NOT LISTED FOR SALE

38 W Shore Trace Unit 525 Newnan, GA 30263

Lake Redwine Neighborhood

Estimated Value: $566,881 - $678,000

4 Beds
3 Baths
2,724 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $309,900 $114 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,821/month

136 Days on Market

Highlights

  • Marina
  • Community Lake
  • Bonus Room
  • Brooks Elementary School Rated A
  • Clubhouse
  • Great Room

About This Home

As of March 2016

TERRIFIC LIKE-NEW CONSTRUCTION IN BEAUTIFUL LAKE REDWINE**WRAP AROUND FRONT PORCH**FOAM INSULATION**TWO STORY FOYER**HOME OFFICE THRU FRENCH DOORS**UPGRADED TRIM PKG, INCLUDING COFFERED CEILING & WAINSCOTTING IN DINING RM**GREAT RM WITH WOOD BURNING FIREPLACE (NEVER BEEN USED)**KITCHEN OPEN TO GREAT ROOM AND BREAKFAST**WONDERFUL UPGRADED SS APPLIANCES & LGHTNG**BLINDS**GRANITE C'TOPS IN KITCHEN**CUSTOM CABINETRY**CONVENIENT BEDROOM/FULL BATH ON MAIN**TILED BATHS**MASTER SUITE UP WITH OVERSIZED TUB & SEPARATE SHOWER & GLASS DOOR**TWO ADD'L BEDROOMS, BATH & LG BONUS UP**PRIVATE BACKYARD W/BLACK ALUMINUM FENCING**PROFESSIONALLY LANDSCAPED AND IRRIGATED YARD**CUL-DE-SAC LOT JUST STEPS TO THE MARINA**COME ENJOY THE FABULOUS LIFESTYLE & AMENITIES OF LAKE REDWINE!

Last Agent to Sell the Property

Sally McEntire

Keller Williams Realty Atl. Partners License #279489 Listed on: 09/18/2015

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Janice Kay

D.R. Horton Realty of Georgia License #344821

D.R. Horton Realty of Georgia

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $4,533

Year Built

  • 2012

Lot Details

  • 0.74

Home Design

  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 2,724 Sq Ft Home
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Bonus Room

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Underground Utilities
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 525

Community Details

Overview

  • Property has a Home Owners Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Other

Est. Annual Taxes

$4,533

Year Built

2012

Lot Details

0

Listing Details

  • District: 5
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Fireplaces: 1
  • Fireplace(s): 1, In Great/Family Room, Factory Built
  • Main Floor Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement: Slab/None
  • Equipment: Burglar Alarm, Carbon Monoxide Alarm, Smoke/Fire Alarm
  • Kitchen Equipment: Dishwasher, Icemaker Line, Built-In Microwave, Range/Oven
  • Interior Amenities: Cable TV Connections, Trey Ceilings, Ceilings 9 Ft Plus, Double Vanity, 2 Story Foyer, Entrance Foyer, Hardwood Floors, Rear Stairs, Separate Shower, Tile Bath, Tile Floors, Walk-in Closet, Wall-to-wall Carpet, Whirlpool Bath
  • Laundry Location: Upstairs
  • Laundry Type: Room
  • Kitchen / Breakfast: Breakfast Area, Pantry, Solid Surface Counters
  • Above Grade Finished Sq Ft: 2724

Exterior Features

  • Roof: Composition
  • Exterior Features: Deck/Patio, Fenced Yard, Porch, Sprinkler System
  • Construction: Brick/Frame, Concrete Siding

Garage/Parking

  • Parking: 2 Car, Attached, Auto Garage Door, Garage, Kitchen Level Entry, Parking Pad, Side/Rear Entrance

Utilities

  • Cooling Fuel: Electric
  • Cooling: Ceiling Fan, Central
  • Heating Fuel: Gas
  • Heating: Central
  • Energy Features: Double Pane/Thermo, Ceiling Insulation, Gas Water Heater
  • Water/Sewer: Public Water, Septic Tank

