NOT LISTED FOR SALE

2291 Highway 16 E Newnan, GA 30263

Estimated Value: $367,950 - $440,000

4 Beds
3 Baths
2,302 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $110,000 $48 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $2,453/month

17 Days on Market

About This Home

As of February 2015

GREAT RUSTIC RANCH HOME WITH AN OPEN FLOOR PLAN! Vaulted living room w/wood beams & stone f/p w/wood burning stove insert! Sunken family room w/wood paneling & coffered ceiling. Dining room that seats 12+. Master on main with ceiling fan & dental molding, walk-in closet & tiled master bath with vanity & tiled shower. Deck off the dining room. Tiled guest bathroom w/vanity & tiled shower/tub. Home sits on almost an acre! Minutes from I-85 and historic downtown Newnan and hospitals!

Last Listed By

Tom Barron

Lindsey's Inc., Realtors License #245290 Listed on: 01/30/2015

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,798

Year Built

  • 1975

Lot Details

  • 0.86

Home Design

  • Ceiling Insulation

Interior Spaces

  • 2,302 Sq Ft Home
  • Family Room
  • Dining Room Seats More Than Twelve
  • Crawl Space
  • Fire and Smoke Detector

Schools

  • Poplar Road / Coweta / Coweta County Elementary School
  • East Coweta / Coweta / Coweta County Middle School
  • East Coweta / Coweta / Coweta County High School

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$2,798

Year Built

1975

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1975

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Masonry
  • Basement: Crawlspace
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Range/Oven, Refrigerator
  • Interior Amenities: Cable In Street, Cable TV Connections, Vaulted Ceilings, Pulldown Attic Stairs, Tile Bath, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Type: Closet
  • Kitchen / Breakfast: Breakfast Area
  • Above Grade Finished Sq Ft: 2302

Exterior Features

  • Construction: Wood Siding
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Kitchen Level Entry, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central, Forced Air
  • Energy Features: Ceiling Insulation, Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank, Well

Schools

  • Elementary School: Poplar Road / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: East Coweta / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: East Coweta / Coweta / Coweta County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Private Backyard
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2017
Sold by
Drakos Rebecca R
Bought by
Franzen Karl C
Total Days on Market
17
Current Estimated Value
$396,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2017
Sold by
Drakos Rebecca R
Bought by
Drakos Rebecca R and Gaddis Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 30, 2015
Closed on
Feb 20, 2015
Sold by
Zappa Robert J
Bought by
Drakos Rebecca R
Seller's Agent
Tom Barron
Lindsey's Inc., Realtors
Buyer's Agent
Jess Barron
Lindsey's Inc., Realtors
List Price
$149,900
Sold Price
$110,000
Premium/Discount to List
-$39,900
-26.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%

Purchase Details

Closed on
Jun 14, 1991
Bought by
Zappa Robert J

Purchase Details

Closed on
Mar 1, 1976
Bought by
Zappa Robert J

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
Franzen Karl C $114,400 --
Drakos Rebecca R -- --
Drakos Rebecca R $110,000 --
Zappa Robert J -- --
Zappa Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Christopher $247,435
Closed Franzen Karl C $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $110,000 -26.6% $48 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $149,900 0.0% $65 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $149,900 -- $65 / 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
2023 $2,798 $133,650 $10,986 $122,664
2022 $2,102 $90,022 $6,278 $83,744
2021 $1,860 $75,338 $5,979 $69,359
2020 $1,871 $75,338 $5,979 $69,359
2019 $1,529 $57,061 $9,163 $47,898
2018 $1,342 $50,937 $9,163 $41,774
2017 $624 $50,172 $8,397 $41,775
2016 $431 $50,172 $8,398 $41,774
2015 $1,483 $52,078 $8,398 $43,680
2014 $1,471 $52,078 $8,398 $43,680
Source: Public Records

Agents Affiliated with this Home

  • Tom Barron

    Seller's Agent in 2015

    Tom Barron

    Lindsey's Inc., Realtors

    (404) 936-7422

    7 in this area

    348 Total Sales

    Tom Barron
    Section Image
  • Jess Barron

    Buyer's Agent in 2015

    Jess Barron

    Lindsey's Inc., Realtors

    (678) 857-9350

    2 in this area

    164 Total Sales

    Jess Barron
    Section Image
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Map

Source: Georgia MLS

MLS Number: 07395990

Georgia MLS

APN: 112-1014-012

Georgia Coweta County Newnan 30263

2291 Highway 16 E, Newnan, GA

Homes for Sale in Newnan, GA

This home is located at 2291 Highway 16 E, Newnan, GA 30263 since 30 January 2015 and is currently estimated at $396,488, approximately $172 per square foot. This property was built in 1975. 2291 Highway 16 E is a home located in Coweta County with nearby schools including Poplar Road Elementary School, East Coweta Middle School, and East Coweta High School.

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