tomo logo

$449,900

Beds
4
Baths
2.5
sq ft
2,525

58 Lake Cove Approach, Newnan, GA 30265

58 Lake Cove Approach

Newnan, GA 30265

  • 3 days on market
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!

Details

Property type

Single Family Residence

Est. home value

$452,848

Lot size

0.30 acres

Price per sq ft

$179

Year built

2003

Annual property taxes

$3,585.94

Monthly HOA fee

$66.25

Price History

06/28/2024
GeorgiaMLS

GeorgiaMLS #10328404

Listed
$449,900
+18.71%
10/20/2021
GeorgiaMLS

GeorgiaMLS #9052998

Sold
$379,000

Schools & Community

Elementary school: 

Welch

Middle school: 

Lee

High school: 

East Coweta

Community features: 

Clubhouse, Fitness Center, Golf, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$110,533
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$303,375
Cash to seller
$110,533

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

October 2021

Original loan amount

$322,150

Est. remaining balance

$303,375

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Sarah K Bedrosian

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?

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Status: Active

Tomo last checked: 07/01/2024 at 11:35 AM

Listing updated: 06/28/2024 at 9:33 AM

Listed by: Jesse Tanner, Keller Williams Realty Atl. Partners

MLS: GeorgiaMLS #10328404

GeorgiaMLS logo

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