NOT LISTED FOR SALE

395 Central Park Place NE Unit 550 Atlanta, GA 30312

Old Fourth Ward Neighborhood

Estimated Value: $345,000 - $463,000

1 Bed
2 Baths
1,285 Sq Ft
$412/mo HOA Fee

Last Sold April 17, 2017

Last sale price $266,000 $207 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,789/month

77 Days on Market

Highlights

  • Fitness Center
  • Open-Concept Dining Room
  • City View
  • Midtown High School Rated A+
  • Gated Community
  • 5-minute walk to Central Park

About This Home

As of April 2017

Location, Location, Location! Walk to Midtown, The Fox, Piedmont Park, Beltline, Marta, 1 block behind Civic Ctr, Great Restaurants & Boutiques. Located on the 5th floor - corner end unit. Serene quiet setting overlooking Central Park. Exposed Ductwork, Concrete Flrs, Open floor plan flooded w natural light, Kitchen w granite ctops and gas stove. X-large master. Easy conversion to 2 BR if needed. HOA includes Fitness Rm/Sauna, gas, trash and elevator. 1 deeded covered parking space, 4 guest parking located on the Northeast side of building. Perfect plan to call home!

Last Agent to Sell the Property

Carolyn West

Total Choice Realty, Inc. License #176989 Listed on: 01/03/2017

Last Buyer's Agent

Michelle Kubea

Ansley Real Estate| Christie's International Real Estate License #270539

Ansley Real Estate| Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $412 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Open-Concept Dining Room
  • City Views
  • Security Gate
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Parking

  • 1 Parking Space
  • Covered Parking
  • Drive Under Main Level
  • Deeded Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is walking distance to MARTA
  • Property is near shops

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14 004700112231

Community Details

Overview

  • $824 Initiation Fee
  • High-Rise Condominium
  • Central Park Lofts Subdivision
  • Rental Restrictions

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Park

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,690

Year Built

Built in 2002

Lot Details

0

HOA Fees

$412 per month

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), Loft
  • Property Condition: Resale
  • Year Built: 2002
  • Accessibility Features: Accessible Elevator Installed
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Double Vanity, Elevator, Entrance Foyer, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Family Room
  • Dining Room Features: Open Concept
  • Square Footage: 1285.00

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Tar/Gravel
  • Patio And Porch Features: Patio
  • Exterior Features: Balcony
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned, Covered, Deeded, Drive Under Main Level

Utilities

  • Security: Fire Alarm, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Termite, Water
  • HOA Rent Restrictions: Yes
  • Community Features: Fitness Center, Gated, Homeowners Assoc, Near Marta, Near Shopping, Park, Public Transportation, Sauna
  • Association Fee: 412
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Central Park Lofts

Schools

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

Lot Info

  • Land/Lot: 47
  • Lot Features: Landscaped
  • Parcel Number: 14 004700112231
  • Property Attached Yn: Yes

Green Features

  • Efficiency: Doors, Windows

Rental Info

  • Initiation Fee: 824

Tax Info

  • Taxes: 1690.00
  • Assessor Parcel Number: 14-0047-0011-223-1
  • Close Date: 2017-04-17
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Apr 17, 2017
Sold by
Central Park Loft 550 Llc
Bought by
Nelson Lindsay
Seller's Agent
Carolyn West
Total Choice Realty, Inc.
Buyer's Agent
Michelle Kubea
Ansley Real Estate| Christie's International Real Estate
List Price
$272,000
Sold Price
$266,000
Premium/Discount to List
-$6,000
-2.21%
Current Estimated Value
$396,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,096
Avg. Annual Appreciation
4.94%
Original Mortgage
$212,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Freeman Cheryl A
Bought by
Central Park 550 Llc Cobb

Purchase Details

Closed on
Jul 7, 2009
Sold by
Wells Fargo Bk Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 17, 2003
Sold by
Central Park Lofts Llc
Bought by
Wells James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,920
Interest Rate
5.12%
Mortgage Type
Stand Alone Second
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
Nelson Lindsay $266,000 --
Central Park 550 Llc Cobb -- --
Federal Home Loan Mortgage Corporation -- --
Wells Fargo Bk Na $147,071 --
Wells James P $247,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Lindsay $220,500
Closed Nelson Lindsay $212,800
Previous Owner Wells James P $197,920
Previous Owner Wells James P $49,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $266,000 -2.2% $207 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/20/2017 03/20/17 Price Changed $272,000 +2.3% $212 / Sq Ft
03/17/2017 03/17/17 Price Changed $266,000 -2.2% $207 / Sq Ft
01/03/2017 01/03/17 For Sale $272,000 -- $212 / 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 $2,823 $165,120 $20,120 $145,000
2023 $5,163 $124,720 $18,720 $106,000
2022 $2,025 $124,720 $18,720 $106,000
2021 $1,936 $121,040 $18,160 $102,880
2020 $1,896 $119,640 $17,960 $101,680
2019 $134 $117,520 $17,640 $99,880
2018 $4,183 $101,040 $12,120 $88,920
2017 $1,681 $38,920 $7,000 $31,920
2016 $1,685 $38,920 $7,000 $31,920
2015 $1,731 $38,920 $7,000 $31,920
2014 $1,765 $38,920 $7,000 $31,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5788525

First Multiple Listing Service (FMLS)

APN: 14-0047-0011-223-1