87 Peachtree St SW #506, Atlanta, GA 30303
SOLDJUL 7, 2023

87 Peachtree St SW #506
Atlanta, GA 30303

Downtown
  • 1 Bed
  • 1 Bath
  • 1,256 sqft
  • 1 Bed
  • 1 Bath
  • 1,256 sqft

$230,000

Last Sold: Jul 7, 2023
4% below list $240K
$183/sqft
Est. Refi. Payment $1,459/mo*

Homes for Sale Near 87 Peachtree St SW #506

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from July 13, 2023
Welcome to the soon to be newly revitalized "South Dwntn" district of Atlanta where you will find extensive shopping, dining, and unique office spaces. After acquiring 6+/- acres and 49 buildings, Newport RE is bringing the once famous Hotel Row and 222 Mitchell back to life, while keeping the neighborhood's rich history and distinctive character intact. Amid this extremely well-planned development, you will find your new home located in the historic Kessler building. Upon entering this rarely available corner unit, you will be struck by the soaring ceilings and light filled living areas. This freshly painted one bedroom and one bathroom loft features original hardwood floors, a beautifully renovated bathroom, new striking industrial ceiling fan, new blackout shades, a newly installed efficient closet system, and a new dishwasher. Boasting over 1,200 square feet, you will be hard pressed to find a more amazing value in the area! Venture to the roof top where you will find a community deck offering breathtaking sunsets and panoramic city views. Here you will also find the community gym and garden. Located near Mercedes Benz Stadium, Centennial Olympic Park, Georgia Aquarium, World of Coca-Cola, Castleberry Hill, Georgia State and all Downtown Atlanta living has to offer. HOA includes WiFi, common area maintenance, water/sewer and trash service. Back on market due to Buyer financing falling through.

Home Highlights

Parking
None
Outdoor
Yes
A/C
Heating & Cooling
HOA
$525/Monthly
Price/Sqft
$183/sqft
Listed
180+ days ago
Last check for updates: about 5 hours ago
Listed by Angela Cashion
Atlanta Fine Homes Sotheby's International
Bought with: Kenyatta Lucas, Ken Lucas Realty, LLC.
Source: FMLS GA, MLS#7186913

Home Details for 87 Peachtree St SW #506

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Kitchen, Basement
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1256 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity AvailableAppliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, WasherDishwasherDisposalDryerLaundry: Laundry Closet,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Blower Fan, Master BedroomSpa: NoneHas a FireplaceNo Spa
Gas & Electric
Electric: 110 Volts, 220 Volts in LaundryHas Electric on Property
Windows, Doors, Floors & Walls
Window: Storm Window(s)Flooring: Ceramic Tile, HardwoodCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Levels: OneAccessibility: NoneFloors: Ceramic Tile, Hardwood
View
Has a ViewView: City
Security
Security: Carbon Monoxide Detector(s), Fire Alarm, Key Card Entry

Exterior Features

Exterior Home Features
Roof: ConcretePatio / Porch: RooftopFencing: NoneOther Structures: NoneExterior: Garden, Gas Grill, No DockFoundation: Concrete PerimeterGardenNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Pool
Pool: None
Frontage
Waterfront: NoneRoad Frontage: City StreetRoad Surface Type: ConcreteNot on Waterfront
Water & Sewer
Sewer: Public SewerWater Body: None
Farm & Range
Horse Amenities: None
Finished Area
Finished Area (above surface): 1256 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: High Rise (6 or More Stories)Architecture: Loft
Building
Construction Materials: Brick 4 Sides, ConcreteNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Condition: ResaleParcel Number: 14 007700032234

Price & Status

Price
List Price: $239,500Price Per Sqft: $183/sqft
Status Change & Dates
Off Market Date: Mon May 29 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: AtlantaCommunity: Kessler City Lofts
School Information
Elementary School: Centennial PlaceJr High / Middle School: David T HowardHigh School: Midtown

Building

Building Area
Building Area: 1256 Square Feet
Community rooms
Fitness Center

Community

Community Features: Fitness Center, Homeowners Assoc, Near Marta, Near Shopping, Near Public Transport, Sidewalks, Street LightsUnits in Building: 50

HOA

HOA Fee Includes: Maintenance Structure, Reserve Fund, Sewer, Trash, WaterHas an HOAHOA Fee: $525/Monthly

