NOT LISTED FOR SALE

Renaissance Lofts 120 Ralph McGill Blvd NE Unit 511 Atlanta, GA 30308

SoNo Neighborhood

Estimated Value: $212,361 - $286,000

1 Bed
1 Bath
809 Sq Ft
$391/mo HOA Fee

Last Sold April 12, 2018

Last sale price $182,000 $225 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,879/month

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • City View
  • Midtown High School Rated A+
  • Gated Community
  • Property is walking distance to MARTA

About This Home

As of April 2018

Awesome Corner Unit industrial-style loft in the O4W / Downtown area. Best floorplan in the building with skyline views has hardwood floors, granite counters, upgraded kitchen with all appliances. Low monthly utilities, gated covered parking, Olympic-sized pool, 24-hour concierge, business center. Walk to shopping, dining & entertainment. Just a quick walk to the Beltline! FHA-approved building. Act Fast.

Last Agent to Sell the Property

MICHAEL GRAY

Atlanta Communities License #262924 Listed on: 02/26/2018

Atlanta Communities

Last Buyer's Agent

Gabriel Jefferson

NOT A VALID MEMBER License #377856

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,851

Year Built

  • Built in 1974

Lot Details

  • 828

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 809 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Great Room
  • Open-Concept Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Security Gate
  • Intercom

Parking

  • 1 Parking Space
  • Covered Parking
  • Assigned Parking

Location

  • Property is walking distance to MARTA
  • Property is near shops
  • Property is near the Beltline

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Outdoor Gas Grill
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 14 005000150557

Community Details

Overview

  • 186 Units
  • Renaissance Lofts Condo Association
  • Secondary HOA Phone (404) 888-0900
  • High-Rise Condominium
  • Renaissance Lofts Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Amenities

  • Business Center
  • Meeting Room

Recreation

Security

  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,851

Year Built

Built in 1974

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: High Rise (6 or more stories), Loft, Traditional
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 1974
  • Accessibility Features: Accessible Entrance
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Elevator, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Great Room - 1 Story
  • Dining Room Features: Open Concept
  • Square Footage: 809.00

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof Type: Tar/Gravel
  • Exterior Features: Gas Grill
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Covered

Utilities

  • Security: Fire Sprinkler System, Intercom, Key Card Entry, Security Gate
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Door person, Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Business Center, Fitness Center, Gated, Homeowners Assoc, Meeting Room, Near Beltline, Near Marta, Near Shopping, Pool
  • Association Fee: 391
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Management Company Email: Property.manager@renlofts.com
  • Management Phone: 404-888-0900
  • Subdivision Complex: Renaissance Lofts

Association/Amenities

  • Number Of Units In Community: 186
  • Management Company: Renaissance Lofts Condo

Schools

  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Deed Book: 39063
  • Deed Page: 165
  • Parcel Number: 14 005000150557
  • Property Attached Yn: Yes

Tax Info

  • Taxes: 79.00
  • Assessor Parcel Number: 14-0050-0015-055-7
  • Close Date: 2018-04-12
  • Tax Year: 2017

MLS Schools

  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 12, 2018
Sold by
Hales Gary L
Bought by
Rahali Nadia
Seller's Agent
MICHAEL GRAY
Atlanta Communities
Buyer's Agent
Gabriel Jefferson
NOT A VALID MEMBER
List Price
$187,000
Sold Price
$182,000
Premium/Discount to List
-$5,000
-2.67%
Current Estimated Value
$236,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,590
Avg. Annual Appreciation
3.99%
Original Mortgage
$176,540
Outstanding Balance
$152,794
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$90,947

Purchase Details

Closed on
Apr 27, 2000
Sold by
Renaissance Lofts Partners Llc
Bought by
Hales Garry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
8.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rahali Nadia $182,000 --
Hales Garry L $145,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahali Nadia $176,540
Previous Owner Hales Garry L $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $182,000 -2.7% $225 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $187,000 -- $231 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,851 $89,360 $13,760 $75,600
2023 $3,700 $89,360 $13,760 $75,600
2022 $3,110 $76,840 $9,960 $66,880
2021 $3,022 $74,600 $9,680 $64,920
2020 $3,020 $73,720 $9,560 $64,160
2019 $117 $65,680 $8,960 $56,720
2018 $929 $50,920 $5,080 $45,840
2017 $78 $30,600 $3,440 $27,160
2016 $79 $30,600 $3,440 $27,160
2015 $116 $30,600 $3,440 $27,160
2014 $38 $22,760 $4,160 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5970137

First Multiple Listing Service (FMLS)

APN: 14-0050-0015-055-7