Pending27 days listed

2501 Terrace Trail, Decatur, GA 30035

  • 5bd
  • 3ba
  • 2,223SF
  • 0.03ac lot

CondoTerraces

List price

$175,400

$79/SF list

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FMLS IDXFMLS #7846422 · Listing Provided By Covenant Realty, Inc. · 404-475-2670 · Listing agent Lee Nicholson

Location

2501 Terrace Trail, Decatur GA 30035

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About this home

Spacious 5BR/3BA end-unit condo featuring 2 stories plus a finished basement with plenty of flexible living space. The main level offers 2 bedrooms and 1 full bath, kitchen, laundry area, and a generous living space. Upstairs features 3 additional bedrooms, 2 full baths, and another spacious living area highlighted by dramatic vaulted wood ceilings, exposed beams, and abundant natural light. The finished basement provides additional flex space, including areas suitable for an office, exercise room, storage, and more. Additional features include a fireplace, hardwood and tile flooring, and outdoor deck/patio space. Convenient Decatur location with access to shopping, dining, I-20, I-285, and Metro Atlanta. The photos have been generated with AI to show potential after items are removed. We have a new investor loan program with great rates and terms, contact us to learn more, and we can get you approved in 24 hours. This property is being sold as-is. Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. Do not use ShowingTime. The agent is ONLY transactional. Please refer to private remarks for showing instructions. 3D Matterport tour available.

How this list price compares in Decatur

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Condo
Status
Pending
Bedrooms
5
Full baths
3
Living area
2,223 SF
Lot size
0.03 acres
Year built
1973
Levels
Two
Main-level bedrooms
2
Parking
Unassigned
Basement
Exterior Entry, Finished, Full, Walk-Out Access
Style
Townhouse
Construction
Wood Siding
Roof
Composition
Flooring
Hardwood, Tile
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator
Lot
Corner Lot, Cul-De-Sac
Community
Barbecue, Near Schools, Near Shopping
HOA
$250 monthly
Annual tax
$3,212 (2025)
County
DeKalb

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $175,400 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$1,793/mo

Principal and interest
$1,084
Property tax
$268
Home insurance
$125
Mortgage insurance
$66
HOA dues
$250
Loan amount
$157,860
Cash down
$17,540

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Covenant Realty, Inc., so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Pending) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Decatur?

See the similar homes section on this page, or browse all homes for sale in Decatur, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

Other property types for sale

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