$274,999

5471 S Lake Dr Douglasville, GA 30135

Estimated payment $1,554/month

Total Views 695
4 Beds
2 Baths
2,275 Sq Ft
$121 Price per Sq Ft

Highlights

  • Very Popular Property
  • Deck
  • Main Floor Primary Bedroom
  • City View
  • Traditional Architecture
  • Corner Lot

About This Home

Investor Special in a Booming Douglasville Community! This spacious ranch home with a full basement sits proudly on a corner, level lot in one of Douglasville’s most desirable and established neighborhoods. With a generous floor plan and tons of potential, this property offers meat on the bones for those looking to renovate, flip, or rent for a high ROI. Run your comps—you’ll quickly see the opportunity for high profit for an investor in today’s market. Located just minutes from Arbor Place Mall, Sweetwater Creek State Park, Boundary Waters Recreation Center, and the vibrant restaurants and shops of downtown Douglasville, this home is in the heart of a booming area with strong buyer and renter demand. Easy access to I-20 puts you less than 25 minutes from Atlanta, Hartsfield-Jackson Airport, and major employment hubs. Whether you’re an experienced investor or just getting started, this is a prime chance to secure a property in a great neighborhood with excellent growth potential. Don’t miss your opportunity—properties like this are rare!

Listing Agent

Rusty S. Cole

Your Home Sold Guaranteed Realty Heritage Oaks License #347005 Listed on: 08/13/2025

Your Home Sold Guaranteed Realty Heritage Oaks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1973

Lot Details

  • 0.49 Acre Lot
  • Private Entrance
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Factory Built Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Family Room
  • L-Shaped Dining Room
  • Carpet
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range Hood
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Arbor Station Elementary School
  • Yeager Middle School
  • Chapel Hill High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Mill Glen Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 00100150033

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Year Built: 1973
  • Levels Stories: One and One Half
  • Above Grade Finished Sq Ft: 2275.00
  • Below Grade Sq Ft: 1073.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet
  • Fireplace Features: Factory Built, Great Room
  • Number Of Fireplaces: 1
  • Appliances: Range Hood, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper
  • Basement: Full, Unfinished
  • Kitchen Features: Cabinets Other, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Dining L
  • Square Footage: 2275.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 4
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Wood Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Private Entry
  • View: City
  • Pool Private: No
  • Foundation: Concrete Perimeter

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Garage, Garage Faces Rear

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: Mill Glen

Schools

  • Elementary School: Arbor Station
  • Middle School: Yeager
  • High School: Chapel Hill

Lot Info

  • Acres: 0.4916
  • Lot: 115
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Dimensions: x
  • Parcel Number: 00100150033
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 667.00
  • Assessor Parcel Number: 0015-00-1-0-033
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Arbor Station
  • High School: Chapel Hill
  • Middle School: Yeager

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $667 $136,320 $21,200 $115,120
2023 $667 $123,720 $22,160 $101,560
2022 $692 $94,520 $18,000 $76,520
2021 $692 $73,680 $19,080 $54,600
2020 $683 $68,120 $17,640 $50,480
2019 $565 $66,120 $17,640 $48,480
2018 $565 $64,120 $17,440 $46,680
2017 $593 $59,240 $17,800 $41,440
2016 $538 $48,760 $14,400 $34,360
2015 $488 $43,920 $13,480 $30,440
2014 $488 $41,552 $13,480 $28,072
2013 -- $44,216 $14,400 $29,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $274,999 -- $121 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $48,000 Stand Alone Second
Closed $50,769 Stand Alone Second
Closed $25,000 Stand Alone Second
Closed $30,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7632050

First Multiple Listing Service (FMLS)

APN: 0015-00-1-0-033