NOT LISTED FOR SALE

2535 Welcome Rd Newnan, GA 30263

Estimated Value: $241,000 - $247,000

3 Beds
2 Baths
1,203 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $105,000 $87 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,442/month

57 Days on Market

Highlights

  • Great Room
  • Western Elementary School Rated A-
  • Double Pane Windows

About This Home

As of February 2016

Awesome ranch with a split bedroom floor plan. Family room has vaulted ceilings and a fireplace that opens to the dining area and kitchen. Large front yard with lots of trees. HUD HOME, SOLD 'AS IS'. Information deemed reliable but not guaranteed. Selling Broker to verify all information. Sold under the FHA $100 down program. Escrows area subject to FHA appraisal. Also sold under the Buyer Select Closing Agent program. IN (Insured). Equal Housing Opportunity.

Last Agent to Sell the Property

Angie Hogsed

Lindsey's Inc., Realtors License #245325 Listed on: 11/19/2015

Last Buyer's Agent

Lorna Best

Maximum One Grt. Atl. REALTORS License #299839

Maximum One Grt. Atl. REALTORS

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,825

Year Built

  • 1992

Lot Details

  • 1

Home Design

  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 1,203 Sq Ft Home
  • Double Pane Windows
  • Great Room

Utilities

  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 64

Property Details

Home Type

Other

Est. Annual Taxes

$1,825

Year Built

1992

Lot Details

0

Listing Details

  • District: 4
  • Special Features: None
  • Year Built: 1992

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Kitchen Equipment: Dishwasher, Built-In Microwave, Range/Oven
  • Interior Amenities: Vaulted Ceilings, Entrance Foyer, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Closet
  • Kitchen / Breakfast: Country Kitchen
  • Above Grade Finished Sq Ft: 1203

Exterior Features

  • Roof: Composition
  • Exterior Features: Garden Area, Porch
  • Construction: Aluminum/Vinyl

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Heat Pump
  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Energy Features: Double Pane/Thermo, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: Western / Coweta / Coweta County, GA
  • Middle School: Evans / Coweta / Coweta County, GA
  • High School: Newnan / Coweta / Coweta County, GA

Lot Info

  • Lot Description: Sloping, Wooded
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Feb 16, 2016
Sold by
Secretary Of Housing And Urban Dev Of Wa
Bought by
Wilkins Aaliyah
Seller's Agent
Angie Hogsed
Lindsey's Inc., Realtors
Buyer's Agent
Lorna Best
Maximum One Grt. Atl. REALTORS
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$243,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,401
Avg. Annual Appreciation
9.09%
Original Mortgage
$106,735
Outstanding Balance
$85,553
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$157,848

Purchase Details

Closed on
Aug 4, 2015
Sold by
Kelly Timothy Scott
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 15, 2006
Sold by
Neill Benjamin J and Neill Lorraine M
Bought by
Kelly Timothy S and Kelly Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 16, 2004
Sold by
Wachovia Bank Of De
Bought by
Neill Benjamin J and Neill Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,395
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Vanasch Raymond J
Bought by
Wachovia Bk

Purchase Details

Closed on
Apr 6, 2004
Sold by
Vanasch Raymond J
Bought by
Wachovia Bk

Purchase Details

Closed on
Mar 20, 2000
Sold by
Vanasch Renita A
Bought by
Vanasch Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,742
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1994
Sold by
Prevatt James H
Bought by
Ringel Renita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,359
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1992
Sold by
Prevatt James H and Prevatt Ma
Bought by
Prevatt James H

Purchase Details

Closed on
Apr 23, 1991
Bought by
Prevatt James H and Prevatt Ma
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
Wilkins Aaliyah -- --
Wells Fargo Bank Na $90,475 --
Kelly Timothy S $122,500 --
Neill Benjamin J $103,500 --
Wachovia Bk $88,307 --
Wachovia Bk $12,734 --
Vanasch Raymond J $83,800 --
Ringel Renita A $72,900 --
Prevatt James H -- --
Prevatt James H $197,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Aaliyah $106,735
Previous Owner Kelly Timothy S $24,500
Previous Owner Neill Benjamin J $100,395
Previous Owner Vanasch Raymond J $83,742
Previous Owner Ringel Renita A $70,359
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $105,000 -4.5% $87 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $110,000 0.0% $91 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $110,000 -- $91 / 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 $1,825 $78,618 $22,000 $56,618
2023 $1,825 $77,494 $16,000 $61,494
2022 $1,744 $70,788 $16,000 $54,788
2021 $1,528 $58,049 $16,000 $42,049
2020 $1,538 $58,049 $16,000 $42,049
2019 $1,354 $46,265 $10,000 $36,265
2018 $1,357 $46,265 $10,000 $36,265
2017 $1,175 $40,081 $8,000 $32,081
2016 $1,161 $40,081 $8,000 $32,081
2015 $998 $35,060 $8,000 $27,060
2014 $636 $22,506 $8,000 $14,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07554084

Georgia MLS

APN: 025-4064-014