Active

$700,000

507 E Lake Dr, Decatur, GA 30030

3beds

943sqft

$5,214/mo

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Single Family Residence

Built in 1938

0.27 Acres Lot

$679,300 Zestimate^®

$742/sqft

$-- HOA

What's special

Wide level corner lotWide welcoming sidewalks

Rare opportunity to build your dream home or start your next luxury project on a wide, level corner lot in the middle of it all! Walk out your front door to the wide, welcoming sidewalks and wonderful, pedestrian friendly neighborhood of Oakhurst. Located across from the Oakhurst Park & Dog Park, walkable to the amazing restaurants and entertainment of downtown Oakhurst, the East Lake MARTA station and minutes from downtown Decatur, Kirkwood and more! Highly coveted City of Decatur schools and neighborhood magic including the annual Porchfest music festival! Being sold "as-is" ideally to be torn down and rebuilt but the property is currently occupied. Terrific opportunity for top notch Builders or Buyers looking for the perfect place to create a masterpiece!

11 days
657
39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Rooms

Room types: Family Room, Other

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Oven/Range (Combo)
Laundry: In Garage

Features

Master On Main Level
Flooring: Carpet, Other
Basement: Crawl Space
Number of fireplaces: 1

Interior area

Total structure area: 943
Total interior livable area: 943 sqft
Finished area above ground: 943
Finished area below ground: 0

Property

Parking

Parking features: Off Street

Features

Levels: One
Stories: 1

Lot

Size: 0.27 Acres
Features: Corner Lot, Level

Details

Parcel number: 15 213 03 065
Special conditions: As Is

Construction

Type & style

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

Materials

Wood Siding
Roof: Composition

Condition

Resale
New construction: No
Year built: 1938

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Available

Community & HOA

Community

Features: Park, Playground, Sidewalks, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
Subdivision: Oakhurst

HOA

Has HOA: No
Services included: None

Location

Region: Decatur

Financial & listing details

Price per square foot: $742/sqft
Tax assessed value: $434,100
Annual tax amount: $7,245
Date on market: 9/1/2026
Cumulative days on market: 11 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes

Estimated market value

$679,300

$645,000 - $713,000

$2,112/mo

Price history

Date	Event	Price
9/1/2026	Listed for sale	$700,000+1300%$742/sqft
Source: FMLS GA #7830846 Report a problem
8/24/1989	Sold	$50,000$53/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,882 +6.1%	$173,640 +6.4%
2024	$10,259 +189878.1%	$163,160 +2.3%
2023	$5 +8%	$159,560 +13%
2022	$5 -7.7%	$141,240 -0.6%
2021	$5 -95.4%	$142,080 +7.5%
2020	$119 +92.2%	$132,160 -2.5%
2019	$62 -74.1%	$135,480 +2.8%
2018	$240 -66.2%	$131,800 +0.9%
2017	$709 +3.5%	$130,680 +3.3%
2016	$685	$126,560 +31.7%
2014	$685	$96,120 +21.1%
2013	--	$79,400
2012	--	$79,400
2011	--	$79,400
2010	$369	$79,400
2009	$369 +17.9%	$79,400
2008	$313 -12.4%	$79,400
2007	$357	$79,400
2006	$357 +6.9%	$79,400 +4.9%
2005	$334 +13%	$75,680 +5.4%
2004	$295 -0.4%	$71,800
2003	$297 +104.8%	$71,800
2002	$145 +118.8%	$71,800 +15.9%
2001	$66	$61,960