78 LAKE CROSSING CT

Fayetteville, Georgia, 30215

Redeemable DeedpendingSells Oct 6, 2026 · in 5 days

View on map ↗

Opening bid

$7,505

Assessed value

$126,160

Land $8,800Improvement $117,360

Market / AVM

$298,000

Taxes owed

—

Parcel number: 05-109C- A-022
Case number: —
Land use: Residential
Beds / baths: 3 bd · 1.5 ba
Building: 1,879 sqft
Acreage: 0.33
Lot size: 14,251 sqft
Year built: 2004
Owner of record: PRATT CELESTINE J MOON KARMEN P

Property facts enriched via realestateapi · 9/29/2026

Aerial view of 78 LAKE CROSSING CT — the parcel

Aerial view of 78 LAKE CROSSING CT — what is around it

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Runway1.3 mi from parcel centre
Approach paths extend far beyond the runway itself — check which end the parcel is under.

Context

Arrowhead Lake974 ft from parcel centre
Frontage or flood exposure depending on elevation and zone — read this next to the FEMA signal, not on its own.
FEMA flood zone X
Outside the 1% annual chance floodplain.
Elevation 828 ft
Ground elevation at the parcel. Compare with the FEMA base flood elevation where one is published.
0% of homes vacant year-round in Census Tract 406.38
0 of 1,451 units vacant year-round, around or below the national tract average.
Tract median home value $266,300

Property detail

RealEstateAPI PropertyDetail · Every populated field, as returned · 351 values

Summary(21)

Id	140,097,796
Beds	3
Baths	1.5
Equity	$148,400
Flood zone	Yes
High equity	Yes
Notice type	FOR
Last sale date	2020-10-14
Property type	SFR
Equity percent	55

County records

Official appraiser / assessor — free, always available. Copy the parcel number if the link opens a search page.

Clayton County assessor ↗search: 05-109C- A-022
Google Maps (parcel / address search) ↗

Clayton County rules

Sale type: Redeemable Deed
Redemption: 1 year from sale
Return if redeemed: 20% premium first year, +10% each additional year
Statute: Official Code of Georgia Annotated Title 48, Ch. 4

Full county profile →

Historical comps

No historical bucket for GA|Redeemable Deed

No recorded comps yet for this state/sale type. Run deedpilot-copilot import-history --deep and build-history-index.

Index 2026-08-01 · 87,879 total recorded outcomes

Liens that survive

Georgia tax deeds are subject to statutory redemption; junior liens may be affected but federal tax liens and some interests can survive. Excess funds held for parties of interest. Buyer beware — full title search required.

Quiet title

Barment of right of redemption + quiet title commonly required for insurable Georgia tax title before resale.

Verify before you bid

This record was compiled from the published sale list. Parcels are pulled, redeemed, and re-priced up to the moment of sale. Confirm the lot is still in the sale, and confirm the opening bid, directly with the county.

Clayton County Tax Commissioner ↗

Deal analysis

Your maximum bid

$175,584

Walk away above this. Projected profit at the ceiling: $89,400 (30% of ARV).

Opening bid $7,505

Room to bid $168,079

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$67,713

Under max by $107,871

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for GA|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $298,000. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $298,000
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$23,840
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical GA range ($3,000–$7,500, ~6 months).: −$5,250
Deed recording and transferassumed Typical GA recording and deed issuance cost.: −$350
Holding costs (8 months)assumed Taxes, insurance, and securing the property at ~$447/month.: −$3,576
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$89,400
Maximum bid: $175,584

If the owner redeems

Flat penalty

20%

You'd receive

$35,117

Window

365 days

A 20% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

redemption stays open indefinitely until the purchaser forecloses it by statutory notice (barment)

Quoted elsewhere as 20% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 12-month period is a minimum, not an expiry — the redemption right persists until you serve barment notice, so budget for that process.

AI risk brief

Reads this parcel against ClaytonCounty's rules and flags what could go wrong — surviving liens, redemption exposure, title cost, and the facts we don't have. Takes about 35 seconds; the result is saved, so opening this lot again is instant.

Site & surroundings

Physical conditions that affect value and rarely appear on a listing.

Runway1.3 mi from parcel centre

Approach paths extend far beyond the runway itself — check which end the parcel is under.

Context

Arrowhead Lake974 ft from parcel centre

Frontage or flood exposure depending on elevation and zone — read this next to the FEMA signal, not on its own.

FEMA flood zone X

Outside the 1% annual chance floodplain.

Elevation 828 ft

Ground elevation at the parcel. Compare with the FEMA base flood elevation where one is published.

0% of homes vacant year-round in Census Tract 406.38

0 of 1,451 units vacant year-round, around or below the national tract average.

Tract median home value $266,300

140,097,796

Beds

Baths

1.5

Equity

$148,400

Flood zone

Yes

High equity

Yes

Notice type

FOR

Last sale date

2020-10-14

Property type

SFR

Equity percent