Sold
$142,000
3 beds · 1,688 sqft
53 Newnan Lakes Drive, Newnan, GA 30263
Great deal
Priced about $191,709 (57%) below comparable homes. Estimated market value $333,709, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Beautiful, Well Kept Townhome in Highly Sought After Madison Park! This Quiet Community Offers A Clubhouse, Playground and Swimming Pool. Conveniently Located Only Minutes From Dining, Events & Shopping at Ashley Park. This 3 Bedroom/2.5 Bath Home Features Gleaming Hardwood Floors, Fireplace, Spacious Rooms, Vaulted Ceilings, Rear Garage Parking & Much More.
PoolBasementGarage
Listing remarks courtesy of SOLID SOURCE REALTY INC. · Sold by NON FMLS MEMBER.
· FMLS #5578559$971/mo est.
with $14,200 down · $142,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
1,688
Sqft
2005
Built
1-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,200/morange $2,050 – $2,35018.6% gross yield
Based on 12 similar rentals within 5 mi (2 recently leased).
3 bd · 3 ba · 1,897 sqft · 0.5 mi away$2,500/mo3 bd · 3 ba · 1,776 sqft · 0.7 mi away$2,100/mo3 bd · 3 ba · 2,222 sqft · 0.5 mi away · leased$2,600/mo2 bd · 3 ba · 1,332 sqft · 1.3 mi away$2,022/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,087/mo
Principal & interest$829
Property taxes$142
Home insurance$41
HOA$75
Down payment$14,200 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Newnan CrossingElementary
ArnallMiddle
East CowetaHigh
Location
14 for sale 3 pending 12 sold
Listed by
SOLID SOURCE REALTY INC. · Sold by NON FMLS MEMBER
Source: FMLS · #5578559
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
