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7 Pecan Trace

7 Pecan Trace, Newnan, GA 30265
Sold Jan 29, 2021
$355,000
$348,570 by Homeowners Financial
Mortgage Due Jan 01, 2051
Sold Oct 31, 2013
Transfer
$141,750 by Wells Fargo Bank Na
Mortgage
Local assessors in Newnan, GA have categorized 7 Pecan Trace as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 7,909 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Pecan Trace has a total of 4,061 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 garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Pecan Trace sold most recently in Jan 29, 2021 for a total of $355,000. If you work out the math, that's approximately a cost of $87.42 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,664 in taxes each year. 7 Pecan Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $204,114. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $180,114. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Concrete Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2010
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Tile
  • Basement Type: Unfinished basement
  • Basement Area: 1,313
  • Garage Type: Garage
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,909
  • Total Building Area: 4,061
  • Building Area: 4,061
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,061
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CARRIAGE PARK S/D
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HSE/LT 26 CARRIAGE PARK S/D POD B

Ownership

  • Current Owner : COLVIN NATASHA
  • Current Owner 2: COLVIN DONALD
  • Previous Owner : BROWN JOHN D
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: NEWMAN ANNEX
  • Census Tract: 170607

Zoning

  • Zoning: ND

Geography

  • Account Number: 37529
  • District: 5
  • Parcel: SG2 044
  • Lot: 19
  • Municipality: NEWNAN
  • Latitude: 33.3761
  • Longitude: -84.7361

    Address

  • Full Address: 7 Pecan Trce
  • Address - House Number: 7
  • Address - Street Name: Pecan
  • Address - Suffix Type: Trce
  • State: GA
  • City Name: Newnan
  • Carrier Code: C017
  • 4-Digit Zip Code: 3149
  • Zip Code: 30265

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,664
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 554,256
  • High Value: 649,544
  • Low Value: 458,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,570
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL
  • First Open Lien Mortgage Recording Date: Jan 29, 2021
  • First Open Lien Mortgage Loan Amount: $348,570
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $510,284
  • Market Land Value: $60,000
  • Market Improvement Value: $450,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,114
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $180,114

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11818680887
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-000739
  • Previous Sale Recording Date: Oct 31, 2013
  • Previous Sale Contract Date: Oct 31, 2013
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS FINANCIAL
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $348,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 31, 2013
  • Previous Mortgage Loan Amount: $141,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7 Pecan Trace located in?
The 7 Pecan Trace is a house located in the neighborhood of Carriage Park at Summergrove in Summergrove, Newnan.
What is the average sales price for listings in 7 Pecan Trace?
The average sales price for units in 7 Pecan Trace is $0 currently.

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