tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,600

120 Lake Cove Approach, Newnan, GA 30265

120 Lake Cove Approach

Newnan, GA 30265

  • 2 days on market
This well-maintained 3-bedroom, 2-bathroom home is situated in a thoughtfully designed subdivision and features a spacious two-car garage. With a functional layout and great curb appeal, this home is move-in ready. Don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$338,815

Lot size

0.23 acres

Price per sq ft

$213

Year built

2002

Annual property taxes

$2,558

HOA fee

$795

Price History

03/28/2025
FMLS

FMLS #7546458

Listed
$340,000

Schools & Community

Elementary school: 

Welch

Middle school: 

Lee

High school: 

East Coweta

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$279,510
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$33,290
Cash to seller
$279,510

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America

Loan start date

February 2008

Original loan amount

$144,000

Est. remaining balance

$33,290

Interest rate

6.11%

Loan type

New Conventional, 20 year

Seller

James E Mcmanus and Carolyn K Mcmanus

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 3:00 PM

Listing updated: 03/29/2025 at 8:16 AM

Listed by: Robert Salmons, Entera Realty, LLC Phone #: (888) 216-6364

MLS: FMLS #7546458

FMLS logo

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