NOT LISTED FOR SALE

87 Peachtree St SW Unit 607 Atlanta, GA 30303

South Downtown Neighborhood

Estimated Value: $241,000 - $277,000

1 Bed
1 Bath
1,207 Sq Ft
$514/mo HOA Fee

Last Sold May 16, 2024

Last sale price $270,000 $224 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,272/month

55 Days on Market

Highlights

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

About This Home

As of May 2024

Sunrise and sunset views are a daily treat from the oversized windows of this bright corner unit on the 6th floor of the historic Kessler City Lofts building. In an unbeatable location in Downtown Atlanta, this home features panoramic views of Downtown Atlanta, original hardwood floors throughout, custom walnut cabinetry in both kitchen and bath, custom lighting, a new HVAC system (HVAC was replaced in 2020), smart thermostat, California Closet system in bedroom and Elfa custom closet system in the laundry room. With 14-foot ceilings, an entry foyer, a laundry room with custom shelving, and an extra-long hallway perfect for creating your own gallery and office nook, space is plentiful! The community includes a rooftop community garden, grilling area, and deck for socializing and enjoying breathtaking views of the city and stars. A composting program (Community Supported Agriculture) is available to all residents, and the HOA fee includes cable tv, high speed internet and the use of the gym on the rooftop level. The building offers secure entry and closed-circuit security systems. Kessler City Lofts is in close proximity to Mercedes-Benz Stadium, Underground Atlanta, Centennial Park, the State Capitol, and Five Points MARTA station. Be in the midst of the birth of the new "South DWNTN" and the second location of Atlanta Tech Village! Secure your views now! Seller to pay for one parking spot in nearby deck for one year.

Last Agent to Sell the Property

Elizabeth Carr

Keller Williams Realty Atlanta North License #354627 Listed on: 02/22/2024

Keller Williams Realty Atlanta North

Last Buyer's Agent

Kim Ferguson

Keller Williams Realty License #373505

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 1900

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $514 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Entrance Foyer
  • Wood Flooring
  • City Views
  • Intercom

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near shops

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • $1,028 Initiation Fee
  • Association fees include maintenance exterior, pest control, reserve fund
  • Kessler City Lofts Subdivision

Recreation

  • Fitness Center

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,338

Year Built

Built in 1900

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • ArchitecturalStyle: Brick 4 Side
  • Financing Type: Conventional 95%
  • GreenEnergyEfficient: Thermostat
  • Levels: One
  • Lot Size Acres: .03
  • Property Sub-Type: Condominium
  • Structure Type: Loft
  • Total Finished Area2: 1207
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Dryer, Washer, Dishwasher, Disposal, Refrigerator
  • Bedrooms: 1
  • Basement: None
  • Total Finished Sq Ft: 1207
  • Above Grade Finished Sq Ft: 1207
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Other Equipment: Intercom
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 223.695

Beds/Baths

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

Exterior Features

  • Common Walls: End Unit, 2+ Common Walls
  • Construction Materials: Brick
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Other
  • View: City

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Hall
  • Security Features: Smoke Detector(s), Fire Sprinkler System, Key Card Entry
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Other, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 6168
  • Association: Yes
  • Community Features: Fitness Center, Walk To Public Transit, Walk To Shopping

Fee Information

  • Initiation Fee: 1028
  • Association Fee Includes: Maintenance Exterior, Pest Control, Reserve Fund

Schools

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

Lot Info

  • Deed Book: 58596
  • Deed Page: 85

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 22, 2024
Sold by
Garrity Matthew R
Bought by
Ray Christopher
Seller's Agent
Elizabeth Carr
Keller Williams Realty Atlanta North
Buyer's Agent
Kim Ferguson
Keller Williams Realty
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Views
81
Current Estimated Value
$263,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,494
Avg. Annual Appreciation
-2.09%
Original Mortgage
$248,200
Outstanding Balance
$245,549
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$17,957

Purchase Details

Listed on
Feb 17, 2018
Closed on
Mar 19, 2018
Sold by
Goad Ray
Bought by
Garrity Matthew R
Seller's Agent
Robert Hunter
EXP Realty, LLC.
Buyer's Agent
Elizabeth Carr
Keller Williams Realty Atl North
List Price
$195,000
Sold Price
$198,500
Premium/Discount to List
$3,500
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$158,800
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2014
Closed on
Jun 23, 2014
Sold by
Federal National Mortgage Association
Bought by
Goad Ray and Goad Brenda
Seller's Agent
GEORGIA REO TEAM
NOT A VALID MEMBER
Buyer's Agent
Alan Stewart
DFH Realty Ga, LLC
List Price
$94,900
Sold Price
$94,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Everbank
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Apr 1, 2014
Sold by
Lee Michael D
Bought by
Everbank
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
Ray Christopher $270,000 --
Garrity Matthew R $198,500 --
Goad Ray -- --
Federal National Mtg Associati $150,395 --
Everbank $150,395 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Christopher $248,200
Previous Owner Garrity Matthew R $152,000
Previous Owner Garrity Matthew R $158,800
Previous Owner Lee Michael D $176,000
Previous Owner Lee Michael D $176,000
Previous Owner Lee Michael D $169,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $270,000 -1.8% $224 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $275,000 -5.2% $228 / Sq Ft
02/22/2024 02/22/24 For Sale $290,000 +46.1% $240 / Sq Ft
03/19/2018 03/19/18 Sold $198,500 +1.8% $164 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $195,000 +105.5% $162 / Sq Ft
06/23/2014 06/23/14 Sold $94,900 0.0% $79 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $94,900 -- $79 / 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 $3,638 $104,880 $14,520 $90,360
2023 $4,721 $114,040 $14,280 $99,760
2022 $3,877 $93,640 $10,720 $82,920
2021 $1,342 $91,080 $10,400 $80,680
2020 $1,206 $84,760 $12,360 $72,400
2019 $97 $79,400 $11,560 $67,840
2018 $2,497 $60,320 $6,040 $54,280
2017 $1,078 $24,960 $3,680 $21,280
2016 $1,081 $24,960 $3,680 $21,280
2015 $1,115 $24,960 $3,680 $21,280
2014 $41 $24,960 $3,680 $21,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10256936

Georgia MLS

APN: 14-0077-0003-233-3