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2505 Terrace Trail

2505 Terrace Trail, Decatur, GA 30035
Property in DeKalb
Sold Aug 29, 2022
$50,000
Sold Aug 22, 2003
$40,000
$38,000 by Bank Of America
Mortgage Due Jul 28, 2033
2505 Terrace Trail in Decatur, GA was first built in 1973 and is 51 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2505 Terrace Trail has 1,594 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 190 ft and the linear feet between the front and back of the lot is 610. In total, the area measurement of the land is 1,159 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 25, 2022 for $50,000. That's $31.37 per sqft. Prior to that sales transaction, the property was also sold in Jul 28, 2003 for $40,000. 2505 Terrace Trail was last assessed in 2023. The total value of the property was assessed at $17,840. Specifically, the land the property is located on was valued at $1,600. While improvements on the property were assessed at a total of $16,240. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $829. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

Assigned Parking
Parking Lot
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,159
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 190
  • Total Building Area: 1,594
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERACES
  • Land Acres: 0.026
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : NASAJPOUR HABIB DAVID
  • Previous Owner : WHITE VINCENT R
  • Owner Before Previous Owner: DEPONTE CONSTANCE M

Neighborhood

  • School District Name: DeKalb County School District
  • Census Tract: 023214

Zoning

  • Zoning: RM100

Geography

  • Parcel: 16 008 06 004
  • Municipality: UNINCORPORATED
  • Latitude: 33.7135
  • Longitude: -84.1918

    Address

  • Full Address: 2505 Terrace Trl
  • Address - House Number: 2505
  • Address - Street Name: Terrace
  • Address - Suffix Type: Trl
  • State: GA
  • City Name: Decatur
  • Carrier Code: C012
  • 4-Digit Zip Code: 3513
  • Zip Code: 30035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 04

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 89,132
  • High Value: 108,748
  • Low Value: 69,515

    Market Valuation

  • Market Total Value: $44,600
  • Market Land Value: $4,000
  • Market Improvement Value: $40,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,840
  • Assessed Land Value: $1,600
  • Assessed Improvements Value: $16,240

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895608044
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-021613
  • Previous Sale Recording Date: Aug 22, 2003
  • Previous Sale Contract Date: Jul 28, 2003
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Aug 22, 2003
  • Previous Mortgage Loan Amount: $38,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 28, 2033

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Frequently Asked Questions

What neighborhood is 2505 Terrace Trail located in?
The 2505 Terrace Trail is a located in the neighborhood of DeKalb in DeKalb, Decatur.
What is the average sales price for listings in 2505 Terrace Trail?
The average sales price for units in 2505 Terrace Trail is $0 currently.

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