tomo logo

$499,000

Beds
5
Baths
3.5
sq ft
Unknown

86 Lancaster Way, Newnan, GA 30263

86 Lancaster Way

Newnan, GA 30263

  • 16 days on market
Welcome to your dream home! This spacious 1.5-story cottage-style residence boasts 5 bedrooms and 3.5 bathrooms. As you enter the foyer, you're greeted by beautiful hardwood floors that flow seamlessly into the separate living room and dining room. The dining room comfortably seats ten and will accommodate a large china cabinet and server. Continuing through, you'll pass the owner's suite featuring a cozy wood/gas fireplace. The primary bathroom is a sanctuary with a new walk-in spa tub, separate shower, dual sinks, and two walk-in closets. Upon leaving the primary suite, you'll find yourself in the vaulted family room, where a fireplace provides warmth and ambiance. This spacious room is perfect for two sitting areas and leads directly to the screened-in back porch and a separate deck, ideal for outdoor relaxation and entertaining. The large fenced backyard offers enough space for keeping chickens for fresh eggs or hosting cookouts. From the family room, you can access the upstairs teen suite, complete with a bathroom, large closet, and new LVP flooring. Head back downstairs into the family room to enter the updated eat-in kitchen, which features new quartz countertops and a large walk-in pantry with custom shelves by Closet By Design. The kitchen is equipped with new appliances, including a cooktop, dishwasher, farm sink, touchless faucet, and double ovens. Upstairs, you'll find three additional secondary bedrooms and another bathroom, providing plenty of space for guests. This home combines charm, functionality, modern amenities, and no HOA, making it an ideal place to call home. Not to mention, this home is in the perfect location for shopping, entertainment, and boarding horses at the two nearby stables. It is less than 5 miles from Ashley Park shopping center, the new Publix, and Newnan Country Club. Don't miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$395,589

Lot size

1.11 acres

Price per sq ft

Unknown

Year built

1994

Annual property taxes

$3,327

HOA

No

Price History

11/06/2024
FMLS

FMLS #7482375

Listed
$499,000
+33.07%
10/13/2023
GeorgiaMLS

GeorgiaMLS #20125146

Sold
$375,000

Schools & Community

Elementary school: 

Northside - Coweta

Middle school: 

Evans - Coweta

High school: 

Newnan

Community features: 

Stable(s), Restaurant

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

$344,606
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$114,474
Cash to seller
$344,606

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

Seller’s Loan History

Lender

Jp Morgan Chase Bk

Loan start date

June 2008

Original loan amount

$170,800

Est. remaining balance

$114,474

Interest rate

6.01%

Loan type

New Conventional, 30 year

Seller

Robert Ribeiro and Vivian Ribeiro

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: 11/23/2024 at 12:20 AM

Listing updated: 11/18/2024 at 11:50 AM

Listed by: Jackie Lopez, Keller Williams Realty Atl Partners Phone #: (770) 632-1112

MLS: FMLS #7482375

FMLS logo

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