NOT LISTED FOR SALE

The Lofts at 5300 5300 Peachtree Rd Unit 1505 Chamblee, GA 30341

Estimated Value: $312,946 - $342,000

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

Last Sold September 03, 2024

Last sale price $295,000 $250 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,629/month

187 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to Chamblee
  • Great Room
  • Chamblee Middle School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of September 2024

NOW OFFERING $2000 TOWARD CLOSING COSTS. Great Condo, in a Great Building, in a Great Location! Call today to see this one before it is gone. The home has new paint and new carpet in neutral colors. It feels fresh and move-in ready. This meticulously maintained 2-bedroom, 2-bathroom home is the epitome of urban living, offering a perfect blend of convenience and comfort. Step inside and discover new ceiling fans, new flooring, along with upgraded new toilets. The two-bedroom layout is the best in the building, with both rooms featuring ample windows overlooking a charming courtyard and boasting spacious walk-in closets. The air conditioning unit was updated a few years ago. All appliances are included. Washer and dryer, too! A Juliette balcony off the living room, provides fresh air and bright, natural light. The well-appointed kitchen is equipped with stainless steel appliances, plenty of cabinetry, and a generously sized kitchen island. This condo in is the perfect spot in the building - Street level from the sidewalk on Peachtree, but once in the unit, you are on the second level, overlooking one of several courtyards. You get no street traffic or Marta noise and plenty of privacy. If you enter from the gated garage, where you will own two deeded parking spots in the covered garage (168 and 170), you'll appreciate no need to climb stairs or need the elevators. Unloading the car is a easy trip to your front door. The community amenities are notable. Private pool to cool down and relax, rooftop patio for BBQs and a game of tennis, a well equip gym, and a social room to meet your neighbors or a place to work. The building is nestled in a prime location within walking distance to restaurants, shops, MARTA, and various services, ensuring you're at the center of it all. You really need to see this one in person to appreciate all you get to enjoy when this is your home. This property is not just a home; it's a lifestyle. Seize the opportunity to own a piece of urban paradise where the price is right, the quality is impeccable, and the location is perfect. Don't miss this condo in the vibrant heart of Chamblee!

Last Agent to Sell the Property

Brianna Smull-Maier

Virtual Properties Realty.com License #406331 Listed on: 02/02/2024

Virtual Properties Realty.com

Last Buyer's Agent

Natalie Rodriguez

Atlanta Communities License #419143

Atlanta Communities

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 2005

Lot Details

  • 1,742

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Great Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Property is near shops

Listing and Financial Details

  • Tax Lot 15-5

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, reserve fund, swimming, tennis
  • Mid-Rise Condominium
  • The Lofts At Peachtree Subdivision

Recreation

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,279

Year Built

Built in 2005

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • ArchitecturalStyle: Traditional
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .04
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 1178
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1178
  • Above Grade Finished Sq Ft: 1178
  • Interior Amenities: Master On Main Level, Roommate Plan, Split Bedroom Plan, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Flooring: Carpet, Laminate

Beds/Baths

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

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Balcony
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 5160
  • Association: Yes
  • Community Features: Gated, Pool, Sidewalks, Street Lights, Tennis Court(s), Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Reserve Fund, Swimming, Tennis

Schools

  • Elementary School: Huntley Hills
  • High School: Chamblee
  • High School Bus: Yes
  • Middle School: Chamblee
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 299
  • Lot: 15-5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5279

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Sep 3, 2024
Sold by
Thropp Amy K
Bought by
Barakeh Omar
Seller's Agent
Brianna Smull-Maier
Virtual Properties Realty.com
Buyer's Agent
Natalie Rodriguez
Atlanta Communities
List Price
$345,000
Sold Price
$295,000
Premium/Discount to List
-$50,000
-14.49%
Views
193
Current Estimated Value
$323,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,737
Avg. Annual Appreciation
7.66%
Original Mortgage
$236,000
Outstanding Balance
$233,118
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$90,619

Purchase Details

Closed on
Mar 28, 2017
Sold by
Brown Donnie W
Bought by
Thropp Steven N and Thropp Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Girard Heidi Davee
Bought by
Brown Donnie W and Sanders Carroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2011
Sold by
Domus Grp Llc
Bought by
Girard Heidi Davee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,816
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barakeh Omar $295,000 --
Thropp Steven N $215,000 --
Brown Donnie W $180,000 --
Girard Heidi Davee $120,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barakeh Omar $236,000
Previous Owner Thropp Steven N $161,250
Previous Owner Brown Donnie W $176,739
Previous Owner Girard Heidi Davee $117,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $295,000 0.0% $250 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
05/31/2024 05/31/24 Off Market $295,000 -- --
05/20/2024 05/20/24 Price Changed $322,000 -3.0% $273 / Sq Ft
05/07/2024 05/07/24 Price Changed $331,900 -0.9% $282 / Sq Ft
04/11/2024 04/11/24 Price Changed $334,900 -0.8% $284 / Sq Ft
03/07/2024 03/07/24 Price Changed $337,500 -0.6% $287 / Sq Ft
02/27/2024 02/27/24 Price Changed $339,500 -1.6% $288 / Sq Ft
02/02/2024 02/02/24 For Sale $345,000 -- $293 / Sq Ft
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 $5,950 $128,160 $20,000 $108,160
2024 $5,413 $122,280 $20,000 $102,280
2023 $5,413 $120,160 $20,000 $100,160
2022 $4,767 $112,120 $18,000 $94,120
2021 $4,460 $106,080 $18,000 $88,080
2020 $4,169 $97,520 $18,000 $79,520
2019 $4,078 $95,680 $18,000 $77,680
2018 $2,720 $86,000 $17,600 $68,400
2017 $3,097 $71,988 $16,148 $55,840
2016 $1,869 $69,240 $24,600 $44,640
2014 $1,352 $53,120 $24,600 $28,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10247494

Georgia MLS

APN: 18-299-19-083