About This Home

As of June 2023

This 5 bedroom 3 bath split-level home is a fixer-upper that presents a fantastic opportunity for investors or DIYers looking to make a profit. The property is in need of repairs and updating, but the potential is immense. The downstairs level features a full kitchen and a secondary living room, providing an excellent in-law suite or rental property for extra income. The roof and water heater have been recently replaced within the last 2 years. Investors or DIYers who are willing to invest time and effort into this property could transform it into a stunning living space, and the potential for rental income from both the main living area and the in-law suite is a great advantage. With the flexible layout this home could attract tenants and provide a steady stream of rental income for the future. Don't miss out on this rare opportunity to turn a fixer-upper into a profitable investment property. Home is being sold as is.

Last Agent to Sell the Property

Diana Hernandez

EXP Realty, LLC. License #397087 Listed on: 03/25/2023

EXP Realty, LLC.

Last Buyer's Agent

Joyce Yeo

Keller Williams Realty Atl Partners License #405791

Keller Williams Realty Atl Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1989

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 232 x 297 x 17 x 370
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Split Level Home
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Brick Fireplace
  • Bonus Room
  • Views of Woods
  • Gas Cooktop
  • Laundry on lower level
  • Finished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Front Porch

Schools

  • Willis Road Elementary School
  • Lee Middle School
  • East Coweta High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Peachtree Landing Ph 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 101 / A
  • Assessor Parcel Number 122A 167

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,817

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Legal Description: H/LOT 101 PTREE LD PH 2 140 ELBERTA DR
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer Upper
  • Year Built: 1989
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Fireplace Features: Brick
  • Number Of Fireplaces: 1
  • Appliances: Refrigerator, Gas Cooktop
  • Basement: Finished
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Square Footage: 2340.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Suite/Apartment
  • Lower Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Lower Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Front Porch
  • View: Trees/Woods
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 4
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Lower Level
  • Utilities: Water Available, Natural Gas Available, Cable Available, Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Subdivision Complex: Peachtree Landing Ph 2

Schools

  • Elementary School: Willis Road
  • Middle School: Lee
  • High School: East Coweta

Lot Info

  • Acres: 0.8590
  • Lot: 101
  • Land/Lot: 101
  • Plat Book: 44
  • Plat Page: 64
  • Lot Features: Cul-De-Sac, Wooded
  • Lot Dimensions: 232 x 297 x 17 x 370
  • Parcel Number: 122A 167
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1817.00
  • Assessor Parcel Number: 122A-0-167
  • Close Date: 2023-06-20
  • Tax Year: 2022

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Willis Road
  • High School: East Coweta
  • Middle School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Jun 20, 2023
Sold by
Vega Catalino Estate
Bought by
Wang Yan and Wang Yi
Seller's Agent
Diana Hernandez
EXP Realty, LLC.
Buyer's Agent
Joyce Yeo
Keller Williams Realty Atl Partners
List Price
$280,000
Sold Price
$210,000
Premium/Discount to List
-$70,000
-25%
Views
504
Current Estimated Value
$340,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,000
Avg. Annual Appreciation
26.21%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Girodano Dama K
Bought by
Vega Catalino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.5%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Giordano Andrew G
Bought by
Giordano Dama K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1998
Sold by
Liberty Fsb
Bought by
Giordano Andrew G and Giordano Dama K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,950
Interest Rate
7.15%

Purchase Details

Closed on
Jan 6, 1998
Sold by
Jackson Edward W
Bought by
Liberty Fsb

Purchase Details

Closed on
Aug 1, 1994
Sold by
Prevatt James H and Thompson John F
Bought by
Jackson Edward W

Purchase Details

Closed on
Apr 29, 1993
Bought by
Prevatt James H and Prevatt Jo

Purchase Details

Closed on
Oct 19, 1989
Bought by
Thompson John
Source: Public Records

Range of Values:

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Average Value
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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
Wang Yan $210,000 --
Vega Catalino $135,000 --
Giordano Dama K -- --
Giordano Andrew G $75,500 --
Liberty Fsb $81,667 --
Liberty Savings Bank $81,700 --
Jackson Edward W $78,900 --
Prevatt James H -- --
Thompson John $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Catalino $135,000
Previous Owner Giordano Dama K $71,250
Previous Owner Giordano Andrew G $67,950
Closed Jackson Edward W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $210,000 -18.6% $90 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $258,000 -4.4% $110 / Sq Ft
04/12/2023 04/12/23 Price Changed $270,000 -3.6% $115 / Sq Ft
03/25/2023 03/25/23 For Sale $280,000 -- $120 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $1,950 $95,920 $20,000 $75,920
2023 $1,950 $88,523 $16,000 $72,523
2022 $1,817 $73,770 $16,000 $57,770
2021 $1,435 $54,520 $8,000 $46,520
2020 $1,445 $54,520 $8,000 $46,520
2019 $1,517 $51,822 $8,000 $43,822
2018 $1,519 $51,822 $8,000 $43,822
2017 $1,313 $44,810 $8,000 $36,810
2016 $1,298 $44,810 $8,000 $36,810
2015 $976 $34,293 $8,000 $26,293
2014 $618 $21,879 $4,000 $17,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7190729

First Multiple Listing Service (FMLS)

APN: 122A-167