$240,000
SOLD MAY 28, 2025

Oakland Park 563 Memorial Dr SE Unit 503 Atlanta, GA 30312

Oakland Neighborhood
1 Bed
1 Bath
806 Sq Ft
$327/mo HOA Fee

Recently Sold

$298 Per Sq Ft

16% Below List Price

165 Days on Market

Highlights

  • Fitness Center
  • City View
  • Property is near public transit
  • Gated Community
  • LEED For Homes
  • European Architecture

About This Home

As of May 2025

Welcome to your eco-friendly oasis in Cabbagetown/Reynoldstown! This stunning 1 bedroom, 1 bathroom condominium is in Atlanta's first LEED Certified building, offering not only luxury but sustainability at its core. Step inside to discover sun-lit wood flooring that complements the modern aesthetic. There is an additional office nook while the living area opens to a private balcony where you can unwind or entertain. The kitchen boasts stainless steel appliances for easy maintenance, a granite peninsula offering lots of prep space, and a view of the living area. Included is a coveted deeded parking space in the secure parking garage, ensuring both convenience and peace of mind. Residents also enjoy access to a community gym for staying active, and a rooftop deck complete with a grill and catering kitchen, ideal for entertaining guests against the backdrop of Atlanta's skyline! Located in the Cabbagetown/Reynoldstown area, this condominium offers a blend of urban convenience and serene living, with easy access to local restaurants like Six Feet Under and Ria's Bluebird and the vibrant city life of Cabbage Town and Grant Park. Just minutes to Publix, Kroger, The Eastern music venue, and surrounding restaurants. Don't miss out on this opportunity to experience convenience and community in one of Atlanta's most desirable neighborhoods. Schedule your showing today and make this condominium your new home! The property qualifies for Fannie Mae, Freddie Mac, VA, and FHA loans!

Last Agent to Sell the Property

David Wrenn

ERA Foster & Bond License #175834 Listed on: 12/02/2024

Last Buyer's Agent

ROB SMITH

Keller Williams Realty License #276660

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,216

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Cleared Lot

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • European Architecture
  • Composition Roof
  • Steel Siding
  • Stucco

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • High Ceiling
  • Home Office
  • Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Sustainable

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Drive Under Main Level
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Parkside Elementary School
  • King Middle School
  • Mh Jackson Jr High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • LEED For Homes

Listing and Financial Details

  • Tax Lot 44

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, pest control, trash
  • High-Rise Condominium
  • Oakland Park Subdivision

Recreation

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,216

Year Built

Built in 2007

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Type: Residential
  • District: 14TH
  • Year Built: 2007
  • ArchitecturalStyle: European
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Total Finished Area2: 806
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Bedrooms: 1
  • Basement: Concrete, None
  • Total Finished Sq Ft: 806
  • Above Grade Finished Sq Ft: 806
  • Interior Amenities: High Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Accessibility Features: Accessible Doors, Accessible Elevator Installed, Accessible Entrance, Accessible Hallway(s)
  • Full Bathrooms: 1
  • Flooring: Carpet, Sustainable
  • Kitchen Features: Breakfast Bar, Kitchen Island, Solid Surface Counters
  • Price Per Square Foot: 297.766

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Steel Siding, Stucco
  • ExteriorFeatures: Balcony
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Assigned, Basement, Garage
  • ParkingTotal: 1

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Heat Pump
  • Laundry Features: In Kitchen
  • Security Features: Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3924
  • Association: Yes
  • Community Features: Fitness Center, Gated, Sidewalks, Street Lights, Walk To Public Transit, Walk To Shopping

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Trash

Schools

  • Elementary School: Parkside
  • High School: MH Jackson Jr
  • High School Bus: Yes
  • Middle School: King
  • Middle School Bus: Yes
  • Elementary School: Parkside
  • Middle School: King
  • High School: MH Jackson Jr

Lot Info

  • Land Lot: 44
  • Deed Book: 45749
  • Deed Page: 317
  • Plat Book: 17
  • Plat Page: 427

Green Features

  • Green Building Verification Type: LEED For Homes
  • GreenWaterConservation: Low-Flow Fixtures

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5216

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
May 28, 2025
Sold by
Cugasi Family Revocable Trust
Bought by
563 Memorial Drive Unit 503 Llc
Seller's Agent
David Wrenn
ERA Foster & Bond
Buyer's Agent
ROB SMITH
Keller Williams Realty
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.85%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Cugasi John
Bought by
Cugasi John P and Cugasi Family Revocable Trust

Purchase Details

Listed on
Jul 23, 2014
Closed on
Dec 19, 2014
Sold by
Oakland Park Development Llc
Bought by
Cugasi John
Seller's Agent
Christa M Huffstickler
NOT A VALID MEMBER
Buyer's Agent
George Graham
NOT A VALID MEMBER
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$119,925
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2006
Sold by
Melaver Of Oakland Park Llc
Bought by
Oakland Park Dev Llc
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
Warranty Deed $240,000 --
Warranty Deed -- --
Warranty Deed $159,900 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,925 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $240,000 -4.0% $298 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $250,000 -9.1% $310 / Sq Ft
03/24/2025 03/24/25 Price Changed $275,000 -3.5% $341 / Sq Ft
12/02/2024 12/02/24 For Sale $285,000 0.0% $354 / Sq Ft
04/13/2023 04/13/23 Rented $1,700 0.0% --
03/28/2023 03/28/23 Price Changed $1,700 -5.6% $2 / Sq Ft
03/13/2023 03/13/23 Price Changed $1,800 -10.0% $2 / Sq Ft
02/28/2023 02/28/23 For Rent $2,000 +42.9% --
05/01/2020 05/01/20 Rented $1,400 0.0% --
04/25/2020 04/25/20 For Rent $1,400 0.0% --
04/09/2020 04/09/20 Under Contract -- -- --
03/23/2020 03/23/20 For Rent $1,400 -12.5% --
09/25/2018 09/25/18 Rented $1,600 0.0% --
09/05/2018 09/05/18 Under Contract -- -- --
08/13/2018 08/13/18 For Rent $1,600 +33.3% --
02/28/2015 02/28/15 Rented $1,200 -7.7% --
02/28/2015 02/28/15 For Rent $1,300 0.0% --
12/19/2014 12/19/14 Sold $159,900 0.0% $198 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $159,900 -- $198 / 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 $4,064 $142,000 $16,880 $125,120
2023 $4,064 $116,720 $14,280 $102,440
2022 $4,724 $116,720 $14,280 $102,440
2021 $4,472 $110,400 $26,160 $84,240
2020 $4,359 $106,400 $16,200 $90,200
2019 $135 $100,960 $15,400 $85,560
2018 $3,370 $81,400 $9,160 $72,240
2017 $2,624 $60,760 $7,920 $52,840
2016 $2,631 $60,760 $7,920 $52,840
2015 $2,638 $60,760 $7,920 $52,840
2014 $1,715 $37,820 $8,840 $28,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10420858

Georgia MLS

APN: 14-0044-0003-128-5