$317,500
SOLD AUG 20, 2024

The Lofts at 5300 5300 Peachtree Rd Unit 2305 Atlanta, GA 30341

2 Beds
2 Baths
1,178 Sq Ft
$430/mo HOA Fee

Recently Sold

$270 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Chamblee
  • Gated Community
  • Chamblee Middle School Rated A-
  • Open-Concept Dining Room
  • City View

About This Home

As of August 2024

Welcome to vibrant Chamblee and this stunning two bedroom, two bath unit at 5300 Lofts! Experience contemporary, urban living in this open concept loft that seamlessly combines living, dining, and kitchen areas. The eat in kitchen with island boasts granite countertops, stainless steel appliances, and plenty of cabinets making it the perfect space for all your culinary needs. The spacious living room is light and bright and has a balcony that overlooks Peachtree. Generously sized Owners suite and secondary bedrooms both with large walk in closets. The development has left no stone unturned with all the modern amenities you could ever want. You'll have access to the business center, gym, and pool. Head up to the rooftop patio for outdoor grilling and entertaining or the tennis court for a little exercise. Want to bring the party indoors? Relax in the large game room with bar and pool table. The building has secure entry, on-site parking, a storage unit and professional management. Marta is across the street and makes commuting a breeze! Enjoy all of what downtown Chamblee has to offer from walkability to top tier restaurants like Southbound, Hopstix, and Blue Top. This prime location also is just across the street from Marta making commuting a breeze! This is truly a fantastic live, work, play neighborhood!

Last Agent to Sell the Property

Jane McAuley

Coldwell Banker Realty License #285038 Listed on: 07/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Chip Ivie

Compass License #169670

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Great Room
  • Open-Concept Dining Room
  • City Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Deeded Parking
  • Assigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 18 299 19 084

Community Details

Overview

  • $778 Initiation Fee
  • 242 Units
  • Heritage Association
  • Secondary HOA Phone (770) 510-9763
  • Lofts At 5300 Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Amenities

  • Laundry Facilities

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,937

Year Built

Built in 2005

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Modern
  • Property Condition: Resale
  • Year Built: 2005
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Kitchen Island, Solid Surface Counters, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Great Room
  • Dining Room Features: Open Concept
  • Square Footage: 1178.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Stucco
  • Roof Type: Composition
  • Exterior Features: Balcony
  • View: City
  • Pool Private: No
  • Foundation: See Remarks

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Covered, Deeded

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Swim, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Fitness Center, Gated, Homeowners Assoc, Near Public Transport, Pool, Public Transportation, Sidewalks
  • Association Fee: 430
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Company Email: wsmith@heritageproperty.com
  • Management Phone: 770-510-9763
  • Subdivision Complex: Lofts At 5300

Association/Amenities

  • Number Of Units In Community: 242
  • Management Company: Heritage

Schools

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

Lot Info

  • Acres: 0.0285
  • Land/Lot: 299
  • Deed Book: 17560
  • Deed Page: 151
  • Plat Book: 152
  • Plat Page: 66
  • Lot Features: Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 18 299 19 084
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 778

Tax Info

  • Taxes: 2937.00
  • Assessor Parcel Number: 18-299-19-084
  • Close Date: 2024-08-20
  • Tax Year: 2023

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

Listed on
Jul 19, 2024
Closed on
Aug 7, 2024
Sold by
Weir Matthew Raymond
Bought by
Margolis David B Tr and Margolis Amy S Tr
Seller's Agent
Jane McAuley
Coldwell Banker Realty
Buyer's Agent
Chip Ivie
Compass
List Price
$325,000
Sold Price
$317,500
Premium/Discount to List
-$7,500
-2.31%
Views
36
Current Estimated Value
$332,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,447
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Oct 21, 2019
Closed on
Feb 21, 2020
Sold by
Grow Zuzu Llc
Bought by
Weir Matthew Raymond
Seller's Agent
Sajid Qureshi
Chapman Hall Realtors
Buyer's Agent
Babak Moaveni
Lambros Realty, LLC.
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
Mackins Richard N
Bought by
Grow Zuzu Llc

Purchase Details

Closed on
Jul 10, 2008
Sold by
Peachtree 5300
Bought by
Mackins Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,391
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

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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
Quit Claim Deed $317,500 --
Warranty Deed $250,000 --
Foreclosure Deed $231,000 --
Deed $216,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 New Conventional
Previous Owner $188,900 New Conventional
Previous Owner $194,391 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $317,500 -2.3% $270 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $325,000 +30.0% $276 / Sq Ft
02/21/2020 02/21/20 Sold $250,000 -2.0% $212 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/25/2019 12/25/19 Price Changed $255,000 -1.5% $216 / Sq Ft
10/21/2019 10/21/19 For Sale $259,000 -- $220 / 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
2023 $3,377 $123,240 $20,000 $103,240
2022 $2,916 $108,920 $18,000 $90,920
2021 $2,581 $99,160 $18,000 $81,160
2020 $3,952 $92,400 $17,040 $75,360
2019 $2,652 $97,400 $18,000 $79,400
2018 $2,140 $87,240 $18,000 $69,240
2017 $2,293 $75,800 $18,000 $57,800
2016 $2,005 $69,040 $24,600 $44,440
2014 $1,463 $55,520 $24,600 $30,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7424015

First Multiple Listing Service (FMLS)

APN: 18-299-19-084