tomo logo

$800,000

Beds
5
Baths
5.0
sq ft
Unknown

1090 Highway 29 N, Newnan, GA 30263

1090 Highway 29 N

Newnan, GA 30263

  • 178 days on market
    • Price drop $49,999↓
    • Open house Nov 26
This captivating 1930s brick Georgian estate, majestically situated on 4+/- sprawling acres, offers a unique opportunity to own a piece of history infused with modern amenities. Immerse yourself in timeless elegance with a grand foyer featuring gleaming original hardwoods and classic dental molding. Host unforgettable gatherings in the formal dining room, or unwind by the majestic masonry fireplace in the inviting living room. Unleash your inner chef in the expansive, light-filled kitchen boasting a stainless steel gas cooktop, double wall oven, and vented hood for effortless meal preparation. The sun-drenched family room, with its charming brick floor and walls of windows, seamlessly blends indoor and outdoor living, creating a perfect space for family gatherings around the built-in entertainment center. This luxurious retreat offers multiple havens for relaxation. The guest suite features custom built-ins cabinets and a spa-like bathroom with a marble-topped vanity and a shower/tub combination. Upstairs, four additional bedrooms provide ample space, while the master suite boasts a spacious walk-in closet and a decadent bathroom with his-and-hers vanities, a soaking tub, and a separate tiled shower. Embrace the outdoors on the expansive second-floor deck offering breathtaking views of the property. Relax and unwind on the screened porch overlooking the rolling backyard, or enjoy the fragrance of the rose garden in the front yard. Mature landscaping creates a park-like setting, perfect for year-round enjoyment. Beautiful original hardwood floors flow throughout much of the home, while classic plantation shutters add a touch of Southern charm. The convenient circular driveway provides easy access for you and your guests. Don't miss this opportunity to own a piece of history and create lasting memories in this extraordinary home! Seller intends to explore a 1031 tax-deferred exchange. Buyer agrees to cooperate with Seller in facilitating this exchange, provided such cooperation incurs no additional cost, delay, or liability for Buyer. This includes but is not limited to, executing documents and adhering to timelines required by the exchange process.

Details

Property type

Single Family Residence

Est. home value

$702,923

Lot size

4.00 acres

Price per sq ft

Unknown

Year built

1935

Annual property taxes

$5,442

HOA

No

Price History

10/18/2024
FMLS

FMLS #7392535

Price change
$800,000
-5.88%
08/01/2024
FMLS

FMLS #7392535

Price change
$849,999
-4.49%
07/17/2024
FMLS

FMLS #7392535

Price change
$890,000
-1.11%

Schools & Community

Elementary school: 

Northside - Coweta

Middle school: 

Evans - Coweta

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

$384,986
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$351,014
Cash to seller
$384,986

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

Seller’s Loan History

Lender

Vanderbilt Mortgage

Loan start date

November 2019

Original loan amount

$390,400

Est. remaining balance

$351,014

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Lilia Quevedo and Ruben R Bravo

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: 11/23/2024 at 12:45 AM

Listing updated: 10/30/2024 at 12:40 PM

Listed by: Christina Fernandez, Keller Williams Realty Atlanta Partners Phone #: (678) 775-2600

MLS: FMLS #7392535

FMLS logo

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