K
Seller's Agent in 2024
Karen Wallace
Atlanta Communities
(347) 794-2790
1 in this area
1 Total Sale
2418 Elldale Ave Decatur, GA 30032
East Lake Terrace Neighborhood
0.2
Acre
$250,000
Price per Acre
8,712
Sq Ft Lot
Highlights
- Golf Course Community
- Partially Wooded Lot
- Grass Covered Lot
- Property is near public transit
- No HOA
About This Lot
As of August 2024Discover the endless potential of this nearly quarter-acre private lot in the desirable East Lake Terrace neighborhood of Decatur, GA. This hidden gem offers a rare opportunity to build your dream home or investment property in an up-and-coming and thriving community. Enjoy living just 5 minutes from East Lake Golf Club, just minutes from Downtown Decatur and the Kirkwood neighborhood, and 15 minutes from Midtown Atlanta and the Mercedes Benz Stadium. The Beltline and Ponce City Market are only 17 minutes away, providing easy access to the city's top attractions. Despite its private and serene setting, the lot offers convenient access to major roads and public transportation, as well as nearby dining and shopping options. This land lot is a blank canvas ready for your vision, whether you're looking to build a home or invest in a property with significant growth potential. Don't miss out on this fantastic opportunity in Decatur's thriving real estate market. APPROVAL TO EXTEND ROAD FOR DRIVEWAY ACCESS HAS BEEN RECEIVED.
Last Agent to Sell the Property
Atlanta Communities License #438194 Listed on: 05/30/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $279
Lot Details
- 8,712 Sq Ft Lot
- Partially Wooded Lot
- Grass Covered Lot
Location
- Property is near public transit
- Property is near schools
Schools
- Toney Elementary School
- Columbia Middle School
- Columbia High School
Listing and Financial Details
- Tax Lot 6
Community Details
Overview
- No Home Owners Association
- East Lake Terrace Subdivision
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Aug 30, 2024
Sold by
Capital Solutions Holdings Llc
Bought by
Olaniran Olubunmi Yewande and Olaniran Peter Afolabi
Seller's Agent
Karen Wallace
Atlanta Communities
Buyer's Agent
Karen Wallace
Atlanta Communities
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%
Total Days on Market
75
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,508
Avg. Annual Appreciation
1.26%
Purchase Details
Closed on
May 28, 2024
Sold by
Capital Solutions Llc
Bought by
Capital Solutions Holdings Llc
Purchase Details
Closed on
Apr 26, 2024
Sold by
Manor Real Estate Holdings Llc
Bought by
Capital Solutions Llc
Purchase Details
Closed on
Sep 29, 2011
Sold by
First Citizens Bank And Tr
Bought by
Manor Real Estate Holdings Llc
Purchase Details
Closed on
Nov 1, 2009
Sold by
Caldwell Realty Llc
Bought by
First Citizens Bk & Trust Co
Purchase Details
Closed on
Jun 4, 2008
Sold by
Canoya Richard J
Bought by
Diamond Black Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,800
Interest Rate
6%
Purchase Details
Closed on
Jul 7, 2004
Sold by
Arlington Square Properties Llc
Bought by
Canova Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,150
Interest Rate
6.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | -- | |
| Limited Warranty Deed | -- | -- | |
| Warranty Deed | $16,500 | -- | |
| Warranty Deed | $4,100 | -- | |
| Foreclosure Deed | $46,800 | -- | |
| Deed | $10,000 | -- | |
| Deed | $62,500 | -- | |
| Deed | $37,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $46,800 | No Value Available | |
| Previous Owner | $33,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $50,000 | -16.7% | -- |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 08/10/2024 08/10/24 | For Sale | $60,000 | 0.0% | -- |
| 07/27/2024 07/27/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | Price Changed | $60,000 | -14.3% | -- |
| 07/06/2024 07/06/24 | Price Changed | $70,000 | -6.7% | -- |
| 06/12/2024 06/12/24 | For Sale | $75,000 | 0.0% | -- |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $75,000 | -- | -- |
Source: Georgia MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $278 | $6,360 | $6,360 | $0 |
| 2022 | $140 | $3,200 | $3,200 | $0 |
| 2021 | $140 | $3,200 | $3,200 | $0 |
| 2020 | $140 | $3,200 | $3,200 | $0 |
| 2019 | $25 | $560 | $560 | $0 |
| 2018 | $25 | $560 | $560 | $0 |
| 2017 | $67 | $560 | $560 | $0 |
| 2016 | $25 | $560 | $560 | $0 |
| 2014 | $7 | $160 | $160 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Georgia MLS
MLS Number: 10307586
APN: 15-171-18-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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