NOT LISTED FOR SALE

The Phoenix On Peachtree 2881 Peachtree Rd NE Unit 2605 Atlanta, GA 30305

Garden Hills Neighborhood

Estimated Value: $1,550,000 - $1,611,854

3 Beds
3.5 Baths
3,140 Sq Ft
$1,508/mo HOA Fee

Last Sold July 10, 2020

Last sale price $1,362,500 $434 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,633/month

69 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • In Ground Pool
  • North Atlanta High School Rated A
  • Open-Concept Dining Room
  • No Units Above

About This Home

As of July 2020

Two-story penthouse in the sky- the ultimate in privacy, luxury and location. Completely renovated and updated, this home exudes quality and fine craftsmanship. Expansive main floor including kitchen, living, dining and entertainment areas opened and drenched in natural light. 20 ft+ floor-to-ceiling windows and wrap around balconies of this corner unit highlight the south facing skyline creating a dramatic backdrop for daily living and the ultimate entertainer’s showplace. Access second floor bedrooms and spa like bathrooms via private elevator or floating staircase. The Phoenix on Peachtree is one of Atlanta’s lowest density high-rise buildings at only 65 units. Residents enjoy 24 hour concierge, full time maintenance staff, secured/covered parking, swimming pool and fitness center. Walk to Buckhead's finest restaurants, shopping and entertainment.

Last Agent to Sell the Property

Zack Williams

Compass License #375383 Listed on: 03/12/2020

Compass

Last Buyer's Agent

SUZANNE B CLOSE

Atlanta Fine Homes Sotheby's International License #165953

Atlanta Fine Homes Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,142

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 3,141

HOA Fees

  • $1,508 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Home Theater Equipment
  • Insulated Windows
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Family Room
  • Living Room
  • Open-Concept Dining Room
  • Home Office
  • Game Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Oversized primary bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Smart Home

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Wrap Around Porch
  • Glass Enclosed

Location

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

Schools

  • Garden Hills Elementary School
  • Willis A. Sutton Middle School
  • North Atlanta High School

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number 17 010000021579

Community Details

Overview

  • 65 Units
  • Cma Association
  • High-Rise Condominium
  • Phoenix On Peachtree Subdivision
  • Rental Restrictions

Amenities

  • Concierge
  • Clubhouse
  • Meeting Room

Recreation

  • Community Spa
  • Park
  • Trails

Security

  • Security Guard
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,142

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$1,508 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, High Rise (6 or more stories)
  • Property Condition: Updated/Remodeled
  • Year Built: 2001
  • Accessibility Features: Accessible Elevator Installed
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Other Equipment: Home Theater
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Water Heater, Refrigerator, Washer
  • Interior Amenities: Double Vanity, Elevator, Entrance Foyer 2 Story, Smart Home, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: No One Above
  • Additional Rooms: Den, Family Room, Game Room, Great Room - 2 Story, Living Room, Office
  • Dining Room Features: Great Room, Open Concept
  • Square Footage: 3140.00
  • Spa Features: Community
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master, Sitting Room
  • Main Bedrooms: 1
  • Total Bathrooms: 4
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Patio And Porch Features: Covered, Glass Enclosed, Wrap Around
  • Exterior Features: Balcony
  • Pool Features: Gunite, In Ground
  • View: City
  • Pool Private: Yes

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Covered, Deeded, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security Gate, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Laundry Room, Upper Floor
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Door person, Maintenance Exterior, Maintenance Grounds, Receptionist, Reserve Fund, Security
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Concierge, Fitness Center, Homeowners Assoc, Meeting Room, Near Schools, Near Shopping, Near Trails/Greenway, Park, Pool, Public Transportation, Sidewalks
  • Association Fee: 1508
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Phoenix on Peachtree

Association/Amenities

  • Number Of Units In Community: 65
  • Management Company: CMA

Schools

  • Elementary School: Garden Hills
  • Middle School: Willis A. Sutton
  • High School: North Atlanta

Lot Info

  • Acres: 0.0721
  • Parcel Number: 17 010000021579
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 13142.00
  • Assessor Parcel Number: 17-0100-0002-157-9
  • Close Date: 2020-07-10
  • Tax Year: 2018

MLS Schools

  • Elementary School: Garden Hills
  • High School: North Atlanta
  • Middle School: Willis A. Sutton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 10, 2020
Sold by
Finkelstein Brett L
Bought by
Biele Charles E and Biele Catherine D
Seller's Agent
Zack Williams
Compass
Buyer's Agent
SUZANNE B CLOSE
Atlanta Fine Homes Sotheby's International
List Price
$1,495,000
Sold Price
$1,362,500
Premium/Discount to List
-$132,500
-8.86%
Current Estimated Value
$1,572,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,118
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,021,880
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2016
Sold by
Finkelstein Brett
Bought by
14 Ivy Ridge Llc

Purchase Details

Listed on
Sep 24, 2013
Closed on
Jan 27, 2014
Sold by
Jenkins Jay W
Bought by
Finkelstein Brett
Seller's Agent
Troy Stowe
Ansley Real Estate | Christie's International Real Estate
Buyer's Agent
URI M VAKNIN
NOT A VALID MEMBER
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$760,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Biele Charles E $1,362,500 --
14 Ivy Ridge Llc -- --
Finkelstein Brett $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biele Charles E $999,999
Closed Biele Charles E $1,021,880
Previous Owner Finkelstein Brett $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $1,362,500 -8.9% $434 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $1,495,000 +57.4% $476 / Sq Ft
01/27/2014 01/27/14 Sold $950,000 -13.6% $303 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $1,100,000 -- $350 / 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 $18,183 $686,200 $68,280 $617,920
2023 $23,598 $570,000 $71,520 $498,480
2022 $20,636 $599,880 $71,520 $528,360
2021 $21,733 $536,480 $71,840 $464,640
2020 $15,567 $380,000 $85,200 $294,800
2019 $94 $380,000 $85,200 $294,800
2018 $13,142 $470,640 $85,200 $385,440
2017 $13,710 $317,440 $33,880 $283,560
2016 $13,745 $317,440 $33,880 $283,560
2015 $13,811 $317,440 $33,880 $283,560
2014 $12,234 $317,440 $33,880 $283,560
Source: Public Records

Agents Affiliated with this Home

  • Zack Williams

    Seller's Agent in 2020

    Zack Williams

    Compass

    (770) 714-0817

    1 in this area

    59 Total Sales

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  • SUZANNE B CLOSE

    Buyer's Agent in 2020

    SUZANNE B CLOSE

    Atlanta Fine Homes Sotheby's International Realty

    (770) 335-1880

    47 Total Sales

    Section Image
  • Troy Stowe

    Seller's Agent in 2014

    Troy Stowe

    Ansley Real Estate | Christie's International Real Estate

    (770) 314-7251

    95 Total Sales

    Section Image

  • U

    Buyer's Agent in 2014

    URI M VAKNIN

    NOT A VALID MEMBER

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About The Phoenix On Peachtree

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6689958

First Multiple Listing Service (FMLS)

APN: 17-0100-0002-157-9

Georgia Fulton County Atlanta 30305 Garden Hills

2881 Peachtree Rd NE Unit 2605, Atlanta, GA

This home is located at 2881 Peachtree Rd NE Unit 2605, Atlanta, GA 30305 since 12 March 2020 and is currently estimated at $1,572,618, approximately $500 per square foot. This property was built in 2001. 2881 Peachtree Rd NE Unit 2605 is a home located in Fulton County with nearby schools including Garden Hills Elementary School, Sutton Middle School, and North Atlanta High School.

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