NOT LISTED FOR SALE

261 Peters St SW Atlanta, GA 30313

Castleberry Hill Neighborhood

Estimated Value: $2,507,138

4 Beds
16 Baths
18,090 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,000,000 $111 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $14,805/month

Highlights

  • Second Kitchen
  • Loft
  • Private Yard
  • Living Room with Fireplace
  • Second Story Great Room
  • Home Gym

About This Home

As of May 2021

This historic mixed-use gem in the heart of Castleberry Hill, Atlanta’s Art District among walking distance to the “ring of fire”
developments; Centennial & Artisan Yards, the Hard Rock Hotel, MB Stadium, Beltline…An oversize loft experience, 261-263 Peters
combines commercial on first & residential on 2nd floor. With original hardwoods, timber construction from late 1800’s, high ceilings,
exposed brick walls and 4 beds, 4.5 baths & 4 kitchens. Great for Airbnb & within a Federal Opportunity Zone. This marvelous renovated
structure offers 2 retail spaces & 2600sf on the back w private entry that can be use for communal art, recording, or yoga studio to
generate income. Parking includes 3 car garage, 2 reserved and off-st. This property has so much to offer! Schedule your appt w/agent
today.

Last Agent to Sell the Property

Trevor Russell

Compass License #239353 Listed on: 04/16/2021

Compass

Co-Listed By

Christine Love

Compass License #343188

Last Buyer's Agent

Keith Williams

NOT A VALID MEMBER License #383583

NOT A VALID MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1897

Lot Details

  • Fenced
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Three Sided Brick Exterior Elevation

Interior Spaces

  • 18,090 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling height of 9 feet on the lower level
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Second Story Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Bonus Room
  • Home Gym
  • Laundry on upper level

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • M. A. Jones Elementary School
  • Herman J. Russell West End Academy Middle School
  • Booker T. Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Castleberry Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 008400111138

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,572

Year Built

Built in 1897

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Property Condition: Resale
  • Year Built: 1897
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Fireplace Features: Gas Starter, Living Room
  • Number Of Fireplaces: 2
  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Elevator, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Kitchen Features: Eat-in Kitchen, Second Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Great Room - 2 Story, Loft
  • Dining Room Features: Great Room
  • Square Footage: 18090.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 4
  • Total Bathrooms: 16
  • Total Full Baths: 6
  • Total Half Baths: 10
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 5

Exterior Features

  • Construction Materials: Brick 3 Sides, Cement Siding
  • Roof Type: Composition
  • Fencing: Fenced
  • Exterior Features: Garden, Private Yard
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 3
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Upper Floor
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • Subdivision Complex: Castleberry Hill

Lot Info

  • Lot Features: Level, Private
  • Parcel Number: 14 008400111138
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 5572.00
  • Tax Year: 2018

MLS Schools

  • Elementary School: M. A. Jones
  • High School: Booker T. Washington
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Arknet Global Inc
Bought by
Coffee & Eggs Llc
Current Estimated Value
$2,507,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2024
Sold by
Arknet Global Inc
Bought by
Norman Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 28, 2021
Sold by
Gibson Charles Michael
Bought by
Arknet Global Inc
Seller's Agent
Trevor Russell
Compass
Buyer's Agent
Keith Williams
NOT A VALID MEMBER
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Aug 6, 1997
Sold by
Diamondback Properties Inc
Bought by
Gibson Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.59%
Mortgage Type
Commercial
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
Coffee & Eggs Llc -- --
Norman Joshua -- --
Arknet Global Inc $2,000,000 --
Gibson Charles M $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Coffee & Eggs Llc $1,000,000
Closed Norman Joshua $1,100,000
Previous Owner Gibson Charles M $204,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $2,000,000 -13.0% $111 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $2,300,000 -- $127 / 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 $20,193 $713,160 $105,600 $607,560
2023 $20,193 $633,000 $105,600 $527,400
2022 $6,600 $163,080 $105,600 $57,480
2021 $5,039 $163,080 $105,600 $57,480
2020 $5,100 $163,080 $105,600 $57,480
2019 $1,202 $163,080 $105,600 $57,480
2018 $5,573 $163,080 $105,600 $57,480
2017 $5,800 $163,080 $105,600 $57,480
2016 $5,815 $163,080 $105,600 $57,480
2015 $6,359 $163,080 $105,600 $57,480
2014 $6,084 $163,080 $105,600 $57,480
Source: Public Records

Agents Affiliated with this Home

  • Trevor Russell

    Seller's Agent in 2021

    Trevor Russell

    Compass

    (404) 433-7021

    2 in this area

    51 Total Sales

    Trevor Russell
    Section Image
  • Christine Love

    Seller Co-Listing Agent in 2021

    Christine Love

    Compass

    (404) 375-2180

    2 in this area

    208 Total Sales

    Christine Love
    Section Image

  • K

    Buyer's Agent in 2021

    Keith Williams

    NOT A VALID MEMBER

    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6870578

First Multiple Listing Service (FMLS)

APN: 14-0084-0011-113-8

Georgia Fulton County Atlanta 30313 Castleberry Hill

261 Peters St SW, Atlanta, GA

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