NOT LISTED FOR SALE

48 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $478,102 - $536,000

5 Beds
4 Baths
3,249 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $435,000 $134 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,258/month

About This Home

As of December 2021

This beautiful corner lot upgraded 5 bedroom 3-1/2 bath home with LVP on main floor, stairs and upstairs hallway. Craftsman style solid core interior doors throughout and shiplap. Kitchen features new antique white soft-close cabinets w/granite counters, stainless steel appliances including double oven, walk-in pantry, bar top and breakfast area. Family room has large 2-sided brick fireplace. Two sets of glass doors open into a sunroom/keeping room. The patio door leads to the fully landscaped yard that has a wrought iron fence, brick pavers and a fire pit where you can sit & enjoy a view of the lake. Main floor office and Separate DR also on main. Back staircase leads to Master Suite with includes upgrades of custom cabinets, leathered granite, tile shower, and closet system. Upstairs includes 4 additional spacious bedrooms and two bathrooms including tile to complete the upstairs. This home has apply storage with a fully floored attic and the side entry garage includes extra garage storage room, additional garage space, and handy man door. With easy access to the amenities you take advantages of all Summergrove offers.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 25, 2022
Sold by
Barber Jerry Lee
Bought by
Barber John and Barber Laura
Seller's Agent
Jacqui Robertson
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$429,900
Sold Price
$435,000
Premium/Discount to List
$5,100
1.19%
Current Estimated Value
$516,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,313
Avg. Annual Appreciation
5.30%
Original Mortgage
$413,250
Outstanding Balance
$384,462
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$139,492

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 30, 2021
Sold by
Mitchell Paul
Bought by
Barber Laura and Barber Jerry Lee
Seller's Agent
Jacqui Robertson
BHHS Georgia Properties
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$429,900
Sold Price
$435,000
Premium/Discount to List
$5,100
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$384,462
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$139,492

Purchase Details

Closed on
Mar 13, 2003
Sold by
Peachtree City Holdings
Bought by
Prestigious Homes Inc

Purchase Details

Closed on
Jan 25, 2000
Bought by
Peachtree City Holdings
Source: Public Records

Range of Values:

Collateral Analytics

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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
Barber John -- --
Barber Laura $435,000 --
Prestigious Homes Inc $84,000 --
Peachtree City Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Laura $413,250
Previous Owner Mitchell Paul $310,337
Previous Owner Mitchell Paul $277,248
Previous Owner Mitchell Paul $287,240
Previous Owner Mitchell Paul B $44,400
Previous Owner Mitchell Paul B $187,100
Previous Owner Mitchell Paul M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $435,000 +1.2% $134 / Sq Ft
11/30/2021 11/30/21 For Sale $429,900 -- $132 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --

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 $4,253 $159,797 $26,000 $133,797
2022 $3,739 $153,688 $26,000 $127,688
2021 $3,234 $123,892 $22,000 $101,892
2020 $3,305 $123,892 $22,000 $101,892
2019 $3,076 $106,124 $14,000 $92,124
2018 $3,094 $106,124 $14,000 $92,124
2017 $2,879 $99,438 $14,000 $85,438
2016 $2,793 $96,466 $14,000 $82,466
2015 $2,506 $86,808 $14,000 $72,808
2014 $2,136 $86,808 $14,000 $72,808
Source: Public Records

Agents Affiliated with this Home

  • Jacqui Robertson

    Seller's Agent in 2021

    Jacqui Robertson

    BHHS Georgia Properties

    (678) 788-5111

    7 in this area

    131 Total Sales

    Section Image
  • Glenda Broker

    Buyer's Agent in 2021

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

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Map

Georgia Coweta County Newnan 30265 Summergrove

48 Lake Cove Approach, Newnan, GA

This home is located at 48 Lake Cove Approach, Newnan, GA 30265 and is currently estimated at $514,526, approximately $158 per square foot. 48 Lake Cove Approach is a home located in Coweta County with nearby schools including Welch Elementary School, Lee Middle School, and East Coweta 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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