2565 Terrace Trail Decatur, GA 30035
Southwest DeKalb NeighborhoodEstimated payment $1,224/month
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
Keller Williams Atlanta Perimeter License #406059 Listed on: 03/09/2026
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $19,500 | -- | |
| Limited Warranty Deed | $26,000 | -- | |
| Warranty Deed | $5,200 | -- | |
| Deed | $22,600 | -- | |
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | $42,992 | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $75,417 | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $57,663 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,350 | Stand Alone Second |
Source: Georgia MLS
MLS Number: 10709193
APN: 16-008-05-007
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 2026 Georgia MLS. All rights reserved.
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