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71 Postal Parkway

71 Postal Parkway, Newnan, GA 30263
Property in Coweta
71 Postal Parkway has been categorized by the local assessors in Newnan, GA as a office type of property. The building on the property was first built in 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2008. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 37,462 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. 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. 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, 71 Postal Parkway sold most recently in Jul 31, 2020 for a total of $880,000. If you work out the math, that's approximately a cost of $199.55 per sqft. Before that, the property was also sold for $760,000 in Jun 2, 2008. 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 $5,063 in taxes each year. The initial year of tax delinquency occurred in 2020. 71 Postal Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,576. If we break it down further, the land itself was valued at $29,970. Improvements to the property, however, were assessed at a total of $191,606. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 12
  • Floor Count: 1
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 4,410
  • Gross Building Area: 4,410
  • Building Area: 4,410
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Subdivision: NORTHGATE CROSSING
  • Land Acres: 0.86
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: DENTAL OFFICE & LT 27 E 0.86 AC POSTAL PARKW

Ownership

  • Current Owner : LUDWIK PROPERTIES LLC
  • Previous Owner : LITCHFIELD PROPERTIES LLC
  • Owner Before Previous Owner: MCMANUS MOLLY N
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: NEWMAN
  • Census Tract: 170308

Zoning

  • Zoning: C2

Geography

  • Account Number: 36723
  • Parcel: N57A 119
  • Lot: 27
  • Municipality: NEWMAN
  • Latitude: 33.3966
  • Longitude: -84.767

    Address

  • Full Address: 71 Postal Pkwy
  • Address - House Number: 71
  • Address - Street Name: Postal
  • Address - Suffix Type: Pkwy
  • State: GA
  • City Name: Newnan
  • Carrier Code: C002
  • 4-Digit Zip Code: 2885
  • Zip Code: 30263

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,063
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 895,243
  • High Value: 1,029,977
  • Low Value: 760,509

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $728,382
  • First Open Lien Mortgage Lender: SOUTHERN STATES BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $728,382
  • First Open Lien Mortgage Term: 52
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Market Valuation

  • Market Total Value: $553,938
  • Market Land Value: $74,924
  • Market Improvement Value: $479,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,576
  • Assessed Land Value: $29,970
  • Assessed Improvements Value: $191,606

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11779779214
  • Current Sale Price: $880,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-004507
  • Previous Sale Recording Date: Jun 05, 2008
  • Previous Sale Contract Date: Jun 02, 2008
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN STATES BANK
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $728,382
  • First Mortgage Terms: 52
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2025
  • Second Mortgage Lender: LITCHFIELD PROPERTIES
  • Second Mortgage Transaction Date: Jul 31, 2020
  • Second Mortgage Terms: 4
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Jan 01, 2021

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BK
  • Previous Mortgage Transaction Date: Jun 05, 2008
  • Previous Mortgage Loan Amount: $637,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 02, 2013

About Newnan



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Frequently Asked Questions

What neighborhood is 71 Postal Parkway located in?
The 71 Postal Parkway is a located in the neighborhood of Coweta in Newnan, Newnan.
What is the average sales price for listings in 71 Postal Parkway?
The average sales price for units in 71 Postal Parkway is $0 currently.

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