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4820 NE 4TH PLACE

House For Sale
$199,000

BTC: 2.53019708

ETH: 78.64058486

-$26K (2026/08/25)
46 days
4 bds
1 ba
1,560 sqft

Overview

Tucked away in the quiet Lake Ridge subdivision near Newnan’s Lake, this 4-bedroom, 1-bath concrete block home has plenty of character and potential. Sitting on a spacious 0.31-acre lot, the backyard backs directly up to Morningside Nature Center, giving you a peaceful, wooded backdrop with no rear neighbors. As soon as you walk inside, you’ll notice the brick-surrounded wood-burning stove that gives the living space a cozy, welcoming feel. The former carport has been converted into a spacious fourth bedroom with its own private entrance, offering plenty of flexibility for a home office, guest space, hobby room, or whatever works best for you. Whether you’re looking for a place to make your own or an opportunity to add to your investment portfolio, this home has lots of potential in a quiet, established neighborhood convenient to Gainesville, Newnan’s Lake, and plenty of outdoor recreation. Seller is willing to provide a roof allowance with an acceptable offer.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1973
Lot:
0.31 Acres
Heating:
Electric
Price/sqft:
$128
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$279,900
$199K – $369K
Confidence Low
List vs. estimate
$80K below estimate
List $199,000 · -28.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$127
-40.4% vs. city median $214
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,278
2025
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: French Doors / Gray Water System / Lighting / Private Yard / Rain Gutters / Storage

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 10864064000

    • Zoning: R-1A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,278

  • Source details

    • MLS ID: GC542284

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Room

    • Direction Faces: South

    • Fireplace: Yes

    • Living Area: 1560

    • Water Source: Public

    • Subdivision Name: LAKE RIDGE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER M.M. PARRISH REALTORS