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Closed
    • $110,000

    1301 Waldrop Pl, Decatur, GA 30034

    3beds
    1,292sqft
    Condominium, Residential
    Built in 2006
    -- sqft lot
    $101,700 Zestimate®
    $85/sqft
    $1,708 Estimated rent

    Home value

    $101,700

    $89,000 - $115,000

    $1,708/mo

    Zestimate® history
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    Rent Zestimate®

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    $780/mo

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    What's special

    Modern appliancesOpen floor planAdjacent dining areaAmple cabinetryGenerous countertop spaceTwo additional bedrooms
    Investors, take advantage of this outstanding opportunity at 1301 Waldrop Place in Decatur, GA! This home offers excellent investment potential, currently rented at $1,500 per month with a lease in place until June 1, 2025. The existing rental agreement ensures immediate cash flow, making it an ideal addition to your real estate portfolio. This well-kept 3-bedroom, 2 bathroom Condo features a practical and open floor plan designed for comfortable living. The spacious living room is perfect for relaxing or entertaining guests, while the adjacent dining area offers plenty of space for meals or gatherings. The kitchen comes equipped with modern appliances, ample cabinetry, and generous countertop space, making meal preparation a breeze. The primary bedroom features an en-suite bathroom with a tub/shower combination, providing a relaxing retreat. The two additional bedrooms are also well-sized and share another full bathroom with a similar tub/shower combo. Each room is designed to maximize comfort and functionality, making it an appealing option for tenants. Situated in a convenient location, the property is close to shopping, dining, schools, and public transportation. It's also just a short drive to major highways, making commuting to downtown Atlanta or surrounding areas easy and efficient. For investors, this property is a rare find—a fully occupied, income-generating asset with no need for immediate tenant search or property marketing. The $1,500 monthly rent provides consistent cash flow, while the long-term lease offers stability and peace of mind. As Decatur continues to be a sought-after area for renters, this property’s location and features make it a smart and solid investment choice. 1301 Waldrop Place checks all the boxes. With its prime location, steady rental income, and renter-friendly design, this home offers exceptional value for both seasoned and new investors.

    Zillow last checked:

    Listing updated:

    Listed by:

    Doris Armstrong,

    LoKation Real Estate, LLC 404-348-0420

    Bought with:

    Shaneka McAndrews, 422214

    Keller Williams Realty Signature Partners

    Source: FMLS GA,MLS#: 7465501MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Other
    Primary bedroom
    • Features: None
    • Level: None
    Bedroom
    • Features: None
    Primary bathroom
    • Features: Tub/Shower Combo
    Dining room
    • Features: Open Concept
    Kitchen
    • Features: None
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
    • Laundry: In Hall
    Features
    • Other
    • Flooring: Luxury Vinyl
    • Windows: Double Pane Windows
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 1,292
    • Total interior livable area: 1,292 sqft
    • Finished area above ground: 1,292
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Trees/Woods
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 1,001 Square Feet
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 15 071 05 009
    • Special conditions: Real Estate Owned
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: None
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: None
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Dog Park, Homeowners Assoc, Public Transportation, Park
    • Security: Fire Alarm, Smoke Detector(s)
    • Subdivision: Waldrop Park
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Structure
    • HOA fee: $225 monthly
    • HOA phone: 888-722-6669
    Location
    • Region: Decatur

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $108,000
    • Annual tax amount: $1,831
    • Date on market: 10/8/2025
    • Cumulative days on market: 7 days
    • Ownership: Condominium
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/27/2024Sold$110,000-8.3%$85/sqft
    Source: FMLS GA #7465501 Report a problem
    11/12/2024Pending sale$120,000$93/sqft
    Source: FMLS GA #7465501 Report a problem
    11/6/2024Listed for sale$120,000$93/sqft
    Source: FMLS GA #7465501 Report a problem
    10/11/2024Listing removed$120,000$93/sqft
    Source: FMLS GA #7465501 Report a problem
    10/4/2024Listed for sale$120,000+400%$93/sqft
    Source: FMLS GA #7465501 Report a problem
    6/19/2023Listing removed--
    Source: GAMLS #10162840 Report a problem
    6/17/2023Listed for rent$1,500$1/sqft
    Source: GAMLS #10162840 Report a problem
    6/16/2023Listing removed--
    Source: FMLS GA #7190656 Report a problem
    5/23/2023Price change$1,500-6.3%$1/sqft
    Source: FMLS GA #7190656 Report a problem
    5/3/2023Listed for rent$1,600$1/sqft
    Source: FMLS GA #7190656 Report a problem
    4/19/2023Listing removed--
    Source: FMLS GA #7190656 Report a problem
    3/18/2023Listed for rent$1,600+33.3%$1/sqft
    Source: FMLS GA #7190656 Report a problem
    12/8/2020Listing removed$1,200$1/sqft
    Source: PalmerHouse Properties #6805991 Report a problem
    11/9/2020Listed for rent$1,200+20%$1/sqft
    Source: PalmerHouse Properties #6805991 Report a problem
    2/12/2020Listing removed$1,000$1/sqft
    Source: Better Homes and Gardens Real Estate - Metro Brokers #8689780 Report a problem
    1/10/2020Price change$1,000-20%$1/sqft
    Source: BHGRE Metro Brokers #6642080 Report a problem
    11/6/2019Listed for rent$1,250$1/sqft
    Source: BHGRE METRO BROKERS #6642080 Report a problem
    11/15/2018Listing removed$1,250$1/sqft
    Source: BHGRE Metro Brokers #8467801 Report a problem
    10/11/2018Listed for rent$1,250+56.3%$1/sqft
    Source: BHGRE METRO BROKERS #8467801 Report a problem
    10/1/2015Listing removed$800$1/sqft
    Source: BHGRE METRO BROKERS #07525498 Report a problem
    9/21/2015Listed for rent$800$1/sqft
    Source: BHGRE METRO BROKERS #07525498 Report a problem
    7/13/2009Sold$24,000-74.9%$19/sqft
    Source: Public Record Report a problem
    2/10/2009Sold$95,497+8.6%$74/sqft
    Source: Public Record Report a problem
    8/16/2004Sold$87,900$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,943 -1.9%$43,200 -2.1%
    2024$1,982 +8.2%$44,120 +8.3%
    2023$1,831 +45.9%$40,720 +45.2%
    2022$1,255 +15.5%$28,040 +15.9%
    2021$1,086 -4.2%$24,200 -4.3%
    2020$1,134 +19%$25,280 +19.5%
    2019$953 +30.6%$21,160 +31.9%
    2018$730 -32.5%$16,040 -33.1%
    2017$1,080 -0.2%$23,960
    2016$1,083 $23,960 +69.2%
    2014$1,083 $14,160 +36.2%
    2013-- $10,400
    2012-- $10,400 -1.9%
    2011-- $10,600 -63%
    2010$1,000 +69%$28,640
    2009$592 -8.1%$28,640 -26.1%
    2008$644 -0.1%$38,760
    2007$644 +9.4%$38,760 +7.2%
    2006$589 +6.2%$36,160
    2005$555 $36,160
    Find assessor info on the county website

    Neighborhood: 30034

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Oak View - DeKalb
    • Middle: Cedar Grove
    • High: Cedar Grove

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $101,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $101,700

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