$255,000
SOLD FEB 28, 2022

University Tower 131 E Broad St Unit 507 Athens, GA 30601

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

Recently Sold

$425 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Clarke Central High School Rated A-

About This Home

As of February 2022

Location at it's Finest! This fully renovated unit in the heart of Downtown Athens is ready to be yours! Right across from North Campus and above the new Target you wont need to look any further. This 1 bed/1bath has all the upgrades you could imagine, including new flooring, paint, granite countertops and new appliances. Great for Game Weekends, Graduations, etc. Generated $48,000 in AirBnB revenue in 2021. This won't last long so schedule your appointment today!

Jason Bernstein

EXP Realty LLC License #164597 Listed on: 02/08/2022

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1983

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Masonite
  • Stucco

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Wood Flooring
  • Exterior Lighting

Community Details

  • University Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171A7 D007

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,041

Year Built

Built in 1983

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • GarageYN: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1983
  • Subdivision Name: University Towers
  • Architectural Style: Loft
  • Reso Flooring: Wood
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Masonite, Stucco
  • Exterior Features: Other, Landscape Lights

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • 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 D007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3041.0

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Feb 28, 2022
Sold by
Pnmd Properties Llc
Bought by
Schofield Christian and Nash Scotland
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$355,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,175
Avg. Annual Appreciation
9.89%

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 8, 2020
Sold by
Wiggins Jana Reeves
Bought by
Pnmd Properties Llc
List Price
$205,000
Sold Price
$192,500
Premium/Discount to List
-$12,500
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%
Original Mortgage
$177,100
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2017
Closed on
Aug 23, 2017
Sold by
Swain Jerry Dennis
Bought by
Wiggins Christopher Blake and Wiggins Benjamin Lee
List Price
$124,500
Sold Price
$109,279
Premium/Discount to List
-$15,221
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.40%
Original Mortgage
$98,351
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Berkowitz Howard M
Bought by
Swain Jerry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.18%

Purchase Details

Closed on
Apr 15, 1996
Sold by
Gibbs N Alex
Bought by
Berkowitz Md Howard M
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 $255,000 --
Warranty Deed $192,500 --
Warranty Deed $109,279 --
Deed $78,000 --
Deed $35,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $177,100 Commercial
Previous Owner $98,351 New Conventional
Previous Owner $81,000 New Conventional
Previous Owner $76,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $255,000 +2.0% $425 / Sq Ft
02/08/2022 02/08/22 For Sale $250,000 +29.9% $417 / Sq Ft
09/08/2020 09/08/20 Sold $192,500 -6.1% $321 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $205,000 +87.6% $342 / Sq Ft
08/23/2017 08/23/17 Sold $109,279 -12.2% $182 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $124,500 -- $208 / 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 $3,872 $120,051 $4,800 $115,251
2023 $3,872 $95,914 $4,800 $91,114
2022 $2,463 $74,869 $4,800 $70,069
2021 $2,672 $77,606 $4,800 $72,806
2020 $1,417 $40,822 $4,800 $36,022
2019 $1,363 $39,011 $4,800 $34,211
2018 $1,363 $39,011 $4,800 $34,211
2017 $0 $31,674 $4,800 $26,874
2016 $736 $31,673 $4,800 $26,873
2015 $585 $27,194 $4,800 $22,394
2014 $595 $27,452 $4,800 $22,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Savannah Multi-List Corporation

MLS Number: CM986571

Savannah Multi-List Corporation

APN: 171A7-D-007