NOT LISTED FOR SALE

University Tower 131 E Broad St Unit 605 Athens, GA 30601

Estimated Value: $358,000 - $412,000

2 Beds
1 Bath
724 Sq Ft
$257/mo HOA Fee

Last Sold November 22, 2022

Last sale price $312,500 $432 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,680/month

17 Days on Market

Highlights

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

About This Home

As of November 2022

Location! University Towers in Downtown Athens, GA on the corner of Broad & Lumpkin. Two bedroom, one bath directly across from UGA North campus & 100' to the UGA Arch. Walk to Sanford Stadium. In-unit combo washer/dryer. Leased thru end of July 2023.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1983

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 171A7E005

Community Details

Overview

  • University Towers Subdivision

Security

  • Security Service

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

  • GarageYN: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1983
  • ResoSecurityFeatures: Security Service
  • Subdivision Name: University Towers
  • Above Grade Finished Sq Ft: 724.0
  • Reso Flooring: Tile, Vinyl
  • Tax Year: 2022
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Range, Washer
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Other

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • 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: 171A7E005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3092.0

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 22, 2022
Sold by
Bearden Katie S
Bought by
Gp Pal Nix
List Price
$319,900
Sold Price
$312,500
Premium/Discount to List
-$7,400
-2.31%
Views
48
Current Estimated Value
$377,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,004
Avg. Annual Appreciation
7.25%
Original Mortgage
$234,375
Outstanding Balance
$135,228
Interest Rate
7.08%
Mortgage Type
Mortgage Modification
Estimated Equity
$242,276

Purchase Details

Listed on
Apr 26, 2021
Closed on
Sep 13, 2021
Sold by
Seta Lesli R
Bought by
Bearden Katie S
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.88%
Original Mortgage
$203,915
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2016
Closed on
Mar 24, 2017
Bought by
Seta Lesli R and Marco Seta
List Price
$132,900
Sold Price
$122,500
Premium/Discount to List
-$10,400
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
May 2, 2014
Sold by
Odom Michael C
Bought by
Jens605 Llc

Purchase Details

Listed on
Dec 1, 2012
Closed on
Feb 6, 2013
Sold by
Hatcher Eugene S
Bought by
Odom Michael C
List Price
$72,900
Sold Price
$65,000
Premium/Discount to List
-$7,900
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Aug 3, 1998
Sold by
Burgess James V and Burgess Magdeline B
Bought by
Sanders Beverly B

Purchase Details

Closed on
May 14, 1996
Sold by
Burkhart Kent
Bought by
Burgess James V and Burgess Magdeline B
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
Gp Pal Nix $312,500 --
Bearden Katie S $239,900 --
Seta Lesli R $122,500 --
Jens605 Llc $106,500 --
Odom Michael C $65,000 --
Sanders Beverly B $52,000 --
Burgess James V $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gp Pal Nix $234,375
Previous Owner Bearden Katie S $203,915
Previous Owner Bearden Katie S $212,500
Previous Owner Jens605 Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $312,500 -2.3% $432 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $319,900 +33.3% $442 / Sq Ft
09/14/2021 09/14/21 Sold $239,900 -4.0% --
08/15/2021 08/15/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $249,900 +104.0% --
03/24/2017 03/24/17 Sold $122,500 -7.8% --
02/22/2017 02/22/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $132,900 +104.5% --
02/06/2013 02/06/13 Sold $65,000 -10.8% --
01/07/2013 01/07/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $72,900 -- --
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 $1,704 $48,756 $5,792 $42,964
2018 $1,704 $48,756 $5,792 $42,964
2017 $1,649 $47,182 $5,792 $41,390
2016 $1,649 $47,181 $5,792 $41,389
2015 $1,410 $40,283 $5,792 $34,491
2014 -- $32,629 $5,792 $26,837
Source: Public Records

Map

Source: Savannah Multi-List Corporation

MLS Number: CM1002783

Savannah Multi-List Corporation

APN: 171A7-E-005