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$338,000

Beds
3
Baths
2.5
sq ft
1,874

75 Covington Ter, Newnan, GA 30263

75 Covington Ter

Newnan, GA 30263

  • <1 day on market
At just over 1870 SF, this 2 story home offers JUST THE RIGHT COMBINATION of space, layout, and outdoor area that makes for the perfect low-maintenance lifestyle. Fiber cement construction for energy efficiency and sound insulation, accented with ledge stone and an inviting front porch for cute curb appeal. Rear access driveway into a 2 car garage. Neutral colored paint throughout with splashes of color used in the decor means it will always be easy to keep your style updated and on trend. The family room features a raised hearth with stone surround on the fireplace, smooth ceilings, and a custom built in that elevates the look. Having an open concept floorplan means you'll be able to whip up dinner without missing out on the news of the day. Downstairs layout includes the kitchen, family room, breakfast room, foyer entry, and half bath. 3 bedrooms, the laundry room, a homework niche / home office area and 2 full baths are upstairs. Upgrades include hardwood floors, beautiful tile backsplash and granite countertops, white kitchen cabinets, stainless appliances, trey ceiling in the master, and a feature wall in one of the secondary bedrooms.

Details

Property type

Single Family Residence

Est. home value

$335,062

Lot size

Unknown

Price per sq ft

$181

Year built

2007

Annual property taxes

$2,475

Monthly HOA fee

$85

Price History

09/19/2024
GeorgiaMLS

GeorgiaMLS #10380865

Listed
$338,000
+4.97%
09/16/2022
GeorgiaMLS

GeorgiaMLS #20065337

Sold
$322,000

Schools & Community

Elementary school: 

Newnan Crossing

Middle school: 

Arnall

High school: 

East Coweta

Community features: 

Playground, Pool, Sidewalks, Street Lights

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

$3,868
Asking price
$338,000
Closing costs (~8% of asking)
-$27,040
Est. remaining loan balance
-$307,092
Cash to seller
$3,868

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

September 2022

Original loan amount

$316,167

Est. remaining balance

$307,092

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Zachary Dared Collins and Darryl F Collins

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?

Status: Active

Tomo last checked: 09/19/2024 at 5:55 PM

Listing updated: 09/19/2024 at 12:31 PM

Listed by: Jacqueline Campbell, RE/MAX Connections

MLS: GeorgiaMLS #10380865

GeorgiaMLS logo

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