When was property at 2587 Flat Shoals Road built and last sold?

The property at 2587 Flat Shoals Road was built in 1906 and last sold on Jun 6, 2023 for $112,999.

How much is this home worth?

The estimated value of the home located at 2587 Flat Shoals Road is $85,345.

What are some comparable homes to 2587 Flat Shoals Road?

There are currently no comparable homes to 2587 Flat Shoals Road.

Gresham Park

30034

2587 Flat Shoals Rd

1 / 12

Map

$100,434*

● House - Off Market

2587 Flat Shoals Rd

Decatur, GA 30034

1 Bed

1 Bath

$80,000 - $90,000

Reference Base Price*

18.86%

Since Nov 1, 2021

GA-Atlanta

Primary Model

Sold Jul 07, 2023

$112,999

Paces Funding Llc

Buyer

Valid Investments Llc

Seller

Sold Mar 02, 2021

$85,000

Valid Investments Llc

Buyer

Jackson Jerry

Seller

$234,600 by Paces Funding

Mortgage Due Jan 01, 2022

About This Property

Built in 1906 this is one of the oldest homes in the area. Several scenarios fit this property including adding it to your Airbnb / Income property portfolio, making it your personal home or tearing down and building new. Quite a few new constructions are going up along Flat Shoals including next door. 163 ft of road frontage and the DeKalb County Sidewalks project was just completed including a concrete U-shaped drive and extensive granite wall along the property. Lot is mostly fenced. Close to The East Atlanta Village and East Lake.

Unit Size

Days on Market

Land Size

0.36 acres

Price per sqft

Property Type

House

Property Taxes

$45

HOA Dues

Year Built

1906

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Mar 2, 2021	Sold	$85,000
Sold
Jan 21, 2021	In contract	-
In contract
Jan 11, 2021	Listed	$84,500
Listed
Apr 7, 2020	No longer available	-
No longer available
Jan 22, 2020	No longer available	-
No longer available
Jan 20, 2020	Listed	$98,500
Listed

	The lot next door has sold and a new home is being built. Located near I-20 and Flat Shoals Rd this property offers the largest amount of frontage in the area at 163 ft. Potential commercial or ripe for a custom home build. Possible assemblage. Home on property built in 1906. New appliances. Storage shed. . 2 curb cuts with U-shaped drive. Will entertain offers. Origins Real Estate of Georgia
Oct 31, 2019	Price Decreased	$98,500 ↓ $6K (5.7%)
Price Decreased
Oct 21, 2019	No longer available	-
No longer available
Oct 19, 2019	Listed	$104,500
Listed

	The lot next door has sold and a new home is being built. Located near I-20 and Flat Shoals Rd this property offers the largest amount of frontage in the area at 163 ft. Potential commercial or ripe for a custom home build. Possible assemblage. Home on property built in 1906. New appliances. Storage shed. . 2 curb cuts with U-shaped drive. Will entertain offers. Origins Real Estate of Georgia
Oct 11, 2019	Price Decreased	$104,500 ↓ $5K (4.6%)
Price Decreased
Sep 29, 2019	Price Decreased	$109,500 ↓ $10K (8.4%)
Price Decreased
Sep 15, 2019	Price Decreased	$119,500 ↓ $8K (6.3%)
Price Decreased
Aug 29, 2019	Price Decreased	$127,500 ↓ $7K (5.2%)
Price Decreased
Aug 15, 2019	Price Decreased	$134,500 ↓ $18K (11.5%)
Price Decreased
Jul 18, 2019	Listed	$152,000
Listed

	The lot next door has sold and a new home is being built. Located near I-20 and Flat Shoals Rd this property offers the largest amount of frontage in the area at 163 ft. Potential commercial or ripe for a custom home build. Possible assemblage. Home on property built in 1906. New appliances. Storage shed. . 2 curb cuts with U-shaped drive. Will entertain offers. Origins Real Estate of Georgia

Property Highlights

Building Info

Overview

General

Year Built: 1906

Effective Year Built: 1906
Total Rooms: 4
Bedroom Count: 1
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 5
Building Condition: Average
Building Quality: C-
Construction Type: Frame
Building Style: Ranch/Rambler
Exterior Walls Type: Wood
Interior Walls Type: Plaster
Roof Shape Type: Gable or hip
Floor Count: 1
Living Units: 1
Basement Area: 0
Garage Type: Carport
Garage Square Area: 140
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 15,682

Lot Size Depth Feet: 1,760
Lot Size Frontage Feet: 1,000
Total Building Area: 592
Building Area: 592
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Central air conditioning

Heating: None
Heated Square Feet: 592
Heating Fuel Type: Gas

Utilities

Sewer System: Septic

Water Service: unknown

Building

Property Class: Residential

Subdivision: RL EZELLS PROPERTY
Land Acres: 0.36
Standard Land Use Code: Single family residential

Ownership

Current Owner : PACES FUNDING LLC

Previous Owner : VALID INVESTMENTS LLC
Owner Before Previous Owner: JACKSON JERRY
Current Owner Is a Corporation Indicator: Yes
Vacant Flag: Address Standardization Based
Vacant Flag Date: Feb 14, 2024

Neighborhood

School District Name: DeKalb County School District

Census Tract: 023803

Zoning

Zoning: R75

Geography

Parcel: 15 117 01 039

Municipality: UNINCORPORATED
Latitude: 33.7129
Longitude: -84.3048

Address

Full Address: 2587 Flat Shoals Rd

Address - House Number: 2587
Address - Street Name: Flat Shoals
Address - Suffix Type: Rd
State: GA
City Name: Decatur
Carrier Code: C004
4-Digit Zip Code: 1031
Zip Code: 30034

Valuation

Tax

Tax Year: 2023

Tax Amount: $3,398
Intital Tax Deliquent Year: 2021
Tax Rate Code Area: 04

Appraisal Valuation

Standard Deviation: 0.0923

Valuation Date: Apr 03, 2024
Confidence Score: 91
Final Value: 121,277
High Value: 132,482
Low Value: 110,072

Market Valuation

Market Total Value: $173,400

Market Land Value: $58,800
Market Improvement Value: $114,600

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $69,360
Assessed Land Value: $23,520
Assessed Improvements Value: $45,840

Sales

Current Sale Contract Date: Jun 06, 2023

Current Sale Recording Date: Jul 07, 2023
Current Sale Transaction ID: 11922628619
Current Sale Price: $112,999
Current Sale Document Type: Warranty Deed
Previous Sale Recording Date: Mar 02, 2021
Previous Sale Contract Date: Mar 02, 2021
Previous Sale Amount: $85,000
Previous Sale Document Type: Warranty Deed

Previous Mortgages

Previous Mortgage Lender: PACES FUNDING

Previous Mortgage Transaction Date: Mar 02, 2021
Previous Mortgage Loan Amount: $234,600
Previous Mortgage Term: 8
Previous Mortgage Loan Type: New Conventional
Previous Mortgage Loan Due Date: Jan 01, 2022

Redact Ownership Info

Comparables

About Gresham Park

Stats & Trends

Median Asking:

$347,000

Sale Price/ft²

$205

Below Asking

0.02%

Average Days on Market

Average Home Size

1453 ft²

Average Home Age

54.3 years

Currently For Sale

47 Listings

Similar Homes for Sale

Currently no similar homes around

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2 Baths
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2 Baths
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2587 Flat Shoals Rd

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Gresham Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions