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$315,900

Beds
4
Baths
3.0
sq ft
2,106

7865 Lake Ter, Douglasville, GA 30134

7865 Lake Ter

Douglasville, GA 30134

  • 30 days on market
    • Price drop $3,600↓
Welcome to 7865 Lake Terrace, this property has been extremely well-maintained and is ready for its new owner! This is a wonderful split level in the Lake Ridge community, conveniently located just 5 minutes from downtown Douglasville! The main floor is an open floorplan with cathedral ceilings and wood burning fireplace. Finished bonus room with large bright windows and a 4th bedroom that could be a second master with an en-suite bathroom and walk in closet. The lower level has plenty of space and has its own seperate living room area, where there is a bedroom and bathroom, that is the perfect mother in law suite! This property also has a newly added on front porch that is perfect for relaxing in the quite cul-de-sac, or maybe chilling on the back porch is more your style the back porch is an elevated porch that overlooks the back yard perfect for relaxing or grilling out! Stop by and come see this one today!

Details

Property type

Single Family Residence

Est. home value

$292,637

Lot size

0.34 acres

Price per sq ft

$150

Year built

2002

Annual property taxes

$1,507

HOA fee

$240

Price History

04/01/2025
FMLS

FMLS #7533402

Price change
$315,900
-1.13%
03/10/2025
FMLS

FMLS #7533402

Price change
$319,500
-1.66%
03/02/2025
FMLS

FMLS #7533402

Listed
$324,900
-1.55%

Schools & Community

Elementary school: 

North Douglas

Middle school: 

Stewart

High school: 

Douglas - Other

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Truist Bank

Loan start date

April 2021

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 30 year

Seller

Roger J Hanson and Dolores Hanson

Lender

Truist Bank

Loan start date

April 2021

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial, 30 year

Seller

Roger J Hanson and Dolores Hanson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/02/2025 at 2:55 AM

Listing updated: 04/01/2025 at 2:30 PM

Listed by: Colton Hemmings, Algin Realty, Inc. Phone #: (770) 616-4460

MLS: FMLS #7533402

FMLS logo

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