215 Piedmont Ave NE APT 2203, Atlanta, GA 30308

215 Piedmont Ave NE APT 2203, Atlanta, GA 30308

2 beds2 baths1,570 sqft

Sold: $110,000
Sold on 05/02/14
Zestimate®: $140,308
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My Notes

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HOA,TAX, PARKING FEE INFO, and BONUSES in LAST PARAGRAPH         This top-floor(22nd fl.) condominium originally was two 1-bedroom/bathroom units, which were combined seamlessly into one spacious home.  The fusion of the two resulted in doubled square footage of the dining room and solarium and raised ceiling height (to 12 feet) in the dining room, providing a wide, airy core entertaining area.  But best of all, the two bedroom/bathroom suites are at opposite ends of the unit.  This arrangement provides for maximum privacy, making it a practical space for hosting family and friends or for taking on a roommate or for renting to multiple renters.   The wide solarium is an ideal place to enjoy the Atlanta skyline while sipping coffee, tea, wine, or evening cocktails with friends.  With windows opening to breathtaking views east, south, and west of downtown Atlanta, it also is a great asset for home gardeners, artists, bridge players, etc.  The deep galley kitchen includes a large walk-in pantry, perfect for storing spare tables, folding chairs, large serving pieces, and of course vast quantities of foodstuffs.   The Master suite includes a large walk-in closet/dressing room as well as a walk-in laundry room with washer and dryer. The Landmark building began extensive renovations in 2006, including exterior weatherproofing and beautification, new roof, lobby, elevators, swimming pool renovation and cardio-fitness room (all paid for).  Safety is a plus with 24-hour doorman and secure card access.  Wonderful pool and protected deck area.  Two assigned parking spaces (one covered). Free visitor parking. Walk to MARTA, walk to Mega Bus, all downtown attractions and offices.  FINANCIALS: The monthly HOA fee is based on square footage. The building began as an apartment complex and so all utilities are paid through the Homeowners Association as part of the monthly fee (incidently, this makes the moving in process easier because the buyer does not have to contact all the utility companies).This condo pays $916 monthly made up of: 1) $449 in utility fees, which includes gas, electric, water, pest control and Comcast digital cable TV,  and 2) the "traditional" part of the HOA of $467. The "traditional" part of the HOA pays for the maintenance of all the commonly owned assets: the swimming pool, the building insurance, 24-hour manned security, additions to the capital fund, exercise room, elevators, roof,dead car battery jumping service, etc.,etc. The parking fee(in addition to the HOA fee) for two cars ( we have only one car and sublease one space) is $125 per month. The monthly taxes are only $4. The building does not offer FHA financing, so buyer must have at least 20% down payment for a conventional bank loan. No lease-to-own option. Please do not inquire about this condo if you are not comfortable with the $916 monthly HOA. Building is about 40% rentals and there is no renting cap.CASH BUYERS: $10,000 bonus; must close in 15 days. For the 2000 Coca Cola relos coming to Downtown in 2014: Phone for special financial bonus! Pets allowed for owners only, but must be 25 lbs. or lighter. Additional property info: http://www.forsalebyowner.com/listing/2-bed-Condo-Townhome-for-sale-by-owner-215-Piedmont-Ave-NE-Apt-2203-30308/21140517?provider_id=28079  More Less 

Facts

  • Condo
  • Built in 1963
  • Cooling: Central
  • Heating: Forced air
  • Last sold: May 2014 for $110,000
  • Price/sqft: $70

Features

  • Flooring: Carpet, Tile
  • Pool
  • Security System

Construction

  • Construction quality: 6.0
  • Exterior material: Brick
  • Room count: 9
  • # Stories: 1.0
  • Unit count: 1

Other

  • Floor size: 1,570 sqft
  • Parcel #: 14 00510013210
  • Zillow Home ID: 35881762

Zestimate Details

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$140,308
+$10,959 Last 30 days
$114K
$164K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,247/mo
+$25 Last 30 days
$1K
$1.5K
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197 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts Downtown home values will increase 6.8% next year, compared to a 7.1% increase for Atlanta as a whole. Among Downtown homes, this home is valued 2.5% less than the midpoint (median) home, and is valued 47.4% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Downtown, the number of foreclosures waiting to be sold is 40.2% greater than in Atlanta, and 163.2% higher than the national average. This higher local number may prevent Downtown home values from rising as quickly as other regions in Atlanta.

Learn more about forecast calculations or Downtown home values.
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    For Sale

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    Rentals

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    Other Units in this Building (187)ZestimateBedsBathsSqft
    Apt 1707$71K11931
    N/A--11850
    Apt 201--111,075
    Apt 202$65K11850
    Apt 203$70K11931
    Apt 204$61K11631
    Apt 205$60K11550
    Apt 206$97K221,256
    Apt 207$70K11931
    Apt 208$65K11850
    Apt 209$71K111,020
    Apt 210$71K111,075
    Apt 301$72K111,075
    Apt 302$65K11850
    Apt 303$76K11931
    Apt 304$61K11631
    Apt 305$60K11550
    Apt 306$97K221,256
    Apt 307$70K11931
    Apt 308$65K11850

    Nearby Schools in Atlanta

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org

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