$225,000
SOLD NOV 6, 2024

741 Frederica St NE Unit 25 Atlanta, GA 30306

Virginia Highland Neighborhood
2 Beds
1 Bath
696 Sq Ft
$450/mo HOA Fee

Recently Sold

$323 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Walk-In Closet
  • Midtown High School Rated A+
  • Wood Flooring
  • 4-minute walk to North Highland Park

About This Home

As of November 2024

Vintage charm meets modern style in the only two bedroom unit located in this historic building, which has just been renovated throughout. The Frederica was originally built in 1929, and is located walking distance to The Beltline, Ponce City Market, The Clairmont Hotel, Publix, bars, restaurants, shops and more. This unit has maintained many of the historic dcor details of a 100 year old building, while having been updated with all the modern conveniences and efficiencies for 2024 living. Hardwood floors, shaker style cabinets, granite countertops and stainless appliances, new vanity in the bath, good closet space and in-unit laundry. The oversized primary bedroom has an exposed brick wall whispering the history of this great property. It also comes with a parking pass to use the lot behind the building for the potential for off-street parking, not the norm for these smaller old buildings. Amazing location! Great price!

Last Agent to Sell the Property

Susan Schlittler

Homestead Realtors, LLC License #11086 Listed on: 09/18/2024

Co-Listed By

Ashlee Heath

Homestead Realtors, LLC License #337211

Last Buyer's Agent

Roy Pankey

Bolst, Inc. License #410307

Bolst, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1929

Lot Details

  • Two or More Common Walls

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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 Air
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, reserve fund, trash
  • Mid-Rise Condominium
  • The Frederica Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,343

Year Built

Built in 1929

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • ArchitecturalStyle: Brick 4 Side
  • Co List Office: HMST01
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .02
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Bedrooms: 2
  • Basement: None
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

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

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Hot Water
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 5400
  • Association: Yes
  • Community Features: Sidewalks, Walk To Public Transit, Walk To Schools, Walk To Shopping

Fee Information

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

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Nov 6, 2024
Sold by
Thomas Preston Investments Llc
Bought by
Rodriguez Luis
Seller's Agent
Susan Schlittler
Homestead Realtors, LLC
Buyer's Agent
Roy Pankey
Bolst, Inc.
List Price
$227,500
Sold Price
$225,000
Premium/Discount to List
-$2,500
-1.1%
Views
70
Current Estimated Value
$229,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,931
Avg. Annual Appreciation
3.29%
Original Mortgage
$112,500
Outstanding Balance
$111,642
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$118,289
Source: Public Records

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Range of Values:

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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 $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $225,000 -1.1% $323 / Sq Ft
09/18/2024 09/18/24 For Sale $227,500 -- $327 / 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 $2,604 $103,680 $14,880 $88,800
2023 $2,604 $81,640 $12,720 $68,920
2022 $2,808 $81,640 $12,720 $68,920
2021 $3,212 $79,280 $12,360 $66,920
2020 $2,119 $51,720 $10,720 $41,000
2019 $99 $51,720 $10,720 $41,000
2018 $1,331 $51,720 $10,720 $41,000
2017 $1,389 $32,160 $8,000 $24,160
2016 $1,393 $32,160 $8,000 $24,160
2015 $1,427 $32,160 $8,000 $24,160
2014 $947 $32,160 $8,000 $24,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10381636

Georgia MLS

APN: 14-0016-0008-056-7