NOT LISTED FOR SALE

Estimated Value: $592,000 - $801,000

3 Beds
2.5 Baths
2,038 Sq Ft
$400/mo HOA Fee

Last Sold December 13, 2021

Last sale price $700,000 $343 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,626/month

115 Days on Market

Highlights

  • No Units Above
  • City View
  • Property is near public transit
  • Midtown High School Rated A+
  • Deck
  • Living Room with Fireplace

About This Home

As of December 2021

Between the shady, tree-lined streets of the Midtown Garden district and the high rises along Peachtree, sits the Desoto, a boutique 7-unit condominium building in this “walker’s paradise.” As a top floor unit, #5 has a two-story floor plan with its own private rooftop deck for relaxing and enjoying the views of the Midtown skyline. The spacious main floor flows nicely, with the front sunroom, living room, and dining room all open to one another. The updated kitchen features abundant white cabinetry, granite countertops, glass tile backsplash, and stainless steel appliances, with both a breakfast bar and a coffee bar. The bedroom wing has 3 true bedrooms and 2 full bathrooms, with a walk-in closet in the main bedroom and heated marble floors, marble counters, and a glass-tiled, frameless shower in the main bathroom. A full size washer/dryer and floor-to-ceiling cabinetry are in the laundry room and a brand new Rinnai tankless water heater is in the attic. The staircase along the dining room wall leads upstairs to an open room that features a wet bar with beverage refrigerator, a gas fireplace, built-in lighted display shelves, plenty of room for a sectional couch, and a powder room, with French doors that lead out to the deck. The opportunity to own a penthouse unit in such a unique and historic Atlanta property doesn’t come along very often. Don’t miss out! (NOTE: the building is currently 100% owner occupied, however owners are allowed to rent their units out to long term renters. Leases must be for at least 6 months.)

Last Agent to Sell the Property

Cindy Hulbert

Coldwell Banker Realty License #353669 Listed on: 07/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Casey Gargiulo

Keller Williams Realty License #371285

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1914

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Loft
  • Sun or Florida Room
  • Wood Flooring
  • City Views
  • Pull Down Stairs to Attic
  • Intercom

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall
  • Washer

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Springdale Park Elementary School
  • Inman Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49

Community Details

Overview

  • Association fees include insurance, maintenance exterior, ground maintenance, pest control, reserve fund, sewer, water
  • Mid-Rise Condominium
  • The Desoto Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,183

Year Built

Built in 1914

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Unit: 156-5
  • Year Built: 1914
  • ArchitecturalStyle: Brick 4 Side, Traditional
  • Upper Level Half Bathroom: 1
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat
  • Levels: Two
  • Lot Size Acres: .04
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 2038
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater, Washer, Convection Oven, Dishwasher, Disposal, Ice Maker, Other, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 2038
  • Above Grade Finished Sq Ft: 2038
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Pulldown Attic Stairs, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Living Room, Other
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Solid Surface Counters
  • Other Equipment: Intercom
  • Price Per Square Foot: 343.473

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: End Unit, No One Above
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Other
  • View: City

Garage/Parking

  • Parking Features: Assigned, Guest, Off Street
  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air, Other
  • Heating: Natural Gas, Central, Radiant, Forced Air
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 4800
  • Association: Yes
  • Community Features: Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Water

Schools

  • Elementary School: Springdale Park
  • High School: Midtown
  • High School Bus: Yes
  • Middle School: Inman
  • Middle School Bus: Yes
  • Elementary School: Springdale Park
  • Middle School: Inman
  • High School: Midtown

Lot Info

  • Land Lot: 49
  • Deed Book: 7957
  • Deed Page: 120

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4183

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Dec 15, 2021
Sold by
St Peters Rhonda M
Bought by
Clement Melanie and Birkas William
Seller's Agent
Cindy Hulbert
Coldwell Banker Realty
Buyer's Agent
Casey Gargiulo
Keller Williams Realty
List Price
$748,800
Sold Price
$700,000
Premium/Discount to List
-$48,800
-6.52%
Current Estimated Value
$686,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,003
Avg. Annual Appreciation
-1.17%
Original Mortgage
$400,000
Outstanding Balance
$319,049
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$351,481

Purchase Details

Closed on
Jun 29, 2009
Sold by
Allvine Doug and Allvine Mary C
Bought by
Stpeters Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Clement Melanie $700,000 --
Stpeters Rhonda M $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clement Melanie $400,000
Previous Owner St Peters Rhonda M $382,000
Previous Owner St Peters Rhonda M $373,000
Previous Owner Stpeters Rhonda M $384,000
Previous Owner Allvine Douglas W $50,000
Previous Owner Allvine Douglas $260,000
Previous Owner Allvine Douglas $257,000
Previous Owner Allvine Douglas $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $700,000 0.0% $343 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $700,000 -3.4% $343 / Sq Ft
10/07/2021 10/07/21 Price Changed $724,800 -3.2% $356 / Sq Ft
07/08/2021 07/08/21 For Sale $748,800 -- $367 / Sq Ft
Source: Georgia MLS

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
2025 $5,575 $216,880 $26,360 $190,520
2023 $8,979 $216,880 $26,360 $190,520
2022 $6,962 $216,880 $26,360 $190,520
2021 $4,233 $184,920 $25,600 $159,320
2020 $4,183 $182,760 $25,320 $157,440
2019 $438 $148,560 $24,840 $123,720
2018 $2,319 $84,480 $13,600 $70,880
2017 $2,265 $81,240 $13,080 $68,160
2016 $2,271 $81,240 $13,080 $68,160
2015 $2,538 $81,240 $13,080 $68,160
2014 $2,344 $80,600 $21,560 $59,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 9009503

Georgia MLS

APN: 14-0049-0016-005-5