NOT LISTED FOR SALE

2505 Terrace Trail Decatur, GA 30035

Southwest DeKalb Neighborhood

Estimated Value: $78,000 - $164,000

2 Beds
2 Baths
1,594 Sq Ft
$9/mo HOA Fee

Last Sold August 25, 2022

Last sale price $50,000 $31 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $851/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Tray Ceiling
  • Wood Flooring
  • Bonus Room
  • Walk-In Closet

About This Home

As of August 2022

INVESTORS!!......Location, Location, Location & Potential, Potential, Potential!!! 2 bedroom 2.5 bath split foyer with walk-in closets. Bathrooms and showers are tiled. Excellent Roommate floorplan. Hardwoods in the Dining area and Tiled kitchen floors. Bonus room can be converted to a 3rd bedroom. Located off Wesley Chapel near I-20 and I-285, 15-20 minutes to downtown Atlanta. High Ship lapped ceilings in Master and sunken Living Room. Cedar siding and outdoor storage area. (Eligible for the Dekalb County School Choice Lottery in the attendance zone for some of the best schools in the state (Kittredge, Wadsworth, Dekalb School of the Arts, Dekalb Early College Academy, and Arabia Mountain High). There are a lot of renovations underway in the community and this property is perfect for being next in line.

Last Agent to Sell the Property

Aqueelah Whitaker

eXp Realty License #372224 Listed on: 08/04/2022

eXp Realty

Last Buyer's Agent

Patty Peck

Atlanta Communities License #346178

Atlanta Communities

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1973

Lot Details

  • 4,356

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Fixer Upper
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Bonus Room
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Schools

  • Fairington Elementary School
  • Miller Grove Middle School
  • Miller Grove High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Phone Available

Community Details

  • Association fees include trash, ground maintenance, water
  • The Terraces Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,245

Year Built

Built in 1973

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • ArchitecturalStyle: Other
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .10
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 1594
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven/Range (Combo), Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1594
  • Above Grade Finished Sq Ft: 1594
  • Interior Amenities: Tray Ceiling(s), Vaulted Ceiling(s), Tile Bath, Walk-In Closet(s), Roommate Plan
  • Full Bathrooms: 2
  • Flooring: Hardwood, Tile, Carpet
  • Price Per Square Foot: 31.3676

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Wood Siding
  • Lot Features: None
  • Property Condition: Fixer
  • Roof: Wood

Garage/Parking

  • Parking Features: Over 1 Space per Unit

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Sewer Connected, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 111
  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: Trash, Maintenance Grounds, Water

Schools

  • Elementary School: Fairington
  • High School: Miller Grove
  • Middle School: Miller Grove
  • Elementary School: Fairington
  • Middle School: Miller Grove
  • High School: Miller Grove

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 25, 2022
Sold by
White Vincent R
Bought by
Nasajpour Habib David
Seller's Agent
Aqueelah Whitaker
eXp Realty
Buyer's Agent
Patty Peck
Atlanta Communities
List Price
$50,000
Sold Price
$50,000
Views
18
Current Estimated Value
$124,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,757
Avg. Annual Appreciation
33.31%

Purchase Details

Closed on
Jul 28, 2003
Sold by
Deponte Constance M
Bought by
White Vincent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nasajpour Habib David $50,000 --
White Vincent R $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Vincent R $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $50,000 0.0% $31 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $50,000 -- $31 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $2,245 $50,120 $8,000 $42,120
2024 $833 $17,840 $1,600 $16,240
2023 $833 $17,840 $1,600 $16,240
2022 $660 $29,240 $1,600 $27,640
2021 $660 $14,480 $1,600 $12,880
2020 $514 $11,160 $1,600 $9,560
2019 $514 $11,160 $1,600 $9,560
2018 $229 $11,160 $1,600 $9,560
2017 $289 $6,000 $1,000 $5,000
2016 $289 $6,000 $1,000 $5,000
2014 $173 $3,280 $1,000 $2,280
Source: Public Records

Agents Affiliated with this Home

  • Aqueelah Whitaker

    Seller's Agent in 2022

    Aqueelah Whitaker

    eXp Realty

    (678) 668-3820

    4 in this area

    32 Total Sales

    Aqueelah Whitaker
    Section Image
  • Patty Peck

    Buyer's Agent in 2022

    Patty Peck

    Atlanta Communities

    (770) 363-6730

    2 in this area

    51 Total Sales

    Patty Peck
    Section Image
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Map

Source: Georgia MLS

MLS Number: 20063012

Georgia MLS

APN: 16-008-06-004

Georgia DeKalb County Decatur 30035 Southwest DeKalb

2505 Terrace Trail, Decatur, GA

This home is located at 2505 Terrace Trail, Decatur, GA 30035 since 04 August 2022 and is currently estimated at $124,757, approximately $78 per square foot. This property was built in 1973. 2505 Terrace Trail is a home located in DeKalb County with nearby schools including Fairington Elementary School, Miller Grove Middle School, and Miller Grove High School.

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