NOT LISTED FOR SALE

42 Summitt Ridge Dr Unit 452 Newnan, GA 30263

Lake Redwine Neighborhood

Estimated Value: $570,000 - $648,000

4 Beds
3 Baths
2,592 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 42 Summitt Ridge Dr Unit 452, Newnan, GA 30263 and is currently estimated at $602,000, approximately $232 per square foot. 42 Summitt Ridge Dr Unit 452 is a home located in Coweta County with nearby schools including Brooks Elementary School, Madras Middle School, and Newnan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2022
Sold by
Beck Lora
Bought by
James Richard Lee and James Elizabeth Rhodes
Current Estimated Value
$602,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$459,678
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$141,262

Purchase Details

Closed on
Feb 16, 2016
Sold by
Spurlock Richard J
Bought by
Beck Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2014
Sold by
Spurlock Richard G
Bought by
Spurlock Richard G and Spurlock Leah Earwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Happy Valley Development Corp
Bought by
Hilpine Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Happy Valley Development Corp
Bought by
Hilpine Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2001
Bought by
Happy Valley Development Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
James Richard Lee $590,000 --
Beck Lora $305,000 --
Spurlock Richard G -- --
Spurlock Richard G $295,500 --
Hilpine Builders Inc $36,500 --
Hilpine Builders Inc $36,500 --
Happy Valley Development Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Richard Lee $472,000
Previous Owner Beck Lora C $304,000
Previous Owner Beck Lora $299,475
Previous Owner Spurlock Richard G $236,400
Previous Owner Cobb Joseph C $195,000
Previous Owner Hilpine Builders Inc $207,900
Source: Public Records

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 $4,059 $179,293 $32,000 $147,293
2022 $3,344 $140,439 $32,000 $108,439
2021 $3,395 $133,654 $32,000 $101,654
2020 $2,991 $138,346 $32,000 $106,346
2019 $3,199 $114,083 $18,000 $96,083
2018 $3,205 $114,083 $18,000 $96,083
2017 $2,910 $104,057 $18,000 $86,057
2016 $2,877 $104,057 $18,000 $86,057
2015 $2,836 $104,235 $14,000 $90,235
2014 $2,618 $97,232 $14,000 $83,232
Source: Public Records

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