NOT LISTED FOR SALE

Estimated Value: $520,000 - $528,000

2 Beds
2 Baths
1,250 Sq Ft
$32/mo HOA Fee

Last Sold December 01, 2022

Last sale price $325,000 $260 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,166/month

2 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • Walk-In Pantry
  • Midtown High School Rated A+
  • Property is near public transit
  • Balcony

About This Home

As of December 2022

Welcome to 587 Virginia Avenue, A place where you can have all the amenities the City of Atlanta has to offer. Step outside this well structured building and you're at the entrance of the one and only Atlanta Belt-line. Walk less than half a block and you are at Piedmont Park. This well secured building community is also surrounded by great shops and restaurants. Enjoy the newly renovated Midtown Promenade, Ponce City Market and many more with just a short walk away. This spacious condo that has been renovated boast two master suites perfect for a roommate plan * walk-in closets * private covered balcony with breathtaking views of the Atlanta Skyline * private assigned garage parking * free parking for your quest * big storage room. Come see this very inviting open concept condo in the very friendly sought after community of Virginia Highlands. Make this blank canvas your new masterpiece and be part of something amazing.

Last Agent to Sell the Property

William Becker

Coldwell Banker Realty License #392472 Listed on: 11/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Deborah Lawrence

eXp Realty License #416798

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1990

Lot Details

  • 1,307

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Ceiling Fan
  • Entrance Foyer
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Drive Under Main Level
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Grady High School

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 53/54

Community Details

Overview

  • $200 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, pest control, trash
  • High-Rise Condominium
  • Virginia Hill Subdivision

Recreation

  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,949

Year Built

Built in 1990

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential
  • District: 17
  • Year Built: 1990
  • ArchitecturalStyle: Contemporary
  • Financing Type: Cash
  • GreenEnergyEfficient: Thermostat, Water Heater
  • Levels: Two
  • Lot Size Acres: .03
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Total Finished Area2: 1250
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 1250
  • Above Grade Finished Sq Ft: 1250
  • Interior Amenities: Roommate Plan, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Flooring: Other, Tile
  • Kitchen Features: Breakfast Bar, Walk-in Pantry
  • Price Per Square Foot: 247.2

Beds/Baths

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

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Concrete, Other
  • ExteriorFeatures: Balcony
  • Lot Features: Level, Other
  • Property Condition: Resale
  • Roof: Other
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Assigned, Basement, Garage, Garage Door Opener, Storage
  • ParkingTotal: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 385
  • Association: Yes
  • Community Features: Park, Sidewalks, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 200
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Trash

Schools

  • Elementary School: Springdale Park
  • High School: Grady
  • Middle School: David T Howard
  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Grady

Lot Info

  • Lot: 53/54

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Dec 1, 2022
Sold by
Benk Henry R
Bought by
Tufts Kathryn Cole
Seller's Agent
William Becker
Coldwell Banker Realty
Buyer's Agent
Deborah Lawrence
eXp Realty
List Price
$309,000
Sold Price
$325,000
Premium/Discount to List
$16,000
5.18%
Current Estimated Value
$524,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,568
Avg. Annual Appreciation
19.64%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Spalding James E
Bought by
Harbuck Kim and Harbuck Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tufts Kathryn Cole $325,000 --
Harbuck Kim $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Melissa $147,000
Previous Owner Harbuck Kim $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Off Market $325,000 -- --
12/01/2022 12/01/22 Sold $325,000 +5.2% $260 / Sq Ft
11/13/2022 11/13/22 For Sale $309,000 -- $247 / 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 $2,836 $180,720 $27,200 $153,520
2023 $2,836 $130,000 $22,480 $107,520
2022 $2,756 $156,080 $26,560 $129,520
2021 $2,949 $161,480 $27,680 $133,800
2020 $2,741 $159,560 $27,360 $132,200
2019 $113 $156,760 $26,880 $129,880
2018 $3,576 $153,040 $26,240 $126,800
2017 $2,482 $114,400 $13,080 $101,320
2016 $2,485 $114,400 $13,080 $101,320
2015 $2,486 $114,400 $13,080 $101,320
2014 -- $93,720 $27,920 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10110334

Georgia MLS

APN: 17-0053-0016-016-8