NOT LISTED FOR SALE

881 Memorial Dr SE Unit 300 Atlanta, GA 30316

Reynoldstown Neighborhood

Estimated Value: $372,000 - $427,000

1 Bed
1 Bath
985 Sq Ft
984 Sq Ft Lot

Last Sold May 02, 2018

Last sale price $315,000 $320 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,302/month

Highlights

  • Fitness Center
  • Rooftop Deck
  • Loft
  • Open-Concept Dining Room
  • City View
  • End Unit

About This Home

As of July 2020

This historic loft, situated on the eastside Beltline, offers walkable, intown-living within close proximity to Emory facilities. At just under 1000 sq/ft, this top floor unit features a private bedroom with renovated bathroom, a spacious open kitchen and generously sized living room with separate dining area. In addition to 12ft ceilings, there is an expansive wall of original factory windows, sealed brick floors, and a view of the city. Unit comes with a brand new 2.5 ton HVAC system, washer/dryer, Wolf gas range, stainless steel appliances and tons of counter space. The amenities in this building include a stunning rooftop deck with city views and two gas grills, a fitness center, club room, bicycle storage, access to AT&T Fiber, and a large private dog park. Walk to grocery & restaurants across the street, Only one shared wall (with VERY quiet neighbor) A&P Lofts is located directly on the Eastside Beltline Trail, at the corner of Memorial Drive & Bill Kennedy Way, across the street from Muchacho & Golden Eagle. It’s also situated between the Madison Yards and Atlanta Dairies mixed use developments. Just one block away is a Publix grocery store, AMC theater, gym, salon, restaurants, a brewery, music venue, and more. You can also easily walk or scooter to the shops and restaurants on Memorial Drive in Grant Park, Cabbagetown, East Atlanta, Inman Park, Krog Street Market and SPX Alley. Ponce City Market is about a 2.5 mile jog directly north on the Beltline. This loft is 10-15 minutes away from Hartsfield-Jackson airport and is perfect for the frequent traveler, consultant, Emory resident or physician. 6-10 minutes by car to Grady and Midtown, 15 minutes by car to EUH/CHOA/VA. There is one dedicated parking space and options for a second.

Last Agent to Rent the Property

Cindy Young

Keller Williams Rlty, First Atlanta License #283920 Listed on: 02/19/2020

Keller Williams Rlty, First Atlanta

Last Renter's Agent

Cindy Young

Keller Williams Rlty, First Atlanta License #283920 Listed on: 02/19/2020

Keller Williams Rlty, First Atlanta

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1920

Lot Details

  • End Unit
  • Zero Lot Line

Home Design

  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Open-Concept Dining Room
  • Loft
  • City Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Washer and Dryer
  • Accessible Approach with Ramp

Outdoor Features

  • Rooftop Deck
  • Outdoor Gas Grill

Location

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

Schools

  • Burgess-Peterson Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $2,300
  • 12 Month Lease Term
  • Assessor Parcel Number 14 001200020492

Community Details

Overview

  • Property has a Home Owners Association
  • A & P Lofts Subdivision

Amenities

  • Restaurant

Recreation

  • Fitness Center
  • Dog Park
  • Trails

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Security

  • Storm Windows
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,257

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Water
  • Credit Report Required: Yes
  • Deposit: 2300
  • Lease Term: 12 Months
  • Move Out Fee: Yes
  • Pets Allowed: Yes
  • Pet Deposit Dollar: 300.00

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Year Built: 1920
  • Accessibility Features: Accessible Approach with Ramp, Accessible Elevator Installed, Accessible Washer/Dryer
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Cabinets Stain, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: End Unit
  • Additional Rooms: Loft
  • Dining Room Features: Open Concept
  • Square Footage: 985.00
  • Spa Features: None
  • Window Features: Storm Window(s)

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Studio
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Shower Only

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Rooftop
  • Exterior Features: Gas Grill
  • View: City

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Heating: Central, Electric
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Dog Park, Fitness Center, Homeowners Assoc, Near Beltline, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant
  • Management: Owner Managed
  • Subdivision Complex: A & P Lofts

Schools

  • Elementary School: Burgess-Peterson
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.0226
  • Lot Features: Zero Lot Line
  • Lot Dimensions: x
  • Parcel Number: 14 001200020492
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 14-0012-0002-049-2
  • Close Date: 2020-07-27

MLS Schools

  • Elementary School: Burgess-Peterson
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Young Patrick Joseph
Bought by
Brockway Ross and Johnson Marcela
Current Estimated Value
$400,238

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 2, 2018
Sold by
Aul Clinton
Bought by
Young Patrick Joseph
Seller's Agent
Helen Kynes
Keller Knapp
Buyer's Agent
Cindy Young
Keller Williams Rlty, First Atlanta
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
A & P Lofts Llc
Bought by
Aul Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brockway Ross $355,000 --
Young Patrick Joseph $315,000 --
Aul Clinton $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Patrick Joseph $150,000
Previous Owner Aul Clinton $120,000
Previous Owner Aul Clinton $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Rented $2,300 0.0% --
05/04/2020 05/04/20 Under Contract -- -- --
02/19/2020 02/19/20 For Rent $2,300 0.0% --
05/02/2018 05/02/18 Sold $315,000 +5.0% $320 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $299,900 -- $304 / 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 $2,257 $173,000 $24,000 $149,000
2023 $5,703 $137,760 $17,920 $119,840
2022 $2,466 $122,200 $13,880 $108,320
2021 $2,490 $111,840 $17,120 $94,720
2020 $2,473 $110,520 $16,920 $93,600
2019 $108 $123,440 $16,040 $107,400
2018 $3,172 $112,040 $10,400 $101,640
2017 $926 $50,240 $6,680 $43,560
2016 $929 $50,240 $6,680 $43,560
2015 $966 $50,240 $6,680 $43,560
2014 $968 $50,240 $6,680 $43,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6682889

First Multiple Listing Service (FMLS)

APN: 14-0012-0002-049-2