NOT LISTED FOR SALE

Eco Lofts 3400 Malone Dr Unit 307 Atlanta, GA 30341

Estimated Value: $332,000 - $386,000

2 Beds
2 Baths
1,020 Sq Ft
$495/mo HOA Fee

Last Sold December 18, 2020

Last sale price $245,000 $240 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,756/month

42 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Chamblee Middle School Rated A-
  • Clubhouse
  • Property is walking distance to MARTA

About This Home

As of December 2020

Loft condo living in the heart of Chamblee with access to Chamblee’s Rail Trail at Keswick Park. This TOP FLOOR open concept loft with floor to ceiling windows and an oversized balcony, is located within walking of MARTA, Whole Foods, Downtown Chamblee and a host of shops and restaurants. This unit features an oversized master suite, stainless steel appliances, granite countertops, high ceilings, hardwood floors, laundry in the hall and more. Gated parking with 2 assigned covered spaces. Amenities include swimming pool, private dog park and gym. Condo dues include water, sewer and trash. Come enjoy all that Chamblee has to offer!

Last Agent to Sell the Property

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 10/05/2020

Mark Spain Real Estate

Co-Listed By

Patrice Williams

Atlanta Communities License #365417

Atlanta Communities

Last Buyer's Agent

Patrice Williams

Atlanta Communities License #365417

Atlanta Communities

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 2007

Lot Details

  • No Common Walls
  • Private Entrance
  • Landscaped
  • Steep Slope

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Composition Roof
  • Brick Front
  • Stucco

Interior Spaces

  • 1,020 Sq Ft Home
  • Roommate Plan
  • Ceiling height of 10 feet on the main level
  • Insulated Windows
  • Family Room
  • Wood Flooring
  • Laundry in Hall

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Outdoor Storage

Location

  • Property is walking distance to MARTA

Schools

  • Huntley Hills Elementary School
  • Chamblee Middle School
  • Chamblee Charter High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 18 299 13 056

Community Details

Overview

  • $990 Initiation Fee
  • Cma Association, Phone Number (404) 835-9100
  • 3400 Malone Lofts Subdivision

Amenities

Recreation

  • Dog Park
  • Trails

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,658

Year Built

Built in 2007

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Loft
  • Property Condition: Resale
  • Year Built: 2007
  • Levels Stories: Multi/Split
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator, Microwave
  • Interior Amenities: High Ceilings 10 ft Main, Double Vanity, High Speed Internet, Elevator, Walk-In Closet(s)
  • Kitchen Features: Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 1020.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Oversized Master, Roommate Floor Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick Front, Stucco
  • Roof Type: Composition
  • Exterior Features: Private Front Entry, Storage, Balcony

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s), Fire Sprinkler System
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Hall
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Maintenance Grounds, Swim/Tennis, Water
  • Community Features: Clubhouse, Gated, Homeowners Assoc, Near Trails/Greenway, Dog Park, Fitness Center, Pool, Sidewalks, Near Marta
  • Association Fee: 495
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Hoa Contact Phone: 404-835-9100
  • Management Phone: 404-835-9100
  • Subdivision Complex: 3400 Malone Lofts

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: CMA

Lot Info

  • Acres: 0.0340
  • Lot Features: Landscaped, Steep Slope
  • Parcel Number: 18 299 13 056
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 990

Tax Info

  • Taxes: 2658.00
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Huntley Hills
  • High School: Chamblee Charter
  • Middle School: Chamblee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Nnodim Ahamefula
Bought by
Sprott David and Sprott Carolyn
Current Estimated Value
$360,075

Purchase Details

Listed on
Oct 5, 2020
Closed on
Dec 18, 2020
Sold by
Dun David
Bought by
Nnodim Ahamefula
Seller's Agent
Mark Spain
Mark Spain Real Estate
Buyer's Agent
Patrice Williams
Atlanta Communities
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$183,750
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sprott David $285,000 --
Nnodim Ahamefula $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nnodim Ahamefula $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $245,000 -7.5% $240 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/02/2020 11/02/20 Price Changed $265,000 -3.6% $260 / Sq Ft
10/05/2020 10/05/20 For Sale $275,000 -- $270 / 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 $4,399 $151,320 $30,000 $121,320
2024 $3,754 $133,600 $30,000 $103,600
2023 $3,754 $130,800 $30,000 $100,800
2022 $2,986 $110,680 $15,400 $95,280
2021 $2,922 $112,400 $15,400 $97,000
2020 $2,750 $104,800 $15,400 $89,400
2019 $2,658 $98,720 $15,400 $83,320
2018 $2,136 $94,040 $15,400 $78,640
2017 $2,613 $86,280 $15,400 $70,880
2016 $2,261 $76,040 $15,400 $60,640
2014 $1,437 $54,800 $15,400 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6791564

First Multiple Listing Service (FMLS)

APN: 18-299-13-056