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51 Bailey Drive

51 Bailey Drive, Newnan, GA 30263
Property in Coweta
Sold Nov 30, 2020
$150,000
$150,000 by United Community Bank
Mortgage Due Jan 01, 2050
Sold Apr 07, 2017
$110,000
Seller
$99,969 by Fairway Independent Mortgage
Mortgage Due May 01, 2047
51 Bailey Drive has been categorized by the local assessors in Newnan, GA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 51 Bailey Drive has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 50,094 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable style roof made of metal. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 51 Bailey Drive was last sold in Nov 30, 2020 for $150,000. According to our calculations, that's $148.81 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Apr 7, 2017. Current property owners are expected to pay $1,213 in taxes per year. The property on 51 Bailey Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $74,687. To break that down further, the land itself was valued at $14,000. While improvements to the property were assessed at a total of $60,687. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2007
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 672
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 50,094
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAGRANGE HEIGHTS
  • Land Acres: 1.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H/L 51 BAILEY DR LT 32 BLK A

Ownership

  • Current Owner : SCHAFFER ABBIE MARIE
  • Previous Owner : BUTLER MEGAN E
  • Owner Before Previous Owner: FLORA ALEX
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: COUNTY
  • Census Tract: 170605

Zoning

  • Zoning: R1S

Geography

  • Account Number: 36088
  • District: 2
  • Parcel: N45A 0002 017
  • Block: A
  • Lot: 11
  • Municipality: COUNTY UNINCORPORAT
  • Latitude: 33.3563
  • Longitude: -84.8162

    Address

  • Full Address: 51 Bailey Dr
  • Address - House Number: 51
  • Address - Street Name: Bailey
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Newnan
  • Carrier Code: C008
  • 4-Digit Zip Code: 2913
  • Zip Code: 30263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,213
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 232,728
  • High Value: 278,594
  • Low Value: 186,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: UNITED COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $186,717
  • Market Land Value: $35,000
  • Market Improvement Value: $151,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,687
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $60,687

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11809371576
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-007471
  • Previous Sale Recording Date: Apr 07, 2017
  • Previous Sale Contract Date: Apr 07, 2017
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED COMMUNITY BANK
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE
  • Previous Mortgage Transaction Date: Apr 07, 2017
  • Previous Mortgage Loan Amount: $99,969
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Coweta



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Unit for rent at 9 Parks Avenue, Newnan, GA, 30263

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Frequently Asked Questions

What neighborhood is 51 Bailey Drive located in?
The 51 Bailey Drive is a located in the neighborhood of Coweta in Coweta, Newnan.
What is the average sales price for listings in 51 Bailey Drive?
The average sales price for units in 51 Bailey Drive is $0 currently.

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