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Coweta 30265 Widewater
62 General Lee Drive
$286,000
● House - Off Market

62 General Lee Drive

Newnan, GA 30265
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,312 Ft²
$309,280
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Move in ready! Stepless ranch with 3 bedrooms and 2 full bathrooms. Some updates have already been done but still await some finishing touches. Home sits on nearly a full acre lot with a level yard, large outside storage shed in great shape.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$226
Property Type
House
Property Taxes
$157
HOA Dues
$8
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (GAMLS #10117882)

Price History

Date / Event Date Event Price
Feb 14, 2023 Sold
Premium
Sold
Dec 22, 2022 Listed by Mark Spain Real Estate $296,000
Listed by Mark Spain Real Estate
Dec 2, 2022 Sold
Premium
Sold
Oct 26, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1993
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 567
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,950,158
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PH I WIDEWATER S/D
  • Land Acres: 0000113640
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: H/LT 139 PH I WIDEWATER S/D

Neighborhood

  • School District Name: Coweta County School District
  • School Tax School District: COUNTY
  • Census Tract: 170310

Zoning

  • Zoning: R1

Geography

  • Account Number: 16401
  • District: 6
  • Subdivision Phase Number: 1
  • Parcel: 109 6007 040
  • Lot: 007
  • Municipality: COUNTY UNINCORPORAT
  • Latitude: 33.4149
  • Longitude: -84.7084

    Address

  • Full Address: 62 General Lee Dr
  • Address - House Number: 62
  • Address - Street Name: General Lee
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Newnan
  • Carrier Code: R010
  • 4-Digit Zip Code: 1393
  • Zip Code: 30265

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,494
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 295,402
  • High Value: 345,154
  • Low Value: 245,649

    Market Valuation

  • Market Total Value: $224,750
  • Market Land Value: $45,000
  • Market Improvement Value: $179,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,900
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $71,900

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-000539
  • Previous Sale Recording Date: Dec 02, 2022
  • Previous Sale Contract Date: Dec 01, 2022
  • Previous Sale Amount: $250,600
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Widewater

Stats & Trends

Median Asking:

$342,400

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1343 ft²

Average Home Age

31 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11 Logwood Lane, Newnan, GA, 30265

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,664 ft²
11 Logwood Lane, Newnan, GA, 30265
Unit for rent at 2664 Highway 34 E, Newnan, GA, 30265

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,320 ft²
2664 Highway 34 E, Newnan, GA, 30265

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Mark Spain, Mark Spain Real Estate
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10117882
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 62 General Lee Drive built and last sold?
The property at 62 General Lee Drive was built in 1992 and last sold on Feb 10, 2023 for $286,000.
How much is this home worth?
The estimated value of the home located at 62 General Lee Drive is $300,173.
What are some comparable homes to 62 General Lee Drive?
There are currently no comparable homes to 62 General Lee Drive.
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