$725,000
SOLD JUL 30, 2025

53 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood
5 Beds
4 Baths
4,030 Sq Ft
0.3 Acres

Recently Sold

$180 Per Sq Ft

12% Below List Price

88 Days on Market

Highlights

  • Private Waterfront
  • Boat Dock
  • Lake View
  • Lee Middle School Rated A-
  • Access To Lake
  • Craftsman Architecture

About This Home

As of July 2025

Executive Lakeside Living - 5BR/4BA Executive Home with Stunning Views & Upgrades! Nestled on an extraordinarily unique lot, this stunning 5-bedroom, 4-bathroom residence offers the perfect blend of luxury, comfort, and modern convenience. Step inside to find luxury vinyl plank flooring throughout this open living space, leading to a gourmet kitchen with high-end appliances, granite countertops, breakfast bar, custom cabinetry and plenty of lake views and natural light. The spacious master en suite features a large bedroom with fireplace and nook for exercise equipment or reading area. The bathroom boasts a spa-like soaking tub, separate custom tiled shower, dual vanities, walk-in closet with custom shelves and more lake views. Designed for both relaxation and entertainment, this home boasts an expansive upstairs bonus space with a full wet bar, private full bathroom and balcony overlooking the lake-ideal for a game room, home theater, extra bedroom or guest retreat. Enjoy seamless indoor-outdoor living with gas hookups for a covered grill, perfect for hosting while taking in breathtaking lake views. The oversized garage provides ample space for a workshop, extra storage, or recreational vehicles. Located in the beautiful Summergrove Community, you'll have access to walking trails, state-of-the-art playground equipment, pavilions, ample parking, and a swimming pool with a lazy river. Plus, enjoy direct lake access with a kayak ramp for endless water activities! The private lake features plenty of fishing/boating opportunities. This home truly has it all. Schedule your private showing today and experience luxury lakeside living at its finest!

Last Agent to Sell the Property

Jesse Tanner

Keller Williams Realty Atl. Partners License #386561 Listed on: 04/03/2025

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Mia Murdock

Metes & Bounds Realty, LLC License #386278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Private Waterfront
  • Lake Front
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Partially Wooded Lot

HOA Fees

  • $78 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 4,030 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Bonus Room
  • Lake Views
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • 3 Car Garage
  • Parking Storage or Cabinetry
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • No Dock Rights
  • Balcony
  • Deck
  • Patio
  • Veranda
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet

Community Details

Overview

  • $438 Initiation Fee
  • Association fees include facilities fee, management fee, reserve fund, swimming, tennis
  • Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Swim Team
  • Tennis Club
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,430

Year Built

Built in 2004

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • ArchitecturalStyle: Craftsman
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .30
  • Other Sturctures: Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 4030
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: None
  • Total Finished Sq Ft: 4030
  • Above Grade Finished Sq Ft: 4030
  • Interior Amenities: Bookcases, Double Vanity, Master On Main Level, Separate Shower, Soaking Tub, Tile Bath, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
  • Feature Name: Lake Summergrove
  • Full Bathrooms: 4
  • Fireplace Features: Gas Log, Living Room, Master Bedroom
  • Flooring: Carpet, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Window Treatments
  • Price Per Square Foot: 179.900

Beds/Baths

  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 4

Exterior Features

  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony, Sprinkler System, Veranda
  • Foundation Details: Slab
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Lake, Lake Access, No Dock Or Boathouse, No Dock Rights, Private

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Off Street, Storage
  • ParkingTotal: 3

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Laundry Features: In Hall
  • Sewer: Public Sewer
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 932
  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Playground, Pool, Shared Dock, Sidewalks, Street Lights, Swim Team, Tennis Court(s), Tennis Team

Fee Information

  • Initiation Fee: 438
  • Association Fee Includes: Facilities Fee, Management Fee, Reserve Fund, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 12, 2015
Sold by
Woolstenhulme James
Bought by
Phillips Cleatus W and Phillips Jennifer A
Seller's Agent
Jason Veitch
The Key To Closed
Buyer's Agent
Scott Cosby
BHGRE Metro Brokers
List Price
$425,900
Sold Price
$430,000
Premium/Discount to List
$4,100
0.96%
Total Days on Market
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$408,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2012
Closed on
Oct 1, 2012
Sold by
Waddle Jeffrey W
Bought by
Woolstenhulme James
Seller's Agent
Verkina Parrish
BHHS Georgia Properties
Buyer's Agent
Judy Heard
Keller Williams Realty Atl. Partners
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$231,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2011
Sold by
Waddle Jeffrey W
Bought by
Waddle Jeffrey W

Purchase Details

Closed on
Jun 2, 2004
Sold by
Peachtree Ciyt Holdings
Bought by
Weekley Homes L P

Purchase Details

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 --
Warranty Deed $385,000 --
Warranty Deed -- --
Deed $129,600 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 New Conventional
Open $450,526 New Conventional
Closed $414,150 New Conventional
Closed $381,000 New Conventional
Closed $28,200 New Conventional
Closed $408,500 New Conventional
Previous Owner $231,000 New Conventional
Previous Owner $288,500 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $725,000 -8.2% $180 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/02/2025 06/02/25 Price Changed $789,900 -1.3% $196 / Sq Ft
05/01/2025 05/01/25 Price Changed $799,900 -3.0% $198 / Sq Ft
04/03/2025 04/03/25 For Sale $824,900 +91.8% $205 / Sq Ft
06/12/2015 06/12/15 Sold $430,000 +1.0% $107 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $425,900 +10.6% $106 / Sq Ft
10/03/2012 10/03/12 Sold $385,000 0.0% $99 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $385,000 -- $99 / 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 $6,431 $233,391 $34,000 $199,391
2022 $5,398 $225,335 $34,000 $191,335
2021 $4,640 $176,228 $30,000 $146,228
2020 $4,743 $176,228 $30,000 $146,228
2019 $5,416 $180,283 $30,000 $150,283
2018 $5,448 $180,283 $30,000 $150,283
2017 $4,922 $163,585 $30,000 $133,585
2016 $4,791 $159,132 $30,000 $129,132
2015 $4,687 $159,132 $30,000 $129,132
2014 $4,946 $159,132 $30,000 $129,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10492660

Georgia MLS

APN: SG7-222