NOT LISTED FOR SALE

58 Lake Cove Approach Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $461,930 - $487,000

4 Beds
2.5 Baths
2,525 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $449,900 $178 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,896/month

3 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Lake View
  • Lee Middle School Rated A-
  • Fitness Center
  • Community Lake

About This Home

As of August 2024

Live your best life in Eastlake at Summergrove in this 4 bedroom 2.5 bath gem complete with premium location to all of the neighborhood's best amenities! Main floor LVP, HVAC system, roof, outdoor building and refinished cabinets all completed less than 5 years ago. The open kitchen features custom tile backsplash and professionally refinished cabinets with shiplap island. Flowing directly to the living room and separate bar room is a full wet bar setup wired for surround sound and multiple built-in shelving systems, perfect for entertaining. Additional office, dining room with judges paneling and half bath completes the first floor of this plan. Upstairs you'll find the spacious owner's suite with trey ceilings, separate shower with dual heads and whirlpool tub. Spacious bedrooms, bonus room and closets complete this amazing second floor. Step out back for a private oasis with irrigated lawn, privacy fence, gardening areas, covered patio and custom-built outbuilding for additional storage. All of Summergrove's best amenities are a 2 minute walk away from the front door: lazy river & pool, dock and kayak launch for the 100 acre private lake, newly installed playground system, walking trails and outdoor pavilion. Come see why everyone wants to call this one home!

Last Agent to Sell the Property

Jesse Tanner

Keller Williams Realty Atl. Partners License #386561 Listed on: 06/28/2024

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Charley Sorrow

Atlanta Fine Homes - Sotheby's Int'l License #367469

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 2003

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Garden

HOA Fees

  • $66 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • High Ceiling
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Outdoor Features

  • Patio
  • Shed
  • Outbuilding
  • Porch

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
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $348 Initiation Fee
  • Association fees include insurance, ground maintenance, management fee, swimming, tennis
  • Eastlake At Summergrove Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Swim Team
  • Tennis Club
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,586

Year Built

Built in 2003

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .30
  • Other Sturctures: Outbuilding, Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2525
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range (Combo)
  • Bedrooms: 4
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2525
  • Above Grade Finished Sq Ft: 2525
  • Interior Amenities: Double Vanity, High Ceilings, Pulldown Attic Stairs, Separate Shower, Soaking Tub, Tile Bath, Tray Ceiling(s), Two Story Foyer, Walk-In Closet(s), Wet Bar, Whirlpool Bath
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Tile, Vinyl
  • Kitchen Features: Breakfast Area, Kitchen Island, Pantry, Solid Surface Counters
  • Price Per Square Foot: 178.178

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Concrete, Stucco
  • ExteriorFeatures: Garden
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Forced Air, Natural Gas
  • Laundry Features: In Mud Room
  • Security Features: Security System
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet, Natural Gas Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 795
  • Association: Yes
  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Park, Playground, Pool, Shared Dock, Sidewalks, Street Lights, Swim Team, Tennis Court(s), Tennis Team

Fee Information

  • Initiation Fee: 348
  • Association Fee Includes: Insurance, Maintenance Grounds, Management Fee, 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

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3585.94

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 2, 2024
Sold by
Bedrosian Sarah K
Bought by
Lyman Donald A
Seller's Agent
Jesse Tanner
Keller Williams Realty Atl. Partners
Buyer's Agent
Charley Sorrow
Atlanta Fine Homes - Sotheby's Int'l
List Price
$449,900
Sold Price
$449,900
Views
165
Current Estimated Value
$469,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,833
Avg. Annual Appreciation
2.13%
Original Mortgage
$359,900
Outstanding Balance
$356,526
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$104,217

