NOT LISTED FOR SALE

University Tower 131 E Broad St Unit 207 Athens, GA 30601

Estimated Value: $309,544 - $375,000

1 Bed
1 Bath
640 Sq Ft
$229/mo HOA Fee

Last Sold April 29, 2022

Last sale price $260,000 $406 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,348/month

6 Days on Market

Highlights

  • Cooling Available
  • Laundry Facilities
  • Heat Pump System
  • Clarke Central High School Rated A-
  • High Speed Internet

About This Home

As of April 2022

Beautifully remodeled condo in downtown Athens that is currently operated as an Airbnb. The condo is being sold with all furnishings minus three paintings that can be purchased separately. Due to the bookings of Airbnb, this unit cannot be shown until there is a binding agreement. However, a walk-through video can be provided upon request. This unit is rented per night and most months of the year, it is leased over twenty days. There are already Airbnb bookings set up for future months. A rundown of income through the past year can be provided as well. Owner is licensed Real Estate Broker in the State Georgia.

Last Listed By

Scott Talley

5Market Realty License #277411 Listed on: 04/12/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1983

Lot Details

  • 653

HOA Fees

  • $229 Monthly HOA Fees

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Barrow Elementary School
  • Clarke Middle School
  • Clarke Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 171A7 A007

Community Details

Overview

  • Association fees include electricity, insurance, ground maintenance, trash
  • Parker And Associates Association
  • University Towers Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,587

Year Built

Built in 1983

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Directions: Located on Broad Street in Downtown Athens right across from UGA's North Campus
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Subdivision Name: University Towers
  • Architectural Style: High Rise
  • Garage Yn: No
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: See Remarks
  • Interior Amenities: High Speed Internet, None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Other, See Remarks
  • Living Area: 640.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Home Warranty: No
  • Construction Type: Other, See Remarks

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 229.0
  • Association Fee Frequency: Monthly
  • Association Name: Parker and Associates
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Insurance, Maintenance Grounds, See Remarks, Trash

Schools

  • Elementary School: Barrow Elementary
  • High School: Clarke Central
  • Middle Or Junior School: Clarke Middle

Lot Info

  • Parcel #: 171A7 A007
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2586.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Mar 16, 2021
Sold by
Jens207 Llc
Bought by
Kellyco Llc
Seller's Agent
Scott Talley
5Market Realty
Buyer's Agent
Non Member
ATHENS AREA ASSOCIATION OF REALTORS
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Total Days on Market
6
Current Estimated Value
$331,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,136
Avg. Annual Appreciation
18.57%
Original Mortgage
$185,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2011
Closed on
Jul 18, 2013
Sold by
Gaskins Kenneth David
Bought by
Jens207 Llc
Seller's Agent
Bud Tomter
Parker & Associates
Buyer's Agent
Scott Talley
Landmark Properties, Inc.
List Price
$85,000
Sold Price
$55,000
Premium/Discount to List
-$30,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Jan 15, 2010
Sold by
Gaskins K D
Bought by
Gaskins Kenneth David

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
Kellyco Llc $180,000 --
Jens207 Llc $55,000 --
Gaskins Kenneth David -- --
Gaskins Kenneth David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kellyco Llc $185,000
Previous Owner Gad Hesham $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $260,000 0.0% $406 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $259,900 +44.4% $406 / Sq Ft
03/16/2021 03/16/21 Sold $180,000 -5.2% $281 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $189,900 +245.3% $297 / Sq Ft
07/18/2013 07/18/13 Sold $55,000 -35.3% --
06/27/2013 06/27/13 Pending -- -- --
10/12/2011 10/12/11 For Sale $85,000 -- --
Source: CLASSIC MLS (Athens Area Association of REALTORS®)

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
2024 $3,291 $102,036 $5,120 $96,916
2023 $3,291 $102,036 $5,120 $96,916
2022 $2,369 $79,426 $5,120 $74,306
2021 $2,587 $74,551 $5,120 $69,431
2020 $1,370 $39,472 $5,120 $34,352
2019 $1,192 $34,120 $5,120 $29,000
2018 $1,192 $34,120 $5,120 $29,000
2017 $975 $27,900 $5,120 $22,780
2016 $975 $27,900 $5,120 $22,780
2015 $844 $24,103 $5,120 $18,983
2014 $771 $24,322 $5,120 $19,202
Source: Public Records

Agents Affiliated with this Home

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Source: CLASSIC MLS (Athens Area Association of REALTORS®)

MLS Number: 987701

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 171A7-A-007