NOT LISTED FOR SALE

85 Falls Trace Newnan, GA 30263

Estimated Value: $509,000 - $575,000

4 Beds
3.5 Baths
2,456 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $485,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,404/month

3 Days on Market

Highlights

  • 5 Acre Lot
  • Deck
  • Private Lot
  • Western Elementary School Rated A-
  • Seasonal View
  • Wooded Lot

About This Home

As of June 2022

This Gorgeous 10 month old home sits on 5 Peaceful, Beautiful acres! This is a 4 bedroom, open concept ranch home. The home has hardwood flooring, a spacious kitchen with quartz counter-tops, island, and top of the line stainless steel appliances. Large family room with beautiful stacked stone fireplace. Owners suite on the main level with hardwood flooring, and spa like bathroom and his and her closets! Upstairs you have one additional bedroom and a full bathroom perfect for a teen suite area. Outside you have a rocking chair front porch, and a covered back deck perfect for grilling out and nature watching. There is a small creek that runs along the backside of the property. And a great location, you have so much privacy and no HOA hassles, however you are just 10minutes to downtown Newnan, and 15 minutes to all the fabulous Ashley Park shopping & dining!

Last Agent to Sell the Property

Nichole Peterman

Keller Williams Realty Atl. Partners License #341528 Listed on: 05/24/2022

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Patricia Galindo

eXp Realty License #419314

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 2021

Lot Details

  • 5 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,456 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • 1 Fireplace
  • Family Room
  • Seasonal Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Deck
  • Porch

Schools

  • Western Elementary School
  • Evans Middle School
  • Newnan High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$684

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: FHA
  • Levels: One and One Half
  • Lot Size Acres: 5.00
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2456
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Cooktop, Dishwasher, Microwave, Oven (Wall), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 2456
  • Above Grade Finished Sq Ft: 2456
  • Interior Amenities: High Ceilings, Pulldown Attic Stairs, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Hardwood, Carpet
  • Kitchen Features: Kitchen Island, Pantry
  • Price Per Square Foot: 197.475

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Other
  • Lot Features: Private
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Other
  • View: Seasonal View

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Laundry Features: In Mud Room
  • Sewer: Septic Tank
  • Utilities: 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: Western
  • High School: Newnan
  • Middle School: Evans
  • Elementary School: Western
  • Middle School: Evans
  • High School: Newnan

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 684.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 27, 2022
Sold by
Booth Colby
Bought by
Morales William A Gomez
Seller's Agent
Nichole Peterman
Keller Williams Realty Atl. Partners
Buyer's Agent
Patricia Galindo
eXp Realty
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$552,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,621
Avg. Annual Appreciation
4.20%
Original Mortgage
$463,878
Outstanding Balance
$441,365
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$111,256

Purchase Details

Closed on
Jul 28, 2021
Sold by
Red Bird Homes Llc
Bought by
Booth Colby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,900
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Sep 29, 2020
Sold by
Cornay Ray Joseph
Bought by
Red Bird Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Morales William A Gomez $485,000 --
Booth Colby $439,900 --
Red Bird Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales William A Gomez $463,878
Previous Owner Booth Colby $439,900
Previous Owner Red Bird Homes Llc $246,000
Previous Owner Red Bird Homes Llc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $485,000 0.0% $197 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $485,000 -- $197 / 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 $5,006 $215,630 $40,680 $174,950
2023 $5,006 $211,780 $40,680 $171,100
2022 $4,005 $167,301 $40,680 $126,621
2021 $684 $26,000 $26,000 $0
2020 $416 $15,712 $15,712 $0
Source: Public Records

Agents Affiliated with this Home

  • Nichole Peterman

    Seller's Agent in 2022

    Nichole Peterman

    Keller Williams Realty Atl. Partners

    (678) 360-1602

    9 in this area

    128 Total Sales

    Nichole Peterman
    Section Image

  • P

    Buyer's Agent in 2022

    Patricia Galindo

    eXp Realty

    1 in this area

    7 Total Sales

    Patricia Galindo
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20044067

Georgia MLS

APN: 035-4037-035

Georgia Coweta County Newnan 30263

85 Falls Trace, Newnan, GA

This home is located at 85 Falls Trace, Newnan, GA 30263 since 24 May 2022 and is currently estimated at $552,621, approximately $225 per square foot. This property was built in 2021. 85 Falls Trace is a home located in Coweta County with nearby schools including Western Elementary School, Evans Middle School, and Newnan High School.

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