NOT LISTED FOR SALE

University Tower 131 E Broad St Unit 903 Athens, GA 30601

Estimated Value: $340,302 - $386,000

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

Last Sold March 31, 2023

Last sale price $316,000 $517 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,582/month

26 Days on Market

Highlights

  • Loft
  • Cooling Available
  • Heating Available
  • Clarke Central High School Rated A-
  • Vinyl Flooring

About This Home

As of March 2023

Location is EVERYTHING in this completely renovated and updated penthouse unit on the 9th floor in University Tower with 20' ceilings! Very rare as there are only 2 units in the building that have this layout. Located across from UGA's historic North Campus and one block over from the famous Arch, this unit is in the heart of downtown Athens! New Target now open on the street level of the building. Unit has brand new A/C and water heater, and luxury vinyl flooring throughout. Bathroom and kitchen have been completely gutted and redone, including custom tile work and stainless steel appliances. In addition to student living, this unit would work great for investors, football enthusiasts, and short term rentals. Selling fully furnished. Don't miss this amazing opportunity! Unit is leased through May 2023.

Last Listed By

Melissa Williamson

Corcoran Classic Living License #361524 Listed on: 03/05/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1983

Lot Details

  • 436

HOA Fees

  • $257 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 611 Sq Ft Home
  • Loft
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Association fees include common areas, insurance, pest control, trash
  • University Towers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171A7 H003

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,748

Year Built

Built in 1983

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Attribution Contact: 706-559-4520
  • Directions: University Tower is located near corner of Lumpkin and East Broad St. Downtown.
  • Prop. Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.01
  • Subdivision Name: University Towers
  • Above Grade Finished Sq Ft: 611.0
  • Architectural Style: High Rise
  • Garage Yn: No
  • Unit Levels: Other
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Other, See Remarks, Loft
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 611.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: See Remarks
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3084.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Pest Control, Trash

Schools

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

Lot Info

  • Parcel #: 171A7 H003
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2748.27

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2023
Closed on
Mar 31, 2023
Sold by
Cms Athens Properties Llc
Bought by
131 East Broad 903 Llc
Seller's Agent
Melissa Williamson
Corcoran Classic Living
Buyer's Agent
Melissa Williamson
Corcoran Classic Living
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%
Total Days on Market
26
Current Estimated Value
$356,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,826
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Cms Properties Llc
Bought by
Cms Athens Properties Llc

Purchase Details

Closed on
Feb 5, 2019
Sold by
Simms Christopher
Bought by
Soa Real Estate Investments Llc

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 28, 2017
Bought by
Simms Chris and Simms Sylvia
Seller's Agent
Stephanie Leathers
Corcoran Classic Living
Buyer's Agent
Non Member
ATHENS AREA ASSOCIATION OF REALTORS
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$92,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2011
Sold by
Wells Walter
Bought by
Georgia Land Holdings Llc

Purchase Details

Closed on
Dec 2, 2003
Sold by
Setchel L P
Bought by
Wells Walter S N

Purchase Details

Closed on
Apr 23, 2001
Sold by
Howarth Paige T and William Buck
Bought by
Setchel L P

Purchase Details

Closed on
Dec 13, 1996
Sold by
Emily Joseph Todd
Bought by
Howarth Paige T and William Buck Howa

Purchase Details

Closed on
Jun 4, 1996
Sold by
Phinney Mary E
Bought by
Emily Joseph Todd

Range of Values:

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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
131 East Broad 903 Llc $316,000 --
Cms Athens Properties Llc -- --
Soa Real Estate Investments Llc -- --
Simms Chris $115,000 --
Georgia Land Holdings Llc $120,000 --
Wells Walter S N $85,000 --
Setchel L P $63,000 --
Howarth Paige T $46,500 --
Emily Joseph Todd $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cms Properties Llc $164,000
Previous Owner Cms Properties Llc $157,461
Previous Owner Simms Chris $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $316,000 +0.3% $517 / Sq Ft
03/05/2023 03/05/23 For Sale $315,000 +173.9% $516 / Sq Ft
07/28/2017 07/28/17 Sold $115,000 -23.3% $170 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $149,900 -- $222 / 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 $4,046 $125,442 $10,998 $114,444
2023 $4,046 $101,660 $10,998 $90,662
2022 $2,748 $83,534 $10,998 $72,536
2021 $3,022 $87,096 $10,998 $76,098
2020 $1,688 $48,648 $10,998 $37,650
2019 $1,634 $46,756 $10,998 $35,758
2018 $1,608 $46,756 $10,998 $35,758
2017 $1,533 $43,862 $10,998 $32,864
2016 $1,533 $43,861 $10,998 $32,863
2015 $1,343 $38,384 $10,998 $27,386
2014 $1,356 $38,699 $10,998 $27,701
Source: Public Records

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

MLS Number: 1005974

CLASSIC MLS (Athens Area Association of REALTORS®)

APN: 171A7-H-003