NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,751,000

3 Beds
3 Baths
2,300 Sq Ft
2,178 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $1,300,000 $565 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,547/month

Highlights

  • Fitness Center
  • In Ground Pool
  • City View
  • Midtown High School Rated A+
  • Gated Community
  • 4-minute walk to The Grove at Colony Square

About This Home

As of February 2023

This is one of only 4 Tower Suite units in the Mayfair Renaissance and the first one on the market in 15 years. This special property has quite possibly the best park and skyline views in all of Atlanta from its 4 balconies and expansive private rooftop terrace that spans the entire southern side of the building. Its 2 floors and 2300 sq. ft. include 3 ensuite bedrooms, a large designer kitchen with Italian cabinetry, a central island, stainless appliances and subzero refrigerator and wine cooler. The flooring is antique, reclaimed wood and natural slate throughout. The upstairs landing features a bar counter with sink and a secondary subzero wine cooler in close proximity to the terrace. The terrace itself is approx. 1000 sq. ft. and has a shade pergola, planters and water supplies for gardening, an outdoor shower and hot tub. The Mayfair Renaissance is undergoing a renaissance of its own with a refurbishment of its first floor public areas to be completed in June 2022. The resident hallways are scheduled to be updated in the next 24 months. The building also features a recently renovated fitness center, theater, library and clubroom as well as private gardens on both the east and west side of the building and a beautiful saline pool. The building also has a 24 hour concierge and this unit comes with 2 assigned separate parking spaces close to the elevator.

Last Agent to Rent the Property

Richard Zeglovitch

The Agency - Atlanta Metro License #372855 Listed on: 01/26/2023

Co-Listed By

John Andersen

The Agency - Atlanta Metro License #298467

Last Renter's Agent

Richard Zeglovitch

The Agency - Atlanta Metro License #372855 Listed on: 01/26/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,080

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • Two or More Common Walls
  • Garden

Home Design

  • Traditional Architecture
  • European Architecture
  • Tar and Gravel Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Wet Bar
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • City Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Assigned Parking

Accessible Home Design

  • Accessible Hallway
  • Accessible Approach with Ramp

Outdoor Features

  • In Ground Pool
  • Balcony
  • Gazebo
  • Outdoor Gas Grill

Location

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

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Grady High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,500
  • 24-Month Min and 36-Month Max Lease Term
  • $75 Application Fee
  • Tax Lot 106

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance exterior, trash, ground maintenance, internet, sewer, water
  • High-Rise Condominium
  • Mayfair Renaissance Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,080

Year Built

Built in 2002 | Remodeled

Lot Details

0

Rental Info

  • Lease Termsin Months: 24
  • Security Deposit: 6500

Listing Details

  • Property Type: Residential Lease
  • District: 17
  • Year Built: 2002
  • ArchitecturalStyle: European, Traditional
  • Co List Office: PHPA01
  • Levels: Two
  • Lot Size Acres: .05
  • Other Sturctures: Gazebo
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Max Rental Period Months: 36
  • Min Rental Period Months: 12
  • Use Rent Spree: No
  • Total Finished Area2: 2300
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Double Oven, Disposal, Microwave, Oven (Wall), Refrigerator
  • Bedrooms: 3
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: None
  • Total Finished Sq Ft: 2300
  • Above Grade Finished Sq Ft: 2300
  • Interior Amenities: Walk-In Closet(s), Wet Bar, Roommate Plan
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Full Bathrooms: 3
  • Flooring: Hardwood, Stone
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Furnished: Unfurnished
  • Price Per Square Foot: 2.69565

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete, Stucco
  • ExteriorFeatures: Balcony, Garden, Gas Grill
  • Lot Features: Level
  • Pool Features: In Ground
  • Property Condition: Updated/Remodeled
  • Roof: Tar/Gravel
  • View: City

Garage/Parking

  • Parking Features: Assigned, Garage
  • ParkingTotal: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric, Central, Forced Air
  • Laundry Features: Laundry Closet
  • Security Features: Key Card Entry, Gated Community, Smoke Detector(s), Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gated, Fitness Center, Pool, Walk To Public Transit, Walk To Schools, Walk To Shopping
  • Application Fee: 75
  • PetsAllowed: Call

Fee Information

  • Fee Paid: No
  • Association Fee Includes: Maintenance Exterior, Trash, Maintenance Grounds, Internet, Sewer, Water

Schools

  • Elementary School: Springdale Park
  • High School: Grady
  • Middle School: David T Howard
  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Grady

Lot Info

  • Land Lot: 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Oct 11, 2022
Sold by
Nemhauser George L
Bought by
Liu Georgia Real Estate Llc
Seller's Agent
Richard Zeglovitch
The Agency Atlanta Metro
Buyer's Agent
Richard Zeglovitch
The Agency Atlanta Metro
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%
Views
10
Current Estimated Value
$1,460,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,301
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Aug 30, 2007
Sold by
Neelagaru Fam Partnership Lllp
Bought by
Nemhauser George L and Nemhauser Ellen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Trade
Source: Public Records

Range of Values:

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Average Value
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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
Liu Georgia Real Estate Llc $1,300,000 --
Nemhauser George L $837,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nemhauser George L $600,000
Previous Owner Westpheling Michael J $620,000
Previous Owner Neelaguru Narasimhulu $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Rented $6,200 0.0% --
02/10/2023 02/10/23 Rented $6,200 -4.6% --
01/26/2023 01/26/23 Price Changed $6,500 0.0% $3 / Sq Ft
01/26/2023 01/26/23 For Rent $6,500 -5.8% --
12/07/2022 12/07/22 For Rent $6,900 0.0% --
11/17/2022 11/17/22 Off Market $6,900 -- --
10/11/2022 10/11/22 Sold $1,300,000 0.0% $565 / Sq Ft
09/30/2022 09/30/22 Price Changed $6,900 -5.5% $3 / Sq Ft
08/24/2022 08/24/22 For Rent $7,300 0.0% --
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $1,399,000 -6.7% $608 / Sq Ft
05/05/2022 05/05/22 For Sale $1,499,000 -- $652 / 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 $19,080 $635,840 $49,040 $586,800
2023 $21,528 $520,000 $42,600 $477,400
2022 $17,991 $534,880 $67,120 $467,760
2021 $16,631 $480,000 $42,000 $438,000
2020 $11,791 $629,120 $46,720 $582,400
2019 $92 $539,000 $42,000 $497,000
2018 $12,334 $326,400 $33,920 $292,480
2017 $12,853 $326,400 $33,920 $292,480
2016 $13,673 $405,360 $33,920 $371,440
2015 $10,435 $344,560 $33,920 $310,640
2014 -- $269,080 $51,240 $217,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10125944

Georgia MLS

APN: 17-0106-0033-295-4