Condominiums of Midtown Archives

What’s My Dakota Condo Worth? September 2014 Update

October 29, 2014 by Thom Abbott

The Dakota Condominiums has always been a unique living opportunity in Midtown Atlanta. Homes here range from 1 and 2 bedroom flats, to two-story townhome floor plans at well over 2,000 sq. ft. The townhomes always command a higher price, and a Buyer OR Seller has to be careful when appraisals are done in this building!

What’s My Dakota Condo Worth?

ACTIVE LISTINGS (3)

One 1 Bedroom listed at $259,900
One 2 Bedroom listed at $399,000
One 2(or 3) Bedroom Townhouse at $473,000

PENDING LISTINGS (UNDER CONTRACT)(2)

One 2 Bedroom at $375,000
One Townhouse at $429,000 (This one actually closed since we pulled data at $425,000)

SOLD (1)

One Townhouse LISTED at $465,000 but SOLD at $472,500

In comparison, in September, 2013, there was one Townhouse that sold at $409,958. Clearly prices have gone up at The Dakota for the townhouse-type floor plans, and the one sold actually sold OVER the list price.

Search Dakota Condominiums For Sale HERE

What’s My Dakota Condo Worth? Want to know what your Dakota condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

What’s My MidCity Lofts Condo Worth? September 2014 Update

October 28, 2014 by Thom Abbott

MidCity Lofts is a convenient building to Technology Square at Georgia Tech, and all the innovation incubators that are going on there! There is a new apartment building going in across the street that is related to all that, but unclear if you have to actually have something to do with GATech or the incubators to live there. But these are rentals, and not condos for sale.

What’s My MidCity Lofts Condo Worth?

So let’s take a look at what happened at MidCity Lofts in September!

ACTIVE LISTINGS (2)

One 1 Bedroom listed at $199,900
One 2 Bedroom listed at $388,500

PENDING LISTINGS (UNDER CONTRACT) (2)

Two 1 Bedrooms at $184,900 and $210,000

SOLD (1)

One 1 Bedroom at $256,350

In comparison, in September, 2013 there was just one 2 Bedroom sold at $430,000. MidCity Lofts is another condo building that sees rather low turnover on homes. But the floor plans are expansive with polished concrete floors and nice balconies! And the roof-top pool and amenities are awesome!

Search MidCity Lofts Homes For Sale HERE

What’s My MidCity Lofts Condo Worth? Want to know what your MidCity Lofts condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

What’s My Mayfair Condo Worth? September 2014 Update

October 28, 2014 by Thom Abbott

The Mayfair Renaissance and Mayfair Tower condominium buildings are on 14th Street. While they look alike, they have differences! The Renaissance building has the pool, whereas the Tower building does not. The Lobby of the Renaissance building (including the club room and fitness center) is more expansive and they also have a Board Room and Library.

I put both buildings together for this market report, but would be happy to give anyone specific number for either building if they desired.

What’s My Mayfair Condo Worth?

Let’s take a look at September!

ACTIVE LISTINGS (7)

Four 1 Bedrooms ranging from $176,900 to $205,000
Three 2 Bedrooms ranging from $207,000 to $449,000 (a Penthouse listing)

PENDING LISTINGS (UNDER CONTRACT)(3)

Three 2 Bedrooms ranging from $299,000 to $404,000

SOLD (6)

Four 1 Bedrooms ranging from $154,000 to $190,000
Two 2 Bedrooms (and here is an example of price difference between the buildings) A 2 Bedroom in the Tower on the 3rd floor sold for $190,000 while a 2 Bedroom in the Renaissance sold for $330,00o.

In comparison, in September, 2013, ALL the sales were in the Tower Building with Two 1 Bedrooms selling at $119,000 and $150, 000 and Two 2 Bedrooms selling at $224,000 and $229,000.

