NOT LISTED FOR SALE

92 Arbor Way Newnan, GA 30265

Summergrove Neighborhood

Estimated Value: $374,804 - $414,000

2 Beds
2 Baths
2,090 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $245,000 $117 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,446/month

18 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Wooded Lot
  • Lee Middle School Rated A-
  • Community Lake
  • Traditional Architecture

About This Home

As of May 2018

Stepless Ranch in resort-like Summergrove. Fresh Int. Paint, New Carpet, New Stove/Microwave! 2-story Foyer, Open Flow between Kitchen, Dining, Living & Sunroom! Beautiful 2-sided Fireplace! Sunroom w/2 walls of windows & one w/French Doors to Covered Patio! Mstr Suite features French Drs to patio, lg Bath w/double vanities, garden tub, generous walk-in closet! Amenities incl. Playgrounds dotting the neighborhood, great Pool & Tennis Facilities, Clubhouse w/Restaurant, Golf Course & a Lake allowing for small fishing boats! Great Loc near shopping, dining, interstate!!!

Last Agent to Sell the Property

Jim McCollum

Atlanta Communities License #241153 Listed on: 03/29/2018

Atlanta Communities

Co-Listed By

Scott McDaniel

Atlanta Communities License #241155

Last Buyer's Agent

Vicki Dell

NOT A VALID MEMBER License #252311

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 2001

Lot Details

  • 8,211 Sq Ft Lot
  • Landscaped
  • Sloped Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,090 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Sided Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Home Office
  • Permanent Attic Stairs
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Laminate Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio
  • Outdoor Gas Grill
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number SG4 324

Community Details

Overview

  • $312 Initiation Fee
  • Cma Communities Association, Phone Number (800) 522-6314
  • The Arbors At Summergrove Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 2001

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2001
  • Levels Stories: One
  • Special Features: None
  • Stories: 1

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Double Sided, Family Room, Gas Log, Gas Starter, Glass Doors
  • Number Of Fireplaces: 1
  • Other Equipment: Irrigation Equipment
  • Appliances: Disposal, Double Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer 2 Story, High Speed Internet, Permanent Attic Stairs, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters, Pantry, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story, Office
  • Square Footage: 2090.00

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Shingle
  • Patio And Porch Features: Front Porch, Patio
  • Exterior Features: Gas Grill

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Swim/Tennis
  • Community Features: Fishing, Golf Course, Homeowners Assoc, Lake, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-683-0014
  • Management Company Email: office@summergrove.net
  • Management Phone: 800-522-6314
  • Subdivision Complex: The Arbors At Summergrove

Association/Amenities

  • Management Company: CMA Communities

Lot Info

  • Acres: 0.1885
  • Lot: 27
  • Plat Book: 72
  • Plat Page: 183
  • Lot Features: Landscaped, Sloped, Wooded
  • Parcel Number: SG4 324
  • Property Attached Yn: No

Green Features

  • Efficiency: Doors, Thermostat

Rental Info

  • Initiation Fee: 312

Tax Info

  • Taxes: 936.00
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 24, 2018
Sold by
Martinell Joan C
Bought by
Reichman Beverley Lynn
Seller's Agent
Jim McCollum
Atlanta Communities
Buyer's Agent
Vicki Dell
NOT A VALID MEMBER
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$396,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,201
Avg. Annual Appreciation
6.55%
Original Mortgage
$170,000
Outstanding Balance
$146,400
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$249,801

Purchase Details

Closed on
Dec 13, 2001
Sold by
Bob Adams Homes Inc
Bought by
Martinell Joan C

Purchase Details

Closed on
Nov 17, 1999
Bought by
Bob Adams Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reichman Beverley Lynn $245,000 --
Martinell Joan C $206,400 --
Bob Adams Homes Inc $658,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichman Beverley Lynn $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $245,000 -2.0% $117 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $249,900 -- $120 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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
2025 $3,291 $141,358 $28,000 $113,358
2024 $3,114 $139,664 $24,000 $115,664
2023 $3,114 $124,969 $24,000 $100,969
2022 $2,849 $120,587 $24,000 $96,587
2021 $2,421 $93,638 $20,000 $73,638
2020 $2,473 $93,638 $20,000 $73,638
2019 $2,719 $94,249 $16,000 $78,249
2018 $1,285 $94,249 $16,000 $78,249
2017 $936 $83,070 $16,000 $67,070
2016 $900 $81,755 $16,000 $65,755
2015 $716 $68,604 $16,000 $52,604
2014 $900 $68,604 $16,000 $52,604
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim McCollum

    Atlanta Communities

    (770) 240-2004

    46 Total Sales

    Jim McCollum
    Section Image
  • Scott McDaniel

    Seller Co-Listing Agent in 2018

    Scott McDaniel

    Atlanta Communities

    (770) 265-1917

    55 Total Sales

    Scott McDaniel
    Section Image
  • Vicki Dell

    Buyer's Agent in 2018

    Vicki Dell

    NOT A VALID MEMBER

    (770) 254-8333

    10 in this area

    176 Total Sales

    Vicki Dell
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5986673

First Multiple Listing Service (FMLS)

APN: SG4-324

Georgia Coweta County Newnan 30265 Summergrove

92 Arbor Way, Newnan, GA

Not Listed for Sale

Detached

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