NOT LISTED FOR SALE

40 Merion Way Newnan, GA 30265

Estimated Value: $393,013 - $432,000

3 Beds
2 Baths
2,211 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $175,000 $79 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,353/month

4 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Bonus Room
  • Community Pool
  • Lee Middle School Rated A-
  • Great Room
  • Tennis Courts

About This Home

As of November 2014

LISTING AGENT APPEALED FAULTY APPRAISAL WITH LENDER WITH NO CHANGE IN RESULTS-MULTIPLE OFFERS WERE RECEIVED. RENOVATED RANCH HOME LEVEL LOT! $38k+ updates, split bedroom plan features smooth ceilings, 2 inch blinds, custom pergola covered extended patio/updated fixtures/vaulted dining/vaulted great room/gorgeous tiled kitchen with granite, refinished cabinets, refrigerator & large walk-in pantry/magnificent double trey master suite has private patio access/tiled master bath double vanity with brushed nickel hardware, garden tub, step-in shower & huge walk-in closet/2 secondary bedrooms spacious closets/tiled second bath enhanced with brushed nickel fixtures/bonus room possible 4th bedroom/2 car garage/irrigation/outbuilding/invisible fence/2 yr roof+more

Last Agent to Sell the Property

Jeffrey Warlick

Peachtree Fine Properties License #305753 Listed on: 10/01/2014

Last Buyer's Agent

Dan Campbell

REMAX Concierge License #265810

REMAX Concierge

Property Details

Home Type

  • Other

Year Built

  • 1997

Lot Details

  • 0.83

Home Design

  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • Split Bedroom Floorplan
  • 2,211 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Dining Room Seats More Than Twelve
  • Bonus Room
  • Fire and Smoke Detector

Schools

  • Welch / Coweta / Coweta County Elementary School
  • Lee / Coweta / Coweta County Middle School
  • East Coweta / Coweta / Coweta County High School

Utilities

  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Other

Year Built

1997

Lot Details

0

Listing Details

  • Accessibility: Stepless Entry
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Pulldown Attic Stairs, Recently Renovated, Separate Shower, Tile Floors, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 2211

Exterior Features

  • Construction: Aluminum/Vinyl, Stucco Real
  • Exterior Features: Deck/Patio, Gazebo, Out Building, Sprinkler System
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage, Kitchen Level Entry, Parking Pad, Side/Rear Entrance, Storage

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 363
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Management Fee, Reserve Fund, Swimming, Tennis

Association/Amenities

  • Amenities: Neighborhood Association, Playground, Pool, Tennis Courts

Schools

  • Elementary School: Welch / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: East Coweta / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: Lee / 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
Jun 21, 2018
Sold by
Brannon Patrick J
Bought by
Molnar Michael J and Molnar Janet P
Current Estimated Value
$409,503

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 14, 2014
Sold by
Smith Kenneth H
Bought by
Brannon Patrick J and Brannon Karen W
Seller's Agent
Jeffrey Warlick
Peachtree Fine Properties
Buyer's Agent
Dan Campbell
REMAX Concierge
List Price
$189,898
Sold Price
$175,000
Premium/Discount to List
-$14,898
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$166,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Kenneth H and Smith Linda G

Purchase Details

Closed on
Dec 1, 2009
Sold by
Wells Fargo Bk Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 12, 2007
Sold by
Lynch Bryan P and Lynch Kristen R
Bought by
Alessi Pasquale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Hobbs Van H and Hobbs Stacy
Bought by
Lynch Bryan P and Lynch Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,171
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1997
Sold by
Com Southern Crescent
Bought by
Hobbs Van H and Hobbs Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,100
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 1994
Bought by
Evergreen Communitie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Molnar Michael J $238,000 --
Brannon Patrick J $175,000 --
Smith Kenneth H -- --
Federal Home Loan Mortgage Corporation -- --
Wells Fargo Bk Na $142,845 --
Federal Home Loan Mortgage Corp $142,800 --
Alessi Pasquale $192,000 --
Lynch Bryan P $194,000 --
Hobbs Van H $137,900 --
Southern Crescent Co -- --
Evergreen Communitie $1,156,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brannon Patrick J $166,250
Previous Owner Alessi Pasquale $172,800
Previous Owner Lynch Bryan P $198,171
Previous Owner Southern Crescent Co $124,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $175,000 -7.8% $79 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $189,898 -- $86 / 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
2025 $2,393 $144,963 $30,000 $114,963
2024 $2,234 $139,352 $26,000 $113,352
2023 $2,234 $140,298 $20,000 $120,298
2022 $1,855 $117,671 $20,000 $97,671
2021 $1,366 $94,333 $16,000 $78,333
2020 $2,375 $94,333 $16,000 $78,333
2019 $2,316 $83,918 $10,000 $73,918
2018 $2,320 $83,918 $10,000 $73,918
2017 $2,166 $78,659 $10,000 $68,659
2016 $1,913 $70,771 $10,000 $60,771
2015 $1,862 $70,771 $10,000 $60,771
2014 $427 $62,883 $10,000 $52,883
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Warlick

    Peachtree Fine Properties

    Section Image
  • Dan Campbell

    Buyer's Agent in 2014

    Dan Campbell

    RE/MAX

    (678) 416-2325

    12 Total Sales

    Dan Campbell
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 07344542

Georgia MLS

APN: 123-6033-104

Georgia Coweta County Newnan 30265

40 Merion Way, Newnan, GA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes