tomo logo

$590,000

Beds
4
Baths
3.5
sq ft
3,975

40 Tanglewood Rd, Newnan, GA 30263

40 Tanglewood Rd

Newnan, GA 30263

  • 8 days on market
Welcome to this exceptional 6.5-acre property located in the highly sought-after Northgate School District. This unique property offers a blend of charm and modern updates. The main home greets you with a welcoming rocking chair front porch, perfect for relaxing and enjoying the serene surroundings. Inside, you'll find an updated eat-in kitchen featuring shaker-style cabinets, granite countertops, and a stylish backsplash. The open living room and dining room combo showcases beautiful engineered floors, while the cozy den, with its brick surround, is the perfect spot for a wood-burning stove. An impressive addition to the home includes a spacious primary suite with a massive bathroom, a large walk-in closet and a convenient laundry room. The main home also features 3 additional bedrooms and 2 additional bathrooms on the second floor. Additionally, the property features a guest cottage complete with a kitchenette and bathroom, offering privacy and comfort for visitors. The grounds include excellent pasture land and a large barn, ideal for those with equestrian interests or anyone seeking extra space for hobbies and storage. Situated on a peaceful dead-end road, this property provides the perfect blend of tranquility and convenience. Schedule your private tour today and experience all that this exceptional estate has to offer.

Details

Property type

Single Family Residence

Est. home value

$603,706

Lot size

6.56 acres

Price per sq ft

$149

Year built

1982

Annual property taxes

$5,331

Price History

01/15/2025
GeorgiaMLS

GeorgiaMLS #10440865

Listed
$590,000
+2.61%
10/02/2024
GeorgiaMLS

GeorgiaMLS #10313936

Removed
$575,000
09/12/2024
GeorgiaMLS

GeorgiaMLS #10313936

Price change
$575,000
-2.53%

Schools & Community

Elementary school: 

Arbor Springs

Middle school: 

Madras

High school: 

Northgate

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

$168,885
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$373,915
Cash to seller
$168,885

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

Seller’s Loan History

Lender

New Day Financial

Loan start date

February 2023

Original loan amount

$382,486

Est. remaining balance

$373,915

Interest rate

6.42%

Loan type

VA, 30 year

Seller

Brian Pettite and Kendra Pettite

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?

Similar Homes Nearby

Price drop
FMLS
$515,000
4 bd
|
3 ba
|
3,333 sq ft
|
House

51 Cainbridge Park Dr, Newnan, GA 30263

GeorgiaMLS
$608,785
4 bd
|
3 ba
|
2,814 sq ft
|
House

52 Hall Dr Unit 1, Newnan, GA 30263

GeorgiaMLS
$585,000
4 bd
|
3.5 ba
|
3,091 sq ft
|
House

76 Coral Ridge Ct, Palmetto, GA 30268

Status: Active

Tomo last checked: 01/23/2025 at 4:35 AM

Listing updated: 01/17/2025 at 12:17 PM

Listed by: Kelley Kesterson, Pathfinder Realty

MLS: GeorgiaMLS #10440865

GeorgiaMLS logo

Recently listed in Newnan

$675,000|5 bd|4.0 ba|House
$325,500|4 bd|2.5 ba|House
$549,900|3 bd|2.5 ba|House
$249,000|3 bd|2.0 ba|House
$499,900|4 bd|3.5 ba|House
$350,000|3 bd|2.0 ba|House
$329,786|3 bd|3.5 ba|Townhouse
$480,000|4 bd|3.0 ba|House
$395,000|3 bd|2.0 ba|House
$464,900|4 bd|3.0 ba|House