Seller's Agent in 2025
Michael Tally
Tally Real Estate Group LLC
(770) 217-0677
1 in this area
33 Total Sales
140 Lake Forest Dr Newnan, GA 30265
Summergrove NeighborhoodEstimated Value: $436,000 - $445,000
3
Beds
2
Baths
2,714
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Community Lake
- Deck
- Lee Middle School Rated A-
- Clubhouse
- 4-minute walk to Oak Park Square
About This Home
As of February 2025Stunning Summer Grove Retreat in Newnan, GA - 3 Bedrooms, Flex Room, & More! Welcome to 2700 sq. ft. of pure charm in the heart of Summer Grove, Newnan, GA! This beautifully maintained 3-bedroom, 2-bath home has everything you need to make your dream of homeownership a reality. Offering a flex room that can adapt to your lifestyle-whether you're looking for a cozy home office, a playroom for the kids, or an inspiring creative space, the possibilities are endless! Step outside to your semi-wooded backyard, perfect for those who love a little privacy while still enjoying the outdoors. Whether you're sipping morning coffee or hosting weekend barbecues, this backyard provides the perfect backdrop. Summer Grove is one of Newnan's most coveted communities, offering resort-style amenities including a golf course, swimming pools, tennis courts, and miles of scenic walking trails. It's not just a home-it's a lifestyle! With the local shopping, top-rated schools, and close-knit community vibes, this location truly has it all. We've taken extra care to ensure this home is move-in ready-complete with fresh pressure washing and window cleaning, so you can start enjoying your new space from day one! Don't wait! Contact me today for a private tour and discover why this Summer Grove gem won't be on the market for long.
Last Agent to Sell the Property
Tally Real Estate Group LLC License #244261 Listed on: 10/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,710
Year Built
- Built in 2002
Lot Details
- 0.48 Acre Lot
- Private Lot
- Wooded Lot
HOA Fees
- $52 Monthly HOA Fees
Home Design
- 1.5-Story Property
- Slab Foundation
- Composition Roof
- Concrete Siding
Interior Spaces
- 2,714 Sq Ft Home
- Bookcases
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Factory Built Fireplace
- Fireplace With Gas Starter
- Double Pane Windows
- Entrance Foyer
- Family Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Bonus Room
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Cooktop
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
- Whirlpool Bathtub
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry Room
- Laundry in Hall
Parking
- 2 Car Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Welch Elementary School
- Lee Middle School
- East Coweta High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Gas Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include ground maintenance, reserve fund, swimming, tennis
- Summergrove Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2024
Closed on
Feb 18, 2025
Sold by
Sfr Borrower 2021 2 Llc
Bought by
Shipp Jerry
Seller's Agent
Michael Tally
Tally Real Estate Group LLC
Buyer's Agent
Theresa Stafford
Keller Williams Realty Atl. Partners
List Price
$455,000
Sold Price
$432,500
Premium/Discount to List
-$22,500
-4.95%
Total Days on Market
72
Views
751
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,313
Avg. Annual Appreciation
3.30%
Original Mortgage
$302,750
Outstanding Balance
$302,500
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$136,358
Purchase Details
Closed on
Apr 17, 2020
Sold by
Hp Georgia I Llc
Bought by
Hpa Borrower 2020 2 Ml Llc
Purchase Details
Closed on
Sep 25, 2018
Sold by
Thompson Chelsea B
Bought by
Hp Georgia I Llc
Purchase Details
Listed on
Jun 21, 2012
Closed on
Nov 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Thompson Joshua T and Thompson Chelsea B
Seller's Agent
Bobby Spradlin
Pathfinder Realty
Buyer's Agent
Jan Thompson
Bush Real Estate Group
List Price
$192,000
Sold Price
$192,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$188,522
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 5, 2012
Sold by
Jpmorgan Chase Bank Nation
Bought by
Federal National Mtg Associati
Purchase Details
Closed on
Jun 28, 2002
Sold by
Pettie Dana E
Bought by
Elrod Dana P and Elrod Kevin C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,850
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2001
Sold by
Peachtree City Holdi
Bought by
Weekley Homes L P
Purchase Details
Closed on
Jun 12, 1997
Bought by
Peachtree City Holdi
Purchase Details
Closed on
Jun 30, 1984
Bought by
Jefferson Ventures I
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shipp Jerry | $432,500 | -- | |
| Hpa Borrower 2020 2 Ml Llc | -- | -- | |
| Hp Georgia I Llc | $290,000 | -- | |
| Thompson Joshua T | $192,000 | -- | |
| Federal National Mtg Associati | $246,822 | -- | |
| Jpmorgan Chase Bank National A | $246,822 | -- | |
| Elrod Dana P | -- | -- | |
| Pettit Dana E | $215,700 | -- | |
| Weekley Homes L P | $252,700 | -- | |
| Peachtree City Holdi | $2,828,900 | -- | |
| Jefferson Ventures I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shipp Jerry | $302,750 | |
| Previous Owner | Thompson Joshua T | $188,522 | |
| Previous Owner | Pettit Dana E | $204,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $432,500 | 0.0% | $159 / Sq Ft |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- |
| 12/23/2024 12/23/24 | Price Changed | $432,500 | -1.7% | $159 / Sq Ft |
| 11/18/2024 11/18/24 | Price Changed | $439,900 | -3.3% | $162 / Sq Ft |
| 10/23/2024 10/23/24 | For Sale | $455,000 | +137.0% | $168 / Sq Ft |
| 11/05/2012 11/05/12 | Sold | $192,000 | 0.0% | $71 / Sq Ft |
| 10/06/2012 10/06/12 | Pending | -- | -- | -- |
| 06/21/2012 06/21/12 | For Sale | $192,000 | -- | $71 / Sq Ft |
Source: Georgia MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $3,711 | $162,407 | $32,000 | $130,407 |
| 2022 | $3,439 | $141,339 | $32,000 | $109,339 |
| 2021 | $3,055 | $113,666 | $26,000 | $87,666 |
| 2020 | $3,339 | $121,500 | $26,000 | $95,500 |
| 2019 | $3,314 | $110,326 | $18,000 | $92,326 |
| 2018 | $3,334 | $110,326 | $18,000 | $92,326 |
| 2017 | $2,948 | $97,968 | $18,000 | $79,968 |
| 2016 | $2,906 | $96,514 | $18,000 | $78,514 |
| 2015 | $2,911 | $96,514 | $18,000 | $78,514 |
| 2014 | $2,562 | $84,882 | $18,000 | $66,882 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Theresa Stafford
Keller Williams Realty Atl. Partners
(404) 610-1829
1 in this area
68 Total Sales
-
Seller's Agent in 2012
Bobby Spradlin
Pathfinder Realty
(678) 416-0465
149 Total Sales
-
J
Buyer's Agent in 2012
Jan Thompson
Bush Real Estate Group
Map
Source: Georgia MLS
MLS Number: 10401012
APN: SG4-205
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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