Lot Information

Lot Area: 1263.24 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Energy

Energy Efficiency Features: None

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Condominium

Miscellaneous

Mls Number: 7186913

Additional Information

Homeowners AssocNear MartaNear ShoppingNear Public TransportSidewalksStreet Lights

Price History for 87 Peachtree St SW #506

DatePriceEventSource
07/07/2023$230,000Sold
FMLS GA #7186913
06/05/2023$239,500PendingFMLS GA #7186913
05/17/2023$239,500PendingToActiveFMLS GA #7186913
04/13/2023$239,500PendingFMLS GA #7186913
04/05/2023$239,500PendingToActiveFMLS GA #7186913
03/20/2023$239,500PendingFMLS GA #7186913
03/10/2023$239,500Listed For SaleFMLS GA #7186913
04/30/2021$212,000Sold
FMLS GA #6828980
04/27/2021$219,000PendingGAMLS #8917363
02/28/2021$219,000PriceChange
FMLS GA #6828980
01/24/2021$240,000Listed For SaleFMLS GA #6828980
07/02/2013$44,900ListingRemovedAgent Provided
06/27/2013$44,900Listed For SaleAgent Provided
06/25/2013$55,000Sold
FMLS GA #5138604
05/22/2013$44,900PendingAgent Provided
05/15/2013$44,900PriceChange
Agent Provided
04/25/2013$54,900Listed For SaleAgent Provided
07/03/2012$89,278Sold
N/A

Property Taxes and Assessment

Year2022
Tax$1,870
Assessment$212,000
Home facts updated by county records

Comparable Sales for 87 Peachtree St SW #506

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$168,960
01/03/24
2
1
1,128
0.00
Condo
$305,000
09/22/23
2
1
1,590
0.35
Condo
$270,000
09/18/23
1
1
1,044
0.28
Condo
$194,000
11/06/23
1
1
860
0.49
Condo
$287,500
03/01/24
1
1
1,309
0.28
Condo
$249,000
08/07/23
1
2
998
0.38
Condo
$260,000
12/06/23
1
1
873
0.28
Condo
$215,000
05/23/23
1
2
949

Assigned Schools

These are the assigned schools for 87 Peachtree St SW #506.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

