NOT LISTED FOR SALE

723 Summers McKoy Rd Newnan, GA 30263

Estimated Value: $266,000 - $344,000

4 Beds
3 Baths
2,011 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $260,000 $129 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,876/month

4 Days on Market

Highlights

  • 3 Acre Lot
  • Seasonal View
  • Wooded Lot
  • Western Elementary School Rated A-
  • Private Lot
  • Den

About This Home

As of September 2021

We went under contract in 4 days! Everyone must come look at this very private 3 acre property with a completely renovated home before it is gone! The square footage has been doubled with a completely finished basement and beautiful craftsman style, rough cut, open timber rocking chair porch. Views of 2 ponds now and a third pond in the fall! There are 3 small ponds on adjoining properties. Inside there are new all wood cabinets and vanities throughout. Under cabinet lighting and subway tiled backsplash, add to the beauty of brand new granite counters throughout. New lighting and ceiling fans have been added throughout as well. New architectural shingled roof and gutters will protect the home for years to come. A new HVAC system has just been added, as well as a new water heater. The entire basement has been finished with 2 bedrooms a living room, an office and full bath, as well as ample closets. Ceilings are a smooth finish with and entirely new paint scheme throughout. A new rear deck for grilling has been added to the rear. Both porch and deck have been stained and sealed for long term enjoyment. This home is move in ready with brand new flooring throughout. Beautiful LVP flooring is in all high traffic areas in the home, and the bedrooms have been carpeted for comfort. Come see how quiet the living is in the historic Summers McKoy area of Coweta County!

Last Agent to Sell the Property

David Reese

Real Broker License #405867 Listed on: 08/14/2021

Last Buyer's Agent

Jeff Justice

Jeff Justice & Co. Realtors License #239944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 3 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Den
  • Seasonal Views
  • Fire and Smoke Detector
  • Laundry in Kitchen

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • In-Law or Guest Suite
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Parking

  • 3 Parking Spaces
  • Parking Pad

Schools

  • Western Elementary School
  • Evans Middle School
  • Newnan High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Doors
  • Energy-Efficient Thermostat

Listing and Financial Details

  • Tax Lot 66

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1998 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • District: 4
  • Year Built: 1998
  • Financing Type: Conventional 95%
  • GreenEnergyEfficient: Thermostat
  • Levels: One
  • Lot Size Acres: 3.00
  • Property Sub-Type: Single Family Residence
  • Total Finished Area2: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
  • Bedrooms: 4
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Bath Finished, Daylight, Interior Entry, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 961
  • Total Finished Sq Ft: 1050
  • Unfinished Below Grade Sq Ft: 89
  • Above Grade Finished Sq Ft: 1050
  • Interior Amenities: Soaking Tub, In-Law Floorplan, Master On Main Level
  • Accessibility Features: Accessible Doors
  • Full Bathrooms: 3
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 129.288

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Bedroom Lower Level: 2
  • Bedroom Main Level: 2

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Block
  • Lot Features: Level, Private
  • Property Condition: Updated/Remodeled, Resale
  • Roof: Composition
  • View: Seasonal View

Garage/Parking

  • Parking Features: Parking Pad
  • ParkingTotal: 3

Utilities

  • Cooling: Electric, Ceiling Fan(s), Heat Pump, Zoned, Dual
  • Heating: Electric, Heat Pump
  • Laundry Features: In Kitchen, Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Western
  • High School: Newnan
  • Middle School: Evans
  • Elementary School: Western
  • Middle School: Evans
  • High School: Newnan

Lot Info

  • Land Lot: 66
  • Deed Book: 5147
  • Deed Page: 516
  • Plat Book: 99
  • Plat Page: 67

Tax Info

  • Year: 2021
  • Tax Annual Amount: 742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 28, 2021
Sold by
Davis Temp S
Bought by
Morris Logan and Delgado Kyle
Seller's Agent
David Reese
Real Broker
Buyer's Agent
Jeff Justice
Jeff Justice & Co. Realtors
List Price
$249,700
Sold Price
$260,000
Premium/Discount to List
$10,300
4.12%
Current Estimated Value
$311,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,743
Avg. Annual Appreciation
4.44%
Original Mortgage
$242,500
Outstanding Balance
$223,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$83,218

Purchase Details

Listed on
Jun 5, 2020
Closed on
Sep 28, 2020
Sold by
Morningside Atlanta Properties Llc
Bought by
Davis Temp S
Seller's Agent
SHERRI BROWN
NOT A VALID MEMBER
Buyer's Agent
Jim Mottola
NOT A VALID MEMBER
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.43%

Purchase Details

Closed on
Jun 23, 2011
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Morningside Atlanta Props Llc

Purchase Details

Closed on
Oct 5, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Jun 11, 2001
Sold by
Akers Kathleen Reaga
Bought by
Akers Kathleen Regan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1996
Bought by
Akers Kathleen Reaga

Purchase Details

Closed on
Dec 20, 1989
Bought by
Whisenhunt Gail Long
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 Buyer Sale Price Title Company
Morris Logan $260,000 --
Davis Temp S $70,000 --
Morningside Atlanta Props Llc $33,264 --
Federal Natl Mtg Assn Fnma -- --
Bac Home Loans Servicing Lp $97,505 --
Bac Home Loans Servicing Lp Fka Cou $97,500 --
Akers Kathleen Regan -- --
Akers Kathleen Reaga $13,600 --
Whisenhunt Gail Long -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Logan $242,500
Closed Morris Logan $242,500
Previous Owner Akers Kathleen R $119,000
Previous Owner Akers Kathleen Regan $94,050
Previous Owner Akers Kathleen R $22,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $260,000 +4.1% $129 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $249,700 +256.7% $124 / Sq Ft
09/28/2020 09/28/20 Sold $70,000 -3.4% $67 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/02/2020 07/02/20 Price Changed $72,500 -14.7% $69 / Sq Ft
06/05/2020 06/05/20 For Sale $85,000 -- $81 / 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 $1,954 $95,631 $22,570 $73,060
2022 $1,625 $70,681 $15,047 $55,634
2021 $737 $28,000 $7,668 $20,332
2020 $1,387 $52,327 $14,330 $37,997
2019 $1,097 $37,494 $13,492 $24,001
2018 $1,099 $37,494 $13,492 $24,001
2017 $1,099 $37,494 $13,492 $24,002
2016 $1,086 $37,494 $13,492 $24,001
2015 $1,067 $37,494 $13,492 $24,001
2014 $1,059 $37,494 $13,492 $24,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9033933

Georgia MLS

APN: 024-4066-005