NOT LISTED FOR SALE

Estimated Value: $210,000 - $245,000

1 Bed
1 Bath
722 Sq Ft
$552/mo HOA Fee

Last Sold December 15, 2020

Last sale price $175,000 $242 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,825/month

187 Days on Market

Highlights

  • City View
  • 4-minute walk to Peachtree Center
  • Traditional Architecture
  • Midtown High School Rated A+
  • Property is walking distance to MARTA
  • 1-minute walk to Hardy Ivy Park

About This Home

As of December 2020

Attention investors! You must see this great income generating property and add it to your portfolio as one of your easiest investments to manage. With a 24-Hour concierge and all utilities included in the HOA dues, there's little to do except list on Airbnb or VRBO and enjoy the cash-flow. Sitting on one of the highest floors in the building and in the heart of Downtown Atlanta; the views, walkability, recent updates, and connection to public transportation make this unit a very desirable place for guests to stay. Consistent bookings are also thanks to proximity to Atlanta's many nearby attractions, parks, museums, sports venues, convention centers and much more! Very close to GA Tech and GA State as well, which presents a nice option for the condo to be marketed to student renters as well. You must see this condo - you can never go wrong with a smart investment!

Last Agent to Sell the Property

THE ZAC TEAM

RE/MAX Metro Atlanta Cityside Listed on: 04/19/2020

RE/MAX Metro Atlanta Cityside

Co-Listed By

ANDREW COCHRAN

NOT A VALID MEMBER License #372470

Last Buyer's Agent

Zhongju Li

Georgia Realty Brokers International Corporation License #352488

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1962

Lot Details

  • 741

HOA Fees

  • $552 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 722 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Soaking Tub

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Courtyard
  • No Common Walls
  • Property is walking distance to MARTA

Listing and Financial Details

  • Assessor Parcel Number 14 007800142099

Community Details

Overview

  • $500 Initiation Fee
  • 330 Units
  • High-Rise Condominium
  • Peachtree Towers Subdivision

Additional Features

  • Business Center
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,838

Year Built

Built in 1962

Lot Details

0

HOA Fees

$552 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: High Rise (6 or more stories), Traditional
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 1962
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement: Unfinished
  • Kitchen Features: Cabinets Other, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Great Room - 1 Story
  • Square Footage: 722.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Exterior Features: Courtyard
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Service
  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Cable Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Door person, Electricity, Insurance, Maintenance Exterior, Trash, Receptionist, Sewer, Water
  • Community Features: Business Center, Homeowners Assoc, Near Marta
  • Association Fee: 552
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Peachtree Towers

Association/Amenities

  • Number Of Units In Community: 330

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Deed Book: 57248
  • Deed Page: 200
  • Lot Features: Level
  • Parcel Number: 14 007800142099
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 500

Tax Info

  • Taxes: 2838.00
  • Assessor Parcel Number: 14-0078-0014-209-9
  • Close Date: 2020-12-15
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Wepartner Investment Llc
Bought by
Shen Zhaoju
Current Estimated Value
$232,916

Purchase Details

Listed on
Apr 19, 2020
Closed on
Dec 15, 2020
Sold by
Rg 300 Peachtree Llc
Bought by
Wepartner Investment Llc
Seller's Agent
THE ZAC TEAM
RE/MAX Metro Atlanta Cityside
Buyer's Agent
Zhongju Li
Georgia Realty Brokers International Corporation
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$100,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 29, 2016
Sold by
Rothstein Paul
Bought by
Rg 300 Peachtree Llc
Seller's Agent
Freda Kalina
Virtual Properties Realty.Net, LLC.
Buyer's Agent
BRIAN ROTHSTEIN
NOT A VALID MEMBER
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$94,400
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 8, 2016
Sold by
Ma Asuncion
Bought by
Rothstein Paul
Seller's Agent
Freda Kalina
Virtual Properties Realty.Net, LLC.
Buyer's Agent
BRIAN ROTHSTEIN
NOT A VALID MEMBER
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
3.57%
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
Shen Zhaoju $230,000 --
Wepartner Investment Llc $175,000 --
Rg 300 Peachtree Llc -- --
Rothstein Paul $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wepartner Investment Llc $100,000
Previous Owner Rothstein Paul $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $175,000 -2.8% $242 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
08/20/2020 08/20/20 Price Changed $180,000 -5.3% $249 / Sq Ft
07/16/2020 07/16/20 Price Changed $190,000 -2.6% $263 / Sq Ft
06/15/2020 06/15/20 Price Changed $195,000 -2.5% $270 / Sq Ft
04/19/2020 04/19/20 For Sale $200,000 +69.5% $277 / Sq Ft
12/08/2016 12/08/16 Sold $118,000 -1.7% $188 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $120,000 -- $191 / 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 $34 $107,000 $13,680 $93,320
2023 $3,809 $92,000 $12,680 $79,320
2022 $3,000 $74,120 $11,040 $63,080
2021 $2,797 $69,040 $17,760 $51,280
2020 $3,022 $73,760 $17,480 $56,280
2019 $93 $69,080 $13,400 $55,680
2018 $2,151 $51,960 $6,680 $45,280
2017 $1,170 $27,080 $3,720 $23,360
2016 $48 $27,080 $3,720 $23,360
2015 $1,207 $27,080 $3,720 $23,360
2014 -- $18,280 $3,640 $14,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6711926

First Multiple Listing Service (FMLS)

APN: 14-0078-0014-209-9