5030 E Lake Pkwy McDonough, GA 30253
Estimated payment $2,615/month
Highlights
- 2.09 Acre Lot
- No HOA
- Soaking Tub
- Union Grove High School Rated A
- Beamed Ceilings
- Laundry closet
About This Home
Prime Location with Commercial Potential in McDonough, GA! This 3-bedroom, 2-bath home sits on a generous 2.09 acre lot along a high-traffic road, offering exceptional visibility and future growth potential. Currently zoned residential, this property is ideal for an investor, small business owner, or developer looking to transform a modern-style fixer-upper into a thriving commercial space. Located just steps from a newly developed gas station with retail space and surrounded by rapid area growth, the possibilities are endless. An additional 1.12 acre lot is available next to this lot for $239,000. Don't miss this unique opportunity to secure a property with outstanding location, exposure, and upside potential in one of McDonough's most desirable corridors. Directly across the street from a new townhome development and close to several new single family home subdivision. This property has amazing potential for a savvy investor!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,128
Year Built
- Built in 1992
Lot Details
- 2.09 Acre Lot
Home Design
- Fixer Upper
- Composition Roof
- Wood Siding
Interior Spaces
- Multi-Level Property
- Beamed Ceilings
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Dishwasher
- Laundry closet
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Parking
- Garage
- Parking Pad
- Drive Under Main Level
Schools
- Hickory Flat Elementary School
- Union Grove Middle School
- Union Grove High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
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 |
|---|---|---|---|---|
| 2025 | $3,713 | $135,240 | $16,680 | $118,560 |
| 2024 | $3,713 | $123,520 | $15,240 | $108,280 |
| 2023 | $3,022 | $122,480 | $14,680 | $107,800 |
| 2022 | $2,974 | $99,080 | $13,560 | $85,520 |
| 2021 | $2,555 | $81,320 | $11,640 | $69,680 |
| 2020 | $2,307 | $70,840 | $10,960 | $59,880 |
| 2019 | $1,642 | $66,240 | $10,400 | $55,840 |
| 2018 | $0 | $55,560 | $9,600 | $45,960 |
| 2016 | $1,642 | $48,840 | $7,920 | $40,920 |
| 2015 | $1,617 | $47,160 | $8,880 | $38,280 |
| 2014 | $1,541 | $44,880 | $8,880 | $36,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $449,900 | -- | $269 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $152,500 | -- | |
| Deed | $116,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $89,000 | New Conventional | |
| Previous Owner | $93,200 | New Conventional |
Source: Georgia MLS
MLS Number: 10636187
APN: 0087-02-010-004
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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