NOT LISTED FOR SALE

137 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $298,032 - $336,000

3 Beds
2 Baths
1,343 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $194,250 $145 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,929/month

Highlights

  • Family Room with Fireplace
  • Traditional Architecture
  • Formal Dining Room
  • Lee Middle School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2019

Beautiful one story brick front home with 3 BR 2 BA located in Newnan! Fresh interior paint. New carpet throughout. Open family room with vaulted ceiling and fireplace. Eat in kitchen accents new stainless steel appliances and freshly painted cabinets. Separate formal dining room. Master bedroom offers en suite with dual vanity and soaking tub. Fully fenced backyard with open patio perfect for your next BBQ! Close to local lakes and parks. Come view this home today!

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC. License #385776 Listed on: 06/24/2019

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,939

Year Built

  • Built in 2002

Lot Details

  • 9,322 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,343 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Welch Elementary School
  • Lee Middle School
  • East Coweta High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number SG7 233

Community Details

Overview

  • Community Management Assoc Association
  • Summergrove Subdivision

Recreation

  • Swim or tennis dues are required

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,939

Year Built

Built in 2002

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2002
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room
  • Appliances: Dishwasher
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Cabinets Other, Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1343.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Main Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Fencing: Fenced
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Driveway, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Utilities: Cable Available
  • Electric: None

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee: 625
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Management Company Email: dbeardsley@cmacommunities.com
  • Subdivision Complex: Summergrove

Association/Amenities

  • Management Company: Community Management Assoc

Schools

  • Elementary School: Welch
  • Middle School: Lee
  • High School: East Coweta

Lot Info

  • Acres: 0.2140
  • Lot Features: Landscaped, Level
  • Parcel Number: SG7 233
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1939.00
  • Assessor Parcel Number: SG7-0-233
  • Close Date: 2019-08-29
  • Tax Year: 2018

MLS Schools

  • Elementary School: Welch
  • High School: East Coweta
  • Middle School: Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2019
Sold by
Spates Rachel J
Bought by
Offerpad Spvborrower1 Llc
Current Estimated Value
$319,758

Purchase Details

Closed on
Jan 30, 2014
Sold by
Morrison Rachel J
Bought by
Spates Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,080
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2002
Sold by
Burnham Builders Lp
Bought by
Morrison Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,950
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2001
Sold by
Pathway Communities
Bought by
Burnham Builders Lp

Purchase Details

Closed on
Jan 25, 2000
Sold by
Peachtree City Holdings
Bought by
Pathway Communities
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Offerpad Spvborrower1 Llc $186,124 --
Spates Rachel J -- --
Morrison Rachel J $143,000 --
Burnham Builders Lp $148,100 --
Pathway Communities -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spates Rachel J $117,080
Previous Owner Morrison Rachel J $44,750
Previous Owner Morrison Rachel J $141,057
Previous Owner Morrison Rachel J $140,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $194,250 -5.2% $145 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $204,900 -2.4% $153 / Sq Ft
06/24/2019 06/24/19 For Sale $209,900 -- $156 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,256 $98,709 $28,680 $70,030
2023 $2,256 $98,709 $26,000 $72,709
2022 $2,298 $94,471 $26,000 $68,471
2021 $1,954 $72,688 $22,000 $50,688
2020 $1,998 $72,688 $22,000 $50,688
2019 $1,927 $64,162 $14,000 $50,162
2018 $1,939 $64,162 $14,000 $50,162
2017 $1,877 $62,371 $14,000 $48,371
2016 $1,651 $54,846 $14,000 $40,846
2015 $1,611 $53,413 $14,000 $39,413
2014 $1,483 $44,456 $14,000 $30,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6575164

First Multiple Listing Service (FMLS)

APN: SG7-233