East Lake Terrace Fixer Upper! Discover the exceptional potential of this East Lake area fixer-upper offered at $169,900! Perfectly positioned just one block from the world-renowned East Lake Golf Club, home of the PGA Tour Championship, this investment offers an unparalleled chance to capitalize on one of Atlanta's most rapidly appreciating neighborhoods.The home sits on a desirable, level lot surrounded by beautiful, established residences and is just steps away from the fairways. Furthermore, it's just a few blocks away from the Candler Crossing Development at Glenwood and Candler, a $28.9 million revitalization project. This major development will feature a new Publix, a renovated MARTA stop, and is projected to open in 2027, promising significant appreciation and lifestyle enhancements for the area. Check out the surrounding renovated comps and new construction sale prices. There are multiple exit strategies for this deal. Buy, fix and add to your rental portfolio (ARVs: $200,000 to $275,000), renovate and flip/renovate with additional square footage and flip (ARVs: Mid-$300,000 to Mid-$500,000) or do a build new ($600,000 to $1,400,000)! See attached documents including a foundation inspection and a quote for foundation repair and a rental grade rehab. Please do your due diligence (inspections, contractor estimates and capital expenditure budget) prior to submitting an offer to eliminate the due diligence period.
Active
$169,900
500 Allendale Dr, Decatur, GA 30032
3beds
981sqft
Est.:
Single Family Residence
Built in 1949
0.25 Acres Lot
$170,700 Zestimate®
$173/sqft
$-- HOA
What's special
Desirable level lot
- 7 days |
- 622 |
- 43 |
Zillow last checked: 8 hours ago
Listing updated: February 11, 2026 at 01:25pm
Listed by:
Kathleen Levy 470-690-7786,
Keller Williams Realty,
Brandon Beamer 470-613-2334,
Keller Williams Realty
Source: GAMLS,MLS#: 10687060
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Rooms
- Room types: Other
Heating
- Central, Natural Gas, Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Oven/Range (Combo), Gas Water Heater
- Laundry: In Kitchen, Laundry Closet
Features
- Roommate Plan
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 981
- Total interior livable area: 981 sqft
- Finished area above ground: 981
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Kitchen Level
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Garden
- Body of water: None
Lot
- Size: 0.25 Acres
- Features: Level
Details
- Parcel number: 15 171 21 005
- Special conditions: Investor Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding, Block
- Foundation: Block
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Golf, Park, Street Lights, Near Public Transport, Walk To Schools, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: East Lake Terrace
HOA
- Has HOA: No
- Services included: None
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $210,500
- Annual tax amount: $4,135
- Date on market: 2/6/2026
- Cumulative days on market: 7 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan,Other
- Electric utility on property: Yes
Estimated market value
$170,700
$162,000 - $179,000
$1,569/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $169,900-82.6%$173/sqft |
Source: | ||
| 1/18/2020 | Listing removed | $925$1/sqft |
Source: Intouch Properties #6585896 Report a problem | ||
| 11/1/2019 | Price change | $925-5.1%$1/sqft |
Source: Intouch Properties #6585896 Report a problem | ||
| 9/13/2019 | Price change | $975-11.4%$1/sqft |
Source: Intouch Properties #6585896 Report a problem | ||
| 7/13/2019 | Listed for rent | $1,100+4.8%$1/sqft |
Source: InTouch Properties #8621287 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,135 +0.1% | $84,200 |
| 2024 | $4,132 +1.3% | $84,200 |
| 2023 | $4,078 +34.4% | $84,200 +37.3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$857/mo
Principal & interest
$659
Property taxes
$139
Home insurance
$59
Climate risks
Neighborhood: Candler-Mcafee
Nearby schools
GreatSchools rating
- 4/10Ronald E McNair Discover Learning Academy Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10McNair Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Mcnair High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Ronald E McNair
- Middle: Mcnair
- High: Mcnair
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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