$221,000
SOLD AUG 6, 2021

University Tower 131 E Broad St Unit 309 Athens, GA 30601

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

Recently Sold

$345 Per Sq Ft

15% Below List Price

173 Days on Market

Highlights

  • Tile Flooring
  • Clarke Central High School Rated A-
  • Heating Available

About This Home

As of July 2024

Location, Location, Location on this terriffic investment property. Own a piece of Downtown Athens! Completely renovated 1 bedroom/ 1 bath Condo in Downtown Athens. University Towers is located right across the street from UGA and Athens bus transport and The Arch, giving owners transportation to classes or work on those rainy and cold days. This condo is the trifecta: Use it on Gamedays/weekend getaways, Rent it out for income producing property or VRBO/Airbnb, Live in it for walking to classes and downtown convenience and nightlife. Condo has been completely renovated with all new high end upgrades including Custom Built Cabinets, Tile Flooring throughout, New Paint, New Solid Core Doors, All New Fixtures, Faucets, Lighting, Granite Counters, Tiled Backsplash, Fingerprint Resistant Black GE Stainless Appliances, Tiled Walk in Shower with Cast Iron Base, Bar Nook, Pantry, Locking Owner's Closet, New Heat & Air Unit. Keyed Entry Acess to building provides a safe and secure living environment. New entryway and lobby currently under construction. Target Store with fresh market on first floor for ultimate convenience . Owner/agent. This unit is move in ready.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1983

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Additional Features

  • Exterior Lighting
  • Heating Available

Community Details

  • University Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171A7 B009

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,370

Year Built

Built in 1983

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1983
  • Subdivision Name: University Towers
  • Above Grade Finished Sq Ft: 640.0
  • Reso Flooring: Tile
  • Reso Interior Features: Ceiling Fan(s), Pantry
  • Tax Year: 2020
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Concrete
  • Exterior Features: Landscape Lights
  • Foundation Details: Slab

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 229.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Parcel Number: 171A7 B009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1370.0

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 8, 2024
Sold by
Twin Capital Holdings Llc
Bought by
Arthur Leslie Michelle and Arthur Michael W
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Views
120
Current Estimated Value
$376,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,594
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 5, 2023
Sold by
Denney Robert L
Bought by
Twin Capital Holdings Llc
List Price
$294,900
Sold Price
$298,700
Premium/Discount to List
$3,800
1.29%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
Original Mortgage
$193,247
Interest Rate
6.73%
Mortgage Type
Mortgage Modification

Purchase Details

Listed on
Jan 15, 2021
Closed on
Aug 6, 2021
Sold by
New Leaf Georgia Llc
Bought by
Denney Robert L and Denney Melissa S
List Price
$259,000
Sold Price
$221,000
Premium/Discount to List
-$38,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.90%

Purchase Details

Closed on
Jul 12, 2019
Sold by
Pulliam Bryan M
Bought by
New Leaf Georgia Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $365,000 --
Warranty Deed $298,700 --
Warranty Deed $221,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $193,247 Mortgage Modification
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $365,000 -2.6% --
06/08/2024 06/08/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $374,900 +25.5% --
04/05/2023 04/05/23 Sold $298,700 +1.3% --
03/08/2023 03/08/23 For Sale $294,900 +33.4% --
08/06/2021 08/06/21 Sold $221,000 -14.7% $345 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $259,000 -- $405 / Sq Ft
Source: Savannah Multi-List Corporation

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 $3,853 $120,371 $5,120 $115,251
2023 $3,853 $102,036 $5,120 $96,916
2022 $2,613 $79,426 $5,120 $74,306
2021 $2,855 $82,266 $5,120 $77,146
2020 $1,388 $43,289 $5,120 $38,169
2019 $1,446 $41,370 $5,120 $36,250
2018 $1,446 $41,370 $5,120 $36,250
2017 $1,174 $33,595 $5,120 $28,475
2016 $1,174 $33,595 $5,120 $28,475
2015 $1,010 $28,849 $5,120 $23,729
2014 $1,021 $29,122 $5,120 $24,002
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM979209

Savannah Multi-List Corporation

APN: 171A7-B-009