tomo logo

$327,900

Beds
3
Baths
2.0
sq ft
1,272

18 Watson Dr, Newnan, GA 30263

18 Watson Dr

Newnan, GA 30263

  • 37 days on market
    • Price drop $22,000↓
Charming 3 Bed/2 Bath home located in Historic Downtown Newnan. This newly rebuilt home offers the perfect blend of modern convenience and historic charm. featuring 3 bedrooms and 2 bathrooms, this residence is situated in the heart of downtown Newnan, making it a short walk to schools, shopping and your favorite restaurants. Commuters will love the quick access to 1-85 (5 Min) easy commutes to Atlanta Hartsfield Airport and Downtown Atlanta. The home Boasts Luxury vinyl plank floors throughout and beautiful tiled bathrooms. Enjoy the spacious front porch for relaxing and winding down at the end of a long day. This home is a gem in a prime location. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$191,195

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$258

Year built

2024

Annual property taxes

$1,233

Price History

12/09/2024
GeorgiaMLS

GeorgiaMLS #10414620

Price change
$327,900
-6.29%
11/16/2024
GeorgiaMLS

GeorgiaMLS #10414620

Listed
$349,900
+169.15%
07/25/2024
GeorgiaMLS

GeorgiaMLS #10336554

Sold
$130,000
+4%

Schools & Community

Elementary school: 

Atkinson

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

$294,779
Asking price
$327,900
Closing costs (~8% of asking)
-$26,232
Est. remaining loan balance
-$6,889
Cash to seller
$294,779

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

Seller’s Loan History

Lender

Southern States Bank

Loan start date

January 2024

Original loan amount

$80,000

Est. remaining balance

$6,889

Interest rate

7.22%

Loan type

New Conventional, 1 year

Seller

Troup Lake Properties Llc

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: 12/23/2024 at 4:55 AM

Listing updated: 12/12/2024 at 1:07 AM

Listed by: Stacy J. LeMay, Bush Real Estate Group

MLS: GeorgiaMLS #10414620

GeorgiaMLS logo

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