NOT LISTED FOR SALE

Estimated Value: $247,000 - $325,000

2 Beds
2 Baths
-- Sq Ft
$640/mo HOA Fee

Last Sold May 21, 2021

Last sale price $250,000

Est. 9% increase in value since last sale

Current estimated payment $2,412/month

19 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Peachtree Center
  • Wood Flooring
  • Midtown High School Rated A+
  • City View
  • 1-minute walk to Hardy Ivy Park

About This Home

As of May 2021

INCOME PRODUCING PROPERTY! No rental restrictions. Updated, renovated and FURNISHED! Begin making money immediately on this one! Not many condos downtown have balconies and they are not screened balconies. Located in the hotel district of Downtown Atlanta. Parks, bars,restaurants and entertainment venues, Mercedes-Benz Stadium, Phillips Arena, Georgia World Congress Center GA STATE UNIVERSITY, GA TECH and MORE! Downtown has the highest walk score of the entire city. HOA includes all utilities.24 hour concierge, on-site management and maintenance. Cleaners available for fee. It is very easy to run your Airbnb in this building all required resources are on site. The screened balcony is definitely a plus, not many downtown condo buildings have balconies and they certainly are not screened. Having the ability to rent a unit by the day is a plus!

Last Agent to Sell the Property

Robin Andrade

SELL ATLANTA License #319894 Listed on: 04/02/2021

Last Buyer's Agent

Sydnee Heidt

Virtual Properties Realty.com License #408592

Virtual Properties Realty.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1962

Lot Details

  • 871

HOA Fees

  • $640 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Hallway
  • Accessible Entrance

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • End Unit

Community Details

Overview

  • Association fees include maintenance exterior, trash, ground maintenance, sewer, water
  • High-Rise Condominium
  • Peachtree Towers Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,412

Year Built

Built in 1962

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 2
  • Basement: None
  • Interior Amenities: Other
  • Accessibility Features: Accessible Entrance, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Flooring: Hardwood, Tile, Carpet
  • Kitchen Features: Breakfast Bar

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Other
  • ExteriorFeatures: Balcony, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Screened
  • Property Condition: Resale
  • Roof: Other
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 7680
  • Association: Yes
  • Community Features: Fitness Center

Fee Information

  • Association Fee Includes: Maintenance Exterior, Trash, Maintenance Grounds, Sewer, Water

Schools

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

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 21, 2021
Sold by
Nemeth Stephen P
Bought by
Woolwine Chad
Seller's Agent
Robin Andrade
SELL ATLANTA
Buyer's Agent
Sydnee Heidt
Virtual Properties Realty.com
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Current Estimated Value
$271,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,863
Avg. Annual Appreciation
1.98%
Original Mortgage
$200,000
Outstanding Balance
$181,469
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,394

Purchase Details

Closed on
Jun 15, 2018
Sold by
Richard Patrice
Bought by
Nemeth Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,075
Interest Rate
4.6%
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 Buyer Sale Price Title Company
Woolwine Chad $250,000 --
Nemeth Stephen P $208,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolwine Chad $200,000
Closed Woolwine Chad $200,000
Previous Owner Nemeth Stephen P $198,075
Previous Owner Tesfamichael Tsehaye $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $250,000 +4.2% --
04/21/2021 04/21/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $240,000 -- --
Source: Georgia MLS

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 $3,523 $138,840 $15,640 $123,200
2023 $4,572 $110,440 $15,640 $94,800
2022 $3,924 $96,960 $12,600 $84,360
2021 $3,157 $77,920 $15,320 $62,600
2020 $3,412 $83,280 $20,000 $63,280
2019 $93 $77,920 $15,320 $62,600
2018 $2,424 $58,560 $7,640 $50,920
2017 $1,318 $30,520 $4,240 $26,280
2016 $1,322 $30,520 $4,240 $26,280
2015 $1,356 $30,520 $4,240 $26,280
2014 -- $20,640 $4,160 $16,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 8958916

Georgia MLS

APN: 14-0078-0014-142-2