NOT LISTED FOR SALE

50 Lovelace St Newnan, GA 30263

Estimated Value: $207,000 - $259,875

3 Beds
2 Baths
1,620 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $138,000 $85 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,416/month

4 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Den
  • 1 Fireplace
  • No HOA
  • Laundry in Mud Room

About This Home

As of March 2022

Fantastic investment property with that could be used as a three or four bedroom home! There are 2 full baths, large living area and detached garage. This sale includes parcel number N250001001 and N250001001A.

Last Agent to Sell the Property

Kim Burch

Coldwell Banker Spinks Brown License #362616 Listed on: 03/03/2022

Coldwell Banker Spinks Brown

Last Buyer's Agent

Kim Burch

Coldwell Banker Spinks Brown License #362616 Listed on: 03/03/2022

Coldwell Banker Spinks Brown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $109

Year Built

  • Built in 1940

Lot Details

  • 1.1 Acre Lot
  • Corner Lot

Parking

  • Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Den
  • Crawl Space
  • Oven or Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room

Schools

  • Ruth Hill Elementary School
  • Smokey Road Middle School
  • Newnan High School

Additional Features

  • Property is near schools
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rocky Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$109

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • ArchitecturalStyle: Bungalow/Cottage
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 1.10
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1620
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Oven/Range (Combo)
  • Bedrooms: 3
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1620
  • Above Grade Finished Sq Ft: 1620
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Flooring: Hardwood, Laminate
  • Price Per Square Foot: 82.0987

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Wood Siding, Brick
  • Lot Features: Corner Lot
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Mud Room
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Walk To Schools

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ruth Hill
  • High School: Newnan
  • Middle School: Smokey Road
  • Elementary School: Ruth Hill
  • Middle School: Smokey Road
  • High School: Newnan

Lot Info

  • Deed Book: 4150
  • Deed Page: 686

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
J & G Realestate Llc
Bought by
Ramos Joseph F and Mersereau Guy M
Current Estimated Value
$237,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,950
Outstanding Balance
$137,714
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$99,505

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 18, 2022
Sold by
D & M Ventures Llc
Bought by
J & G Realestate Llc
Seller's Agent
Kim Burch
Coldwell Banker Spinks Brown
Buyer's Agent
Kim Burch
Coldwell Banker Spinks Brown
List Price
$133,000
Sold Price
$138,000
Premium/Discount to List
$5,000
3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Nov 6, 2014
Sold by
Duncan Amanda G and Smith Dannis
Bought by
D & M Ventures Llc

Purchase Details

Closed on
Mar 22, 2006
Sold by
Lasalle Bank National Assn
Bought by
Tim Duncan and Smith Dannis

Purchase Details

Closed on
Jan 3, 2006
Sold by
Brown Maurice
Bought by
Lasalle Bank

Purchase Details

Closed on
Jan 29, 2003
Sold by
Cannon Gracie W
Bought by
Brown Marurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
9.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1998
Sold by
Tompkins Opal Marion
Bought by
Cannon Gracie Willena and Marionett King

Purchase Details

Closed on
Sep 30, 1975
Bought by
Tompkins Opal Marion
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
Ramos Joseph F -- --
J & G Realestate Llc $138,000 --
D & M Ventures Llc -- --
Tim Duncan $35,100 --
Lasalle Bank $92,000 --
Brown Marurice $95,000 --
Cannon Gracie Willena -- --
Tompkins Opal Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Joseph F $144,950
Previous Owner Brown Marurice $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $138,000 +3.8% $85 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $133,000 -- $82 / 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 $1,839 $80,501 $4,200 $76,301
2023 $1,839 $59,631 $2,520 $57,111
2022 $1,046 $42,978 $2,520 $40,458
2021 $900 $33,500 $2,520 $30,980
2020 $921 $33,500 $2,520 $30,980
2019 $825 $27,472 $4,055 $23,417
2018 $830 $27,472 $4,055 $23,417
2017 $606 $20,154 $4,055 $16,099
2016 $607 $20,154 $4,055 $16,099
2015 $577 $19,140 $3,042 $16,099
2014 $591 $19,140 $3,042 $16,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20023145

Georgia MLS

APN: N25-0001-001