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27 Reynolds St, Newnan, GA, 30263

2beds
2baths
854sqft
$120,000
$141price/sqft
$1,137/moest. monthly cost
$45,480/yrincome needed

About This Home

Unique investment opportunity located in downtown Newnan. The current owner originally purchased this property to flip, but due to a change in plans, the home is now available for a buyer to complete. Additionally, electrical systems have been fully updated. Is a project perfect for a buyer looking to establish themselves in a downtown location at an excellent price point. Please note that this is a cash-only sale with no disclosures provided.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

7/10
Welch Elementary SchoolGrades PK-54.5 mi
5/10
Lee Middle SchoolGrades 6-88.1 mi
6/10
East Coweta High SchoolGrades 9-127.7 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Other
  • Flooring: Other
  • Finished area below ground: 0
  • Finished area above ground: 854

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 854
  • Total interior livable area: 854 sqft

Kitchen

  • Features: Breakfast Area,Solid Surface Counters

Property

Details

  • Parcel number: N31 0004 005
  • Special condition: As Is,Estate Owned

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Residential vegetation: Grassed

Lot

  • Lot size: 10,454 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $606$7,272
Home Insurance *$67$804
Property Taxes $245$2,940
Electricity $219$2,637
Total$1,137$13,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,982/yr
40% on housing$34,110/yr
45% on housing$30,320/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 30263$155
Coweta County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 30263$184
Coweta County$184

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$120,000
2025-05-21Sold$66,000
2025-05-12Pending sale$75,000
2025-05-09Listed for sale$75,000

For Sale by Agent

AgentJenny Yolanda Caceres
BrokerageCENTURY 21 NUWAY REALTY

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