This 2 bedroom, 1 bathroom home offers a great opportunity for investors or buyers looking to customize a property and add value. Situated in the desirable East Lake Terrace area of Decatur, this property is conveniently located near restaurants, parks, and major highways, providing easy access to everything the city has to offer. Positioned in one of the most sought after zip codes in East Atlanta, this home presents strong potential for appreciation and rental income. Whether you're an investor looking for your next project or a buyer ready to create your dream space, this property is full of opportunity. Sold as-is
Single-familyProperty Type
1950Year Built
0.25 acresLot Size
$101Price/Sq.Ft.
Listed by Stephanie Fuentes• Keller Williams Realty West Atlanta
Contact: 470-907-8266
Bought with Stephanie Fuentes• Keller Williams Realty West Atlanta
Source:FMLS #7730239
Redfin Estimate
$199,385
$94K since sold in July 2026$8,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.9% higher than the average sale price ($183K) of 6 comparable homes.
Est. $1,689 per month, based on comparable rentals
Sale and tax history for 1987 Merle Cir
Sale History
Tax History
Date
Event
Price
FMLS #7730239
Jul 16, 2026
Sold
$105,000
$101/sq ft
Jul 9, 2026
Pending
—
Jul 7, 2026
Relisted
—
Jun 14, 2026
Pending
—
Apr 11, 2026
Price Changed
$215,000
$207/sq ft
Mar 3, 2026
Listed
$230,000
$221/sq ft
GAMLS #10704661
Jul 16, 2026
Sold
$105,000
$101/sq ft
Jul 9, 2026
Pending
—
Jul 7, 2026
Relisted
—
Jun 15, 2026
Pending
—
Apr 11, 2026
Price Changed
$215,000
$207/sq ft
Mar 3, 2026
Listed
$230,000
$221/sq ft
This 2 bedroom, 1 bathroom home offers a great opportunity for investors or buyers looking to customize a property and add value. Situated in the desirable East Lake Terrace area of Decatur, this property is conveniently located near restaurants, parks, and major highways, providing easy access to everything the city has to offer. Positioned in one of the most sought after zip codes in East Atlanta, this home presents strong potential for appreciation and rental income. Whether you're an investor looking for your next project or a buyer ready to create your dream space, this property is full of opportunity. Sold as-is
Public Records
Mar 10, 1986
Sold
$39,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,166
$26,350 + $58,650
$85,000
2024
$4,163 (+27.0%)
$26,350 + $58,650
$85,000
2023
$3,277 (+1.3%)
$26,350 + $58,650
$85,000
2022
$3,236 (+10.9%)
$14,240 + $51,760
$66,000
2021
$2,918 (+19.7%)
$14,240 + $44,520
$58,760
2020
$2,437 (−0.6%)
$14,240 + $44,520
$58,760
2019
$2,453 (+32.8%)
$12,240 + $35,920
$48,160
2018
$1,847 (−0.9%)
$12,240 + $22,040
$34,280
2017
$1,863 (+16.9%)
$12,240 + $22,040
$34,280
2016
$1,594 (+86.4%)
$3,200 + $25,200
$28,400
2014
$855 (+26.4%)
$3,200 + $19,960
$23,160
2013
$676 (−0.6%)
$3,360 + $4,080
$7,440
2012
$680 (−6.7%)
$3,360 + $4,160
$7,520
2011
$729 (−51.6%)
$3,240 + $5,544
$8,784
2010
$1,506 (−19.2%)
$6,876 + $22,244
$29,120
2008
$1,864
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
1993
Sq. Ft.
1,040
Year built
1950
Style
Single Family Residential
County
DeKalb County
APN
15 170 06 038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
R-75
Residential Medium Lot-75 District
The purpose and intent of the board of commissioners in establishing the R-75 (Residential Medium Lot-75) District is as follows: To provide for the protection of neighborhoods within the county where lots have a minimum area of ten thousand square feet; To provide for compatible infill development in neighborhoods; To provide protections for existing development as new subdivisions are created; To provide flexibility in design on the interior of new development while protecting surrounding development; To assure that the uses and structures authorized in the R-75 (Residential Medium Lot-75) District are those uses and structures designed to serve the housing, recreational, educational, religious, and social needs of the neighborhood; To provide for appropriately sized accessible and useable open space in new developments for health, recreational and social opportunities for county residents; To implement the future development map of the county's most current comprehensive plan.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Garden center
Housing-Single unit
Public service
Golf related
Communications tower
Property details
Parking
Parking Information
Parking Features: Parking Pad
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Master Bathroom Features: Other
Bedroom Information
# of Main Level Bedrooms: 2
Bedroom Features: Other
Interior Features
Interior Features: Other
Common Walls: No One Below
Appliances: Other
Flooring: Other
Room Information
LaundryFeatures: Other
Kitchen Features: Other
Dining Room Features: Other
Room Type: Attic, Other
Exterior
Property Information
Levels: One
Above Grade Finished Area: 1,040
Construction Materials: Brick
Exterior Features: Other
Roof: Other
Property Condition: Resale
Foundation Details: Slab
Ownership: Fee Simple
Lot Information
Waterfrontage Length: 0
TaxLegalDescription: Public Records
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Central
Water Source: Public
Electric: Other
Sewer: Public Sewer
Utilities: Electricity Available
Location
Multi-Family Information
# Of Units To Be Built: 0
School Information
Elementary School: Toney
Middle Or Junior School: Columbia - Dekalb
High School: Columbia
Location Information
Directions: GPS
Road Surface Type: Paved
Road Frontage Type: City Street
Dekalb - GA
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 0.25 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1993
County: DeKalb County
APN: 15 170 06 038
Home facts updated by county records on Aug 11, 2026
Around this home
56/100 Somewhat Walkable39/100 Some transit41/100 Somewhat bikeable
Schools
Places
Transit
Toney Elementary School
Public PreK-5 • Assigned • 0.4mi
3/10
Columbia Middle School
Public 6-8 • Assigned • 2.9mi
3/10
Columbia High School
Public 9-12 • Assigned • 1.8mi
2/10
Provided by GreatSchools
Local insights from Redfin agents
DeKalb County offers diverse lifestyles, from established communities like Decatur and Avondale Estates to suburban neighborhoods throughout North and East DeKalb. Known for its culture, dining, green spaces, and MARTA access, DeKalb attracts buyers...