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$400,000

Beds
4
Baths
3.5
sq ft
2,064

5 Colonial Dr, Newnan, GA 30263

5 Colonial Dr

Newnan, GA 30263

  • 19 days on market
Beautiful Mid Century Modern renovated four sided brick home with an abundance of charm and character. Lots of natural lighting throughout the home with hardwood floors and LVP. Large laundry room with lots of storage space that could also be used as a pantry. Upper and lower level each have 2BDS/1BA. Spacious tile showers on both floors with double vanities. Large fenced backyard with a patio area. Beautiful yard and a 12x12 storage building with a loft and shelves for all your storage needs. Mudroom with a sink in the garage. Close to Downtown Newnan and Newnan Utility Carl Miller Park. Walkability to lovely Newnan and all of it's charm! Convenient to great Shopping, Healthcare and Schools. This is an amazing opportunity, hurry to make this house your dream home!

Details

Property type

Single Family Residence

Est. home value

$339,590

Lot size

0.47 acres

Price per sq ft

$194

Year built

1965

Annual property taxes

$3,126.66

HOA

No

Price History

02/04/2025
GeorgiaMLS

GeorgiaMLS #10452528

Listed
$400,000
+9.59%
07/11/2022
GeorgiaMLS

GeorgiaMLS #20048299

Sold
$365,000

Schools & Community

Elementary school: 

Ruth Hill

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

$69,848
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$298,152
Cash to seller
$69,848

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

Seller’s Loan History

Lender

Nbkc Bank

Loan start date

July 2022

Original loan amount

$310,250

Est. remaining balance

$298,152

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Caleb E Barker and Christy L Barker

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: 02/23/2025 at 5:15 PM

Listing updated: 02/18/2025 at 1:07 AM

Listed by: Linda Oesterle, Keller Williams Realty Atl. Partners

MLS: GeorgiaMLS #10452528

GeorgiaMLS logo

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