$439,900
$8K PRICE DROP

29 Madrid Ave Newnan, GA 30263

Estimated payment $2,793/month

Total Views 13,881
4 Beds
3 Baths
3,043 Sq Ft
$145 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • Community Pool
  • Wood Flooring
  • Solid Surface Countertops
  • Formal Dining Room

About This Home

Price Reduced - with its spacious layout, low-maintenance yard, and proximity to shopping, schools, I-85, and the airport, this home also presents an excellent opportunity for investors seeking a strong rental property in a desirable Newnan community. Its flexible floorplan and 4BR/3BA setup have strong rental appeal for families or roommates. If you’ve been waiting for the right home to come along, don’t miss your chance to tour this one in person—pictures don’t do the space and flow justice. This home features a rare main-level bedroom with full bath—perfect as a teen suite, guest room, or extended stay space. Unlike typical great-room designs, it offers both a separate living room and a family room for flexible living, entertaining, or a dedicated office.
Upstairs, the expanded owner's suite includes a large sitting area, double vanities, garden tub, upgraded tile shower, private water closet, and a generous walk-in closet. Stylish upgrades include hardwood floors in the kitchen, new carpet upstairs, and updated bathroom flooring.
A rear-entry 2-car garage enhances curb appeal and maximizes the front elevation. (Note: Living room is used as an office—virtually staged with living room furniture.)
Enjoy sidewalk strolls to the pool, playground, and pavilion, plus easy access to Newnan Crossing, and Ashley Park. Contingency offers welcome. Home is occupied. Schedule appointments through ShowingTime.

Listing Agent

Carol Ellis

City Limits Realty, LLC. License #356805 Listed on: 05/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 2012

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Back and Front Yard

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • 3,043 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Park or Greenbelt Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway Level

Outdoor Features

  • Patio
  • Rain Gutters

Location

  • Property is near shops

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number N57 365

Community Details

Overview

  • $600 Initiation Fee
  • Heritage Property Association, Phone Number (770) 451-8171
  • Bullsboro Crossing Subdivision
  • Rental Restrictions

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,756

Year Built

Built in 2012

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2012
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3043.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Interior Amenities: Disappearing Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Dining Room, Family Room, Laundry, Living Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 3043.00
  • Spa Features: None
  • Window Features: Double Pane Windows, Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Split Bedroom Plan
  • Main Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick Front, HardiPlank Type
  • Roof Type: Composition
  • Patio And Porch Features: Patio
  • Exterior Features: Rain Gutters
  • View: Park/Greenbelt
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage Faces Rear, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
  • Electric: 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Swim
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Shopping, Playground, Pool, Sidewalks, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-451-8171
  • Management Company Email: info@heritageproperty.com
  • Subdivision Complex: Bullsboro Crossing

Association/Amenities

  • Management Company: Heritage Property

Schools

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

Lot Info

  • Acres: 0.1300
  • Lot: 156
  • Land/Lot: 42
  • Deed Book: 3823
  • Deed Page: 191
  • Plat Book: 89
  • Plat Page: 101
  • Lot Features: Back Yard, Front Yard, Landscaped, Level
  • Parcel Number: N57 365
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 600

Tax Info

  • Taxes: 3756.00
  • Assessor Parcel Number: N57-0-365
  • Additional Assessor Parcel Numbers: 268947697
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,661 $159,123 $20,000 $139,123
2022 $3,023 $127,742 $20,000 $107,742
2021 $2,623 $101,182 $12,000 $89,182
2020 $2,681 $101,182 $12,000 $89,182
2019 $2,764 $92,015 $12,000 $80,015
2018 $2,781 $92,015 $12,000 $80,015
2017 $2,522 $83,808 $12,000 $71,808
2016 $2,309 $80,389 $12,000 $68,389
2015 $2,148 $74,918 $12,000 $62,918
2014 $1,968 $70,814 $12,000 $58,814
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $439,900 -1.8% $145 / Sq Ft
05/20/2025 05/20/25 For Sale $447,900 +154.6% $147 / Sq Ft
07/13/2012 07/13/12 Sold $175,928 0.0% $63 / Sq Ft
07/13/2012 07/13/12 Sold $175,928 +0.9% $57 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
06/13/2012 06/13/12 Pending -- -- --
03/25/2012 03/25/12 For Sale $174,340 -0.9% $62 / Sq Ft
03/06/2012 03/06/12 For Sale $175,928 -- $57 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,928 --
Deed $15,000 --
Deed $4,300 --
Deed $1,125,000 --
Deed $4,357,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,800 New Conventional
Closed $400,000 VA
Closed $50,000 New Conventional
Closed $274,500 VA
Closed $231,225 VA
Closed $228,376 VA
Closed $223,000 No Value Available
Closed $179,710 No Value Available
Closed $179,710 VA
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7583356

First Multiple Listing Service (FMLS)

APN: N57-365