$375,000
SOLD FEB 13, 2025

61 Lake Coweta Trail Newnan, GA 30263

3 Beds
2 Baths
1,847 Sq Ft
2.75 Acres

Recently Sold

$203 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • Lake Front
  • Docks
  • Private Lot
  • Brooks Elementary School Rated A
  • Community Lake
  • Wooded Lot

About This Home

As of February 2025

Welcome home to this rare opportunity to have a piece of the Lake Coweta community! This true log cabin is awaiting its next owner. With porches a plenty and a swing to admire the view from your very own lake house. This home features 3 beds, 2 baths, metal roof, 2.75 acres, a barn with power, fenced portion of the backyard, 3 levels with a 2 car garage and a peaceful setting! In addition to that... your very own lake access. Come see it for yourself and Let's get you home!

Last Agent to Sell the Property

Jake Smith

Keller Williams Realty Atl. Partners License #395895 Listed on: 01/10/2025

Keller Williams Realty Atl. Partners

Last Buyer's Agent

Amy Whist

Atlanta Fine Homes - Sotheby's Int'l License #404779

Atlanta Fine Homes - Sotheby's Int'l

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1985

Lot Details

  • 2.75 Acre Lot
  • Lake Front
  • Chain Link Fence
  • Back Yard Fenced
  • Private Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Cabin
  • Block Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Loft
  • Keeping Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Country Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 2 Car Garage
  • Drive Under Main Level

Outdoor Features

  • Access To Lake
  • Docks
  • Balcony
  • Separate Outdoor Workshop

Schools

  • Brooks Elementary School
  • Madras Middle School
  • Newnan High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include private roads
  • Lake Coweta Subdivision
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,816

Year Built

Built in 1985

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Financing Type: Cash
  • Levels: Three Or More
  • Lot Size Acres: 2.75
  • Other Sturctures: Workshop
  • Property Sub-Type: Single Family Residence
  • Structure Type: Cabin
  • Total Finished Area2: 1847
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: Concrete, Exterior Entry, Full, Interior Entry, Unfinished
  • Total Finished Sq Ft: 1847
  • Unfinished Below Grade Sq Ft: 1189
  • Above Grade Finished Sq Ft: 1847
  • Interior Amenities: High Ceilings
  • Feature Name: Lake Coweta
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Gas Log, Masonry
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Country Kitchen, Pantry
  • Price Per Square Foot: 203.031

Beds/Baths

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

Exterior Features

  • Construction Materials: Log
  • ExteriorFeatures: Balcony, Dock
  • Fencing: Back Yard, Chain Link, Fenced
  • Foundation Details: Block
  • Lot Features: Private, Sloped
  • Property Condition: Resale
  • Roof: Metal
  • View: Lake
  • Waterfront Features: Lake, Lake Access

Garage/Parking

  • Parking Features: Basement, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: In Basement
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Annual Association Fee: 1185
  • Association: Yes
  • Community Features: Lake

Fee Information

  • Association Fee Includes: Other, Private Roads

Schools

  • Elementary School: Brooks
  • High School: Newnan
  • Middle School: Madras
  • Elementary School: Brooks
  • Middle School: Madras
  • High School: Newnan

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2815.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 12, 2025
Sold by
Knight Joel Bradley
Bought by
Castille Kelli
Seller's Agent
Jake Smith
Keller Williams Realty Atl. Partners
Buyer's Agent
Amy Whist
Atlanta Fine Homes - Sotheby's Int'l
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
60
Current Estimated Value
$381,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,929
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Aug 17, 2015
Closed on
Sep 30, 2015
Sold by
Strother William H
Bought by
Knight Joel
Seller's Agent
Aja Nashun
NOT A VALID MEMBER
Buyer's Agent
Aja Nashun
NOT A VALID MEMBER
List Price
$249,500
Sold Price
$244,000
Premium/Discount to List
-$5,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$239,580
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2004
Sold by
Allison James H and Allison Terry D
Bought by
Strother William H and Strother Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,806
Interest Rate
6.25%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 1985
Bought by
Allison James H and Allison Te
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
Limited Warranty Deed $375,000 --
Administrators Deed -- --
Warranty Deed $244,000 --
Deed $205,000 --
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 New Conventional
Previous Owner $239,580 FHA
Previous Owner $186,806 VA
Previous Owner $146,500 Stand Alone Second
Previous Owner $156,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $128,500 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $375,000 -6.2% $203 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $399,900 +63.9% $217 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
09/30/2015 09/30/15 Sold $244,000 -2.2% $137 / Sq Ft
08/20/2015 08/20/15 For Sale $249,500 -- $140 / 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 $2,735 $121,288 $19,059 $102,229
2022 $2,768 $117,067 $18,151 $98,916
2021 $2,370 $94,708 $18,151 $76,557
2020 $2,385 $94,708 $18,151 $76,557
2019 $2,407 $87,052 $22,997 $64,055
2018 $2,412 $87,052 $22,997 $64,055
2017 $2,411 $87,052 $22,996 $64,056
2016 $2,385 $87,052 $22,997 $64,055
2015 $1,889 $70,957 $22,997 $47,960
2014 $1,876 $70,957 $22,997 $47,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10438221

Georgia MLS

APN: 083A-016