NOT LISTED FOR SALE

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

Estimated Value: $322,000 - $407,000

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. 33% increase in value since last sale

Current estimated payment $2,585/month

40 Days on Market

Highlights

  • Cooling Available
  • Clarke Central High School Rated A-
  • Heat Pump System

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.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 1983

HOA Fees

  • $257 Monthly HOA Fees

Interior Spaces

  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • University Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171A7 D005

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,091

Year Built

Built in 1983

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • GarageYN: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1983
  • Subdivision Name: University Towers
  • Tax Year: 2022
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: 257.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Parcel Number: 171A7 D005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3091.0

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

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
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$359,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,576
Avg. Annual Appreciation
11.55%
Original Mortgage
$187,500
Outstanding Balance
$178,160
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$178,070

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

Range of Values:

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Average Value
Not Available
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
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 -5.2% $373 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
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 For Sale $250,000 -- $345 / 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 $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

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1002980

Savannah Multi-List Corporation

APN: 171A7-D-005