NOT LISTED FOR SALE

27 Wilcoxen St Newnan, GA 30263

Estimated Value: $190,000 - $256,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $178,500

Est. 24% increase in value since last sale

Current estimated payment $1,383/month

26 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Property is near schools
  • Tennis Courts
  • Park
  • Central Heating and Cooling System

About This Home

As of November 2021

Amazing opportunity to own a duplex this close to Downtown Newnan, the brand new state of the art skate park and the brand new pickleball courts! Each side is 2BR/1BA, separately metered, and the seller has kept the units well maintained. Current rents are $500/month (month to month) and $750/month (ends in December), but many comparable places in the area are higher currently, so there is room for rent growth. Because both units are tenant occupied, therefore this property is shown by appointment only. Please be courteous of the tenants and do not park and walk around without an appointment. Duplexes in Newnan are rare and this is priced to sell and will go quickly.

Last Agent to Sell the Property

Russell Berry

Josey Young & Brady Realty License #318950 Listed on: 09/17/2021

Last Buyer's Agent

Russell Berry

Josey Young & Brady Realty License #318950 Listed on: 09/17/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1906

Lot Details

  • 10,454

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Schools

  • Jefferson Parkway Elementary School
  • Arnall Middle School
  • East Coweta High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • 10,454 Sq Ft Lot
  • Property is near schools

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Newnan Cotton Mill Downtown Subdivision

Recreation

  • Tennis Courts
  • Park

Building Details

  • Insurance Expense $660
  • Maintenance Expense $1,000
  • Operating Expense $2,351
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1906
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .24
  • Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Price Per Square Foot: 743750

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Central, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Water Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Street Lights, Tennis Court(s), Walk To Schools

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Jefferson Parkway
  • High School: East Coweta
  • High School Bus: Yes
  • Middle School: Arnall
  • Middle School Bus: Yes
  • Elementary School: Jefferson Parkway
  • Middle School: Arnall
  • High School: East Coweta

Lot Info

  • Plat Book: 1
  • Plat Page: 277

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2020
  • Tax Annual Amount: 691

Multi Family

  • GrossIncome: 15000
  • InsuranceExpense: 660
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 2
  • OperatingExpense: 2351

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 12, 2021
Sold by
Wilcoxen Properties Llc
Bought by
Meza John Robert
Seller's Agent
Russell Berry
Josey Young & Brady Realty
Buyer's Agent
Russell Berry
Josey Young & Brady Realty
List Price
$179,900
Sold Price
$178,500
Premium/Discount to List
-$1,400
-0.78%
Total Days on Market
26
Current Estimated Value
$221,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,140
Avg. Annual Appreciation
6.22%
Original Mortgage
$133,875
Outstanding Balance
$123,572
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$98,068

Purchase Details

Closed on
Dec 5, 2019
Sold by
Allen Michael Bruce
Bought by
Wilcoxen Properties Llc

Purchase Details

Closed on
Nov 19, 2018
Sold by
R London Grp Llc
Bought by
Allen Michael Bruce and Mitchell Benjamin Bric

Purchase Details

Closed on
Jun 27, 2012
Sold by
Adams Virginia L
Bought by
Wingo Meaghan A

Purchase Details

Closed on
Oct 25, 1994
Bought by
Adams Virginia L

Purchase Details

Closed on
Jul 12, 1989
Bought by
Marshall Gary L
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
Meza John Robert $178,500 --
Wilcoxen Properties Llc $85,000 --
Allen Michael Bruce $36,000 --
R London Grp Llc $15,000 --
Wingo Meaghan A -- --
Adams Virginia L $10,500 --
Marshall Gary L $24,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza John Robert $133,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $178,500 -0.8% --
10/13/2021 10/13/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $179,900 -- --
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 $1,729 $73,550 $2,880 $70,670
2022 $1,269 $52,178 $2,880 $49,298
2021 $676 $25,170 $2,880 $22,290
2020 $692 $25,170 $2,880 $22,290
2019 $433 $15,674 $3,200 $12,474
2018 $688 $22,780 $3,200 $19,580
2017 $449 $14,932 $2,400 $12,532
2016 $450 $14,932 $2,400 $12,532
2015 $450 $14,932 $2,400 $12,532
2014 $461 $14,932 $2,400 $12,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9052905

Georgia MLS

APN: N16-0003-004