NOT LISTED FOR SALE

204 Margarita Trail Newnan, GA 30263

Estimated Value: $365,000 - $463,000

3 Beds
2 Baths
2,758 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $179,000 $65 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,455/month

Highlights

  • Cape Cod Architecture
  • Deck
  • Great Room
  • Western Elementary School Rated A-
  • Private Lot
  • Country Kitchen

About This Home

As of April 2015

WONDERFUL CAPE COD ON 5 ACRES +/- WITH HUGE ROCKING CHAIR FRONT PORCH. HARDWOOD FLOORS AND TONS OF PRIVACY. NEW PAINT, NEW CARPET WITH OVERSIZED BONUS ROOM UPSTAIRS. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

BILL HOWARD

NOT A VALID MEMBER License #DUP Listed on: 12/22/2014

Last Buyer's Agent

Joel Dover

NOT A VALID MEMBER License #357138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,287

Year Built

  • Built in 1999

Lot Details

  • 5

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,758 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Carpet
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Country Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Western Elementary School
  • Evans - Coweta Middle School
  • Newnan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Additional Features

  • Deck
  • Private Lot

Community Details

  • Rustica Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 204MARGARITATRL

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,287

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Condition: Resale
  • Year Built: 1999
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher
  • Interior Amenities: Disappearing Attic Stairs, Walk-In Closet(s)
  • Basement: Crawl Space
  • Kitchen Features: Country Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 2758.00

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 3
  • Total Full Baths: 2
  • Main Full Bathrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: RUSTICA ESTATES

Schools

  • Elementary School: Western
  • Middle School: Evans - Coweta
  • High School: Newnan

Lot Info

  • Lot Features: Private
  • Parcel Number: 204MARGARITATRL
  • Property Attached Yn: No

Tax Info

  • Taxes: 2287.00
  • Assessor Parcel Number: 014-4-092-018
  • Close Date: 2015-04-24
  • Tax Year: 2013

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Western
  • High School: Newnan
  • Middle School: Evans - Coweta

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
Apr 24, 2015
Sold by
Federal National Mortgage Association
Bought by
Alexander Lynda
Seller's Agent
BILL HOWARD
NOT A VALID MEMBER
Buyer's Agent
Joel Dover
NOT A VALID MEMBER
List Price
$199,900
Sold Price
$179,000
Premium/Discount to List
-$20,900
-10.46%
Current Estimated Value
$414,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,981
Avg. Annual Appreciation
8.39%
Original Mortgage
$182,848
Outstanding Balance
$141,015
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$273,966

Purchase Details

Closed on
Oct 7, 2014
Sold by
Payton Shannon L
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Sep 8, 2000
Sold by
Rustica Ests Inc
Bought by
Payton Thomas S and Payton Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
Sartin Gilbert D and Sartin Judith A
Bought by
Kelley Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1985
Bought by
Rustica Estates 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
Alexander Lynda $179,000 --
Federal National Mtg Associati $152,401 --
Payton Thomas S $17,000 --
Kelley Wayne $52,900 --
Sartin Gilbert D $15,000 --
Rustica Estates Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Lynda $182,848
Previous Owner Payton Thomas S $140,000
Previous Owner Sartin Gilbert D $47,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $179,000 -10.5% $65 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $199,900 -- $72 / 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 $2,948 $131,606 $24,112 $107,494
2023 $2,948 $137,250 $27,125 $110,124
2022 $2,582 $109,502 $23,184 $86,318
2021 $2,565 $102,102 $22,080 $80,022
2020 $2,581 $102,102 $22,080 $80,022
2019 $2,288 $82,963 $18,404 $64,558
2018 $2,292 $82,963 $18,404 $64,558
2017 $2,292 $82,963 $18,404 $64,559
2016 $1,937 $82,963 $18,404 $64,558
2015 $2,435 $85,516 $18,404 $67,112
2014 -- $85,516 $18,404 $67,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5378060

First Multiple Listing Service (FMLS)

APN: 014-4092-018