NOT LISTED FOR SALE

124 Lake Terrace McDonough, GA 30253

Estimated Value: $217,000 - $227,136

3 Beds
2 Baths
1,200 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 124 Lake Terrace, McDonough, GA 30253 and is currently estimated at $220,284, approximately $183 per square foot. 124 Lake Terrace is a home located in Henry County with nearby schools including Wesley Lakes Elementary School, McDonough Middle School, and McDonough Methodist Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2008
Sold by
Lester Alicia
Bought by
Lester Alicia and El-Amin Jameelah
Current Estimated Value
$220,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,103
Outstanding Balance
$44,880
Interest Rate
6.45%
Mortgage Type
FHA
Estimated Equity
$179,735

Purchase Details

Closed on
May 6, 2008
Sold by
Washington Vernice
Bought by
Deutsch Bank Natl Trust Com

Purchase Details

Closed on
Mar 24, 2004
Sold by
Montgomery Mark R
Bought by
Washington Vernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1994
Sold by
Cliftwood Constr
Bought by
Montgomery Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.78%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lester Alicia -- --
Lester Alicia $66,200 --
Deutsch Bank Natl Trust Com $95,227 --
Washington Vernice $110,000 --
Montgomery Mark $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Alicia $65,103
Previous Owner Washington Vernice $96,000
Previous Owner Washington Vernice $24,000
Previous Owner Washington Vernice $110,000
Previous Owner Montgomery Mark $58,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $2,458 $87,800 $14,000 $73,800
2023 $1,968 $86,000 $12,000 $74,000
2022 $2,102 $70,320 $12,000 $58,320
2021 $1,644 $50,920 $12,000 $38,920
2020 $1,538 $46,440 $8,000 $38,440
2019 $1,430 $42,560 $8,000 $34,560
2018 $1,140 $35,000 $6,000 $29,000
2016 $914 $29,120 $6,000 $23,120
2015 $837 $26,720 $6,000 $20,720
2014 $671 $22,440 $6,000 $16,440
Source: Public Records

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