NOT LISTED FOR SALE

881 Memorial Dr SE Unit 302 Atlanta, GA 30316

Reynoldstown Neighborhood

Estimated Value: $441,000 - $501,000

2 Beds
1 Bath
1,251 Sq Ft
$298/mo HOA Fee

Last Sold April 16, 2021

Last sale price $379,000 $303 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,070/month

Highlights

  • Fitness Center
  • No Units Above
  • Gated Community
  • Open-Concept Dining Room
  • Rooftop Deck
  • City View

About This Home

As of April 2021

This top floor loft overlooking the BeltLine welcomes you in with the warmth of sunrise views and an incredible layout. Despite originally being a bakery, there is nothing cookie-cutter about this authentic space - offering soaring 12 foot ceilings, original brick floors, an amazing wall of windows, mushroom columns and exposed brick walls, this home delivers on all fronts. Imagine two true bedrooms with oversized closets and privacy. The upgraded Chef's kitchen has custom concrete counters with a breakfast bar, stainless steel appliances including a gas range, an abundance of storage and shelving, and centers the entertaining heart of the home between the oversized living room and dining room. The sizable central hall bathroom features a fresh vanity. An unbeatable location reflects the new standard for sustainable urban lifestyle with its unparalleled proximity to shopping, restaurants, nightlife and the BeltLine. There are literally a grocery store, movie theatre, restaurants, coffee shop and music venue all at your doorstep. Park in one of your two parking spaces and go exploring. Amenities include a rooftop terrace for entertaining and sunsets, gym, dog park, gated parking and more. Come make your Atlanta history in A & P Lofts on the BeltLine.

Last Agent to Sell the Property

Chrissie Kallio

Atlanta Fine Homes Sotheby's International License #282722 Listed on: 02/26/2021

Atlanta Fine Homes Sotheby's International

Last Buyer's Agent

Bryant Gresham

Compass License #130198

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1920

Lot Details

  • No Units Above
  • Landscaped

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Open-Concept Dining Room
  • Bonus Room
  • Concrete Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Oversized primary bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Rooftop Deck

Location

  • Property is near public transit
  • 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

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 001200020518

Community Details

Overview

  • 61 Units
  • A & P Lofts Subdivision
  • Rental Restrictions

Amenities

  • Restaurant

Recreation

  • Fitness Center
  • Dog Park

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,625

Year Built

Built in 1920

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Loft
  • Property Condition: Resale
  • Year Built: 1920
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1251.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Concrete
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer, High Ceilings 10 ft Main, Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: No One Above
  • Additional Rooms: Bonus Room, Living Room
  • Dining Room Features: Open Concept
  • Square Footage: 1251.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 2
  • Bedroom Features: Oversized Master, Split Bedroom Plan
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Tar/Gravel
  • Patio And Porch Features: Deck, Rooftop
  • View: City
  • Foundation: Slab, See Remarks

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Assigned, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: Other

Condo/Co-op/Association

  • HOA Rent Restrictions: Yes
  • Community Features: Dog Park, Fitness Center, Gated, Homeowners Assoc, Near Beltline, Near Shopping, Public Transportation, Restaurant, Sidewalks, Street Lights
  • Association Fee: 298
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: A & P Lofts

Association/Amenities

  • Number Of Units In Community: 61

Schools

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

Lot Info

  • Acres: 0.0290
  • Land/Lot: 12
  • Plat Book: 17
  • Plat Page: 264
  • Lot Features: Landscaped, Level
  • Lot Dimensions: x
  • Parcel Number: 14 001200020518
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 1625.00
  • Assessor Parcel Number: 14-0012-0002-051-8
  • Close Date: 2021-04-16
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Apr 16, 2021
Sold by
Griggs Kevin
Bought by
Alexander Kaia Lee and Alexander Robert Marks
Seller's Agent
Chrissie Kallio
Atlanta Fine Homes Sotheby's International
Buyer's Agent
Bryant Gresham
Compass
List Price
$379,000
Sold Price
$379,000
Current Estimated Value
$473,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,491
Avg. Annual Appreciation
4.78%
Original Mortgage
$179,000
Outstanding Balance
$162,662
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$303,527

Purchase Details

Listed on
Nov 12, 2016
Closed on
Dec 21, 2016
Sold by
Christopher
Bought by
Griggs Kevin
Seller's Agent
ZERINA SERULLE
NOT A VALID MEMBER
Buyer's Agent
ZERINA SERULLE
NOT A VALID MEMBER
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$170,000
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Alexander Kaia Lee $379,000 --
Griggs Kevin $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Kaia Lee $179,000
Previous Owner Griggs Kevin $170,000
Previous Owner Rampton Christopher $160,000
Previous Owner Rampton Christopher $125,200
Previous Owner Rampton Christopher $32,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $379,000 0.0% $303 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $379,000 +51.6% $303 / Sq Ft
12/21/2016 12/21/16 Sold $250,000 +2.0% $200 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $245,000 0.0% $196 / Sq Ft
07/31/2014 07/31/14 Rented $1,650 -8.3% --
07/01/2014 07/01/14 Under Contract -- -- --
06/03/2014 06/03/14 For Rent $1,800 -- --
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 $3,256 $205,160 $30,520 $174,640
2023 $6,758 $163,240 $22,760 $140,480
2022 $4,078 $144,600 $17,640 $126,960
2021 $2,414 $132,760 $21,760 $111,000
2020 $1,625 $131,200 $21,480 $109,720
2019 $108 $122,760 $20,400 $102,360
2018 $1,386 $110,040 $13,200 $96,840
2017 $2,160 $50,000 $8,480 $41,520
2016 $2,851 $65,840 $11,200 $54,640
2015 $2,155 $65,840 $11,200 $54,640
2014 $2,218 $48,920 $7,320 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6843476

First Multiple Listing Service (FMLS)

APN: 14-0012-0002-051-8