NOT LISTED FOR SALE

550 Babrac Rd Newnan, GA 30263

Estimated Value: $358,000 - $386,000

3 Beds
2 Baths
1,954 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $125,000 $64 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $2,193/month

199 Days on Market

About This Home

As of October 2012

FIXER UPPER WITH LOTS OF POTENTIAL ON APPROX 4.2 ACRES FULL BRICK HOME, FULL UNFINISHED BASEMENT ***WE HAVE BANK APPROVAL BRING OFFERS***

Last Agent to Sell the Property

Luke Thompson

The Key To Closed License #271984 Listed on: 03/16/2012

Last Buyer's Agent

Luke Thompson

The Key To Closed License #271984 Listed on: 03/16/2012

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,523

Year Built

  • 1979

Lot Details

  • 4.2

Interior Spaces

  • 1,954 Sq Ft Home
  • Great Room
  • Fire and Smoke Detector

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Northside / Coweta / Coweta County Elementary School
  • Madras / Coweta / Coweta County Middle School
  • Newnan / Coweta / Coweta County High School

Property Details

Home Type

Other

Est. Annual Taxes

$2,523

Year Built

1979

Lot Details

0

Listing Details

  • Special Features: 12
  • Year Built: 1979

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Basement: Inside Entrance, Outside Entrance, Full
  • Equipment: Smoke/Fire Alarm
  • Kitchen Equipment: Separate Cooktop
  • Interior Amenities: Cable TV Connections, Wall-to-wall Carpet
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Total Finished Sq Ft: 1954
  • Kitchen / Breakfast: Breakfast Area, Country Kitchen

Exterior Features

  • Construction: Brick 4 Sided
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Garage, Kitchen Level Entry

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Schools

  • Elementary School: Northside / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: Newnan / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: Madras / Coweta / Coweta County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Sloping
  • Lot Size: 2-5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Oct 31, 2012
Sold by
Morris Lon E
Bought by
Blackstock Melissa
Seller's Agent
Luke Thompson
The Key To Closed
Buyer's Agent
Luke Thompson
The Key To Closed
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$373,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,973
Original Mortgage
$100,000
Outstanding Balance
$71,812
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2012
Sold by
Morris Lon E and Morris Betty Jean
Bought by
Morris Lon E

Purchase Details

Closed on
May 14, 2004
Sold by
Cofield Jimmy W
Bought by
Morris Lon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1996
Bought by
Cofield Jimmy Wayne

Purchase Details

Closed on
Sep 30, 1989
Bought by
Cofield Jimmy W

Purchase Details

Closed on
Jun 30, 1986
Bought by
Cofield Jimmy W and Cofield Ju
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
Blackstock Melissa $125,000 --
Morris Lon E -- --
Morris Lon E $178,000 --
Cofield Jimmy Wayne -- --
Cofield Jimmy W -- --
Cofield Jimmy W $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackstock Melissa $100,000
Previous Owner Morris Lon E $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $125,000 0.0% $64 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $125,000 -- $64 / 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 $2,523 $108,676 $25,790 $82,886
2023 $2,523 $113,386 $30,759 $82,626
2022 $2,152 $87,373 $23,661 $63,712
2021 $2,124 $80,699 $22,534 $58,165
2020 $2,139 $80,699 $22,534 $58,165
2019 $2,125 $72,605 $24,415 $48,190
2018 $2,129 $72,605 $24,415 $48,190
2017 $2,128 $72,605 $24,414 $48,191
2016 $2,103 $72,605 $24,415 $48,190
2015 $2,067 $72,605 $24,415 $48,190
2014 $1,412 $72,605 $24,415 $48,190
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Luke Thompson

    The Key To Closed

    1 Total Sale

    Luke Thompson
    Section Image
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Map

Source: Georgia MLS

MLS Number: 03202236

Georgia MLS

APN: 083-5172-016

Georgia Coweta County Newnan 30263

550 Babrac Rd, Newnan, GA

This home is located at 550 Babrac Rd, Newnan, GA 30263 since 16 March 2012 and is currently estimated at $373,973, approximately $191 per square foot. This property was built in 1979. 550 Babrac Rd is a home located in Coweta County with nearby schools including Brooks Elementary School, Madras Middle School, and Newnan High School.

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