NOT LISTED FOR SALE

20 the Promontory Newnan, GA 30263

Lake Redwine Neighborhood

Estimated Value: $1,112,005 - $1,142,000

5 Beds
5 Baths
5,383 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $600,000 $111 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,891/month

131 Days on Market

Highlights

  • Marina
  • Uncovered dock with no slip
  • Dining Room Seats More Than Twelve
  • Brooks Elementary School Rated A
  • Community Lake
  • Clubhouse

About This Home

As of November 2013

Lake living at it's finest! Come see this fantastic stately rock and brick lakefront home in prestigious Lake Redwine Plantation. 5 bedrooms/5 baths with full finished basement. Master on main. Granite counters, tile, 4" hardwood floors. Screened in rear deck porch. Home features a low maintenance TREX deck. Mahogany/leaded glass front door. Beautiful hall-tree by garage entrance. Home equipped with top of the line Acorn stair lift. All doorways downstairs are oversized. Basement includes wet bar, bedroom, a full bathroom and plenty of storage. Open space for possible media room, kitchen, gym, etc. Private dock and seawall at end of property. The view is breathtaking!

Last Agent to Sell the Property

Bryan Foerster

BHHS Georgia Properties License #349752 Listed on: 06/07/2013

BHHS Georgia Properties

Last Buyer's Agent

Mike Toneff

Michael Carr and Associates License #339059

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $6,827

Year Built

  • 2006

Lot Details

  • 1.11

Home Design

  • Slab Foundation

Interior Spaces

  • 5,383 Sq Ft Home
  • Great Room
  • Family Room
  • Dining Room Seats More Than Twelve
  • Library
  • Recreation Room
  • Bonus Room
  • Home Gym

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Seawall
  • Uncovered dock with no slip
  • Dock Rights

Schools

  • Brooks / Coweta / Coweta County Elementary School
  • Madras / Coweta / Coweta County Middle School
  • Newnan / Coweta / Coweta County High School

Utilities

  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Marina
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Security

Property Details

Home Type

Other

Est. Annual Taxes

$6,827

Year Built

2006

Lot Details

0

Listing Details

  • Accessibility: Ramps, Stepless Entry
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplace(s): 1, In Great/Family Room, Factory Built, Gas Starter
  • Basement: Bath Finished, Concrete, Daylight, Inside Entrance, Outside Entrance, Finished Rooms, Full, Slab/None
  • Equipment: Burglar Alarm, Smoke/Fire Alarm, Satellite Dish
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Double Oven, Garbage Disposal, Icemaker Line, Built-In Microwave, Wall Oven, Range/Oven
  • Feature Name: Lake Redwine
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Vaulted Ceilings, Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Handicap Access, Hardwood Floors, Pulldown Attic Stairs, Separate Shower, Walk-in Closet
  • Laundry Location: Kitchen Area
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Island, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 5383

Exterior Features

  • Boathouse/Dock: Dock Rights, Seawall, Uncovered - No Slip
  • Construction: Brick 4 Sided, Stone
  • Exterior Features: Balcony, Deck/Patio, Porch, Screen Porch, Sprinkler System, Workshop
  • Roof Type: Composition
  • Waterfront Type: Lake Access, Water View, Waterfront

Garage/Parking

  • Parking: 3 Car Or More, Attached, Auto Garage Door, Garage, Kitchen Level Entry, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central, Zoned/Dual
  • Heating Fuel: Gas
  • Heating: Central, Zoned/Dual
  • Energy Features: Programmable Thermostat, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 695
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Management Fee

Association/Amenities

  • Amenities: Clubhouse, Lake, Marina, Neighborhood Association, Park, Pool, Security, Sidewalks, Street Lights, Underground Utilities

Schools

  • Elementary School: Brooks / Coweta / Coweta County, GA
  • Elementary Bus Line: Yes
  • High School: Newnan / Coweta / Coweta County, GA
  • High School Bus: Yes
  • Middle School: Madras / Coweta / Coweta County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Description: Cul De Sac, Level Lot, Private Backyard
  • Lot Size: 1-2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Patterson Jerry
Bought by
Cassels William D and Cassels Liv Tr
Total Days on Market
131
Current Estimated Value
$1,126,335

Purchase Details

Closed on
Jun 27, 2016
Sold by
Grant William Charles
Bought by
Patterson Jerry and Patterson Reba M

Purchase Details

Listed on
Jun 7, 2013
Closed on
Nov 25, 2013
Sold by
Lawrence George C
Bought by
Grant William Charles
Seller's Agent
Bryan Foerster
BHHS Georgia Properties
Buyer's Agent
Mike Toneff
Michael Carr and Associates
List Price
$739,900
Sold Price
$600,000
Premium/Discount to List
-$139,900
-18.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$480,000
Interest Rate
4.16%

Purchase Details

Closed on
Jul 24, 2007
Sold by
Strattan Thomas W and Strattan Joyce E
Bought by
Lawrence Sara F and Lawrence George C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.63%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Trademark Builders Inc
Bought by
Strattan Thomas W and Strattan Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.23%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Happy Valley Development Corp
Bought by
Trademark Builders Inc

Purchase Details

Closed on
Nov 30, 1986
Bought by
Happy Valley Development Corp
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
Cassels William D $685,000 --
Patterson Jerry $615,000 --
Grant William Charles $600,000 --
Lawrence Sara F $755,000 --
Strattan Thomas W $589,400 --
Trademark Builders Inc $130,000 --
Happy Valley Development Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant William Charles $480,000
Previous Owner Lawrence George C $75,000
Previous Owner Lawrence Sara F $168,000
Previous Owner Strattan Thomas W $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $600,000 -13.7% $111 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
08/29/2013 08/29/13 Price Changed $695,000 -4.8% $129 / Sq Ft
08/15/2013 08/15/13 Price Changed $729,900 -1.4% $136 / Sq Ft
06/07/2013 06/07/13 For Sale $739,900 -- $137 / 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 $6,827 $363,703 $82,800 $280,903
2022 $6,608 $310,602 $82,800 $227,802
2021 $6,305 $281,931 $82,800 $199,131
2020 $7,262 $274,000 $81,969 $192,031
2019 $6,049 $261,006 $44,000 $217,006
2018 $6,057 $260,812 $44,000 $216,812
2017 $5,992 $248,372 $44,000 $204,372
2016 $7,193 $248,372 $44,000 $204,372
2015 $6,727 $236,270 $40,000 $196,270
2014 $5,431 $236,270 $40,000 $196,270
Source: Public Records

Agents Affiliated with this Home

  • Bryan Foerster

    Seller's Agent in 2013

    Bryan Foerster

    BHHS Georgia Properties

    (770) 315-3183

    1 in this area

    86 Total Sales

    Bryan Foerster
    Section Image

  • M

    Buyer's Agent in 2013

    Mike Toneff

    Michael Carr and Associates

See All Agents

Map

Source: Georgia MLS

MLS Number: 07108723

Georgia MLS

APN: 083-5183-117

Georgia Coweta County Newnan 30263 Lake Redwine

20 the Promontory, Newnan, GA

This home is located at 20 the Promontory, Newnan, GA 30263 since 07 June 2013 and is currently estimated at $1,126,335, approximately $209 per square foot. This property was built in 2006. 20 the Promontory is a home located in Coweta County with nearby schools including Brooks Elementary School, Madras Middle School, and Newnan High School.

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.

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