Sold
$350,000
3 beds · 2 baths · 1,502 sqft
51 LAKE COWETA Trail, Newnan, GA 30263
Overpriced
Priced about $53,062 (18%) above comparable homes. Estimated market value $296,938, based on 3 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
4.39 acre, Lake-lot home with lake privileges & dock. Stocked with fish and room to walk/ride bikes. Main home has 3 BEDROOM- Master on Main with spa-like on-suite, travertine, soaker tub/separate shower, dual sinks. Completely updated, open floor plan with eat-in dining, Limestone counters with breakfast bar, stainless appliances, ship-lap, pull-out storage drawers under…
Master on mainPoolBasementNo HOAOpen floor planRenovated
Listing remarks courtesy of Mark Spain Real Estate · Sold by Mark Spain Real Estate.
· FMLS #7049482$2,393/mo est.
with $35,000 down · $350,000 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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Home details
3
Beds
2
Baths
1,502
Sqft
1985
Built
4.4 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,500/morange $2,325 – $2,6758.6% gross yield
Based on 12 similar rentals within 10 mi (2 recently leased).
Home facts
Payment calculator
$2,495/mo
Principal & interest$2,043
Property taxes$350
Home insurance$102
Down payment$35,000 (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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Schools
Brooks - CowetaElementary
MadrasMiddle
NewnanHigh
Location
8 for sale 12 sold
Listed by
Mark Spain Real Estate · Sold by Mark Spain Real Estate
Source: FMLS · #7049482
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