NOT LISTED FOR SALE

56 N Lake Dr Newnan, GA 30263

Estimated Value: $417,000 - $554,000

3 Beds
2 Baths
2,042 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $525,000 $257 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,080/month

129 Days on Market

Highlights

  • Community Lake
  • Deck
  • Wood Flooring
  • Brooks Elementary School Rated A
  • Private Lot
  • Main Floor Primary Bedroom

About This Home

As of December 2023

This charming home sits on 7+/- acres of land and features an inviting front porch with a porch swing. As you enter the home, a beautiful foyer opens to a sunken fireside living room with hardwood floors throughout the main level. The dining room boasts a French door that leads to a rear screened porch, while the adjacent eat-in kitchen features double French doors that open up to an open-air rear deck - perfect for grilling and entertaining guests. The primary suite is on the main level, while two additional bedrooms and one bathroom are upstairs. The unfinished basement provides ample storage space or could be finished for use as a theatre or recreation room. Additionally, a garage bay in the basement is perfect for storing a boat or lawn equipment. A mudroom with a laundry area, upper cabinets and storage space prefaces the two-car garage, which features an unfinished bonus room above that could easily be finished for use as a bedroom, playroom or office. Spend time outside on the rear screened porch or the open-air porch with stairs down to a fenced dog run. A charming garden shed on the property could easily be converted into an office. The backyard is incredibly private, surrounded by mature trees, and provides plenty of usable space for play. Conveniently located approximately five minutes from Serenbe and 10 minutes from I-85, this home is near Cochran Mill Park, B. T. Brown Reservoir and is zoned for Coweta County's highly sought-after Northgate High School district. Solitude awaits at 56 N. Lake Drive.

Last Agent to Sell the Property

Jared Sapp

Atlanta Fine Homes - Sotheby's Int'l License #256066 Listed on: 06/27/2023

Atlanta Fine Homes - Sotheby's Int'l

Co-Listed By

Whit Collmus

Atlanta Fine Homes - Sotheby's Int'l License #426142

Last Buyer's Agent

Brandon Swafford

Flat Rock Realty License #371803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $687

Year Built

  • Built in 1988

Lot Details

  • 7.07 Acre Lot
  • Back Yard Fenced
  • Private Lot
  • Level Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,042 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Unfinished Basement

  • Exterior Basement Entry
  • Boat door in Basement

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck

Schools

  • Brooks Elementary School
  • Madras Middle School
  • Northgate High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$687

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • ArchitecturalStyle: Bungalow/Cottage
  • Co List Office: ATFH01
  • Financing Type: Conventional
  • GreenEnergyEfficient: Insulation, Thermostat, Windows
  • Levels: Two
  • Lot Size Acres: 7.07
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2042
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: Boat Door, Exterior Entry, Unfinished
  • Total Finished Sq Ft: 2042
  • Above Grade Finished Sq Ft: 2042
  • Interior Amenities: Master On Main Level, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Fireplace Features: Living Room, Masonry
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Pantry
  • Price Per Square Foot: 257.100

Beds/Baths

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

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Other
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Brooks
  • High School: Northgate
  • High School Bus: No
  • Middle School: Madras
  • Middle School Bus: No
  • Elementary School: Brooks
  • Middle School: Madras
  • High School: Northgate

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 687

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Dec 4, 2023
Sold by
Aldredge O A
Bought by
Aldredge Jimmie Hunnicutt
Seller's Agent
Jared Sapp
Atlanta Fine Homes - Sotheby's Int'l
Buyer's Agent
Brandon Swafford
Flat Rock Realty
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
446
Current Estimated Value
$504,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,291
Avg. Annual Appreciation
-2.12%

Purchase Details

Closed on
Dec 31, 1986
Bought by
Aldredge Aldredge O and Aldredge Jimmi
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
Aldredge Jimmie Hunnicutt -- --
Aldredge Aldredge O $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aldredge O A $100,000
Previous Owner Aldredge O A $80,000
Previous Owner Aldredge O A $200,000
Previous Owner Aldredge O A $100,000
Previous Owner Aldredge O A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $525,000 -4.5% $257 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $549,900 -5.2% $269 / Sq Ft
08/28/2023 08/28/23 Price Changed $579,900 -3.2% $284 / Sq Ft
06/27/2023 06/27/23 For Sale $599,000 -- $293 / 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 $3,789 $158,225 $28,000 $130,225
2022 $687 $89,242 $28,000 $61,242
2021 $609 $76,005 $24,000 $52,005
2020 $609 $76,005 $24,000 $52,005
2019 $1,190 $82,291 $33,134 $49,157
2018 $1,194 $82,291 $33,134 $49,157
2017 $1,566 $82,291 $33,134 $49,157
2016 $1,540 $82,291 $33,134 $49,157
2015 $1,222 $72,460 $33,134 $39,326
2014 $1,202 $72,460 $33,134 $39,326
Source: Public Records

Agents Affiliated with this Home

  • Jared Sapp

    Seller's Agent in 2023

    Jared Sapp

    Atlanta Fine Homes - Sotheby's Int'l

    (404) 668-7233

    277 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2023

    Whit Collmus

    Atlanta Fine Homes - Sotheby's Int'l

    (770) 789-7548

    14 Total Sales

    Section Image
  • Brandon Swafford

    Buyer's Agent in 2023

    Brandon Swafford

    Flat Rock Realty

    (770) 789-2363

    62 Total Sales

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Map

Source: Georgia MLS

MLS Number: 10175091

Georgia MLS

APN: 094-5243-003

Georgia Coweta County Newnan 30263

56 N Lake Dr, Newnan, GA

This home is located at 56 N Lake Dr, Newnan, GA 30263 since 27 June 2023 and is currently estimated at $504,410, approximately $247 per square foot. This property was built in 1988. 56 N Lake Dr is a home located in Coweta County with nearby schools including Brooks Elementary School, Madras Middle School, and Northgate 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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