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$789,000

Beds
3
Baths
2.0
sq ft
2,148

1000 Emmett Young Rd, Newnan, GA 30263

1000 Emmett Young Rd

Newnan, GA 30263

  • 8 days on market
If you are looking for a peaceful place for you and your horses to call home, you have found it! Nestled in a 14-farm equestrian community equipped with riding trails, this charming three bedroom, two bath farmhouse sits on over 14 acres of land and is ideally located less than five miles to downtown Newnan with an abundance of restaurants, shopping, and entertainment. Walking into the home feels open, airy, and inviting. As you enter through the foyer, you are greeted by an oversized living room with vaulted ceilings and built-ins. This main level of this home features pine floors, an adorably cozy kitchen with a gas stove and stainless steel appliances, a large mudroom/laundry room, one bath, and two bedrooms, both of which feature french doors that open to the brand new deck, making it perfect for that indoor/outdoor feel. Head upstairs to find the lofted, oversized third bedroom and full bath, complete with its own small balcony where you can sit to enjoy the views of your farm. Not only is it beautiful, but this home has been well-taken care of, including a new water heater and encapsulated crawl space. Head outside to discover all this place has to offer for your horses, which is almost too much to list! The barn includes four matted stalls, a washer and dryer, refrigerator, hot and cold water sink, LED lights and fans over each stall and in the barn aisle, 12 extended overhangs with gutters on both sides, a hot and cold wash rack, all complete with a french drain servicing the barn for water runoff out to the pasture. You will have a 12 x 36 three-stall run-in shed with gates to make three 12 x 12 stalls and a brand new 24 x 24 run-in shed with gates to make two 12 x 12 stalls, both with gutters. There is also a detached three-car garage, a tool shed, and a 18 x 10 tack room on a foundation. The tack room is a horse lovers dream, as it is equipped with heat, air, a dehumidifier, and features extra-large shelving, cabinets, saddle racks, bridle hooks, a new hot water heater, a new deck with a gate to the stalls and pasture, and gutters. Outside of the structures, you and your horses will enjoy the land! There is approximately a 100 x 200 fenced-in arena with professional base and footing and an elevated and covered viewing platform, a 20-meter round pen with professional base and footing, five 16 x 24 paddocks, three large pastures that are gated, fenced and cross-fenced with safety BAYCO fencing, a separate electric meter, and a 50-amp service that is perfect for an RV or living quarters. It will be easy to keep your horses watered with five spigots throughout the pastures, each of which have outlets for heating the troughs to keep their water from freezing when it the temperatures are cold. There is so much to offer with this one, so you do not want to wait!

Details

Property type

Single Family Residence

Est. home value

$566,402

Lot size

14.40 acres

Price per sq ft

$368

Year built

1999

Annual property taxes

$4,178

Monthly HOA fee

$35.42

Price History

06/25/2024
FMLS

FMLS #7410413

Listed
$789,000
+44.77%
05/16/2022
GeorgiaMLS

GeorgiaMLS #20030480

Sold
$545,000

Schools & Community

Elementary school: 

Atkinson - Coweta

Middle school: 

Smokey Road

High school: 

Newnan

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$175,160
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$550,720
Cash to seller
$175,160

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Everett Financial

Loan start date

January 2023

Original loan amount

$560,000

Est. remaining balance

$550,720

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Debra Marie Palamenghi and Roy Benton Varney

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 11:15 AM

Listing updated: 06/25/2024 at 7:16 PM

Listed by: Michelle Humes Group, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7410413

FMLS logo

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