tomo logo

$399,000

Beds
3
Baths
2.5
sq ft
2,182

38 The Promenade, Newnan, GA 30265

38 The Promenade

Newnan, GA 30265

  • 29 days on market
Come fall in love with this charming cottage home in everyone's favorite subdivision, Summergrove! This home offers plenty of room to spread out, with both an office/flex space on the main floor and a bonus room on the 3rd floor! The family room features a gas fireplace and plenty of light, while the office/flex space has French doors for privacy/sound control if needed. The cook's kitchen has a gas stove and features a dishwasher, refrigerator and garbage disposal that are all less than two years old! The kitchen also boasts granite counter tops and stainless steel appliances. Plenty of room to add a table or cozy loveseat in the eat-in-kitchen, or change the position of the moveable island/coffee bar, making it easy to customize the space to your tastes! A convenient 1/2 bath for guests rounds out the main floor. On the second level, you'll find a large and airy primary suite and bathroom, with a generous walk-in closet. Also on the upper level are two secondary bedrooms and a secondary bathroom next to a hallway laundry closet and an extra storage/linen closet that are sure to meet your family/guest needs! The third floor bonus room offers great flex space and access to attic storage! The home is allergy sufferer friendly with hardwood and laminate flooring throughout, no carpet to speak of! The detached 2 car garage has additional attic storage space and a new, very quiet garage door opener. All this and a fenced corner lot in wonderful Summergrove with it's 3 pools, fishing lake, walking trails, parks, playgrounds, golf course, tennis and pickle ball courts and of course the Summergrove Clubhouse and restaurant! Very convenient to shopping, Piedmont Hospital, and Hwy 85 access. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$408,085

Lot size

0.33 acres

Price per sq ft

$183

Year built

2000

Annual property taxes

$3,322.07

Monthly HOA fee

$66.25

Price History

09/05/2024
GeorgiaMLS

GeorgiaMLS #10363488

Listed
$399,000
09/05/2024
GeorgiaMLS

GeorgiaMLS #10363488

Removed
$399,000
08/22/2024
GeorgiaMLS

GeorgiaMLS #10363488

Listed
$399,000
+11.37%

Schools & Community

Elementary school: 

Welch

Middle school: 

Lee

High school: 

East Coweta

Community features: 

Clubhouse, Golf, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$115,044
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$252,036
Cash to seller
$115,044

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

Seller’s Loan History

Lender

Security National Mortgage

Loan start date

November 2021

Original loan amount

$268,688

Est. remaining balance

$252,036

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Diedre A Lloyd

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: 09/19/2024 at 9:20 PM

Listing updated: 09/17/2024 at 1:01 PM

Listed by: Erin Haley, Southern Classic Realtors

MLS: GeorgiaMLS #10363488

GeorgiaMLS logo

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