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Coweta 30263
205 Gibson Road
Listing Courtesy of: Rhonda Duffy, DUFFY REALTY
$207,000
● House - Off Market

205 Gibson Road

Newnan, GA 30263
bedrooms
3 Beds
bathrooms
0 Bath, 1 Half Bath
square feet
2,163 Ft²
$380,181
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Remarkable ranch resting on a lush landscaped acre. Quiet,convenient area. Renovated&Ready! Beautiful wide plank knotty pine floors,crown molding&custom wainscoting. Open concept living w/custom built-in cabinetry. Huge sunken family room. Fireside dining/keeping room w/stone hearth. Chef's kitchen has wet bar island,stainless appliances,Kraftsmaid cabinetry&French doors leading to relaxing screen porch which views arbor deck&waterfall Koi pond. Owner's retreat w/NEWER walk-in glass block shower bath. Two storage buildings and awesome tree house in fenced backyard. WOW!
Unit Size
2,163 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (FMLS #5343089)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Jun 14, 2023 Listed by DUFFY REALTY $389,000
Listed by DUFFY REALTY
May 18, 2017 Sold
Premium
Sold
Mar 9, 2015 Sold
Premium
Sold
Sep 11, 2014 Listed by DUFFY REALTY $208,000
Listed by DUFFY REALTY

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2000
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 27
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GIBSON ROAD
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: H/.987 AC TR 3 GIBSON ROAD

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: COUNTY
  • Census Tract: 170303

Zoning

  • Zoning: R1

Geography

  • Account Number: 6450
  • District: 5
  • Subdivision Tract Number: 3
  • Parcel: 059 5166 009
  • Lot: 166
  • Municipality: COUNTY UNINCORPORAT
  • Latitude: 33.4503
  • Longitude: -84.8129

    Address

  • Full Address: 205 Gibson Rd
  • Address - House Number: 205
  • Address - Street Name: Gibson
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Newnan
  • Carrier Code: R038
  • 4-Digit Zip Code: 5912
  • Zip Code: 30263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $231,246
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.0809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 390,012
  • High Value: 421,595
  • Low Value: 358,430

    Market Valuation

  • Market Total Value: $249,042
  • Market Land Value: $15,898
  • Market Improvement Value: $233,144

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,617
  • Assessed Land Value: $6,359
  • Assessed Improvements Value: $93,258

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 18, 2017
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Coweta

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2733 ft²

Average Home Age

21.6 years

Currently For Sale

810 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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FMLS

Listed by: Rhonda Duffy, DUFFY REALTY
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5343089
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 205 Gibson Road built and last sold?
The property at 205 Gibson Road was built in 1989 and last sold on Sep 29, 2023 for $386,500.
How much is this home worth?
The estimated value of the home located at 205 Gibson Road is $387,202.
What are some comparable homes to 205 Gibson Road?
There are currently no comparable homes to 205 Gibson Road.
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