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$625,000

Beds
4
Baths
3.5
sq ft
2,350

9 Elm St, Newnan, GA 30263

9 Elm St

Newnan, GA 30263

  • 41 days on market
    • Price drop $25,000↓
It's all about location! 4 bed/3.5 bath home with an unfinished basement in Downtown Newnan. The front porch with swing welcomes you, as you enter the family room with brick fireplace and shiplap you notice the open floor plan. Dining area that can easily accommodate a large dining table. The kitchen has custom cabinets, tile backsplash, cypress wood range hood and quartz countertops. Doors open to a great screened in porch with fireplace. Owners suite on the main level with soaking tub and separate tile shower and walk in closet. Upstairs you will find a secondary bedroom with a private bathroom, and 2 additional bedrooms that share a bathroom. Full unfinished basement stubbed for a future bathroom and kitchen. Fenced in backyard. Great location. Walk to restaurants and shopping.

Details

Property type

Single Family Residence

Est. home value

$561,707

Lot size

0.28 acres

Price per sq ft

$266

Year built

2018

Annual property taxes

$4,785.16

Price History

10/21/2024
GeorgiaMLS

GeorgiaMLS #10394917

Price change
$625,000
-3.85%
10/13/2024
GeorgiaMLS

GeorgiaMLS #10394917

Listed
$650,000
+66.67%
09/30/2019
GeorgiaMLS

GeorgiaMLS #8581864

Sold
$390,000

Schools & Community

Elementary school: 

Elm Street

Middle school: 

Evans

High school: 

Newnan

Community features: 

Sidewalks

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

$287,929
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$287,071
Cash to seller
$287,929

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

Seller’s Loan History

Lender

Wells Fargo

Loan start date

August 2020

Original loan amount

$316,000

Est. remaining balance

$287,071

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Megan Malone

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 12:15 AM

Listing updated: 10/24/2024 at 1:12 AM

Listed by: The Good Team, eXp Realty

MLS: GeorgiaMLS #10394917

GeorgiaMLS logo

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