NOT LISTED FOR SALE

159 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $321,513 - $356,000

3 Beds
2 Baths
1,240 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $145,000 $117 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,025/month

Highlights

  • Golf Course Community
  • Community Lake
  • Deck
  • Lee Middle School Rated A-
  • Clubhouse
  • Dock Rights

About This Home

As of March 2015

YES! AS OF 03/06/15, THIS HOME IS AVAILABLE AND MOVE IN READY!!! INCREDIBLE DEAL FOR IMMACULATE HOME JUST UPGRADED!! THIS IS A MUST SEE!! Beautiful ranch home in the best area of Summergrove. Just walk to the end of the street to be at Lake Summergrove, the fishing dock, Eastlake pool and waterpark with lazy river, playground, tetherball and multi-purpose court! Like living on a resort! Home is immaculate with new carpet, new HVAC, freshly painted, and BRAND NEW QUARTZ COUNTERS! Large master suite. Separate dining room open to large family room, kitchen is open to breakfast with eating counter in family room. private backyard. Great neighbors and just a short walk to school. This is a must see home!!

Last Agent to Rent the Property

Scott Cosby

BHGRE Metro Brokers License #291413 Listed on: 11/05/2014

BHGRE Metro Brokers

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,753

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry in Mud Room
  • Laundry Room

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Dock Rights
  • Deck
  • Patio

Location

  • Property is near schools

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

Listing and Financial Details

  • Security Deposit $1,395
  • 12-Month Min and 48-Month Max Lease Term
  • $35 Application Fee
  • Tax Lot 39

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee
  • Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Tennis Club
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,753

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Pet Deposit: 250
  • Security Deposit: 1395

Listing Details

  • Property Type: Residential Lease
  • District: 5
  • Year Built: 2002
  • ArchitecturalStyle: Ranch, Traditional
  • Financing Type: LEASE
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: One
  • Lot Size Acres: .28
  • Property Sub-Type: Single Family Residence
  • Max Rental Period Months: 48
  • Min Rental Period Months: 12
  • Total Finished Area2: 1240
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 1240
  • Above Grade Finished Sq Ft: 1240
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Soaking Tub, Pulldown Attic Stairs, Separate Shower, Tile Bath, Master On Main Level
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Factory Built, Gas Starter
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
  • Window Features: Double Pane Windows
  • Furnished: Unfurnished
  • Price Per Square Foot: 1.10483

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Level, Private
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Dock Rights

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Attic Fan
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: In Mud Room
  • Security Features: Security System, Smoke Detector(s)
  • Utilities: Underground Utilities, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Clubhouse, Golf, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Tennis Team, Walk To Schools
  • Application Fee: 35
  • PetsAllowed: Call

Fee Information

  • Fee Paid: No
  • 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

  • Land Lot: 20
  • Lot: 39
  • Plat Book: 77
  • Plat Page: 37

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jun 18, 2014
Sold by
Providence Parcels Llc
Bought by
Home 159 Llc
Seller's Agent
Scott Cosby
BHGRE Metro Brokers
Buyer's Agent
Glenda Broker
Non-Mls Company
Sold Price
$1,395
Current Estimated Value
$340,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,733
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Torres Maria E
Bought by
Davenport Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
Burnham Builders Lp
Bought by
Torres Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

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

Range of Values:

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Average Value
Not Available
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
Home 159 Llc $145,000 --
Prvidence Parcels Llc $145,000 --
Davenport Kimberly A $149,900 --
Torres Maria E $138,400 --
Burnham Builders L P $328,100 --
Peachtree City Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Kimberly A $30,000
Previous Owner Davenport Kimberly A $119,900
Previous Owner Torres Maria E $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Rented $1,370 0.0% --
02/15/2015 02/15/15 Under Contract -- -- --
11/05/2014 11/05/14 For Rent $1,370 0.0% --
06/18/2014 06/18/14 Sold $145,000 0.0% $103 / Sq Ft
06/18/2014 06/18/14 Rented $1,395 0.0% --
06/18/2014 06/18/14 For Rent $1,395 0.0% --
05/30/2014 05/30/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $152,900 0.0% $108 / Sq Ft
04/04/2012 04/04/12 For Rent $950 0.0% --
04/04/2012 04/04/12 Rented $950 -- --
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 $2,753 $120,478 $26,000 $94,478
2023 $2,753 $102,069 $26,000 $76,069
2022 $2,381 $97,870 $26,000 $71,870
2021 $2,018 $75,068 $22,000 $53,068
2020 $2,063 $75,068 $22,000 $53,068
2019 $1,995 $66,397 $14,000 $52,397
2018 $2,007 $66,397 $14,000 $52,397
2017 $1,942 $64,525 $14,000 $50,525
2016 $1,706 $56,666 $14,000 $42,666
2015 $1,664 $55,169 $14,000 $41,169
2014 $1,388 $45,812 $14,000 $31,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 7360825

Georgia MLS

APN: SG7-241