Sold Price cut: $109,000 (2/3)
$1,090,000
5 beds · 5 baths · 5,136 sqft
551 Arbor Springs Parkway, Newnan, GA 30265
Overpriced
Priced about $226,445 (26%) above comparable homes. Estimated market value $863,555, based on 3 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Back on the market due to no fault of the seller. Stunning Craftsman-style estate in Arbor Springs, perfectly situated on 1.9 wooded acres. This rare ranch on full basement is a 5BR/4.5BA home that features an open-concept floor plan with soaring ceilings, abundant natural light, and a chef’s kitchen with stainless steel appliances, double oven, and center island. The…
Home details
5
Beds
5
Baths
5,136
Sqft
2011
Built
1.9 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,050/morange $6,550 – $7,5507.8% gross yield
Based on 3 similar rentals within 5 mi.
5 bd · 5 ba · 4,000 sqft · 3.5 mi away$5,500/mo6 bd · 5 ba · 3.3 mi away$8,000/mo5 bd · 4 ba · 4,623 sqft · 4.2 mi away$4,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$7,821/mo
Principal & interest$6,363
Property taxes$1,090
Home insurance$318
HOA$50
Down payment$109,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
Arbor SpringsElementary
MadrasMiddle
NorthgateHigh
Location
9 for sale 2 pending 12 sold
Listed by
Professional Realty, Inc. · Sold by Keller Williams Realty Atl Partners
Source: FMLS · #7604524
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