Condo/Co-op/Association

  • HOA Fees: 711
  • HOA Fee Frequency: Annual
  • Fees Include: Facilities Fee, Management Fee

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Cul De Sac, Level Lot, Private Backyard, Sloping
  • Lot Size: 1/2 - 1 Acre
  • Land Lot: 184
  • Lot: 525
  • Unit/Lot Number: 525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Mar 18, 2016
Sold by
Schmelzer Robert W
Bought by
Aicard Michael and Aicard Caroline
Seller's Agent
Sally McEntire
Keller Williams Realty Atl. Partners
Buyer's Agent
Janice Kay
D.R. Horton Realty of Georgia
List Price
$334,900
Sold Price
$309,900
Premium/Discount to List
-$25,000
-7.46%
Current Estimated Value
$623,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,476
Avg. Annual Appreciation
7.78%
Original Mortgage
$294,405
Outstanding Balance
$236,808
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$389,119

Purchase Details

Closed on
Jan 27, 2012
Sold by
Zenco Development Inc
Bought by
Schmelzer Robert W and Schmelzer Bethany F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,047
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2011
Sold by
Charterbank
Bought by
Zenco Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Ruttinger Builders Inc
Bought by
Charterbank

Purchase Details

Closed on
Jul 10, 2006
Sold by
Happy Valley Development
Bought by
Ruttinger Builders Inc

Purchase Details

Closed on
Jan 18, 2001
Bought by
Happy Valley Development

Purchase Details

Closed on
Nov 30, 1986
Bought by
Happy Valley Develop
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
Aicard Michael $309,900 --
Schmelzer Robert W $254,500 --
Zenco Development Inc $38,000 --
Charterbank $258,300 --
Ruttinger Builders Inc $358,000 --
Happy Valley Development -- --
Happy Valley Develop -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aicard Michael $294,405
Previous Owner Schmelzer Robert W $245,700
Previous Owner Schmelzer Robert W $248,047
Previous Owner Zenco Development Inc $190,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $309,900 0.0% $114 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/30/2016 01/30/16 Price Changed $309,900 -3.1% $114 / Sq Ft
10/16/2015 10/16/15 Price Changed $319,900 -4.5% $117 / Sq Ft
09/18/2015 09/18/15 For Sale $334,900 -- $123 / 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 $4,533 $196,659 $32,000 $164,659
2022 $3,949 $165,004 $32,000 $133,004
2021 $3,949 $154,677 $32,000 $122,677
2020 $3,974 $154,677 $32,000 $122,677
2019 $3,769 $133,576 $28,000 $105,576
2018 $3,776 $133,576 $28,000 $105,576
2017 $3,493 $128,101 $28,000 $100,101
2016 $3,324 $119,499 $28,000 $91,499
2015 $2,796 $102,830 $24,000 $78,830
2014 $2,657 $98,607 $24,000 $74,607
Source: Public Records

Agents Affiliated with this Home

  • Sally McEntire

    Seller's Agent in 2016

    Sally McEntire

    Keller Williams Realty Atl. Partners

    (678) 378-4186

    8 in this area

    88 Total Sales

    Section Image
  • Janice Kay

    Buyer's Agent in 2016

    Janice Kay

    D.R. Horton Realty of Georgia

    (843) 251-1271

    7 Total Sales

    Section Image
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Map

Source: Georgia MLS

MLS Number: 07524997

Georgia MLS

APN: 071-5184-061

Georgia Coweta County Newnan 30263 Lake Redwine

38 W Shore Trace Unit 525, Newnan, GA

This home is located at 38 W Shore Trace Unit 525, Newnan, GA 30263 since 18 September 2015 and is currently estimated at $617,720, approximately $226 per square foot. This property was built in 2012. 38 W Shore Trace Unit 525 is a home located in Coweta County with nearby schools including Brooks Elementary School, Madras Middle School, and Newnan High School.

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