NOT LISTED FOR SALE

188 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $350,807 - $357,000

3 Beds
2 Baths
1,575 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $155,000 $98 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,046/month

5 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • L-Shaped Dining Room
  • Lee Middle School Rated A-
  • Great Room
  • Community Pool

About This Home

As of September 2014

Stepless ranch home in Summergrove. This won't last long. Great room with vaulted ceilings and gas fireplace. 3 bedrooms. 2 bath. Nice size master suite and bath offers a garden tub, separate shower, linen closet and a nice walk in closet. Fresh paint throughout. Easy maintenance with beautiful landscaping. Woods on back property line. Plenty of amenities. 3 Swimming pools. Eastlake pool has a lazy river, fishing lake, tennis courts and multiple parks for children to play. Summergrove Golf Course is semi private and is open to the public. Easy commute to Atlanta airport. Close to new Piedmont hospital and Cancer Centers of America. Lots of new shopping, theaters and restaurants. 30 minutes to Kia plant. Call today to view this low maintenance home.

Last Agent to Sell the Property

Karen Sullivan

Southern Classic Realtors License #254425 Listed on: 08/25/2014

Last Buyer's Agent

Joan Schloegel

BHHS Georgia Properties License #220504

BHHS Georgia Properties

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $1,142

Year Built

  • 2002

Lot Details

  • 0.26

Home Design

  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 1,575 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • L-Shaped Dining Room

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Underground Utilities
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$1,142

Year Built

2002

Lot Details

0

Listing Details

  • Accessibility: Stepless Entry
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Basement: Slab/None
  • Equipment: Carbon Monoxide Alarm, Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Icemaker Line, Built-In Microwave, Range/Oven, Refrigerator, Garbage Disposal
  • Interior Amenities: Cable In Street, Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Gas Logs, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet, Wall-to-wall Carpet
  • Laundry Location: Hall
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar
  • Above Grade Finished Sq Ft: 1575

Exterior Features

  • Construction: Aluminum/Vinyl
  • Exterior Features: Deck/Patio, Porch
  • Roof Type: Composition

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Double Pane/Thermo, Electric Water Heater
  • Water/Sewer: Public Water, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 610
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Swimming, Tennis

Association/Amenities

  • Amenities: Clubhouse, Lake, Neighborhood Association, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Courts, Underground Utilities

Schools

  • Elementary School: Welch / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: East Coweta / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: Lee / Coweta / Coweta County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Level Lot, Wooded
  • Lot Size: 1/3 - 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Sep 19, 2014
Sold by
Martin Thomas E
Bought by
Trezza John and Trezza Joann
Seller's Agent
Karen Sullivan
Southern Classic Realtors
Buyer's Agent
Joan Schloegel
BHHS Georgia Properties
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$353,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,245
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Aug 30, 2011
Sold by
Fund Self Help Ventures
Bought by
Martin Thomas E and Martin Brinda A

Purchase Details

Closed on
May 9, 2011
Sold by
Federal National Mortgage Association
Bought by
Self Help Ventures Fund

Purchase Details

Closed on
Apr 5, 2011
Sold by
Residential Credit Solutions I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 5, 2004
Sold by
Sides John P and Sides Leah F
Bought by
Ross Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Burnham Builders Inc
Bought by
Sides John P and Sides Leah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 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
Trezza John $155,000 --
Martin Thomas E $115,000 --
Self Help Ventures Fund -- --
Federal National Mortgage Association $120,000 --
Ross Linda D $150,000 --
Sides John P $137,700 --
Burnham Builders L P $619,500 --
Peachtree City Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Linda D $25,000
Previous Owner Ross Linda D $15,000
Previous Owner Ross Linda D $145,500
Previous Owner Sides John P $100,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $155,000 -3.1% $98 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $159,900 -- $102 / 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
2023 $1,142 $109,171 $26,000 $83,171
2022 $821 $104,894 $26,000 $78,894
2021 $719 $80,134 $22,000 $58,134
2020 $751 $80,134 $22,000 $58,134
2019 $972 $71,983 $14,000 $57,983
2018 $984 $71,983 $14,000 $57,983
2017 $1,284 $69,912 $14,000 $55,912
2016 $1,025 $61,214 $14,000 $47,214
2015 $975 $59,558 $14,000 $45,558
2014 $1,641 $49,204 $14,000 $35,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07325669

Georgia MLS

APN: SG7-272