122 Lake Terrace McDonough, GA 30253
Estimated payment $1,463/month
Highlights
- Community Lake
- Wood Flooring
- High Ceiling
- Ranch Style House
- 1 Fireplace
- Community Pool
About This Home
PRICE IMPROVEMENT! *MOVE IN READY!!* PROPERTY VACANT AND RECENTLY PAINTED!! . Welcome home to this charming and move-in ready 3-bedroom, 2-bath gem tucked in the heart of McDonough's Lake Terrace community - now offered at an unbeatable $215,000! From the moment you walk in, you'll love the open living space, natural light, and freshly painted interiors that make this home shine. The spacious eat-in kitchen is perfect for weeknight dinners or morning coffee, and the private backyard offers space for relaxation or entertaining under the Georgia skies. The primary suite features ample closet space and an ensuite bath, while two secondary bedrooms offer flexibility for guests, a home office, or playroom. Enjoy the quiet neighborhood, featuring Swimming, Tennis, Clubhouse and a Lake. It is in close proximity to shopping, dining, and quick access to I-75 for commuters. Whether you're a first-time buyer, downsizing, or investing, this home offers the perfect blend of affordability, comfort, and value. Don't miss this opportunity at $215K this won't last long!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,549
Year Built
- Built in 1994
HOA Fees
- $22 Monthly HOA Fees
Parking
- Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,268 Sq Ft Home
- Roommate Plan
- High Ceiling
- 1 Fireplace
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Wood Flooring
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Wesley Lakes Elementary School
- Eagles Landing Middle School
- Eagles Landing High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- High Speed Internet
Listing and Financial Details
- Tax Lot 174
Community Details
Overview
- Association fees include swimming, tennis
- Eagles Lake Subdivision
- Community Lake
Recreation
- Tennis Courts
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,406 | $84,000 | $12,432 | $71,568 |
| 2023 | $3,617 | $92,520 | $12,000 | $80,520 |
| 2022 | $2,851 | $72,560 | $12,000 | $60,560 |
| 2021 | $2,084 | $52,560 | $12,000 | $40,560 |
| 2020 | $1,912 | $48,080 | $8,000 | $40,080 |
| 2019 | $1,761 | $44,120 | $8,000 | $36,120 |
| 2018 | $1,461 | $36,320 | $6,000 | $30,320 |
| 2016 | $1,230 | $30,280 | $6,000 | $24,280 |
| 2015 | $1,166 | $27,760 | $6,000 | $21,760 |
| 2014 | $939 | $21,760 | $6,000 | $15,760 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/04/2025 07/04/25 | For Sale | $215,000 | 0.0% | $170 / Sq Ft |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $215,000 | -8.5% | $170 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $235,000 | +11.9% | $185 / Sq Ft |
| 02/10/2023 02/10/23 | Sold | $210,000 | -5.4% | $166 / Sq Ft |
| 01/26/2023 01/26/23 | Pending | -- | -- | -- |
| 11/30/2022 11/30/22 | For Sale | $221,900 | -- | $175 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | -- | |
| Warranty Deed | -- | -- | |
| Special Warranty Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $127,351 | -- | |
| Deed | $89,100 | -- | |
| Deed | $70,300 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $93,076 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $88,872 | FHA | |
| Previous Owner | $63,200 | No Value Available |
Source: Georgia MLS
MLS Number: 10485537
APN: 092B-01-033-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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