NOT LISTED FOR SALE

518 Palmetto Tyrone Rd Newnan, GA 30265

Estimated Value: $346,000 - $418,000

3 Beds
2 Baths
2,414 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $200,000 $83 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,381/month

13 Days on Market

Highlights

  • Dining Room Seats More Than Twelve
  • Deck
  • Rural View
  • Arbor Springs Elementary School Rated A-
  • Wooded Lot
  • Oversized primary bedroom

About This Home

As of July 2019

Desired N. Coweta/Northgate School district! Investors dream or savvy renovator. Great bones, just needs TLC and a few upgrades. Very large bedrooms all with over sized walk in closets. Two master bathrooms on opposite ends of home. Large family room, separate dining room,large eat-in kitchen. Refrigerator less than 2 years old stays. Wood deck overlooking private back yard. Sep laundry room and 3 car garage! HVAC less than 2 years old. Home has current termite bond. Detached 20x20 metal shop. Enjoy privacy and seclusion while only minutes from I-85. Being sold AS IS.

Last Agent to Sell the Property

Jeff Grubbs

Southern Classic Realtors License #389520 Listed on: 06/10/2019

Southern Classic Realtors

Last Buyer's Agent

Todd Day

Drake Realty, Inc License #319106

Drake Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $701

Year Built

  • Built in 2002

Lot Details

  • 2.16 Acre Lot
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,414 Sq Ft Home
  • Insulated Windows
  • Family Room
  • Dining Room Seats More Than Twelve
  • Breakfast Room
  • Formal Dining Room
  • Rural Views
  • Pull Down Stairs to Attic
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Accessible Home Design

  • Accessible Bedroom
  • Accessible Doors

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Arbor Springs Elementary School
  • Madras Middle School
  • Northgate High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 130 6082 020B

Home Details

Home Type

Single Family

Est. Annual Taxes

$701

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Bedroom, Accessible Doors
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater
  • Interior Amenities: Disappearing Attic Stairs, Double Vanity
  • Kitchen Features: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Kitchen Island, Pantry Walk-In
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 2414.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: In-Law Suite/Apartment, Master on Main, Oversized Master
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Outbuilding, Workshop
  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck
  • Exterior Features: Private Yard
  • View: Rural

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Electricity Available
  • Electric: 110 Volts

Schools

  • Elementary School: Arbor Springs
  • Middle School: Madras
  • High School: Northgate

Lot Info

  • Acres: 2.1600
  • Lot: 1A
  • Land/Lot: 82
  • Plat Book: 76
  • Plat Page: 126
  • Lot Features: Back Yard, Front Yard, Level, Private, Wooded
  • Lot Dimensions: x 0
  • Parcel Number: 130 6082 020B
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 701.00
  • Assessor Parcel Number: 130-6-082-020B
  • Close Date: 2019-07-26
  • Tax Year: 2018

MLS Schools

  • Elementary School: Arbor Springs
  • High School: Northgate
  • Middle School: Madras

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 26, 2019
Sold by
Houston Marion A
Bought by
Ritter Colton W and Ritter Katie S
Seller's Agent
Jeff Grubbs
Southern Classic Realtors
Buyer's Agent
Todd Day
Drake Realty, Inc
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Total Days on Market
13
Current Estimated Value
$380,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,247
Avg. Annual Appreciation
11.52%
Original Mortgage
$196,377
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2005
Sold by
Houston James A
Bought by
Adventure Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,998
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Ritter Colton W $200,000 --
Adventure Homes Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Colton W $193,500
Closed Ritter Colton W $196,377
Previous Owner Houston Marion A $144,500
Previous Owner Houston Marion A $30,000
Previous Owner Houston Marion A $50,000
Previous Owner Adventure Homes Inc $89,998
Previous Owner Houston Ansley $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $200,000 +0.1% $83 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $199,900 -- $83 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2023 $2,964 $131,538 $9,875 $121,663
2022 $2,511 $101,933 $7,900 $94,033
2021 $2,239 $85,056 $7,524 $77,532
2020 $2,120 $80,000 $12,920 $67,080
2019 $696 $74,894 $14,929 $59,965
2018 $701 $74,894 $14,929 $59,965
2017 $700 $74,894 $14,929 $59,965
2016 $677 $74,894 $14,929 $59,965
2015 $642 $74,894 $14,929 $59,965
2014 $621 $74,894 $14,929 $59,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6567859

First Multiple Listing Service (FMLS)

APN: 130-6082-020B