NOT LISTED FOR SALE

550 Old Corinth Rd Newnan, GA 30263

Estimated Value: $282,000 - $318,000

4 Beds
3 Baths
2,068 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $290,000 $140 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,749/month

15 Days on Market

Highlights

  • Deck
  • Corner Lot
  • No HOA
  • Traditional Architecture
  • Solid Surface Countertops
  • Screened Porch

About This Home

As of September 2024

Must See! Offering 4 bedrooms, 3 full baths, and a fully updated living area; this updated property includes several features you would associate with comfort. Boasting the coveted stand-alone basement, which includes a kitchenette, there are lots of recreational areas. Front porch? Yes. Screened in back porch? Yes. Fenced backyard with a gazebo and firepit? Yes. This is the one. Come and check it out!

Last Agent to Sell the Property

Marte Swanson

Swanson & Associates Realty Brokerage Phone: 404-914-0419 License #368697 Listed on: 07/18/2024

Last Buyer's Agent

Kasheva Hill

Maximum One Realtor Partners License #385432

Maximum One Realtor Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,836

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.97 Acre Lot
  • Chain Link Fence
  • Corner Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Finished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom

Parking

  • Parking Pad
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Atkinson Elementary School
  • Smokey Road Middle School
  • Newnan High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mallard Landing Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,836

Year Built

Built in 1989 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • ArchitecturalStyle: Traditional
  • Financing Type: FHA
  • Levels: Multi/Split
  • Lot Size Acres: .97
  • Other Sturctures: Outbuilding, Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2068
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Exterior Entry, Finished, Interior Entry
  • Below Grade Finished Sq Ft: 672
  • Total Finished Sq Ft: 1396
  • Above Grade Finished Sq Ft: 1396
  • Interior Amenities: Tile Bath
  • Full Bathrooms: 3
  • Flooring: Vinyl
  • Kitchen Features: Solid Surface Counters
  • Price Per Square Foot: 140.232

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Stone, Wood Siding
  • Fencing: Chain Link, Other
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Kitchen Level, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Atkinson
  • High School: Newnan
  • Middle School: Smokey Road
  • Elementary School: Atkinson
  • Middle School: Smokey Road
  • High School: Newnan

Lot Info

  • Deed Book: 5667
  • Deed Page: 346

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1835.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 12, 2024
Sold by
Alegria Properties Llc
Bought by
Desauguste Jean A and Desauguste Tadjana
Seller's Agent
Marte Swanson
Swanson & Associates Realty
Buyer's Agent
Kasheva Hill
Maximum One Realtor Partners
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%
Views
139
Current Estimated Value
$298,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,558
Avg. Annual Appreciation
2.89%
Original Mortgage
$284,747
Outstanding Balance
$281,558
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$17,000

Purchase Details

Listed on
Jan 12, 2024
Closed on
Mar 19, 2024
Sold by
Contrerras-Lope Oscar
Bought by
Alegria Properties Llc
Seller's Agent
Chris Hassler
Atlanta Communities
Buyer's Agent
Ben Dings
Swanson & Associates Realty, LLC
List Price
$245,500
Sold Price
$225,000
Premium/Discount to List
-$20,500
-8.35%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.42%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Deutsche Bank Natl Trust Co
Bought by
Contrerras-Lopez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
Seddik Youssef
Bought by
Deutsche Bank Natl Trust Co

Purchase Details

Closed on
Apr 22, 2004
Sold by
Seddik Mohsen
Bought by
Seddik Youssef

Purchase Details

Closed on
Dec 12, 1990
Bought by
Seddik Mohsen

Purchase Details

Closed on
Oct 4, 1989
Bought by
Seddik Mohsen and Seddik Trin
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
Desauguste Jean A $290,000 --
Alegria Properties Llc $225,000 --
Contrerras-Lopez Oscar $95,900 --
Deutsche Bank Natl Trust Co $92,700 --
Seddik Youssef -- --
Seddik Mohsen -- --
Seddik Mohsen $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desauguste Jean A $284,747
Previous Owner Contrerras-Lopez Oscar $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $290,000 -3.3% $140 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $299,999 +33.3% $145 / Sq Ft
03/08/2024 03/08/24 Sold $225,000 -8.4% $109 / Sq Ft View Prior Sale
01/12/2024 01/12/24 For Sale $245,500 -- $119 / 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 $1,924 $87,488 $16,000 $71,488
2023 $1,924 $79,080 $16,000 $63,080
2022 $1,616 $70,299 $16,000 $54,299
2021 $1,354 $56,092 $8,000 $48,092
2020 $1,361 $56,092 $8,000 $48,092
2019 $963 $37,702 $8,000 $29,702
2018 $965 $37,702 $8,000 $29,702
2017 $468 $20,739 $4,000 $16,739
2016 $464 $20,739 $4,000 $16,739
2015 $459 $20,739 $4,000 $16,739
2014 $377 $17,858 $4,000 $13,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10340819

Georgia MLS

APN: 064-2045-014