$1,212,000 - $1,769,000
RENTED AUG 30, 2025

868 Penn Ave NE Atlanta, GA 30308

Midtown Atlanta Neighborhood
5 Beds
5.5 Baths
4,121 Sq Ft
$368 Price per Sq Ft

Last Sold May 29, 2015

Last sale price $962,000 $233 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,145/month

Highlights

  • Open-Concept Dining Room
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Midtown High School Rated A+
  • City View
  • Deck

About This Home

As of August 2025

Available for Move-In on August 1st! Lease this Entertainer’s Dream Home in the Heart of Midtown! Complete with heated pool and low maintenance lifestyle backyard. Gorgeous, light-filled timeless home with beautifully modern, renovated interiors. Enjoy a smart and spacious layout with private owner’s suite, in addition to 4 bedrooms, each with an ensuite bathroom, and 4 interior fireplaces. Savvy upgrades include a whole-house water filtration system, dedicated storage, one-car detached garage, and parking pad. Inside, Scandinavian hardwood floors welcome you into a flowing, open floorplan with fireside family room, living room, and dining room. Create culinary delights with ease in the chef’s kitchen featuring farmhouse sink, stainless steel appliances, island breakfast bar, and walk-in pantry. Upstairs, a lofted bonus space offers the perfect area for a home office, gym, or media room if desired. Downstairs, a partially finished daylight basement provides amazing flex space with a private entrance and bathroom. Step outside to be greeted by your private outdoor escape! A multi-level, IPE wood and iron deck overlooks a fenced, grassy lawn with heated lap pool and outdoor fireplace. Beautiful landscaping continues around the entire property with covered patio, outdoor lighting, and zen-inspired fountain. Prime location! Situated on a serene, tree-lined street STEPS to the BeltLine, High Museum, Woodruff Arts Center, Piedmont Park, and so much more! HOME AVAILABLE MOSTLY FURNISHED for your convenience. Landlord covers partial utilities. Welcome home! See more about this home at our website or call for details.

Last Agent to Rent the Property

Sandy Stewart

Beacham and Company License #357375 Listed on: 06/13/2025

Beacham and Company

Last Renter's Agent

Sandy Stewart

Beacham and Company License #357375 Listed on: 06/13/2025

Beacham and Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,549

Year Built

  • Built in 1920

Lot Details

  • 6,752 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Detached Garage
  • Parking Pad
  • Rear-Facing Garage
  • Driveway

Property Views

  • City
  • Pool

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Tudor Architecture
  • Slate Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,121 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Bookcases
  • Coffered Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Open-Concept Dining Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Location

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

Schools

  • Virginia-Highland Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Dehumidifier
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $20,000
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 14 004900030209

Community Details

Overview

  • Application Fee Required
  • Midtown Subdivision

Amenities

  • Restaurant

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,549

Year Built

Built in 1920

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Tenant Pays: Cable TV, Electricity, Gas, Pest Control, Security
  • Credit Report Required: Yes
  • Deposit: 20000
  • Lease Term: 12 Months
  • Per Adult Dollar: 75.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 350.00
  • Deposit Required: Last Month’s Rent, Pet, Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Traditional, Tudor
  • Year Built: 1920
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 4121.00
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Hardwood
  • Fireplace Features: Basement, Family Room, Gas Log, Living Room, Master Bedroom, Outside
  • Number Of Fireplaces: 5
  • Other Equipment: Dehumidifier
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bookcases, Coffered Ceiling(s), Disappearing Attic Stairs, Double Vanity, Entrance Foyer, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry, Partial
  • Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Basement, Bonus Room, Family Room, Living Room, Loft, Office
  • Dining Room Features: Open Concept, Separate Dining Room
  • Square Footage: 4121.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: Oversized Master
  • Lower Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Slate
  • Fencing: Back Yard, Fenced, Privacy, Wood, Wrought Iron
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio
  • Exterior Features: Private Yard, Storage
  • Pool Features: Gunite, Heated, In Ground, Private
  • View: City, Pool
  • Pool Private: Yes

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 1
  • Parking Features: Detached, Driveway, Garage, Garage Faces Rear, Parking Pad

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Community Features: Dog Park, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Management: Owner Managed
  • Subdivision Complex: Midtown

