NOT LISTED FOR SALE

87 Peachtree St SW Unit 409 Atlanta, GA 30303

South Downtown Neighborhood

Estimated Value: $231,000 - $314,000

1 Bed
1 Bath
1,148 Sq Ft
$39/mo HOA Fee

Last Sold September 09, 2022

Last sale price $285,000 $248 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,578/month

5 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to Five Points
  • Deck
  • Midtown High School Rated A+
  • City View
  • Property is near public transit

About This Home

As of September 2022

This beautiful fourth-floor loft in the historic Kessler building is in the heart of South Downtown, and close to everything. Enjoy sunsets and skyline views through the oversized window in the spacious open-concept living area with soaring ceilings, original wood floors, custom-built open shelving, and exposed brick. Professionally designed kitchen with custom cabinetry and stainless steel appliances was recently renovated in 2020 to be a beautiful and functional space to cook and entertain. The huge master bedroom opens to a master bathroom with recent upgrades. Laundry room and two closets offer ample storage space. A rooftop deck gives building residents a beautiful place to entertain with spectacular views of the city, along with a community garden and gym. A dedicated parking space in a secure covered garage makes driving a convenient option, though you will enjoy being steps away from Five Points MARTA station, and very near Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, Georgia State University, Underground Atlanta, Castleberry Hill, restaurants, coffee shops, shopping, music venues, and more. If you're looking for downtown living with character, history, and soul, this is it!

Last Agent to Sell the Property

Stacey Morris

Keller Williams Realty Buckhead License #337862 Listed on: 07/21/2022

Keller Williams Realty Buckhead

Co-Listed By

Nathan Penner

Keller Williams Realty Buckhead License #410743

Last Buyer's Agent

Rockey Fields

Atlanta Communities License #335631

Atlanta Communities

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $672

Year Built

  • Built in 1900

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $39 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Den
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Assigned Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • City Lot

Schools

  • David T Howard Middle School
  • Midtown High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $250 Initiation Fee
  • Association fees include facilities fee, insurance, maintenance exterior, ground maintenance, management fee, pest control, reserve fund, trash
  • High-Rise Condominium
  • Kessler City Lofts Subdivision

Recreation

  • Fitness Center

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$672

Year Built

Built in 1900

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Residential
  • Unit: 50
  • Year Built: 1900
  • ArchitecturalStyle: Brick 4 Side
  • Co List Office: KWBA01
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .03
  • Property Sub-Type: Condominium
  • Structure Type: High Rise
  • Total Finished Area2: 1148
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 1148
  • Above Grade Finished Sq Ft: 1148
  • Interior Amenities: Bookcases, High Ceilings, Tile Bath
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Price Per Square Foot: 248.257

Beds/Baths

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

Exterior Features

  • Common Walls: 1 Common Wall, End Unit
  • Construction Materials: Brick, Concrete
  • Foundation Details: Slab
  • Lot Features: City Lot
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Concrete
  • View: City

Garage/Parking

  • Parking Features: Assigned, Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric, Hot Water
  • Laundry Features: In Hall
  • Security Features: Key Card Entry
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 469
  • Association: Yes
  • Community Features: Fitness Center, Walk To Public Transit, Walk To Shopping

Fee Information

  • Initiation Fee: 250
  • Association Fee Includes: Facilities Fee, Insurance, Maintenance Exterior, Maintenance Grounds, Management Fee, Pest Control, Reserve Fund, Trash

Schools

  • Elementary School: Other
  • High School: Midtown
  • High School Bus: No
  • Middle School: David T Howard
  • Middle School Bus: No
  • Elementary School: Other
  • Middle School: David T Howard
  • High School: Midtown

Tax Info

  • Year: 2021
  • Tax Annual Amount: 672

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 9, 2022
Sold by
Penner Nathan
Bought by
Mister Marcus
Seller's Agent
Stacey Morris
Keller Williams Realty Buckhead
Buyer's Agent
Rockey Fields
Atlanta Communities
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
4
Current Estimated Value
$262,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,140
Avg. Annual Appreciation
-2.40%
Original Mortgage
$261,250
Outstanding Balance
$250,581
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$14,217

