NOT LISTED FOR SALE

55 The Promenade Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $330,000 - $410,000

4 Beds
3 Baths
1,810 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $419,900 $232 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,386/month

1 Day on Market

Highlights

  • Craftsman Architecture
  • Community Lake
  • Vaulted Ceiling
  • Lee Middle School Rated A-
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Don't miss this opportunity to live in SummerGrove, one of Newnan's most desirable neighborhoods - just in time to enjoy the awesome amenities! SummerGrove has pools, clubhouses, golf, tennis, pickleball, numerous holiday and seasonal neighborhood events, food trucks and more!! This split bedroom, ranch style home has the owner's suite on the main floor, a spacious bath with jetted tub, separate shower, double vanity with updated cabinets, granite countertops and a spacious walk-in closet. In addition, there are 2 bedrooms that share a hall bath with updated cabinet and granite countertops. The kitchen is efficient, bright with a breakfast area open to the breezeway and a bar open to the family room. There is under cabinet lighting, a gas range, micro-vent hood vented outside, and dishwasher. The covered front porch entry, with space for a sitting area, leads to the foyer, roomy separate dining room adjacent, and family room. Enjoy the corner fireplace with gas logs. The detached, 2 car, rear entry garage has finished space above. Completed during original construction, there is a bedroom, with closet and full bath. Room is great as movie room, office, workout space, or even a guest suite!! This house has new flooring, refreshed painting and thorough cleaning and is move-in ready!! SummerGrove is conveniently located to shopping as well as Atlanta International Airport.

Last Agent to Sell the Property

Elaine White

BHHS Georgia Properties License #208274 Listed on: 04/01/2024

BHHS Georgia Properties

Co-Listed By

Gail McFarling

BHHS Georgia Properties License #180878

Last Buyer's Agent

Dexter Putnam

Dwelli License #367915

Dwelli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • 1.5-Story Property
  • Composition Roof
  • Vinyl Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,810 Sq Ft Home
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Family Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Hall

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 35

Community Details

Overview

  • $397 Initiation Fee
  • Association fees include insurance, facilities fee, ground maintenance, management fee, private roads, swimming, tennis
  • Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • District: 5
  • Year Built: 2001
  • ArchitecturalStyle: Craftsman, Ranch
  • Co List Office: BHHS37
  • Financing Type: Conventional 95%
  • Levels: One and One Half
  • Lot Size Acres: .18
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1810
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Oven/Range (Combo)
  • Bedrooms: 4
  • Basement: None
  • Total Finished Sq Ft: 1810
  • Above Grade Finished Sq Ft: 1810
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Double Vanity, Two Story Foyer, Soaking Tub, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Whirlpool Bath, Master On Main Level, Split Bedroom Plan
  • Full Bathrooms: 3
  • Flooring: Tile, Laminate
  • Price Per Square Foot: 231.988

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Bedroom Main Level: 3

Exterior Features

  • Construction Materials: Synthetic Stucco, Vinyl Siding
  • Lot Features: None
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Detached, Garage, Kitchen Level, Side/Rear Entrance

Utilities

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

Condo/Co-op/Association

  • Annual Association Fee: 847
  • Association: Yes
  • Community Features: Clubhouse, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

Fee Information

  • Initiation Fee: 397
  • Association Fee Includes: Insurance, Facilities Fee, Maintenance Grounds, Management Fee, Private Roads, 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

  • Land Lot: 18
  • Lot: 35
  • Plat Book: 69
  • Plat Page: 223

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3138.56

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 30, 2024
Sold by
Mcfarling Gail
Bought by
Spencer Bruce Alan and Spencer Joanne
Seller's Agent
Elaine White
BHHS Georgia Properties
Buyer's Agent
Dexter Putnam
Dwelli
List Price
$419,900
Sold Price
$419,900
Views
24
Current Estimated Value
$385,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,253
Avg. Annual Appreciation
-0.12%
Original Mortgage
$398,905
Outstanding Balance
$395,688
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$23,545

Purchase Details

Closed on
Jan 20, 2022
Sold by
G Mcfarling Properties Inc
Bought by
Mcfarling Gail

Purchase Details

Closed on
Dec 10, 2010
Sold by
Chadwick Homes Realty Llc
Bought by
G Mcfarling Properties Inc

Purchase Details

Closed on
Mar 25, 2007
Sold by
Mcfarling Gail
Bought by
Chadwick Homes Realey Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,168
Interest Rate
6.1%
Mortgage Type
Trade

Purchase Details

Closed on
Mar 22, 2002
Sold by
Hankins Gail M
Bought by
Hankins Gail M

Purchase Details

Closed on
Jun 11, 2001
Sold by
Chadwick Homes Inc
Bought by
Hankins Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,997
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Sold by
Peachtree City Holdi
Bought by
Chadwick Homes Inc

Purchase Details

Closed on
Jun 12, 1997
Bought by
Peachtree City Holdi

Purchase Details

Closed on
Jun 30, 1984
Bought by
Jefferson Ventures I
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
Spencer Bruce Alan $419,900 --
Mcfarling Gail -- --
G Mcfarling Properties Inc $28,600 --
G Mc Farling Properties Inc $150,000 --
Chadwick Homes Realey Llc $61,400 --
Chadwick Homes Realty Llc $215,000 --
Hankins Gail M -- --
Hankins Gail M $170,700 --
Chadwick Homes Inc $240,000 --
Peachtree City Holdi $2,828,900 --
Jefferson Ventures I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Bruce Alan $398,905
Previous Owner Chadwick Homes Realty Llc $59,168
Previous Owner Mcfarling Gail $25,000
Previous Owner Mcfarling Gail $164,000
Previous Owner Hankins Gail M $167,997
Previous Owner Chadwick Homes Inc $267,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $419,900 0.0% $232 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $419,900 0.0% $232 / Sq Ft
10/19/2012 10/19/12 For Rent $1,400 0.0% --
10/19/2012 10/19/12 Rented $1,400 -- --
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 $3,335 $145,946 $32,000 $113,946
2023 $3,335 $144,550 $26,000 $118,550
2022 $2,773 $113,981 $26,000 $87,981
2021 $2,376 $88,396 $22,000 $66,396
2020 $2,429 $88,396 $22,000 $66,396
2019 $2,389 $79,518 $18,000 $61,518
2018 $2,403 $79,518 $18,000 $61,518
2017 $2,336 $77,625 $18,000 $59,625
2016 $2,337 $77,625 $18,000 $59,625
2015 $1,842 $61,062 $18,000 $43,062
2014 $1,863 $61,062 $18,000 $43,062
Source: Public Records

Agents Affiliated with this Home

  • Elaine White

    Seller's Agent in 2024

    Elaine White

    BHHS Georgia Properties

    (770) 616-4483

    1 in this area

    110 Total Sales

    Elaine White
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Gail McFarling

    BHHS Georgia Properties

    (678) 300-4776

    1 in this area

    101 Total Sales

    Gail McFarling
    Section Image
  • Dexter Putnam

    Buyer's Agent in 2024

    Dexter Putnam

    Dwelli

    (678) 542-7848

    4 in this area

    176 Total Sales

    Dexter Putnam
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20177438

Georgia MLS

APN: SG4-085

Georgia Coweta County Newnan 30265 Summergrove

55 The Promenade, Newnan, GA

This home is located at 55 The Promenade, Newnan, GA 30265 since 01 April 2024 and is currently estimated at $385,647, approximately $213 per square foot. This property was built in 2001. 55 The Promenade 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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