CALLING ALL INVESTORS Fantastic income producing opportunity that can generate up to $4,800 monthly. CASH AND CONVENTIONAL ONLY BUYERS. PROPERTY SOLD AS IS. CURRENTLY BEING RENTED. Rare find: Amazing newly renovated 5 bedroom, 3 bath home. Boasting a wealth of modern features, plus 3 dining rooms. that allows for tons of natural sunlight. With 3,400 square feet of living space, this home boasts 10-foot ceilings throughout and a 25-foot ceiling in the main dining room. Including large spacious family rooms, new appliances, windows, flooring, and doors. Includes a beautiful wrap-around deck overlooking the backyard. All plumbing is low flow, all light fixtures have been replaced. A new heating & air system has been installed in addition to a new roof. The basement is fully renovated and furnished. Conveniently located near I-285 & I-20 with nearby access to Shopping, restaurants, schools, and the YMCA
CondoProperty Type
1973Year Built
1,833 sq ftLot Size
$104Est. Price/Sq.Ft.
2 spacesParking
Listed by Phillip Mahfood• Keller Williams Realty Peachtree Rd.
Bought with Karensa Quamina• Keller Williams Realty Atl Partners
Source:FMLS #7215582
Redfin Estimate
$224,423
$16K since sold in November 2023$2,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 106.2% higher than the average sale price ($109K) of 6 comparable homes.
CALLING ALL INVESTORS Fantastic income producing opportunity that can generate up to $4,800 monthly. CASH AND CONVENTIONAL ONLY BUYERS. PROPERTY SOLD AS IS. CURRENTLY BEING RENTED. Rare find: Amazing newly renovated 5 bedroom, 3 bath home. Boasting a wealth of modern features, plus 3 dining rooms. that allows for tons of natural sunlight. With 3,400 square feet of living space, this home boasts 10-foot ceilings throughout and a 25-foot ceiling in the main dining room. Including large spacious family rooms, new appliances, windows, flooring, and doors. Includes a beautiful wrap-around deck overlooking the backyard. All plumbing is low flow, all light fixtures have been replaced. A new heating & air system has been installed in addition to a new roof. The basement is fully renovated and furnished. Conveniently located near I-285 & I-20 with nearby access to Shopping, restaurants, schools, and the YMCA
GAMLS #10154847
May 11, 2023
Listing Removed
—
May 1, 2023
Listed
$325,000
$151/sq ft
FMLS #6934666
Nov 17, 2021
Sold
$32,500
$15/sq ft
Nov 8, 2021
Pending
—
Nov 2, 2021
Price Changed
$32,500
$15/sq ft
Nov 2, 2021
Relisted
—
Sep 3, 2021
Pending
—
Aug 30, 2021
Price Changed
$35,000
$16/sq ft
Aug 24, 2021
Listed
$39,000
$18/sq ft
GAMLS #9039041
Nov 17, 2021
Sold
$32,500
$15/sq ft
Nov 8, 2021
Pending
—
Nov 7, 2021
Pending
—
Nov 5, 2021
Relisted
—
Nov 5, 2021
Price Changed
$32,500
$15/sq ft
Nov 2, 2021
Listing Removed
—
Oct 4, 2021
Pending
—
Sep 3, 2021
Pending
—
Aug 30, 2021
Price Changed
$35,000
$16/sq ft
Aug 24, 2021
Listed
$39,000
$18/sq ft
Public Records
Feb 25, 1997
Sold
$79,000
$37/sq ft
Public Records
Jun 1, 1989
Sold
$75,000
$35/sq ft
Public Records
Jan 3, 1984
Sold
$65,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,212 (−7.1%)
$8,000 + $64,320
$72,320
2024
$3,457 (+111.6%)
$8,000 + $64,320
$72,320
2023
$1,633 (+174.7%)
$8,000 + $69,880
$77,880
2022
$595 (+40.7%)
$1,400 + $11,600
$13,000
2021
$423 (−47.9%)
$1,600 + $7,480
$9,080
2020
$811 (+34.3%)
$1,600 + $7,480
$9,080
2019
$603 (−14.0%)
$1,600 + $11,600
$13,200
2018
$701 (+45.7%)
$1,600 + $11,600
$13,200
2017
$481 (+38.7%)
$1,600 + $11,600
$13,200
2016
$347 (+77.0%)
$1,000 + $6,320
$7,320
2014
$196 (−0.2%)
$1,000 + $11,760
$12,760
2013
$196 (−12.3%)
$1,000 + $2,800
$3,800
2012
$224 (−29.7%)
$1,000 + $3,400
$4,400
2011
$318 (−76.2%)
$1,240 + $5,384
$6,624
2010
$1,335 (−18.1%)
$6,958 + $25,746
$32,704
2008
$1,631
Tax history for 2501 Terrace Trl
