Sold Price cut: $62,000 (8/22)
$172,000
3 beds · 2 baths · 1,528 sqft
3116 Lake Monroe Road, Douglasville, GA 30135
Great deal
Priced about $94,298 (35%) below comparable homes. Estimated market value $266,298, based on 7 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Attention investors! This fixer-upper offers great potential but requires some TLC. The home is missing drywall and flooring throughout, providing a blank slate for renovations. The primary suite features a full bathroom, while the secondary bedrooms share a full bath on the second level. With the right updates, this property can be transformed into a fantastic investment or dream home!
PoolBasementNo HOARenovated
Listing remarks courtesy of Mainstay Brokerage LLC · Sold by Coldwell Banker Realty.
· FMLS #7541351$1,231/mo est.
with $17,200 down · $172,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 7.28%, the national average for the week of Oct 1, plus property taxes. Insurance and HOA are extra. Not an APR or a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
3
Beds
2
Baths
1,528
Sqft
1980
Built
0.39 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,225/morange $2,075 – $2,37515.5% gross yield
Based on 7 similar rentals within 2 mi (2 recently leased).
3 bd · 2 ba · 1,150 sqft · 0.5 mi away$1,650/mo3 bd · 2 ba · 1,638 sqft · 1 mi away$1,695/mo3 bd · 2 ba · 1,412 sqft · 1 mi away$2,385/mo3 bd · 2 ba · 1,462 sqft · 2 mi away · leased$1,935/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,281/mo
Principal & interest$1,059
Property taxes$172
Home insurance$50
Down payment$17,200 (10%)
Interest rate7.280%
Starts at today’s national average for a 30-year fixed, 7.28% (week of Oct 1). Not an APR or a loan offer. Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
We stand behind every home
AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Factory ShoalsElementary
Chestnut LogMiddle
New ManchesterHigh
Location
18 for sale 7 pending 12 sold
Listed by
Mainstay Brokerage LLC · Sold by Coldwell Banker Realty
Source: FMLS · #7541351
More homes you might like
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.. All rights reserved. IDX information is refreshed every 30 minutes; data last updated Oct 8, 2026, 5:30 AM ET. Technical services for the display and support of FMLS content on this site are provided in-house by Veribas Real Estate LLC, 3480 Preston Ridge Rd, Suite 500, Alpharetta, GA 30005 · (833) 837-4227 · hello@veribas.com.
Homes for sale by city
Alpharetta homesAtlanta homesMcDonough homesSandy Springs homesCumming homesWoodstock homesMarietta homesLawrenceville homesJohns Creek homesSmyrna homesStockbridge homesDecatur homesAll cities
Homes for rent by city
(833) 837-4227
hello@veribas.com
© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
