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5 Buchanan Street

5 Buchanan Street, Newnan, GA 30263
House in Coweta
Sold Aug 17, 2021
$405,000
$324,000 by Homebridge Financial Services
Mortgage Due Jan 01, 2051
Sold Jan 12, 2021
$270,000
$256,500 by First Palmetto
Mortgage Due Jan 01, 2051
Local assessors in Newnan, GA have categorized 5 Buchanan Street as a residential type of property. The home was built in 1922 and is 102 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 580 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 Buchanan Street has a total of 2,175 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 Buchanan Street was last sold in Aug 17, 2021 for $405,000. According to our calculations, that's $186.21 per sqft. Prior to that sales transaction, the property was sold for $270,000 in Jan 12, 2021. Current property owners are expected to pay $2,066 in taxes per year. The property on 5 Buchanan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $111,818. To break that down further, the land itself was valued at $20,000. While improvements to the property were assessed at a total of $91,818. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,175
  • Building Area: 2,175
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NEWNAN CITY
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE/L 5 BUCHANAN STREET

Ownership

  • Current Owner : LONG CHRISTINE MARRA
  • Previous Owner : KELL PATRICK A
  • Owner Before Previous Owner: HAUGEN WALTER SANDERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: NEWMAN
  • Census Tract: 170701

Zoning

  • Zoning: R2

Geography

  • Account Number: 32240
  • Parcel: N03 0005 010
  • Municipality: NEWMAN
  • Latitude: 33.3703
  • Longitude: -84.8017

    Address

  • Full Address: 5 Buchanan St
  • Address - House Number: 5
  • Address - Street Name: Buchanan
  • Address - Suffix Type: St
  • State: GA
  • City Name: Newnan
  • Carrier Code: C004
  • 4-Digit Zip Code: 2740
  • Zip Code: 30263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,066
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 369,357
  • High Value: 431,565
  • Low Value: 307,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $324,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $279,544
  • Market Land Value: $50,000
  • Market Improvement Value: $229,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,818
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $91,818

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11854081612
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-005952
  • Previous Sale Recording Date: Jan 12, 2021
  • Previous Sale Contract Date: Jan 12, 2021
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $324,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PALMETTO
  • Previous Mortgage Transaction Date: Jan 12, 2021
  • Previous Mortgage Loan Amount: $256,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 5 Buchanan Street located in?
The 5 Buchanan Street is a house located in the neighborhood of Coweta in Newnan, Newnan.
What is the average sales price for listings in 5 Buchanan Street?
The average sales price for units in 5 Buchanan Street is $0 currently.

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