NOT LISTED FOR SALE

264 N Lumpkin St Unit 202 Athens, GA 30601

Estimated Value: $607,441 - $816,000

3 Beds
2 Baths
1,427 Sq Ft
$344/mo HOA Fee

Last Sold October 29, 2021

Last sale price $500,000 $350 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,720/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Home Security System
  • Clarke Central High School Rated A-
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of October 2021

Rare Opportunity! A chance to own one of only three condos in the Observer Building in the heart of Downtown Athens. On the corner of Washington St. and Lumpkin St. across from Fuzzy's Tacos and Georgia Theatre, this location is hard to beat! This is a large condo for Downtown Athens with over 1400 sq. Ft. It has a high level finish with hardwood floors, 10+ft. ceilings, granite countertops, exposed brick walls, and beautiful heavy trim throughout. This unique condo has potential for multiple uses. It is currently leased through June 2022 and has been a long term rental for several years with 100% occupancy. It would make a great residence for an owner-occupant who wants to call Downtown Athens home, or have a weekend crash pad for football games and concerts etc. It also has great potential for short term rentals with three bedrooms and an outstanding location. *Interior pictures coming soon*

Last Agent to Sell the Property

Lacey Burke

Maynard Realty, LLC License #341887 Listed on: 08/18/2021

Last Buyer's Agent

Stephanie Leathers

Corcoran Classic Living License #243115

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1900

Lot Details

  • 1,307

HOA Fees

  • $344 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Home Security System

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 171B5 A013E

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,450

Year Built

Built in 1900

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • GarageYN: No
  • Inclusions: Ceiling Fans,Security System
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 1900
  • ResoSecurityFeatures: Security System
  • Subdivision Name: No Recorded Subdivision
  • Architectural Style: Traditional
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Pantry
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Disposal, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Acres: 0.03
  • Home Warranty: No
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1031.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: None

Schools

  • Middle Or Junior School: Clarke Middle

Lot Info

  • Lot Size Area: 0.03
  • Parcel Number: 171B5 A013E
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Barrow Elementary
  • HighSchool: Clarke Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 29, 2021
Sold by
Lumpkin Street Property Llc
Bought by
Team Flea Llc
Seller's Agent
Lacey Burke
Maynard Realty, LLC
Buyer's Agent
Stephanie Leathers
Corcoran Classic Living
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$733,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,147
Avg. Annual Appreciation
10.04%

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 8, 2019
Sold by
Kcdoc Properties Llc
Bought by
Lumpkin Street Property Llc
Seller's Agent
Brian Elrod
NAI Elrod Group
Buyer's Agent
Lacey Burke
Maynard Realty, LLC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$270,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2012
Sold by
Schroder William B
Bought by
Kcdoc Properties Llc

Purchase Details

Closed on
Apr 20, 2011
Sold by
Perc Properties Llc
Bought by
Schroder William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 1, 2008
Sold by
Not Provided
Bought by
Schroder William B and Kennedy Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.86%
Mortgage Type
New Conventional
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
Team Flea Llc $500,000 --
Lumpkin Street Property Llc $359,500 --
Kcdoc Properties Llc $295,000 --
Schroder William B $295,000 --
Schroder William B $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lumpkin Street Property Llc $270,000
Previous Owner Schroder William B $220,000
Previous Owner Schroder William B $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $500,000 -2.0% $350 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $510,000 +41.7% $357 / Sq Ft
04/08/2019 04/08/19 Sold $360,000 +2.9% $252 / Sq Ft View Prior Sale
03/09/2019 03/09/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $350,000 -- $245 / Sq Ft
Source: Savannah Multi-List Corporation

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 $6,450 $200,000 $80,000 $120,000
2023 $6,450 $200,000 $80,000 $120,000
2022 $6,580 $200,000 $80,000 $120,000
2021 $5,016 $144,544 $65,642 $78,902
2020 $4,917 $141,690 $62,788 $78,902
2019 $4,634 $132,584 $57,765 $74,819
2018 $4,450 $127,333 $52,514 $74,819
2017 $4,450 $127,333 $52,514 $74,819
2016 $4,450 $127,332 $52,513 $74,819
2015 $4,117 $117,629 $42,810 $74,819
2014 $4,123 $117,629 $42,810 $74,819
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lacey Burke

    Maynard Realty, LLC

  • S

    Buyer's Agent in 2021

    Stephanie Leathers

    Corcoran Classic Living

  • B

    Seller's Agent in 2019

    Brian Elrod

    NAI Elrod Group

See All Agents

Map

Source: Savannah Multi-List Corporation

MLS Number: CM983231

Savannah Multi-List Corporation

APN: 171B5-A-013-E

Georgia Clarke County Athens 30601

264 N Lumpkin St Unit 202, Athens, GA

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