NOT LISTED FOR SALE

517 Drexel Ave Decatur, GA 30030

Adair Park Neighborhood

Estimated Value: $708,000 - $1,635,544

3 Beds
1 Bath
1,470 Sq Ft
$877/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2021

Last sale price $530,000 $361 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,557 / mo

1 Day on Market

Highlights

  • Open-Concept Dining Room
  • Property is near public transit, schools, and shops
  • Wood Flooring
  • Westchester Elementary School Rated A
  • Ranch Style House
  • 5-minute walk to Adair Park

About This Home

As of October 2021

Perfect opportunity to renovate or create on an historic Lenox Place street in the heart of Decatur! The cute brick ranch home sits high on a stunning lot with a private, fenced backyard. Shared driveway. Take advantage of all that Decatur has to offer within walking distance--Adair Park, Downtown Decatur (and Oakhurst) shops and restaurants.

Last Agent to Sell the Property

Mary Kathryn Kaye

Hawk & Key License #360696 Listed on: 09/10/2021

Last Buyer's Agent

Chad Carter

Keller Williams Realty Metro Atlanta License #333557

Keller Williams Realty Metro Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 1950

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 60x214x58x211
  • Private Entrance
  • Fenced
  • Private Yard
  • Back Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • Private Rear Entry
  • Open-Concept Dining Room
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit, schools, and shops
  • Property is walking distance to MARTA

Schools

  • Westchester/Fifth Avenue Elementary School
  • Beacon Hill Middle School
  • Decatur High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 15 245 03 086

Community Details

Recreation

  • Park

Additional Features

  • Lenox Place Subdivision
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,281

Year Built

Built in 1950

Lot Details

0.3 Acres

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Fixer Upper
  • Year Built: 1950
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1470.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 1470.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Fencing: Fenced
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • Foundation: Brick/Mortar

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Detached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Community Features: Near Marta, Near Schools, Near Shopping, Park, Public Transportation, Restaurant, Sidewalks
  • Subdivision Complex: Lenox Place

Lot Info

  • Acres: 0.3000
  • Lot Features: Back Yard, Private
  • Lot Dimensions: 60x214x58x211
  • Parcel Number: 15 245 03 086
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2281.00
  • Tax Year: 2020

MLS Schools

  • Elementary School: Westchester/Fifth Avenue
  • High School: Decatur
  • Middle School: Beacon Hill

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 1, 2021
Sold by
Bought by
Seller's Agent
Mary Kathryn Kaye
Hawk & Key
Buyer's Agent
Chad Carter
Keller Williams Realty Metro Atlanta
List Price
$500,000
Sold Price
$530,000
Premium/Discount to List
$30,000
6%
Current Estimated Value
$1,289,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,886
Avg. Annual Appreciation
20.74%
Original Mortgage
$424,000
Outstanding Balance
$385,808
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$904,078
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$530,000 --
Source: Public Records

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 Borrower Loan Amount
Open $424,000
Source: Public Records

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
10/01/2021 10/01/21 Sold $530,000 +6.0% $361 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $500,000 -- $340 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $7,253 $621,280 $118,800 $502,480
2024 $5,140 $512,000 $118,800 $393,200
2023 $5,140 $519,680 $118,800 $400,880
2022 $1,820 $191,520 $91,760 $99,760
2021 $2,360 $151,960 $35,720 $116,240
2020 $2,281 $158,240 $35,720 $122,520
2019 $2,238 $149,120 $35,720 $113,400
2018 $1,918 $132,360 $35,720 $96,640
2017 $2,431 $113,520 $35,720 $77,800
2016 $1,358 $113,520 $35,720 $77,800
2014 $336 $96,880 $35,720 $61,160
Source: Public Records

Agents Affiliated with this Home

  • Mary Kathryn Kaye

    Seller's Agent in 2021

    Mary Kathryn Kaye

    Hawk & Key

    (404) 694-0248

    1 in this area

    12 Total Sales

    Mary Kathryn Kaye
    Section Image
  • Chad Carter

    Buyer's Agent in 2021

    Chad Carter

    Keller Williams Realty Metro Atlanta

    (404) 944-6577

    8 in this area

    199 Total Sales

    Chad Carter
    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6942668

First Multiple Listing Service (FMLS)

APN: 15-245-03-086

Georgia DeKalb County Decatur 30030 Adair Park

517 Drexel Ave, Decatur, GA

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.