$241,000
SOLD OCT 3, 2024
1 Bed
1 Bath
609 Sq Ft
$529/mo HOA Fee

Recently Sold

$396 Per Sq Ft

3% Above List Price

52 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Peachtree Center
  • City View
  • Midtown High School Rated A+
  • Open-Concept Dining Room
  • 2-minute walk to Hardy Ivy Park

About This Home

As of October 2024

Welcome to your renovated, cozy, and stylish condo on the 22nd floor of Peachtree Towers! This 1 bedroom, 1 bathroom home is perfect for anyone looking for a chic urban retreat in the heart of Atlanta. This investor-friendly unit boasts ZERO HOA rental restrictions, making it a great opportunity for those looking to generate rental income. Currently operating as an established Airbnb with great reviews, this condo is sold completely turnkey furnished, including kitchenware and linens, and is available for immediate rental. The unit features a well-equipped kitchen with custom KraftMaid cabinetry, granite countertops, and stainless steel appliances, including a Fisher&Paykel refrigerator, GE profile range and microwave, and under cabinet lighting, making it perfect for any culinary enthusiast. The fully remodeled bathroom boasts floor-to-ceiling tile and a sleek walk-in shower. Enjoy the spectacular south-facing skyline views from the screened-in balcony, ideal for morning coffee or evening wine. Peachtree Towers is a secure building with 24-hour concierge service and an updated laundry facility and vending machines in the basement. All utilities (except internet) are included in the HOA fees, ensuring hassle-free living or renting. Located steps away from Mercedes Benz Stadium, Georgia State University, Marta Stations, and more, this condo offers unparalleled access to the city's dining, entertainment, and business centers. Don't miss out on this exceptional investment opportunity for generating rental income within Downtown Atlanta's thriving Hotel, Convention, and Entertainment District.

Last Agent to Sell the Property

DeShawn Snow

Atlanta Fine Homes Sotheby's International License #277371 Listed on: 07/25/2024

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Tocarra Watson

Boardwalk Realty Associates, Inc. License #376278

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1962

Lot Details

  • Two or More Common Walls
  • Private Entrance

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 609 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Open-Concept Dining Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit

Schools

  • Hope-Hill Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 007800142503

Community Details

Overview

  • Carter Communities Inc. Association
  • Secondary HOA Phone (770) 517-7743
  • High-Rise Condominium
  • Peachtree Towers Subdivision
  • FHA/VA Approved Complex

Amenities

  • Concierge
  • Laundry Facilities

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,432

Year Built

Built in 1962

Lot Details

0

HOA Fees

$529 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Legal Description: X
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: High Rise (6 or more stories)
  • Property Condition: Resale
  • Year Built: 1962
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 609.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 609.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 1
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick
  • Roof Type: Composition
  • Patio And Porch Features: Covered
  • Exterior Features: Balcony, Private Entry
  • View: City
  • Pool Private: No
  • Foundation: Brick/Mortar, Concrete Perimeter

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Key Card Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Electricity, Gas, Pest Control, Termite, Water
  • Community Features: Concierge, Homeowners Assoc, Near Public Transport
  • Association Fee: 529
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Phone: 770-517-7743
  • Subdivision Complex: Peachtree Towers

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Carter Communities Inc.

Schools

  • Elementary School: Hope-Hill
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.0140
  • Deed Book: 67714
  • Deed Page: 344
  • Lot Dimensions: X
  • Parcel Number: 14 007800142503
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3432.00
  • Assessor Parcel Number: 14-0078-0014-250-3
  • Close Date: 2024-10-03
  • Tax Year: 2023

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Hope-Hill
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 3, 2024
Sold by
Chm365worldwide Llc
Bought by
Kamau Henry
Seller's Agent
DeShawn Snow
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Tocarra Watson
Boardwalk Realty Associates, Inc.
List Price
$235,000
Sold Price
$241,000
Premium/Discount to List
$6,000
2.55%
Views
13
Current Estimated Value
$229,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,912
Avg. Annual Appreciation
-4.49%
Original Mortgage
$228,950
Outstanding Balance
$226,991
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$3,603

Purchase Details

Closed on
Nov 20, 2023
Sold by
Ivanova Polina B
Bought by
Chm365worldwide Llc

Purchase Details

Closed on
Apr 13, 2023
Sold by
Barajas Veronica
Bought by
Ivanova Polina B and Martin Mario J

Purchase Details

Closed on
Jun 6, 2022
Sold by
Bolin Thomas S
Bought by
Barajas Veronica and Barajas Family Rev Liv Tr

Purchase Details

Closed on
Nov 15, 1997
Sold by
Miller J R and Miller Henrietta Q
Bought by
Hunter Gail D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,259
Interest Rate
7.38%
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 Type Sale Price Title Company
Warranty Deed $241,000 --
Quit Claim Deed -- --
Trustee Deed $236,000 --
Warranty Deed $247,500 --
Deed $85,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,950 New Conventional
Previous Owner $29,259 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $241,000 +2.6% $396 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $235,000 -- $386 / 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 $2,673 $109,880 $11,520 $98,360
2023 $3,469 $83,800 $11,520 $72,280
2022 $2,365 $58,440 $9,320 $49,120
2021 $2,336 $54,920 $15,000 $39,920
2020 $2,537 $61,920 $14,720 $47,200
2019 $93 $58,000 $11,320 $46,680
2018 $1,807 $43,640 $5,640 $38,000
2017 $981 $22,720 $3,120 $19,600
2016 $984 $22,720 $3,120 $19,600
2015 $1,017 $22,720 $3,120 $19,600
2014 -- $15,320 $3,040 $12,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7427215

First Multiple Listing Service (FMLS)

APN: 14-0078-0014-250-3