NOT LISTED FOR SALE

507 Hood Rd Newnan, GA 30263

Estimated Value: $844,000 - $1,024,000

5 Beds
5.5 Baths
5,851 Sq Ft
$160/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $899,000 $154 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,572/month

215 Days on Market

Highlights

  • Second Kitchen
  • In Ground Pool
  • Deck
  • Brooks Elementary School Rated A
  • Dining Room Seats More Than Twelve
  • Traditional Architecture

About This Home

As of October 2023

EXQUISITE TRADITIONAL POOL AND LAKEVIEW HOME, SITUATED ON A PREMIER OVER 8 ACRE LOT, WITH INCREDIBLE "BACKYARD OASAS" INCLUDING SPECTACULAR POOL AND BARN. TOTAL PRIVACY. This estate is a multigenerational home for the ages! A masterpiece of timeless architecture. Meticulously imagined with regard to Tradition classical style. SOPHISTICATED ELEGANCE custom designed and masterfully created featuring approximately 6000 square feet of unparalleled luxury and every imaginable upgrade! Double stair cases, stunning 10-18' ceilings, intricate millwork, 3 fireplaces. Entertain in style with large chef's professional kitchen... Gorgeous formal areas, great room, private executive office, exquisite owner's "wing" with bayed sitting area, and fabulous rear porch complete the 1st level! Double stairs lead upstairs to 3 more generous en-suites! "OUTDOOR LIVING AT IT'S FINEST" offers a large pool, and waterfall, wonderful large rear deck. Car buffs will love the 3 car garage! NO NEED TO TRAVEL WHEN IT IS ALL RIGHT HERE! Great school district, QUICK ACCESS TO SHOPPING, RESTAURANTS, TRILITH STUDIOS, THE SECOND LARGEST STUDIO IN THE WORLD 20 MINUTES FROM YOUR HOME AND I-85 5 minutes! RARE OPPORTUNITY IN Newnan!

Last Agent to Sell the Property

Christian Swann

Keller Williams Realty Atl. Partners License #345777 Listed on: 02/13/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Angie Chavez

Atlanta Communities License #242357

Atlanta Communities

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 2002

Lot Details

  • 8.47 Acre Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Second Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Schools

  • Brooks Elementary School
  • Madras Middle School
  • Newnan High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,409

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 8.47
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5851
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Double Oven, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Full
  • Below Grade Finished Sq Ft: 1929
  • Total Finished Sq Ft: 3922
  • Unfinished Below Grade Sq Ft: 377
  • Above Grade Finished Sq Ft: 3922
  • Interior Amenities: Other
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Breakfast Room, Kitchen Island, Second Kitchen
  • Price Per Square Foot: 153.785

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Other
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Features: In Ground
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Gas, Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: None
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Brooks
  • High School: Newnan
  • High School Bus: Yes
  • Middle School: Madras
  • Middle School Bus: Yes
  • Elementary School: Brooks
  • Middle School: Madras
  • High School: Newnan

Multi Family

  • Total Fireplaces: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6408.8

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Oct 27, 2023
Sold by
Duncan Ralph
Bought by
Smith Bruce and Smith Weston
Seller's Agent
Christian Swann
Keller Williams Realty Atl. Partners
Buyer's Agent
Angie Chavez
Atlanta Communities
List Price
$1,100,000
Sold Price
$899,000
Premium/Discount to List
-$201,000
-18.27%
Views
600
Current Estimated Value
$935,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,559
Avg. Annual Appreciation
0.03%
Original Mortgage
$545,000
Outstanding Balance
$535,142
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$364,448

Purchase Details

Closed on
Oct 14, 2011
Sold by
Welborn Mark
Bought by
Duncan Ralph and Duncan Joan

Purchase Details

Closed on
Mar 29, 2000
Sold by
R S Forestry Services Inc
Bought by
Welborn Mark R

Purchase Details

Closed on
Jan 5, 2000
Sold by
Gonwa Paul A
Bought by
Rs Forestry Services
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
Smith Bruce $899,000 --
Duncan Ralph $500,000 --
Welborn Mark R $30,100 --
Rs Forestry Services $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Bruce $545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $899,000 -0.1% $154 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $899,800 -5.3% $154 / Sq Ft
08/14/2023 08/14/23 Price Changed $949,800 -2.5% $162 / Sq Ft
07/14/2023 07/14/23 Price Changed $973,800 -2.5% $166 / Sq Ft
06/20/2023 06/20/23 Price Changed $998,800 -9.2% $171 / Sq Ft
02/13/2023 02/13/23 For Sale $1,100,000 -- $188 / 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 $7,586 $331,364 $42,161 $289,204
2023 $7,586 $354,904 $54,152 $300,753
2022 $4,443 $258,459 $38,680 $219,779
2021 $4,349 $243,440 $36,838 $206,602
2020 $4,372 $243,440 $36,838 $206,602
2019 $4,080 $193,739 $28,508 $165,232
2018 $4,462 $193,739 $28,508 $165,232
2017 $4,460 $193,739 $28,507 $165,232
2016 $4,396 $193,739 $28,508 $165,232
2015 $4,297 $193,739 $28,508 $165,232
2014 $4,608 $193,739 $28,508 $165,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20103252

Georgia MLS

APN: 058-5251-014