$180,000

2565 Terrace Trail Decatur, GA 30035

Southwest DeKalb Neighborhood

Estimated payment $1,184/month

Total Views 1,540
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near public transit and shops
  • Central Heating and Cooling System
  • Wood Siding
  • 1 Fireplace

About This Home

Skip the banks and step into your next deal with owner financing on this 3-bedroom, 2.5-bath home located along the desirable Martal Line in a rapidly growing area. Property Overview: Well-maintained and move-in ready, this home features a spacious layout, open living area, and strong rental appeal-ideal for generating consistent income. Location Highlights: * Minutes from restaurants and shopping * Easy access to major highways * Located in an up-and-coming area with strong appreciation potential Investor Advantages: * Owner financing available (flexible terms) * No traditional bank approval required * Strong rental demand = steady cash flow potential * Multiple exit strategies: hold, refinance, or resale Perfect For: Investors looking to expand their portfolio with a low-barrier, high-upside opportunity. Deals like this don't last-especially with owner financing in a hot area.

Listing Agent

Veronica Franco

Keller Williams Atlanta Perimeter License #406059 Listed on: 03/09/2026

Keller Williams Atlanta Perimeter

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1973

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Parking

  • Parking Pad
  • Off-Street Parking

Schools

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

Additional Features

  • 871 Sq Ft Lot
  • Property is near public transit and shops
  • Central Heating and Cooling System

Community Details

  • Association fees include facilities fee, maintenance exterior, ground maintenance, pest control, trash, water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,690

Year Built

Built in 1973

Lot Details

871 Sq Ft Lot

HOA Fees

$12 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Levels: Two
  • Lot Size Acres: .02
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 139
  • Association: Yes
  • Community Features: Sidewalks, Walk To Public Transit, Walk To Shopping

Fee Information

  • Association Fee Includes: Facilities Fee, Maintenance Exterior, Maintenance Grounds, Pest Control, Trash, Water

Schools

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

Rental Info

  • Owner Pays: Cable TV, Electricity, Gas

Multi Family

  • Total Fireplaces: 1
  • NumberOfUnitsTotal: 1

Tax Info

  • Year: 24
  • Tax Annual Amount: 2689.56

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,405 $53,800 $8,000 $45,800
2024 $2,744 $61,560 $8,000 $53,560
2023 $2,744 $42,280 $8,000 $34,280
2022 $480 $10,400 $840 $9,560
2021 $387 $8,280 $1,600 $6,680
2020 $735 $16,200 $1,600 $14,600
2019 $547 $11,920 $1,600 $10,320
2018 $540 $11,920 $1,600 $10,320
2017 $430 $9,200 $1,600 $7,600
2016 $312 $6,520 $1,000 $5,520
2014 $180 $3,440 $1,000 $2,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 For Rent $1,800 0.0% --
03/09/2026 03/09/26 For Sale $180,000 -- --
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $26,000 --
Warranty Deed $19,500 --
Warranty Deed $5,200 --
Quit Claim Deed -- --
Deed $22,600 --
Foreclosure Deed $42,992 --
Deed -- --
Foreclosure Deed $75,417 --
Deed -- --
Foreclosure Deed $57,663 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,350 Stand Alone Second
Previous Owner $74,500 FHA
Source: Public Records

Source: Georgia MLS

MLS Number: 10709193

Georgia MLS

APN: 16-008-05-007

Georgia DeKalb County Decatur 30035 Southwest DeKalb

2565 Terrace Trail, Decatur, GA

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.

Georgia MLS 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 2026 Georgia MLS. All rights reserved.

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Veronica Franco
Listing Agent
Veronica Franco
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Keller Williams Atlanta Perimeter
(470) 660-4157
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