NOT LISTED FOR SALE

40 Masters Way Newnan, GA 30265

Estimated Value: $338,000 - $392,000

3 Beds
2 Baths
1,840 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $181,000 $98 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $2,202/month

27 Days on Market

Highlights

  • Bonus Room
  • Tennis Courts
  • Swim Team
  • Lee Middle School Rated A-
  • Dining Room

About This Home

As of November 2015

Spacious 4 Sided Brick Ranch in a beautiful swim/tennis community. Home has large bedrooms, master has a trey ceiling and both secondary bedrooms have vaulted ceilings. Enjoy a separate formal dining room as well as a large eat in kitchen with bay window. There is a bonus room above the garage with a closet that could be used as a fourth bedroom, kids play room, exercise room, office or extra living space. On almost acre lot with a fully fenced backyard. The Master bedroom features plenty of room for a sitting area and the master bath has a separate tub and shower with new tile floors, and a double vanity. Unbelievable space that you must see! The Stainless Steel Refrigerator, washer and dryer are included with the home. Some furniture is negotiable.

Last Agent to Sell the Property

Joy Revere

Keller Williams Realty Atl. Partners License #254946 Listed on: 10/02/2015

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Joe Powell

Top Producers Realty License #304409

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,675

Year Built

  • 1996

Lot Details

  • 0.93

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Floor Insulation

Interior Spaces

  • 1,840 Sq Ft Home
  • Dining Room
  • Bonus Room

Laundry

  • Dryer
  • Washer

Utilities

  • Gas Water Heater

Community Details

  • Tennis Courts
  • Swim Team

Listing and Financial Details

  • Legal Lot and Block 28 / A

Property Details

Home Type

Other

Est. Annual Taxes

$2,675

Year Built

1996

Lot Details

0

Listing Details

  • District: 6
  • Special Features: None
  • Year Built: 1996

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Main Floor Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement: Slab/None
  • Equipment: Dryer, Washer
  • Kitchen Equipment: Dishwasher, Icemaker Line, Range/Oven, Refrigerator
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Separate Shower, Tile Bath, Walk-in Closet, Wall-to-wall Carpet, Hardwood Floors, Tile Floors
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry
  • Above Grade Finished Sq Ft: 1840

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard
  • Construction: Brick 4 Sided

Garage/Parking

  • Parking: 2 Car, Attached, Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Fee Frequency: Annual
  • Fees Include: Swimming, Tennis

Association/Amenities

  • Amenities: Swim Team, Tennis Courts

Schools

  • Elementary Bus Line: Yes
  • High School Bus: Yes
  • Middle School Bus: Yes
  • Elementary School: White Oak / Coweta / Coweta County, GA
  • Middle School: Arnall / Coweta / Coweta County, GA
  • High School: East Coweta / Coweta / Coweta County, GA

Lot Info

  • Lot Description: Private Backyard
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 33
  • Lot: 28
  • Unit/Lot Number: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 30, 2015
Sold by
Chitwood Holly N
Bought by
Chitwood Holly N and Chitwood Joseph S
Seller's Agent
Joy Revere
Keller Williams Realty Atl. Partners
Buyer's Agent
Joe Powell
Top Producers Realty
List Price
$184,900
Sold Price
$181,000
Premium/Discount to List
-$3,900
-2.11%
Current Estimated Value
$374,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,843
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Felmet Bryan and Felmet Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,320
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Gilkes Rhonda Frances
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Lassen Eric J and Lassen Pamela J
Bought by
Gilkes Rhonda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,675
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1997
Sold by
Evergreen Homes
Bought by
Larsen Eric Pamela

Purchase Details

Closed on
Jun 3, 1996
Bought by
Southern Crescent Co

Purchase Details

Closed on
Feb 15, 1994
Bought by
Evergreen Communitie
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
Chitwood Holly N -- --
Chitwood Holly N $181,000 --
Felmet Bryan -- --
Chase Home Finance Llc $134,700 --
Gilkes Rhonda F $184,900 --
Larsen Eric Pamela $131,900 --
Southern Crescent Co $59,700 --
Evergreen Communitie $1,156,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felmet Bryan $106,320
Previous Owner Gilkes Rhonda F $138,675
Previous Owner Larsen Eric $0
Closed Larsen Eric Pamela $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $181,000 -2.1% $98 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $184,900 -- $100 / 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 $2,675 $119,844 $26,000 $93,844
2023 $2,675 $124,122 $20,000 $104,122
2022 $2,461 $104,597 $20,000 $84,597
2021 $2,159 $86,669 $16,000 $70,669
2020 $2,172 $86,669 $16,000 $70,669
2019 $2,264 $82,171 $10,000 $72,171
2018 $2,269 $82,171 $10,000 $72,171
2017 $2,117 $77,016 $10,000 $67,016
2016 $2,006 $69,284 $10,000 $59,284
2015 $1,748 $61,391 $10,000 $51,391
2014 $1,342 $54,688 $10,000 $44,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07532113

Georgia MLS

APN: 123-6033-034