$2,552 Closing Credit¹
#10524414, Kent Miller, Listing office: RE/MAX Advantage
$215,000 List price
122 Lake Ter Mcdonough, GA 30253
$2,553
Closing credit¹
3 beds
2 full
1,268 sqft
$170 / sqft
House
Property details
About 122 Lake Ter
PRICE IMPROVEMENT! 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!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,268 sqft
Year built1994
ParkingGarage
MLS #10485537
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Microwave, Other, Oven/Range, Refrigerator
- Basement: No
- Flooring Type: Hardwood
- Interior: High Ceilings, Master On Main Level, Other, Roommate Plan, Walk-In Closet(s)
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Garage
- Architectural Style: Ranch, Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $215,000
- Price/SqFt: $169
- HOA Amount: $260
- Annual Tax Amount: $3,405
- Tax Year: 2024
- Lot: Other
- Directions: GPS
- Year Built: 1994
- Living Area: 1,268 SqFt
- MLS Number: 10485537
- MLS Name: Georgia MLS 2
- Office Name: Hallway Realty
- Listing Agent: Daren Hall
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/21/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$215,000
122 Lake Ter
$2,553
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 10, 2023 | Home Sold | $210,000 |
| Sep 28, 2010 | Home Sold | $127,351 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $84,000 | $3,405 |
| 2023 | $92,520 | $3,617 |
| 2022 | $72,560 | $2,851 |
| 2021 | $52,560 | $2,084 |
| 2020 | $48,080 | $1,912 |
| 2019 | $44,120 | $1,760 |
| 2018 | $36,320 | $1,461 |
History based on county public records data.
Nearby schools
5
Wesley Lakes Elementary School
Public District PK-5
0.6 mi
•685 McDonough Pkwy
3
Walnut Creek Elementary School
Public District KG-5
1.9 mi
•3535 McDonough Pkwy
4
Oakland Elementary School
Public District PK-5
2.2 mi
•551 Highway 81 W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,440. The majority of Mcdonough, GA residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
55%
<35k
41%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
35%
Single, with Kids
10%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Extreme Sports
Where do the neighbors shop?
Burlington
Ross Dress For Less
Sam's Club
Where do the neighbors go to eat?
Popeyes
Jasons Deli
White Castle
What do the neighbors drive?
Dodge
Acura
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 122 Lake Ter
The listing price of 122 Lake Ter property is $215,000.
The property 122 Lake Ter is a house located in Mcdonough, Georgia, 30253.
Active Listing: 122 Lake Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 122 Lake Ter are: Wesley Lakes Elementary School (GreatSchools Rating 5/10), Walnut Creek Elementary School (GreatSchools Rating 3/10), Oakland Elementary School (GreatSchools Rating 4/10), McDonough Middle School (GreatSchools Rating 4/10), Eagle's Landing Middle School (GreatSchools Rating 4/10), Union Grove Middle School (GreatSchools Rating 7/10), McDonough High School (GreatSchools Rating 2/10), Excel Academy (GreatSchools Rating 2/10), Eagle's Landing High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $3,405 (source: MLS/based on county public records data).
The last sale was on February 10, 2023 for $210,000 (source: MLS/tax record).
The property at 122 Lake Ter has 3 bedrooms and 2 bathrooms.
The property 122 Lake Ter is 1,268 SqFt (source: MLS/tax record).
The year of construction for 122 Lake Ter is 1994.
This home is located at 122 Lake Ter in Mcdonough, GA and zip code 30253. This 1,268 square foot home was built in 1994. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $215,000.
Over 28 listings were sold over their listed price in May 2025 in Mcdonough, GA. In the same period over 67 listings were sold below the listed price and 41 listings were sold for the listed price. In May 2025 in Mcdonough, GA there were 13% more homes for sale than in April. The median list price of listings available in May 2025 was $349,955, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.