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
Active
Price cut: $15K (4/11)
$215,000
1987 Merle Cir, Decatur, GA 30032
2beds
1,040sqft
Single Family Residence
Built in 1950
0.25 Acres Lot
$208,100 Zestimate®
$207/sqft
$-- HOA
What's special
- 99 days |
- 195 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Fuentes 804-232-2672,
Keller Williams West Atlanta
Source: GAMLS,MLS#: 10704661
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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: $207/sqft
- Tax assessed value: $212,500
- Annual tax amount: $3,713
- Date on market: 3/6/2026
- Cumulative days on market: 99 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
$208,100
$198,000 - $219,000
$1,546/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Price change | $215,000-6.5%$207/sqft |
Source:  GAMLS #10704661 Report a problem | ||
| 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 | $26,160 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Candler-Mcafee
Nearby schools
GreatSchools rating
- 3/10Toney Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Columbia Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10Columbia High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Toney
- Middle: Columbia
- High: Columbia
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Dekalb County
- Decatur
- 30032
- Candler-Mcafee
- 1987 Merle Cir
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