NOT LISTED FOR SALE

148 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $356,000 - $375,000

3 Beds
2 Baths
1,587 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $355,000 $224 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,227/month

Highlights

  • Boat Dock
  • Community Lake
  • Ranch Style House
  • Lee Middle School Rated A-
  • Clubhouse
  • Corner Lot

About This Home

As of February 2023

Welcome to this RANCH 3 Bedroom / 2 Bathroom home located in Eastlake SUMMERGROVE in Newnan with tons of updates! Master on Main Features Vaulted Ceiling, New Dual Vanities, Large Master Closet, Garden Tub, and Separate Shower --- Family Room With Vaulted Ceiling, Gas Fireplace, And Ceiling Fan --- Completely Updated Open Kitchen Features Large Dining Area Plus Room for High-Top Coffee Table --- Laundry ROOM --- 2 Car Attached Garage --- 5 Minute Walk to Eastlake Amenity Area and Lazy River --- New Playground and Dock Area and direct access to LINC. Call to See it Today!

Last Agent to Sell the Property

Jesse Tanner

Keller Williams Realty Atl. Partners License #386561 Listed on: 01/18/2023

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Alexis Shepherd

Keller Williams Realty Atl. Partners License #347461

Keller Williams Realty Atl. Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,587 Sq Ft Home
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 267

Community Details

Overview

  • Association fees include management fee
  • Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Swim Team
  • Tennis Club
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,138

Year Built

Built in 2002

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • ArchitecturalStyle: Ranch, Traditional
  • Financing Type: FHA
  • Levels: One
  • Lot Size Acres: .19
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1587
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1587
  • Above Grade Finished Sq Ft: 1587
  • Interior Amenities: Double Vanity, Separate Shower, Walk-In Closet(s), Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Bar, Solid Surface Counters
  • Price Per Square Foot: 223.69

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Corner Lot, Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Side/Rear Entrance

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Common Area, In Hall
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 695
  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s), Tennis Team, Shared Dock

Fee Information

  • Association Fee Includes: Management Fee

Schools

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

Lot Info

  • Lot: 267

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2138.15

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 9, 2023
Sold by
Mccondichie Steve
Bought by
Visser Jennifer
Seller's Agent
Jesse Tanner
Keller Williams Realty Atl. Partners
Buyer's Agent
Alexis Shepherd
Keller Williams Realty Atl. Partners
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Views
5
Current Estimated Value
$364,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,321
Avg. Annual Appreciation
0.52%
Original Mortgage
$348,570
Outstanding Balance
$336,048
Interest Rate
5.37%
Mortgage Type
FHA
Estimated Equity
$23,830

Purchase Details

Closed on
Jun 24, 2021
Sold by
Mcdonald Cynthiaj
Bought by
Mccondichie Steve

Purchase Details

Closed on
May 20, 2019
Sold by
Mcdonald Benjamin E
Bought by
Mcdonald Cynthia J

Purchase Details

Closed on
Jul 13, 2006
Sold by
Forchette Jhon E and Forchette Rebecca E
Bought by
Mcdonald Benjamin E and Mcdonald Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,580
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2002
Sold by
Burnham Builders Lp
Bought by
Forchett John E and Forchett Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,350
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2001
Sold by
Peachtree Ciyt Holdings
Bought by
Burnham Builders L P

Purchase Details

Closed on
Jan 25, 2000
Bought by
Peachtree Ciyt Holdings
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
Visser Jennifer $355,000 --
Mccondichie Steve $275,000 --
Mcdonald Cynthia J -- --
Mcdonald Benjamin E $167,900 --
Forchett John E $149,900 --
Burnham Builders L P $328,100 --
Peachtree Ciyt Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Visser Jennifer $348,570
Previous Owner Mcdonald Benjamin E $136,516
Previous Owner Mcdonald Benjamin E $33,580
Previous Owner Mcdonald Benjamin E $134,320
Previous Owner Forchette Jhon E $25,000
Previous Owner Forchette Jhon E $145,100
Previous Owner Forchett John E $142,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $355,000 +1.5% $224 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $349,900 -- $220 / Sq Ft
Source: Georgia MLS

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 $2,944 $128,832 $26,000 $102,832
2023 $2,944 $108,484 $26,000 $82,484
2022 $2,534 $104,169 $26,000 $78,169
2021 $2,042 $79,556 $22,000 $57,556
2020 $2,086 $79,556 $22,000 $57,556
2019 $2,027 $71,201 $14,000 $57,201
2018 $2,038 $71,201 $14,000 $57,201
2017 $1,967 $69,158 $14,000 $55,158
2016 $1,712 $60,578 $14,000 $46,578
2015 $1,666 $58,943 $14,000 $44,943
2014 $1,486 $48,729 $14,000 $34,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20097733

Georgia MLS

APN: SG7-267