NOT LISTED FOR SALE

48 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $473,329 - $551,000

5 Beds
3.5 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. 18% increase in value since last sale

Current estimated payment $3,122/month

Highlights

  • Golf Course Community
  • Community Lake
  • Traditional Architecture
  • Lee Middle School Rated A-
  • Clubhouse
  • Sun or Florida Room

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.

Last Agent to Sell the Property

Jacqui Robertson

BHHS Georgia Properties License #345224 Listed on: 11/30/2021

BHHS Georgia Properties

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 2003

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $52 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • 3,249 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Keeping Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

  • Welch Elementary School
  • Lee Middle School
  • East Coweta High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 200

Community Details

Overview

  • $312 Initiation Fee
  • Association fees include swimming, tennis
  • Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,305

Year Built

Built in 2003

Lot Details

0

HOA Fees

$52 per month

Listing Details

  • Property Type: Residential
  • District: 1
  • Year Built: 2003
  • ArchitecturalStyle: Brick Front, Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional 95%
  • GreenEnergyEfficient: Insulation, Thermostat
  • Levels: Two
  • Lot Size Acres: .35
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3249
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Double Oven, Disposal, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 3249
  • Above Grade Finished Sq Ft: 3249
  • Interior Amenities: Tray Ceiling(s), Double Vanity, Two Story Foyer, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built, Gas Starter, Gas Log
  • Flooring: Tile, Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters, Walk-in Pantry
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 132.317

Beds/Baths

  • Upper Level Full Bathrooms: 3

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Other
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Kitchen Level, Side/Rear Entrance, Storage
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air, Zoned, Dual
  • Heating: Natural Gas, Central, Zoned, Dual
  • Laundry Features: Laundry Closet, Upper Level
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Sewer Connected, High Speed Internet, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 625
  • Association: Yes
  • Community Features: Clubhouse, Golf, Lake, Playground, Pool, Sidewalks, Street Lights

Fee Information

  • Initiation Fee: 312
  • Association Fee Includes: Swimming, Tennis

Schools

  • Elementary School: Welch
  • High School: East Coweta
  • High School Bus: Yes
  • Middle School: Lee
  • Middle School Bus: Yes
  • Elementary School: Welch
  • Middle School: Lee
  • High School: East Coweta

Lot Info

  • Lot: 200
  • Plat Book: 74
  • Plat Page: 120

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3305

MLS Schools

  • Elementary Bus Line: Yes

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
$514,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,332
Avg. Annual Appreciation
4.59%
Original Mortgage
$413,250
Outstanding Balance
$381,346
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$132,986

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
$381,346
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$132,986

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:

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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
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 -- -- --
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
2024 $4,253 $186,130 $26,000 $160,130
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

    4 in this area

    123 Total Sales

    Jacqui Robertson
    Section Image
  • Glenda Broker

    Buyer's Agent in 2021

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

    Glenda Broker
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20003698

Georgia MLS

APN: SG7-200

Georgia Coweta County Newnan 30265 Summergrove

48 Lake Cove Approach, Newnan, GA

This home is located at 48 Lake Cove Approach, Newnan, GA 30265 since 30 November 2021 and is currently estimated at $514,332, approximately $158 per square foot. This property was built in 2003. 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.

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