Purchase Details

Listed on
Apr 2, 2016
Closed on
Nov 29, 2016
Sold by
Condomin Citylofts
Bought by
Penner Nathan
Seller's Agent
BENJAMIN LEVIN
NOT A VALID MEMBER
Buyer's Agent
Stacey Morris
NOT A VALID MEMBER
List Price
$139,900
Sold Price
$155,000
Premium/Discount to List
$15,100
10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$124,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2010
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Kessler Citylofts Condo Assn I

Purchase Details

Closed on
Jun 1, 2010
Sold by
Bank Of America
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
Aug 2, 2002
Sold by
Barnes Jason
Bought by
Barnes Jason and Barnes Wesley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mister Marcus $285,000 --
Penner Nathan $155,000 --
Kessler Citylofts Condo Assn I -- --
Federal Natl Mtg Assn Fnma -- --
Bank Of America $113,413 --
Barnes Jason $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mister Marcus $261,250
Previous Owner Penner Nathan $124,000
Previous Owner Barnes Jason $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $285,000 -4.7% $248 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $299,000 +92.9% $260 / Sq Ft
11/29/2016 11/29/16 Sold $155,000 +10.8% $135 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $139,900 0.0% $122 / Sq Ft
09/09/2016 09/09/16 For Sale $139,900 0.0% $122 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $139,900 -15.2% $122 / Sq Ft
05/24/2016 05/24/16 Price Changed $165,000 -5.7% $144 / Sq Ft
04/15/2016 04/15/16 For Sale $175,000 0.0% $152 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $175,000 0.0% $152 / Sq Ft
04/29/2014 04/29/14 Rented $1,100 0.0% --
04/29/2014 04/29/14 For Rent $1,100 -- --
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 $1,812 $102,760 $13,800 $88,960
2023 $4,383 $105,880 $13,560 $92,320
2022 $715 $77,080 $10,200 $66,880
2021 $672 $74,840 $9,920 $64,920
2020 $550 $69,480 $11,760 $57,720
2019 $97 $68,240 $11,560 $56,680
2018 $617 $47,760 $5,760 $42,000
2017 $29 $16,760 $3,480 $13,280
2016 $726 $16,760 $3,480 $13,280
2015 $759 $16,760 $3,480 $13,280
2014 $760 $16,760 $3,480 $13,280
Source: Public Records

Agents Affiliated with this Home

  • Stacey Morris

    Seller's Agent in 2022

    Stacey Morris

    Keller Williams Realty Buckhead

    (404) 931-4060

    1 in this area

    48 Total Sales

    Stacey Morris
    Section Image

  • N

    Seller Co-Listing Agent in 2022

    Nathan Penner

    Keller Williams Realty Buckhead

    (574) 361-3168

    1 in this area

    11 Total Sales

    Nathan Penner
    Section Image
  • Rockey Fields

    Buyer's Agent in 2022

    Rockey Fields

    Atlanta Communities

    (678) 793-8825

    1 in this area

    165 Total Sales

    Rockey Fields
    Section Image

  • B

    Seller's Agent in 2016

    BENJAMIN LEVIN

    NOT A VALID MEMBER

  • K

    Seller Co-Listing Agent in 2016

    Kirk Surgeon

    Atlanta Intown Real Estate Services

    (770) 217-0012

    13 Total Sales

    Kirk Surgeon
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Phillip Smith

    Atlanta InTown Real Estate

    Section Image
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Map

Source: Georgia MLS

MLS Number: 10073482

Georgia MLS

APN: 14-0077-0003-217-6

Georgia Fulton County Atlanta 30303 South Downtown

87 Peachtree St SW Unit 409, Atlanta, GA

This home is located at 87 Peachtree St SW Unit 409, Atlanta, GA 30303 since 21 July 2022 and is currently estimated at $262,860, approximately $228 per square foot. This property was built in 1900. 87 Peachtree St SW Unit 409 is a home located in Fulton County with nearby schools including Midtown High School, Wesley International Academy, and Centennial Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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