NOT LISTED FOR SALE

985 Ponce de Leon Ave NE Unit 305 Atlanta, GA 30306

Poncey-Highland Neighborhood

Estimated Value: $432,000 - $590,000

2 Beds
2 Baths
1,200 Sq Ft
$457/mo HOA Fee

Last Sold June 20, 2024

Last sale price $375,000 $312 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,688/month

64 Days on Market

Highlights

  • Open-Concept Dining Room
  • No Units Above
  • City View
  • Springdale Park Elementary School Rated A
  • Rooftop Deck
  • Contemporary Architecture

About This Home

As of June 2024

LOCATION, LOCATION, LOCATION. In the heart of Poncey Highlands, this unique condo is perfect for the urban adventurer. Historic building, gated entry, and shared ROOFTOP DECK overlooking Ponce de Leon Ave. Impressive 2-story entry foyer, with floor to ceiling windows allowing ample sunlight in open concept dining and living spaces, with views courtyard. Spacious kitchen with plenty of cabinet and storage space, and views to living areas. Lower bedroom walks out to stone patio, with sizable guest bath on lower level. Upstairs bedroom boast storage loft with wood ladder access, with folding panel blind that when opened looks over living areas or when closed blocks light. Condo was professionally deep cleaned after removing the furniture. BRAND NEW HVAC installed last month, whole unit water cut-off and surge protector, professionally deep cleaned prior to move out. City Living at it's best, walkable to Ponce City Market, Virginia Highlands, Inman Park, the Beltline and more! Do not miss the opportunity to live in the heart of it all!

Last Agent to Sell the Property

King Moore Group

Keller Williams Realty Intown ATL Listed on: 03/21/2024

Keller Williams Realty Intown ATL

Co-Listed By

Kelly King

Keller Williams Realty Intown ATL License #363296

Last Buyer's Agent

Colton Head

NOT A VALID MEMBER License #431968

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 2005

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • Private Entrance

HOA Fees

  • $457 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Second Story Great Room
  • Open-Concept Dining Room
  • Dining Room Seats More Than Twelve
  • Loft
  • Bonus Room
  • City Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Rooftop Deck

Location

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

Schools

  • Springdale Park Elementary School
  • David T Howard Middle School
  • Midtown High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 14 001600111420

Community Details

Overview

  • $700 Initiation Fee
  • 22 Units
  • Pmi Cornerstone Association
  • Secondary HOA Phone (404) 685-0705
  • Mid-Rise Condominium
  • Poncey Highlands Subdivision
  • FHA/VA Approved Complex
  • Rental Restrictions

Recreation

  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,294

Year Built

Built in 2005

Lot Details

0

HOA Fees

$457 per month

Listing Details

  • Standard Status: Closed
  • Legal Description: 305 PROVIDENCE ON PONCE CONDO
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Mid-Rise (up to 5 stories), Modern
  • Property Condition: Resale
  • Assessment Fee Contemplated: Yes
  • Year Built: 2005
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator
  • Interior Amenities: Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Speed Internet
  • Kitchen Features: Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Bonus Room, Great Room - 2 Story, Loft, Other
  • Dining Room Features: Open Concept, Seats 12+
  • Square Footage: 1200.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Rooftop
  • Exterior Features: Private Entry
  • View: City
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Public Transportation
  • Association Fee: 457
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Company Email: careyj@pmicornerstone.com
  • Management Phone: 404-685-0705
  • Subdivision Complex: Poncey Highlands

Association/Amenities

  • Number Of Units In Community: 22
  • Management Company: PMI Cornerstone

Schools

  • Elementary School: Springdale Park
  • Middle School: David T Howard
  • High School: Midtown

Lot Info

  • Acres: 0.0275
  • Lot: 305
  • Deed Book: 52965
  • Deed Page: 302
  • Lot Dimensions: x
  • Parcel Number: 14 001600111420
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 700

Tax Info

  • Taxes: 5294.00
  • Assessor Parcel Number: 14-0016-0011-142-0
  • Close Date: 2024-06-20
  • Tax Year: 2023

MLS Schools

  • Elementary School: Springdale Park
  • High School: Midtown
  • Middle School: David T Howard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jun 20, 2024
Sold by
Alvermann Donna
Bought by
Mcdaniel Leda
Seller's Agent
King Moore Group
Keller Williams Realty Intown ATL
Buyer's Agent
Colton Head
NOT A VALID MEMBER
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
126
Current Estimated Value
$491,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,227
Avg. Annual Appreciation
14.23%

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jul 25, 2013
Sold by
Hovater Jeremy
Bought by
Alvermann Donna and Alvermann John
Seller's Agent
Joseph Lacy
WYND REALTY LLC
Buyer's Agent
Johnny Gonzales
NOT A VALID MEMBER
List Price
$249,900
Sold Price
$232,000
Premium/Discount to List
-$17,900
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
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
Mcdaniel Leda $375,000 --
Alvermann Donna $232,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $375,000 -6.3% $313 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $400,000 -3.6% $333 / Sq Ft
03/21/2024 03/21/24 For Sale $415,000 +78.9% $346 / Sq Ft
07/25/2013 07/25/13 Sold $232,000 -7.2% $193 / Sq Ft
07/21/2013 07/21/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $249,900 -- $208 / 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 $6,644 $164,360 $20,640 $143,720
2023 $5,352 $129,280 $14,920 $114,360
2022 $5,232 $129,280 $14,920 $114,360
2021 $5,085 $125,520 $14,480 $111,040
2020 $5,081 $124,040 $14,320 $109,720
2019 $117 $129,280 $14,520 $114,760
2018 $4,787 $115,640 $12,920 $102,720
2017 $2,726 $63,120 $10,920 $52,200
2016 $2,733 $63,120 $10,920 $52,200
2015 $2,740 $63,120 $10,920 $52,200
2014 $2,862 $63,120 $10,920 $52,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7356019

First Multiple Listing Service (FMLS)

APN: 14-0016-0011-142-0