Search Mayfair Renaissance/Tower Homes For Sale HERE

What’s My Mayfair Condo Worth? Want to know what your Mayfair Renaissance or Tower condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

What’s My 905 Juniper Condo Worth? September 2014 Update

October 28, 2014 by Thom Abbott

905 Juniper is another boutique condo building in Midtown. (Meaning smaller with 117 homes) This is another example of a condo building that has held its value. And currently, you need a big check book to purchase here with only 3 bedroom homes on the market. (NOTE: From the time I pulled data, until I got this report out, a 1 Bedroom has been listed at $315,000 and a 2 Bedroom at $499,000!! THAT is how the market changes in a week!)

Let’s take a look at the sales activity for September…

ACTIVE LISTINGS (2)

Two 3 Bedroom homes….one at $739,900 and the other at $1,595,000

PENDING LISTINGS (UNDER CONTRACT) (1)

One 1 Bedroom at $295,000

SOLD (1)

One 3 Bedroom at $755,000

In comparison, in September, 2013 there was one 3 Bedroom that sold at $515,000. The prices for the 2 and 3 Bedroom homes will be somewhat “all over the place” as many homes have had extensive renovations/upgrades to the condos.

But as we can see from above, and is a trend in ALL Midtown condo buildings, there is limited inventory!

Search 905 Juniper Homes For Sale HERE

What’s My 905 Juniper Condo Worth? Want to know what your 905 Juniper condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

What’s My 805 Peachtree Condo Worth? September 2014 Update

October 27, 2014 by Thom Abbott

805 Peachtree saw some limited sales activity in September this year.

In looking at this building to purchase, or sell, future Buyers and Sellers on the North side of the building will have to be prepared for possible lower values as a new building has finally been proposed for the vacant lot adjacent to 805 Peachtree. The building is proposed to be 36 stories and will pretty much block any views that current North-facing homes have. Something to keep in mind for sure.

Let’s take a look at September’s activity.

ACTIVE LISTINGS (4)

Three 1 Bedroom homes ranging from $199,000 to $209,000
One 2 Bedroom home listed at $549,000

PENDING LISTINGS (UNDER CONTRACT) (1)

One 2 Bedroom home listed at $359,000

SOLD

There were no sales in the building this month

In comparison, in September, 2013, there was one 1 Bedroom sold at $197,000 and one 2 Bedroom sold at $262,500. This sales price, compared to the one above that is Under Contract certainly shows an increase in price of 2 Bedroom homes. It is important to keep in mind that the floor plans vary in this building, and considering homes start almost on the 1st floor (you go up a set of steps from the lobby to get to the one section) you will have some variation in values.

It will be interesting to follow this building and if the new construction next door indeed moves forward, to see what happens with values.

Search 805 Peachtree Homes For Sale HERE

What’s my 805 Peachtree Condo Worth? Want to know what your 805 Peachtree condo could sell for?

Get your Complete and Accurate Home Value Report HERE

What’s my 1010 Midtown Condo Worth? September 2014 Update

October 27, 2014 by Thom Abbott

1010 Midtown was our last new construction condominium building in Midtown Atlanta! All the homes have been sold, and now it is all resales in the building.

1010 Midtown saw a reasonable amount of sales activity in September. Let’s take a look!

ACTIVE LISTINGS (5)

Two 1 Bedrooms listed at $265,000 and $295,000
Two 2 Bedrooms listed at $464,900 and $600,000

PENDING LISTINGS (UNDER CONTRACT) (4)

One 1 Bedroom at $295,000
Three 2 Bedrooms ranging from $429,900 to $540,000

SOLD (7)

Two 1 Bedrooms at $272,000 and $275,000
Five 2 Bedrooms ranging from $390,000 to $670,000

In comparison, in September, 2013, there were three 1 Bedrooms that sold, ranging in price from $260,000 – $294,900. Five 2 Bedroom homes sold, ranging in price from $383,000 to $549,900. There was quite a range in pricing on two bedroom homes since the building was “for sale” for several years. The developer held firm on pricing, but some homes sold for less originally, so you just see a variety in prices. Also, the size of the homes, and location of the floor plan make for premium homes on corners and such.

Search 1010 Midtown Home For Sale HERE

What’s My 1010 Midtown Condo Worth? Want to know what your 1010 Midtown condo could sell for?

What’s My Dakota Condo Worth?

What’s My MidCity Lofts Condo Worth?

What’s My Mayfair Condo Worth?

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