  • J1. Fit
    "Atlanta downtown is downtown. What you see is what you get.a lot of junkies and run down businesses "
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  • Nazier813
    "People don’t pick up there dog BM very nasty but its pet friendly. I dont like thst people dont pick up after there dog "
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  • Trulia User
    "we like how we clean up after out dogs. we look out for eachother and also we come together to try and keep the young youth out of trouble. "
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  • Trulia User
    "I know there a park near by and then there is a lot of students around so I’m sure they know a lot of the community events"
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  • Trulia User
    "I see people walking their dogs all the times. There are several green areas. They are building more dog parks"
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  • Sukhman S.
    "Great Neighbourhood to live in. Lots of parks and amenities nearby. If you have children, there are plenty of good schools nearby. "
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  • Trulia User
    "There are lots of other dog walkers and the streets are tree-lined. It’s primarily residential so there isn’t a lot of traffic and what there is, moves slowly."
    2
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  • Trulia User
    "I’ve lived in downtown Atlanta for over 20 years and my favorite thing about it is that it is the most urban neighborhood in all Atlanta, with the historic architecture, public transit access and local attractions that come along with such a distinction. While Downtown has not been as “hot” as Midtown to the north, as of 2020 the neighborhood is on the verge, with multiple residential, commercial and office project under construction or coming soon. "
    1
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  • Hip N.
    "Lots of trees and green space. Children friendly as lots of fields and grassy areas for them to play"
    10
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  • Brennan C.
    "Lots of trees and green space. Children friendly as lots of fields and grassy areas for them to play."
    16
    Flag
  • Victor A.
    "I love it here. Less children the better. A playground for singles and young couples with NO children. Great place to be able to entertain at your home with out fear of neighbors complaining"
    25
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  • Jamescolman59
    "Two hours each day and I just want a good area to stay and get to work on time . So I hope this is a good area to stay"
    7
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  • Nataliehansbro
    "it can be tricky during high peak hours for traffic but if you time it right it’ll be fine. going north or east on the highway always gives lots of traffic but again, with time management it shouldn’t be a huge issue. "
    17
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  • Wendy D.
    "Monthly neighborhood socials, annual tour of homes, scavenger hunt,,lots of neighbors doing things together, neighborhood association "
    9
    Flag
  • Cia H.
    "Not much grass space but there are plenty of parks available for dogs to go to. Plenty of pet stores around "
    5
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  • Devyreau
    "I’m not sure but I don’t let my dog lol in the streets of downtown. She’s a house pup. I do see a lot of people walking with dogs though. "
    4
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  • JackKrak
    "Transportation is great here. People could use it a lot more but I think in atlanta, there is a perception that only poor people use public transit. "
    6
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  • Putrice B.
    "A lot of homeless people because of the local shelter closing about a year ago and sometime people may feel danger. This people are harmless. "
    3
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  • Luluphaye
    "This is a tourist area. Everything seems well maintained for that reason. The derelict are still very present. "
    3
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  • Mya M.
    "The city never sleeps so there are lots of bars and festivities for adults to do, but not a lot for kids. Although there is a movie theater and soon to be bowling alley coming as well. "
    2
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  • Sarah.howorth7
    "Convenient to everything in the city; easy access to the interstate; great public transportation options."
    1
    Flag
  • Wendy D.
    "If you want your child to grow into a city kid, this is the place. Ride buses, walk everywhere, see events and museums without leaving the neighborhood. Caveat: reality of rampant homelessness."
    0
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  • Trulia User
    "Norman Rockwell type community , friendly neighborhood where kids and animals are enjoyed.Families get together to talk over the good, bad and the ugly."
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  • Wendy D.
    "Downtown Atlanta is the most urban area in the city and as a resident of 20 years, it’s given me maximum access to public transit, a central location, a pedestrian-friendly environment, the bustle that comes with GSU students, tourists, and office workers, and in Fairlie-Poplar, the sub-section of Downtown I’m in, a surrounding of historic buildings. I live in a converted office high rise that’s over 100 years old and next door to me is a beautiful courthouse that’s even older, plus the Flatiron Building, which dates to the late 19th century. Another element of Downtown that makes it unique is the degree to which residents get to feel they are living in a “village” type environment, where you know the owners and workers at the various shops, restaurants, etc. in the neighborhood. People come and go on foot, not by car, do you see one another on the sidewalk and chat. The three challenges Downtown faces are 1) lack of major retail like supermarket (although even w/o a car I’ve always done fine), 2) only a small number of apartments (as opposed to condos like mine), and 3) a major homeless and panhandling issue, which has gone up and down over the years and us bad right now. "
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  • Kristie B.
    "Lots of fun shops and great restaurants. There is something for everyone."
    3
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  • Clara G.
    "The local artists and the convenience of all of the stores make this place unique. It is also very cute. Like a smaller Atlanta."
    1
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  • Kristie B.
    "Lots of animal friendly places. Great place for them."
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  • Clara G.
    "The dog park could use some work; however the sidewalks are easy and good to walk your dog on. The neighborhoods are beautiful."
    1
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  • Clara G.
    "It's a very easy commute. Be mindful of parking. Narrow roads are quite common."
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  • Kristie B.
    "I work inside my neighborhood so it's a very peaceful drive with beautiful shade trees."
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  • Kristie B.
    "Can be very busy and make sure to have a stroller if you have young children."
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  • Clara G.
    "The school system is great in Decatur. There are also lots of places to have a date night."
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  • Clara G.
    "Be aware of the parking. It's not very easy to park. The school system is great and most kids can just walk to school."
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  • Jasmine T.
    "Be careful at night because you never know what could happen."
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Homes for Rent Near 87 Peachtree St SW #506

Off Market Homes Near 87 Peachtree St SW #506

87 Peachtree St SW #506, Atlanta, GA 30303 is a 1 bedroom, 1 bathroom, 1,256 sqft condo built in 1900. 87 Peachtree St SW #506 is located in Downtown, Atlanta. This property is not currently available for sale. 87 Peachtree St SW #506 was last sold on Jul 7, 2023 for $230,000 (4% lower than the asking price of $239,500). The current Trulia Estimate for 87 Peachtree St SW #506 is $241,900.