NOT LISTED FOR SALE

850 Welcome Rd Newnan, GA 30263

Estimated Value: $220,000 - $293,000

3 Beds
3 Baths
1,788 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 12, 2015

Last sale price $115,000 $64 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,472/month

179 Days on Market

Highlights

  • Den
  • Western Elementary School Rated A-
  • Dining Room

About This Home

As of March 2015

ADORABLE 2 STORY HOME WITH LOTS OF SPACE. ALL KITCHEN APPLIANCES TO REMAIN. CURRENTLY HOOKED UP TO WELL BUT COUNTY WATER IS RAN UNDER THE HOUSE AND IS READY TO BE SWITCHED OVER, HAS BOTH GAS AND ELECTRIC AVAILABLE FOR DYER AND WATER HEATER. OUTSIDE HAS FENCED IN AREA AND NICE WORK SHOP. PROPERTY BORDERS A SMALL POND. THIS HOME IS ELIGIBLE FOR USDA 100% FINANCING.

Last Agent to Sell the Property

Lee McGuffey

BHGRE Metro Brokers License #304093 Listed on: 08/01/2014

BHGRE Metro Brokers

Last Buyer's Agent

Georgia Nations

Southern Real Estate Properties License #253712

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,297

Year Built

  • 1979

Lot Details

  • 0.88

Interior Spaces

  • 1,788 Sq Ft Home
  • Dining Room
  • Den
  • Crawl Space

Schools

  • Western / Coweta / Coweta County Elementary School
  • Evans / Coweta / Coweta County Middle School
  • Newnan / Coweta / Coweta County High School

Utilities

  • Well
  • Electric Water Heater
  • Septic Tank

Property Details

Home Type

Other

Est. Annual Taxes

$1,297

Year Built

1979

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1979

Interior Features

  • Basement: Crawlspace
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Built-In Microwave, Wall Oven, Refrigerator, Trash Compactor
  • Interior Amenities: Cable TV Connections, Entrance Foyer, Wall-to-wall Carpet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Island, Pantry
  • Above Grade Finished Sq Ft: 1788

Exterior Features

  • Construction: Brick 4 Sided
  • Exterior Features: Deck/Patio, Fenced Yard, Out Building, Porch, Workshop
  • Waterfront Type: Pond
  • Waterfront Frontage: 0

Garage/Parking

  • Parking: 2 Car, Carport

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Forced Air
  • Energy Features: Electric Water Heater
  • Water/Sewer: Public Water, Septic Tank, Well

Schools

  • Elementary School: Western / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: Newnan / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: Evans / Coweta / Coweta County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Corner, Sloping
  • Lot Size: 1/2 - 1 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Mar 12, 2015
Sold by
Trapp John D
Bought by
Peacock Hillie L
Seller's Agent
Lee McGuffey
BHGRE Metro Brokers
Buyer's Agent
Georgia Nations
Southern Real Estate Properties
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$256,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,241
Avg. Annual Appreciation
7.87%
Original Mortgage
$117,346
Outstanding Balance
$90,239
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$166,002

Purchase Details

Closed on
Apr 27, 2012
Sold by
Chestnut Tommy A
Bought by
Trapp John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,338
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2011
Sold by
Chestnut Lewis Q
Bought by
Chestnut Tommy A

Purchase Details

Closed on
Mar 28, 2011
Sold by
Chestnut Lewis Q
Bought by
Chestnut Lewis Q Estate

Purchase Details

Closed on
Jun 2, 2007
Sold by
Chestnut Lewis Q and Chestnut J
Bought by
Chestnut Lewis Q

Purchase Details

Closed on
Aug 31, 1984
Bought by
Chestnut Lewis Q & J
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
Peacock Hillie L $115,000 --
Trapp John D $105,000 --
Chestnut Tommy A -- --
Chestnut Lewis Q Estate -- --
Chestnut Lewis Q -- --
Chestnut Lewis Q & J $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Hillie L $117,346
Previous Owner Trapp John D $102,338
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2015 03/12/15 Sold $115,000 -3.4% $64 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
11/04/2014 11/04/14 Price Changed $119,000 -8.4% $67 / Sq Ft
08/01/2014 08/01/14 For Sale $129,900 -- $73 / 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 $1,297 $60,456 $7,680 $52,776
2023 $1,297 $51,660 $5,978 $45,682
2022 $1,090 $48,963 $5,693 $43,270
2021 $1,104 $46,598 $5,693 $40,905
2020 $1,110 $46,598 $5,693 $40,905
2019 $1,104 $37,716 $9,448 $28,268
2018 $1,106 $37,716 $9,448 $28,268
2017 $1,024 $34,929 $9,448 $25,481
2016 $1,012 $34,929 $9,448 $25,481
2015 $994 $34,929 $9,448 $25,481
2014 $986 $34,929 $9,448 $25,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07313636

Georgia MLS

APN: 048-5064-012