Schools

  • Elementary School: Virginia-Highland
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.1550
  • Lot Features: Back Yard, Front Yard, Landscaped, Level, Private
  • Lot Dimensions: x
  • Parcel Number: 14 004900030209
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0049-0003-020-9
  • Close Date: 2025-08-30

MLS Schools

  • Elementary School: Virginia-Highland
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 29, 2015
Sold by
Jern Lisa C
Bought by
Freudenthaler Baerbel and Hofmarcher Dietmar
Seller's Agent
Lucy Kinnaird
Atlanta Communities
Buyer's Agent
Barbara Marxer
Atlanta Fine Homes Sotheby's International
List Price
$989,900
Sold Price
$962,000
Premium/Discount to List
-$27,900
-2.82%
Current Estimated Value
$1,517,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,895
Avg. Annual Appreciation
4.52%
Original Mortgage
$769,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2002
Sold by
Jern Lisa C
Bought by
Jern Lisa C and Jern Geoffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2000
Sold by
Masarek Jeffrey I
Bought by
Foster Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 1996
Sold by
Scott W Steed
Bought by
Masarek Jeffrey I

Purchase Details

Closed on
Nov 1, 1995
Sold by
Reid Zacquelyn B
Bought by
Scott W Steed
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
Freudenthaler Baerbel $962,000 --
Jern Lisa C -- --
Foster Lisa C $620,000 --
Masarek Jeffrey I $348,000 --
Scott W Steed $70,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freudenthaler Baerbel $705,000
Closed Freudenthaler Baerbel $100,000
Closed Freudenthaler Baerbel $769,600
Previous Owner Jern Lisa C $975,000
Previous Owner Jern Lisa C $75,000
Previous Owner Jern Lisa C $975,000
Previous Owner Jern Lisa C $508,500
Previous Owner Foster Lisa C $496,000
Previous Owner Meadows Arthur L $48,000
Closed Masarek Jeffrey I $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Rented $9,250 -7.5% --
08/16/2025 08/16/25 Under Contract -- -- --
06/13/2025 06/13/25 For Rent $10,000 -16.7% --
01/31/2024 01/31/24 Rented $12,000 +20.0% --
01/09/2024 01/09/24 Price Changed $10,000 -33.3% $2 / Sq Ft
11/21/2023 11/21/23 For Rent $15,000 0.0% --
05/29/2015 05/29/15 Sold $962,000 -2.8% $233 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $989,900 -- $240 / 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
2025 $13,549 $626,680 $112,440 $514,240
2023 $13,549 $470,000 $88,600 $381,400
2022 $15,089 $485,080 $88,600 $396,480
2021 $16,094 $457,160 $83,520 $373,640
2020 $16,126 $457,160 $83,520 $373,640
2019 $484 $457,160 $83,520 $373,640
2018 $15,931 $384,800 $44,920 $339,880
2017 $14,127 $384,800 $44,920 $339,880
2016 $16,662 $384,800 $44,920 $339,880
2015 $17,726 $384,800 $54,640 $330,160
2014 $19,243 $424,400 $33,920 $390,480
Source: Public Records

Agents Affiliated with this Home

  • Sandy Stewart

    Landlord's Agent in 2025

    Sandy Stewart

    Beacham and Company

    (404) 788-2978

    6 Total Sales

    Sandy Stewart
    Section Image

  • E

    Buyer's Agent in 2024

    Emily Allred

    Revival Properties Atlanta, LLC

    (205) 213-6047

    27 Total Sales

    Emily Allred
    Section Image
  • Lucy Kinnaird

    Seller's Agent in 2015

    Lucy Kinnaird

    Atlanta Communities

    (404) 422-7475

    21 Total Sales

    Lucy Kinnaird
    Section Image
  • Barbara Marxer

    Buyer's Agent in 2015

    Barbara Marxer

    Atlanta Fine Homes Sotheby's International Realty

    (404) 275-5071

    19 Total Sales

    Barbara Marxer
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7597567

First Multiple Listing Service (FMLS)

APN: 14-0049-0003-020-9

Georgia Fulton County Atlanta 30308 Midtown Atlanta

868 Penn Ave NE, Atlanta, GA

This home is located at 868 Penn Ave NE, Atlanta, GA 30308 since 13 June 2025 and is currently priced at $1,517,895. This property was built in 1920. 868 Penn Ave NE is a home located in Fulton County with nearby schools including Midtown High School, Kindezi Old 4th Ward, and Centennial Academy.

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