NOT LISTED FOR SALE

Estimated Value: $375,000 - $414,000

2 Beds
2 Baths
1,007 Sq Ft
$514/mo HOA Fee

Last Sold May 02, 2022

Last sale price $375,000 $372 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,880/month

Highlights

  • Fitness Center
  • City View
  • Property is near public transit
  • Midtown High School Rated A+
  • Clubhouse
  • 4-minute walk to The Grove at Colony Square

About This Home

As of May 2022

Welcome home to this 2 bedroom 2 bath with an assigned parking space. The Mayfair Tower is a premier residence in the heart of Atlanta. Live within minutes of all Atlanta has to offer while escaping to this tranquil residence. Unit 408 boasts views of the Mayfair Tower's private garden contrasted with a city landscape. New top of the line appliances including dishwasher, refrigerator, washer and dryer all ease your transition into this move in ready home. New countertop as well as new cabinets leave nothing for you to do other than decorate.

Amenities at this iconic address include 24 hr concierge, high pressure car wash, pet wash station, dog park, free bike storage, high speed internet, lounge, guest receiving area, conference room, 24 hr fitness facility, and bike repair station.
500 feet to Colony Square Politan Row food Hall, IPIC movie theater, Starbucks, Saints and Council restaurant, 5 church, soon to open Holeman & Finch and its iconic Atlanta burgers. Cross one street and be in Piedmont Park to enjoy its farmers market and all its festivals. Under a mile away you will find Trader Joes, Whole Foods, Publix and Kroger.

The Mayfair Tower looks forward to welcoming you to this community.

Last Agent to Sell the Property

Vicente Fernandez

Berkshire Hathaway HomeServices Georgia Properties License #401664 Listed on: 03/16/2022

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

Allison Levent

Better Homes and Gardens Real Estate Metro Brokers License #341132

Better Homes and Gardens Real Estate Metro Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 1992

Lot Details

  • Two or More Common Walls
  • Kennel or Dog Run
  • Private Yard
  • Garden

HOA Fees

  • $514 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Roof
  • Concrete Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,007 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Computer Room
  • Wood Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Electrical and Environmental Controls

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Courtyard
  • Pergola
  • Outdoor Gas Grill

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

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

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 17 010600061777

Community Details

Overview

  • $1,028 Initiation Fee
  • 323 Units
  • High-Rise Condominium
  • Mayfair Tower Subdivision
  • Rental Restrictions

Recreation

  • Park
  • Dog Park
  • Trails

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,968

Year Built

Built in 1992

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: 408 MAYFIAR TOWER CONDO
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: High Rise (6 or more stories)
  • Property Condition: Resale
  • Year Built: 1992
  • Accessibility Features: Accessible Electrical and Environmental Controls, Accessible Elevator Installed
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Computer Room
  • Square Footage: 1007.00
  • Spa Features: None
  • Window Features: Double Panes

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Other Structures: Kennel/Dog Run, Pergola
  • Construction Materials: Cement Siding, Concrete
  • Roof Type: Concrete
  • Exterior Features: Courtyard, Garden, Gas Grill, Private Yard
  • View: City
  • Foundation: Concrete Perimeter, Pillar/Post/Pier

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Hall
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Door person, Maintenance Exterior, Maintenance Grounds, Reserve Fund, Security, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Dog Park, Fitness Center, Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park, Public Transportation
  • Association Fee: 514
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mayfair Tower

Association/Amenities

  • Number Of Units In Community: 323

Schools

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

Lot Info

  • Acres: 0.0231
  • Land/Lot: 106
  • Deed Book: 24021
  • Deed Page: 156
  • Lot Dimensions: x
  • Parcel Number: 17 010600061777
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1028

Tax Info

  • Taxes: 4968.00
  • Assessor Parcel Number: 17-0106-0006-177-7
  • Close Date: 2022-05-02
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 2, 2022
Sold by
Fernandez Benito
Bought by
Burgan Terynne Alyssa
Seller's Agent
Vicente Fernandez
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
Allison Levent
Better Homes and Gardens Real Estate Metro Brokers
List Price
$365,000
Sold Price
$375,000
Premium/Discount to List
$10,000
2.74%
Current Estimated Value
$396,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,216
Avg. Annual Appreciation
1.83%
Original Mortgage
$300,000
Outstanding Balance
$285,025
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$113,927

Purchase Details

Listed on
Aug 15, 2016
Closed on
Nov 7, 2016
Sold by
Julie J
Bought by
Fernandez Benito
Seller's Agent
Mary Beth Henderson
Citihomes Realty Cor
Buyer's Agent
Francine Allen
Atlanta Communities
List Price
$285,000
Sold Price
$251,000
Premium/Discount to List
-$34,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Apr 24, 2007
Sold by
Hodson John L
Bought by
Hall Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Burgan Terynne Alyssa $375,000 --
Fernandez Benito $251,000 --
Hall Julie J $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgan Terynne Alyssa $300,000
Previous Owner Hall Julie J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $375,000 +2.7% $372 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $365,000 0.0% $362 / Sq Ft
11/01/2020 11/01/20 Rented $1,750 0.0% --
10/16/2020 10/16/20 Under Contract -- -- --
09/23/2020 09/23/20 Price Changed $1,750 +2.9% $2 / Sq Ft
09/23/2020 09/23/20 For Rent $1,700 0.0% --
11/07/2016 11/07/16 Sold $251,000 -7.0% $249 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $270,000 -3.5% $268 / Sq Ft
09/09/2016 09/09/16 Price Changed $279,900 +55.6% $278 / Sq Ft
09/09/2016 09/09/16 Price Changed $179,900 -36.9% $179 / Sq Ft
08/15/2016 08/15/16 For Sale $285,000 -- $283 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $3,177 $157,720 $22,080 $135,640
2023 $5,910 $142,760 $18,560 $124,200
2022 $5,112 $126,320 $20,040 $106,280
2021 $4,968 $122,640 $19,480 $103,160
2020 $2,567 $110,040 $16,840 $93,200
2019 $93 $110,040 $16,840 $93,200
2018 $3,135 $110,040 $16,840 $93,200
2017 $2,408 $84,560 $11,680 $72,880
2016 $3,661 $84,560 $11,680 $72,880
2015 $3,702 $84,560 $11,680 $72,880
2014 -- $61,400 $8,480 $52,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7016075

First Multiple Listing Service (FMLS)

APN: 17-0106-0006-177-7