848 Lake Terrace Dr, Augusta, GA 30904

2 beds, 1 bath, 900 sqft
For Sale
$40,000
Zestimate®: $44,405
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Here is an adorable 2 bedroom home conveniently located in Augusta! This home features a spacious living room, a cute kitchen with separate dining room, and a carport. Newer ceramic tile in the kitchen and laminate flooring throughout bedrooms, living room, and dining room. Nice covered front porch! Excellent location... This neighborhood is close to Lake Olmstead, Downtown Augusta, GRU, the Augusta Nationals, shopping, and schools!
Facts
  • Lot: 10,018 sqft
  • Single Family
  • Built in 1954
  • 2 days on Zillow
Room Types
  • Dining room
Construction
  • Roof type: Other
  • Room count: 5
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 2
Other
  • Floor size: 900 sqft
  • Last remodel year: 1985
  • Parcel #: 0201219000
  • Zillow Home ID: 14940365
Home Values
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$44,405
+$0 Last 30 daysd
$38K
$56K
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$754/mo
+$7 Last 30 daysd
$656
$829
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Neighborhood for 848 Lake Terrace Drive

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Zillow predicts Lakemont home values will rise 2.4% next year, compared to a 2.1% rise for Augusta as a whole. Among Lakemont homes, this home is 61.1% less expensive than the midpoint (median) home, and is priced 34.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Lakemont market, the number of foreclosures waiting to be sold dropped 33.9% in the last year. The number of unsold foreclosures is 10.5% higher than in Augusta, and 73.1% higher than the national average. This higher local number may prevent Lakemont home values from rising as quickly as other regions in Augusta.

Learn more about forecast calculations or Lakemont home values.
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