NOT LISTED FOR SALE

38 Vanderbilt Pointe Ln Newnan, GA 30265

Olmstead Neighborhood

Estimated Value: $563,000 - $712,444

4 Beds
3 Baths
3,161 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $400,000 $127 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,875/month

31 Days on Market

Highlights

  • Lake On Lot
  • Community Lake
  • Community Pool
  • Lee Middle School Rated A-
  • Clubhouse
  • In-Law or Guest Suite

About This Home

As of August 2015

Immaculate custom built lake front home. Walking through the front door, you are greeted by high ceilings and upgraded hardwood floors throughout. Open floor plan with views of the lake from every window. Dream kitchen with plenty of counter space, exotic granite, pot filler and a wine fridge in the cente island. Master suite is equipped with custom lighting with an entrance to the back patio. Huge master bath with tile floors & shower, separate tub, and dual vanities with a quartz as well in-suite laundry.. The In- law/teen suite has a private bath. The back covered patio is plumbed for water and gas and has a fireplace with a beautiful lake view. This home features crown molding and plantation shutters throughout. Storage/workshop is insulated and vented.

Last Listed By

Tim Stout

eXp Realty License #349300 Listed on: 07/02/2015

eXp Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,067

Year Built

  • 2013

Lot Details

  • 0.26

Home Design

  • Slab Foundation

Interior Spaces

  • 3,161 Sq Ft Home
  • Family Room
  • Dining Room

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • In-Law or Guest Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Community Lake
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$4,067

Year Built

2013

Lot Details

0

Listing Details

  • Property Setting: Lake
  • Special Features: NewHome
  • Year Built: 2013

Interior Features

  • Fireplaces: 2
  • Fireplace(s): 2, In Living Room, Outside, Factory Built
  • Main Floor Bedrooms: 4
  • Main Level Full Bathrooms: 3
  • Basement: Slab/None
  • Equipment: Carbon Monoxide Alarm, Smoke/Fire Alarm
  • Kitchen Equipment: Separate Cooktop, Dishwasher, Icemaker Line, Built-In Microwave, Refrigerator
  • Interior Amenities: Ceilings 9 Ft Plus, Double Vanity, Entrance Foyer, Garden Tub, Gas Logs, Hardwood Floors, Recently Renovated, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Bar, Breakfast Room, Island, Pantry, Solid Surface Counters, Walk-in Pantry
  • Above Grade Finished Sq Ft: 3161

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Water Feature, Workshop
  • Construction: Brick 3 Sided, Concrete Siding
  • Waterfront Type: Lake Access, Waterfront

Garage/Parking

  • Parking: 2 Car, Auto Garage Door, Garage, Parking Pad

Utilities

  • Cooling Fuel: Electric
  • Cooling: Central
  • Heating Fuel: Electric
  • Heating: Central
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Clubhouse, Lake, Park, Playground, Pool, Sidewalks

Condo/Co-op/Association

  • Fees Include: Management Fee, Swimming

Schools

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

Lot Info

  • Lot Description: Cul De Sac, Open Land
  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2018
Sold by
Sorkin Justin
Bought by
Wilson John Howlett and Wilson Phyllis Elizabeth
Total Days on Market
31
Current Estimated Value
$634,861

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 28, 2015
Sold by
French Jeffrey L
Bought by
Sorkin Justin
Seller's Agent
Tim Stout
eXp Realty
Buyer's Agent
Kay Fulp
BHGRE Metro Brokers
List Price
$444,900
Sold Price
$400,000
Premium/Discount to List
-$44,900
-10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$300,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 1, 2013
Closed on
Feb 27, 2013
Sold by
Dustin Shaw Homes Inc
Bought by
French Jeffrey L and French Diana D
Seller's Agent
Stephen Walker
BHHS Georgia Properties
Buyer's Agent
Paula Livingston
Dwelli
List Price
$415,065
Sold Price
$415,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$369,359
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2012
Sold by
Olmsted Llc
Bought by
Dustin Shaw Homes Inc

Purchase Details

Closed on
Dec 6, 2002
Sold by
Roquemore William A
Bought by
Olmsted Llc

Purchase Details

Closed on
Jun 29, 1989
Bought by
Roquemore William A

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
Wilson John Howlett $499,000 --
Sorkin Justin $400,000 --
Sorkin Justin -- --
French Jeffrey L $415,065 --
Dustin Shaw Homes Inc $99,000 --
Olmsted Llc -- --
Roquemore William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sorkin Justin $300,000
Previous Owner French Jeffrey L $369,359
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $400,000 -7.0% $127 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/22/2015 07/22/15 Price Changed $429,999 -3.3% $136 / Sq Ft
07/02/2015 07/02/15 For Sale $444,900 +7.2% $141 / Sq Ft
02/27/2013 02/27/13 Sold $415,065 0.0% $131 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $415,065 -- $131 / 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 $4,067 $220,569 $49,400 $171,169
2022 $3,339 $215,022 $49,400 $165,622
2021 $2,874 $182,576 $49,400 $133,176
2020 $2,963 $182,576 $49,400 $133,176
2019 $3,255 $160,362 $39,900 $120,462
2018 $4,678 $158,558 $39,900 $118,658
2017 $4,658 $158,558 $39,900 $118,658
2016 $4,421 $150,528 $39,900 $110,628
2015 $4,401 $149,636 $39,900 $109,736
2014 $1,321 $149,636 $39,900 $109,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 07482732

Georgia MLS

APN: 111A-166