Purchase Details

Listed on
Sep 17, 2021
Closed on
Oct 20, 2021
Sold by
Bedrosian Sarah K
Bought by
Bedrosian Sarah K and Mccondichie Alison Barbara
Seller's Agent
Jesse Tanner
Keller Williams Realty Atl. Partners
Buyer's Agent
Jesse Tanner
Keller Williams Realty Atl. Partners
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$322,150
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2014
Sold by
Mccondichie Steven H
Bought by
Mccondichie Stephanie and Tanner Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2012
Closed on
Aug 17, 2012
Sold by
Gmac Mtg Llc
Bought by
Mccondichie Steven H
Seller's Agent
Bobby Spradlin
Pathfinder Realty
Buyer's Agent
Jeannie Doole
Jeannie Doole & Associates Real Est.
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Bibi Tarek
Bought by
Gmac Mtg Llc

Purchase Details

Closed on
Dec 29, 2003
Sold by
Prestigious Homes Inc
Bought by
Bibi Tarek

Purchase Details

Closed on
Jul 23, 2003
Sold by
Peachtree City Holdings
Bought by
Prestigious Homes Inc

Purchase Details

Closed on
Jan 25, 2000
Bought by
Peachtree Ciyt 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
Lyman Donald A $449,900 --
Bedrosian Sarah K -- --
Bedrosian Sarah K -- --
Mccondichie Stephanie $180,000 --
Mccondichie Steven H $160,000 --
Gmac Mtg Llc -- --
Bibi Tarek $231,800 --
Prestigious Homes Inc $84,000 --
Peachtree Ciyt Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyman Donald A $359,900
Previous Owner Bedrosian Sarah K $322,150
Previous Owner Tanner Stephanie Mccondichie $225,000
Previous Owner Tanner Jesse W $60,000
Previous Owner Mccondichie Stephanie $155,000
Previous Owner Mccondichie Steven H $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $449,900 0.0% $178 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $449,900 +18.7% $178 / Sq Ft
10/20/2021 10/20/21 Sold $379,000 0.0% $150 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $379,000 +136.9% $150 / Sq Ft
08/17/2012 08/17/12 Sold $160,000 0.0% $63 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/14/2012 07/14/12 For Sale $160,000 -- $63 / 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
2024 $4,203 $183,933 $26,000 $157,933
2023 $4,203 $156,934 $26,000 $130,934
2022 $3,649 $149,985 $26,000 $123,985
2021 $3,153 $120,900 $22,000 $98,900
2020 $3,223 $120,900 $22,000 $98,900
2019 $2,933 $101,375 $14,000 $87,375
2018 $2,950 $101,375 $14,000 $87,375
2017 $2,685 $93,014 $14,000 $79,014
2016 $2,606 $90,266 $14,000 $76,266
2015 $2,341 $81,334 $14,000 $67,334
2014 $2,135 $81,334 $14,000 $67,334
Source: Public Records

Agents Affiliated with this Home

  • Jesse Tanner

    Seller's Agent in 2024

    Jesse Tanner

    Keller Williams Realty Atl. Partners

    (478) 414-6772

    7 in this area

    54 Total Sales

    Jesse Tanner
    Section Image
  • Charley Sorrow

    Buyer's Agent in 2024

    Charley Sorrow

    Atlanta Fine Homes - Sotheby's Int'l

    (770) 262-7857

    2 in this area

    76 Total Sales

    Charley Sorrow
    Section Image
  • Bobby Spradlin

    Seller's Agent in 2012

    Bobby Spradlin

    Pathfinder Realty

    (678) 416-0465

    138 Total Sales

    Bobby Spradlin
    Section Image
  • Jeannie Doole

    Buyer's Agent in 2012

    Jeannie Doole

    Jeannie Doole & Associates Real Est.

    (404) 406-6000

    56 in this area

    152 Total Sales

    Jeannie Doole
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10328404

Georgia MLS

APN: SG7-255

Georgia Coweta County Newnan 30265 Summergrove

58 Lake Cove Approach, Newnan, GA

This home is located at 58 Lake Cove Approach, Newnan, GA 30265 since 28 June 2024 and is currently estimated at $469,733, approximately $186 per square foot. This property was built in 2003. 58 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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