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
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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