Year
Property tax
Land + Additions
Assessment*
2025
$3,212 (−7.1%)
$8,000 + $64,320
$72,320
2024
$3,457 (+111.6%)
$8,000 + $64,320
$72,320
2023
$1,633 (+174.7%)
$8,000 + $69,880
$77,880
2022
$595 (+40.7%)
$1,400 + $11,600
$13,000
2021
$423 (−47.9%)
$1,600 + $7,480
$9,080
2020
$811 (+34.3%)
$1,600 + $7,480
$9,080
2019
$603 (−14.0%)
$1,600 + $11,600
$13,200
2018
$701 (+45.7%)
$1,600 + $11,600
$13,200
2017
$481 (+38.7%)
$1,600 + $11,600
$13,200
2016
$347 (+77.0%)
$1,000 + $6,320
$7,320
2014
$196 (−0.2%)
$1,000 + $11,760
$12,760
2013
$196 (−12.3%)
$1,000 + $2,800
$3,800
2012
$224 (−29.7%)
$1,000 + $3,400
$4,400
2011
$318 (−76.2%)
$1,240 + $5,384
$6,624
2010
$1,335 (−18.1%)
$6,958 + $25,746
$32,704
2008
$1,631
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2012
Sq. Ft.
2,143
Year built
1973
Style
Condo/Co-op
County
DeKalb County
APN
16 008 06 006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
MR-1
I2T3
Medium Density Residential-1 District
The purpose and intent of the board of commissioners in establishing the MR-1 Medium Density Residential-1 District is as follows: To encourage primarily residential, planned developments that allow accessory retail, office, institutional, and civic uses; To provide for residential neighborhoods with a mix of single-family and multi-family housing types that maintain harmony of scale, intensity, and design with surrounding development; To provide for connectivity of streets and communities and reduce the dependence on automobile use by increasing the ease of and opportunity for alternative modes of travel; To implement the future development map of the county's most current comprehensive plan.
Zone overlays
I-20 OVERLAY DISTRICT TIER 3
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Library
Museum / gallery
Communications tower
Property details
Parking
Parking Information
# of Total Parking: 2
Parking Features: Unassigned
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 1
Master Bathroom Features: Double Vanity
Bedroom Information
# of Main Level Bedrooms: 2
Bedroom Features: Master on Main,Oversized Master
Interior Features
# of Fireplaces: 1
Fireplace Features: Family Room
Interior Features: Beamed Ceilings, Bookcases, Double Vanity, High Ceilings 10 ft Lower, High Ceilings 10 ft Main, High Ceilings 10 ft Upper
Window Features: Insulated Windows
Common Walls: End Unit
Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
Heating: Central, Forced Air, Hot Water, Natural Gas
Water Source: Public
Electric: 220 Volts
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available
Location
Multi-Family Information
# Of Units In Community: 1
HOA Information
Association Fee2: $190
Association Fee2 Frequency: Monthly
Association Fee Includes: Trash, Water
School Information
Elementary School: Fairington
Middle Or Junior School: Miller Grove
High School: Miller Grove
Location Information
Directions: GPS Friendly
Road Frontage Type: Private Road
Dekalb - GA
Community Information
Community Features: Homeowners Assoc, Near Marta, Near Schools, Near Shopping, Public Transportation
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,143
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1973
Year Renovated: 2012
County: DeKalb County
APN: 16 008 06 006
Home facts updated by county records on Jun 22, 2026
Around this home
Schools
Places
Transit
Fairington Elementary School
Public PreK-5 • Assigned • 2.0mi
3/10
Miller Grove Middle School
Public 6-8 • Assigned • 0.9mi
3/10
Miller Grove High School
Public 9-12 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Decatur is one of the few areas on this list where car-optional living is realistic — MARTA runs directly through downtown, and the square itself is genuinely walkable.
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...