$253,000
SOLD FEB 5, 2021

87 Peachtree St SW Unit 209 Atlanta, GA 30303

South Downtown Neighborhood
2 Beds
1 Bath
1,590 Sq Ft
$497/mo HOA Fee

Recently Sold

$159 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to Five Points
  • Wood Flooring
  • Midtown High School Rated A+
  • City View
  • Loft

About This Home

As of February 2021

AMAZING downtown loft with 14' ceilings, exposed brick walls, & lots of natural light. Original 100+ yr old hardwood floors from former days when this building was a department store. Granite countertops, center island, large master BR w/custom closet system. Enormous living room offers lots of entertainment options. You won't find this amount of space with a customizable floor plan for this price in this location (master is HUGE - the 2nd makes a great office/guest room). Located in the heart of downtown, the building has a rich history & offers walkability to the new Mercedes Benz Stadium, Home Depot Backyard, State Farm Arena, MARTA 5 Points station, GSU, Centennial Park, Underground Atl, great restaurants, coffee shops, & entertainment venues. If you love character, charm, and soul, THIS BUILDING HAS IT. A shared ROOFTOP herb garden, Gym, deck & grill space w/beautiful panoramic views of downtown Atlanta. Many new developments forthcoming to the area will surely increase value!

Last Agent to Sell the Property

Kilian Rief

Atlanta Communities License #367997 Listed on: 12/16/2020

Atlanta Communities

Last Buyer's Agent

Anthony Lacy

Lacy And Associates LLC License #177376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1900

Lot Details

  • Two or More Common Walls
  • Garden

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Family Room
  • Den
  • Loft
  • Wood Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Centennial Place Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 49 Units
  • Mid-Rise Condominium
  • Kessler Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14 007700031996

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,762

Year Built

Built in 1900

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1900
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1590.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Hardwood
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Microwave, Washer
  • Interior Amenities: High Ceilings 10 ft Main, High Speed Internet, Elevator
  • Kitchen Features: Breakfast Bar, Kitchen Island, Pantry, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Den, Family Room, Loft
  • Square Footage: 1590.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Patio And Porch Features: Rooftop
  • Exterior Features: Garden, Balcony
  • View: City
  • Foundation: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available
  • Electric: None

Condo/Co-op/Association

  • Association Fee: 497
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Subdivision Complex: Kessler Lofts

Association/Amenities

  • Number Of Units In Community: 49

Schools

  • Elementary School: Centennial Place
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.0370
  • Lot Features: Level
  • Lot Dimensions: x
  • Parcel Number: 14 007700031996
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1762.00
  • Assessor Parcel Number: 14-0077-0003-199-6
  • Close Date: 2021-02-05
  • Tax Year: 2019

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Centennial Place
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2023
Sold by
Wilson Eric D
Bought by
87 Peachtree Street Llc
Total Days on Market
25

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 5, 2021
Sold by
Lowe Yoruba
Bought by
Wilson Eric
Seller's Agent
Kilian Rief
Atlanta Communities
Buyer's Agent
Anthony Lacy
Lacy And Associates LLC
List Price
$265,000
Sold Price
$253,000
Premium/Discount to List
-$12,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$189,624
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Fannie Mae
Bought by
Lowe Yoruba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2007
Sold by
Clayton Terry W
Bought by
Colbert Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,872
Interest Rate
6.65%
Mortgage Type
New Conventional
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
Quit Claim Deed -- --
Warranty Deed $253,000 --
Deed -- --
Warranty Deed $197,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $189,624 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $103,098 FHA
Previous Owner $187,872 New Conventional
Previous Owner $31,600 Stand Alone Second
Previous Owner $30,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $350,000 +38.3% $220 / Sq Ft
02/05/2021 02/05/21 Sold $253,000 -4.5% $159 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $265,000 -- $167 / 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
2023 $4,188 $131,280 $18,800 $112,480
2022 $4,096 $101,200 $13,280 $87,920
2021 $1,995 $102,840 $13,720 $89,120
2020 $1,806 $96,160 $16,280 $79,880
2019 $97 $94,560 $16,000 $78,560
2018 $1,623 $67,680 $7,960 $59,720
2017 $48 $27,840 $4,840 $23,000
2016 $49 $27,840 $4,840 $23,000
2015 $83 $27,840 $4,840 $23,000
2014 $46 $27,840 $4,840 $23,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6819468

First Multiple Listing Service (FMLS)

APN: 14-0077-0003-199-6