Rare opportunity in the City of Decatur, where renovated and newly built homes regularly command seven-figure prices. Situated on an expansive ½-acre private lot, 424 E Pharr Road offers exceptional potential for renovation, expansion, or new construction in one of Decatur’s most desirable locations. This solid, well-maintained original home is ready for its next chapter and features 3 bedrooms, 2 full bathrooms, one of which is a tub and shower combination, and traditional living spaces filled with possibility. The separate living room is anchored by a fireplace, creating an inviting gathering space with timeless character ready to be reimagined. One of the property’s standout features is the full unfinished walkout basement with both interior and exterior access. Currently housing the laundry area, this versatile space offers tremendous potential for future finished living space, additional bedrooms, recreation areas, home office, guest suite, or expanded storage. The generous and expansive lot presents a compelling opportunity for homeowners, investors or builders seeking a prime homesite in the City of Decatur school district. Buyers should verify zoning, setbacks and development possibilities to determine suitability for renovation, expansion or new construction. Enjoy an unbeatable location just minutes from Downtown Decatur, Agnes Scott College, Emory University, CDC, parks, restaurants, shopping, and major interstates. Opportunities with this much land, location, and potential are increasingly rare. No sign. Please do not disturb occupants. Estate owned, sold AS IS and shown by appointment only.
Single-familyProperty Type
1953Year Built
0.5 acresLot Size
$398Price/Sq.Ft.
1 spaceParking
Listed by Angela Carpinella• Keller Williams Realty Peachtree Rd.
College Heights, located between Agnes Scott College and Downtown Decatur, is a residential and academic Decatur neighborhood with leafy sidewalks and early-20th-century architecture. The neighborhood’s character concentrates around the Agnes Scott College quad along E College Ave, where brick academic halls, shaded lawns, and steady foot traffic set a collegiate cadence. Craftsman bungalows and classic brick homes line calm streets, with pocket greens and front-porch streetscapes shaping the daily rhythm. Agnes Scott College anchors the area’s cultural calendar, while nearby Decatur Square adds independent flavor through Eddie’s Attic and the Decatur Book Festival. MARTA rail at Decatur Station links the neighborhood to the wider metro without changing its quiet, walkable feel.
Provided by Walk Score and Local Logic
Market insights
424 E Pharr Rd · $599,000
DAYS ON MARKET
89 days
The average home goes pending in 43 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
LIST PRICE
$599,000
Median list price in this area is $371,014. (38% lower than this home)
PRICE DROP
2 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in bookcases
Disappearing attic stairs
9-foot ceilings on main level
Two fireplaces (one in family room, one in basement)
No shared/common walls
Den, Family Room, Living Room, Office
Bedrooms
Three main-level bedrooms
Primary suite on main level
Roommate floor plan
Bathrooms
Two full bathrooms
Master bathroom with shower (no tub)
Kitchen
Eat-in kitchen with view to family room
Keeping room
Stained cabinets
Laminate countertops
Pantry
Dishwasher
Electric range
Microwave
Refrigerator
Garbage disposal
Laundry & utility
Laundry located in lower level/basement
Flooring
Hardwood
Carpet
Ceramic tile
Heating & cooling
Central heating (natural gas)
Central air conditioning
Gas water heater
Exterior features
Private yard
Private entrance
Front porch and patio
Rain gutters
Back yard fencing (chain link)
Accessible approach with ramp
Home design
One-level living
Attached property
Resale condition
Parking
Carport (1 space)
Driveway with level access
On-street parking available
Open parking available
Construction
Brick 4 sides construction
Block foundation
Asbestos shingle / composition / shingle roof
Utilities
Public water
Public sewer
Electric service available
Natural gas available
Cable available
HOA & community
Association fees assessed annually
Other
Located near public transportation, schools, shopping, parks, playgrounds, restaurants and street lights
Paved city street frontage
Directions: please use GPS
Electricity and solar
View estimated energy costs and solar savings for this home
Rare opportunity in the City of Decatur, where renovated and newly built homes regularly command seven-figure prices! Situated on an expansive 1/2-acre private lot, 424 E Pharr Road offers exceptional potential for renovation, expansion or new construction in the Dearborn Park neighborhood. This solid, well-maintained original home is ready for its next chapter and features 3 bedrooms, 2 full bathrooms, one of which is a tub and shower combination, and traditional living spaces filled with possibility. The separate living room is anchored by a fireplace, creating an inviting gathering space with timeless character ready to be reimagined. One of the property's standout features is the full unfinished walkout basement with both interior and exterior access. Currently housing the laundry area, this versatile space offers tremendous potential for future finished living space, additional bedrooms, recreation areas, home office, guest suite or expanded storage. The generous and expansive lot presents a compelling opportunity for homeowners, investors or builders seeking a prime homesite in the City of Decatur school district. Buyers should verify zoning, setbacks and development possibilities to determine suitability for renovation, expansion or new construction. Enjoy an unbeatable location just minutes from Downtown Decatur, Agnes Scott College, Emory University, CDC, parks, restaurants, shopping and major interstates. Opportunities with this much land, location and potential are increasingly rare. No sign. Please do not disturb occupants. Estate owned, sold AS IS and shown by appointment only.
FMLS #7777883
Jul 2, 2026
Price Changed
$599,000
$398/sq ft
Jun 7, 2026
Price Changed
$625,000
$415/sq ft
May 28, 2026
Listed
$650,000
$432/sq ft
GAMLS #8520411
Apr 22, 2019
Listing Removed
—
Feb 19, 2019
Price Changed
$475,000
$315/sq ft
Feb 1, 2019
Listed
$495,000
$329/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,611 (+18.6%)
$113,840 + $98,520
$212,360
2024
$3,045 (−50.2%)
$113,840 + $98,520
$212,360
2023
$6,115 (+94.5%)
$113,840 + $84,920
$198,760
2022
$3,144 (−41.6%)
$60,720 + $105,760
$166,480
2021
$5,387 (+62.3%)
$30,160 + $125,400
$155,560
2020
$3,320 (+15.9%)
$30,160 + $125,400
$155,560
2019
$2,865 (+0.3%)
$30,160 + $132,520
$162,680
2018
$2,855 (−4.2%)
$30,160 + $126,680
$156,840
2017
$2,980 (−15.0%)
$30,160 + $126,680
$156,840
2016
$3,508 (+30.3%)
$30,160 + $110,400
$140,560
2014
$2,692 (+0.6%)
$30,160 + $107,320
$137,480
2013
$2,676 (+460.4%)
$30,160 + $70,520
$100,680
2012
$478 (−83.8%)
$75,520 + $25,160
$100,680
2011
$2,952 (+556.1%)
$46,840 + $58,080
$104,920
2010
$450 (+15.3%)
$46,840 + $58,080
$104,920
2008
$390
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
1993
Finished Sq. Ft.
1,506
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,506
Year built
1953
Style
Single Family Residential
County
DeKalb County
APN
15 202 13 061
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
R-60
Single-Family Residential District
The purpose of this district is to provide for single-family residential development with a minimum lot size of 9,000 sq ft with such public buildings, schools, places of worship, public recreational facilities and accessory uses as may be necessary or are normally compatible with such surroundings. The district is located to protect existing developments of this character.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Infrastructure
Educational/school
Fire house
Police station
Public service-Other
Recreation
Park & open space
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...