Active

$230,000

1987 Merle Cir, Decatur, GA 30032

2beds

1,040sqft

Est.:

Single Family Residence

Built in 1950

0.25 Acres Lot

$223,400 Zestimate^®

$221/sqft

$-- HOA

What's special

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

24 days

194

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Other

Heating

Central

Cooling

Central Air

Appliances

Included: Oven/Range (Combo)
Laundry: Other

Features

Other
Flooring: Other
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,040
Total interior livable area: 1,040 sqft
Finished area above ground: 1,040
Finished area below ground: 0

Property

Parking

Parking features: Parking Pad
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 0.25 Acres
Features: Other

Details

Parcel number: 15 170 06 038

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick
Roof: Other

Condition

Resale
New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available

Community & HOA

Community

Features: None
Subdivision: None

HOA

Has HOA: No
Services included: None

Location

Region: Decatur

Financial & listing details

Price per square foot: $221/sqft
Tax assessed value: $212,500
Annual tax amount: $3,713
Date on market: 3/6/2026
Cumulative days on market: 24 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

$223,400

$212,000 - $235,000

$1,430/mo

Price history

Date	Event	Price
3/6/2026	Listed for sale	$230,000+489.7%$221/sqft
Source: GAMLS #10704661 Report a problem
3/10/1986	Sold	$39,000$38/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,166 +0.1%	$85,000
2024	$4,163 +1.3%	$85,000
2023	$4,109 +27%	$85,000 +28.8%
2022	$3,236 +10.9%	$66,000 +12.3%
2021	$2,918 +19.7%	$58,760 +22.9%
2020	$2,437 -0.6%	$47,800 -0.7%
2019	$2,453 +32.8%	$48,160 +40.5%
2018	$1,847 -0.9%	$34,280 +2.3%
2017	$1,863 +16.9%	$33,520 +18%
2016	$1,594	$28,400 +149.1%
2014	$1,594	$11,400 +53.2%
2013	--	$7,440 -1.1%
2012	--	$7,520 -14.4%
2011	--	$8,784 -69.8%
2010	$1,506	$29,120
2009	$1,506 -19.2%	$29,120 -25.3%
2008	$1,864 +0.2%	$38,960
2007	$1,860	$38,960
2006	$1,860 +8.9%	$38,960 +6.2%
2005	$1,708 +12.1%	$36,680 +14.9%
2004	$1,524 +3%	$31,920
2003	$1,479 +11.5%	$31,920 +11.1%
2002	$1,327 +33.9%	$28,720 +9.8%
2001	$990	$26,160