NOT LISTED FOR SALE

University Tower 131 E Broad St Unit 505 Athens, GA 30601

Estimated Value: $327,469 - $381,000

1 Bed
1 Bath
724 Sq Ft
$257/mo HOA Fee

Last Sold December 22, 2022

Last sale price $270,000 $373 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,585/month

59 Days on Market

Highlights

  • Solid Surface Countertops
  • Cooling Available
  • Laundry Facilities
  • Clarke Central High School Rated A-
  • Luxury Vinyl Plank Tile Flooring
  • High Speed Internet

About This Home

As of December 2022

Airbnb Condo For Sale in Athens GA. This unit is a one bedroom and one bath unit with upgrades to the kitchen, bath, and flooring. This unit also features a private laundry which is not offered in many other units. This property is being sold with all furnishings except the tall mirror. The current owner has a few more weekends obligated to Airbnb guests, but this can become owner occupied as well. No showings until Monday Oct. 17th due to nightly rentals. No Seller disclosure but HOA form is on file. Agents please read access instructions carefully. Walk through video can be provided upon request.

Last Agent to Sell the Property

Scott Talley

5Market Realty License #277411 Listed on: 10/13/2022

Last Buyer's Agent

Dean Weaver

Keller Williams Greater Athens License #372085

Keller Williams Greater Athens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1983

Lot Details

  • 741

HOA Fees

  • $257 Monthly HOA Fees

Interior Spaces

  • 724 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

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 D005

Community Details

Overview

  • Association fees include common area maintenance, insurance, trash
  • Compass Management Association
  • University Towers Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,092

Year Built

Built in 1983

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Attribution Contact: 706-850-4636
  • 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: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: High Speed Internet, None, Other, See Remarks, Solid Surface Counters
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Living Area: 724.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Type: Other, See Remarks
  • Foundation Details: None
  • Other Structures: None

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: 257.0
  • Association Fee Frequency: Monthly
  • Association Name: Compass Management
  • Association: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, See Remarks, Trash

Schools

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

Lot Info

  • Parcel #: 171A7 D005
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3091.81

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 5, 2022
Sold by
Classic Cherokee Partners Llc
Bought by
Bang Bobby
Seller's Agent
Scott Talley
5Market Realty
Buyer's Agent
Scott Talley
5Market Realty
List Price
$250,000
Sold Price
$250,000
Total Days on Market
59
Current Estimated Value
$356,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,230
Avg. Annual Appreciation
11.98%
Original Mortgage
$187,500
Outstanding Balance
$178,160
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$177,707

Purchase Details

Closed on
May 18, 2018
Sold by
Hodge Jason
Bought by
Classic Cherokee Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1999
Sold by
Blum Georgann D Mrs
Bought by
Mauriello Keith A
Source: Public Records

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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
Bang Bobby $250,000 --
Classic Cherokee Partners Llc -- --
Hodge Jason $110,000 --
Mauriello Keith A $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bang Bobby $187,500
Previous Owner Hodge Jason $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $270,000 -1.8% $373 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $275,000 -1.8% $380 / Sq Ft
11/18/2022 11/18/22 Price Changed $279,900 -1.8% $387 / Sq Ft
10/13/2022 10/13/22 For Sale $284,900 +14.0% $394 / Sq Ft
05/05/2022 05/05/22 Sold $250,000 0.0% $345 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $250,000 -- $345 / Sq Ft
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 $4,060 $125,897 $5,792 $120,105
2023 $4,060 $115,976 $5,792 $110,184
2022 $3,092 $93,976 $5,792 $88,184
2021 $3,374 $97,224 $5,792 $91,432
2020 $1,771 $51,030 $5,792 $45,238
2019 $1,538 $48,756 $5,792 $42,964
2018 $1,704 $48,756 $5,792 $42,964
2017 $1,315 $37,630 $5,792 $31,838
2016 $1,315 $37,630 $5,792 $31,838
2015 $1,131 $32,324 $5,792 $26,532
2014 $1,144 $32,629 $5,792 $26,837
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1002980

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 171A7-D-005