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Atlanta Condos For Sale

Top Ten Midtown Atlanta Condo Buildings for 2013

February 1, 2014 by Thom Abbott

Top Selling Midtown Condo BuildingsThe month of January, 2014 has quickly slipped past us! But it’s not to late to take a look back at 2013 and the….

Top Ten Midtown Atlanta Condo Buildings for 2013

Condominium living in Midtown Atlanta is as varied as the very people that occupy them! From high-rise glass towers to historic buildings, you can find something that fits your taste, size and hopefully….budget….when you look for a new home in Midtown!

So what buildings were most popular in terms of number of homes sold? Drum roll please….

10. Tuscany Condominiums — Juniper Street (21 Homes Sold)

  • 13 One Bedroom Homes — Average List Price:  $136500 — Average Sold Price:  $125,954
  •  8 Two Bedroom Homes — Average List Price:  $202,975– Average Sold Price:  $192,935

9. Mayfair Renaissance/Mayfair Tower –14th Street ( 28 Homes Sold)

  •  7  One Bedroom Homes — Average List Price:  $141,243 — Average Sold Price:  $136,500
  • 21 Two Bedroom Homes  Average List Price:  $256,979 — Average Sold Price:  $244,619

8.  1280 West — West Peachtree Street (29 Homes Sold)

  • 25 One Bedroom Homes — Average List Price:  $92,733 — Average Sold Price:  $91,716
  •  4 Two Bedroom Homes — Average List Price:  139,975 — Average Sold Price:  $136,250

7. Cornerstone Village — Peachtree at 6th Street (30 Homes Sold)

  • 23 One Bedroom Homes — Average List Price:  $144,285 — Average Sold Price:  $103,686
  •  6 Two Bedroom Homes — Average List Price:  $172,150 — Average Sold Price:  $164,600
  •  1 Three Bedroom Home– Sold at $207,500

6. Plaza Midtown — West Peachtree at Peachtree Place (9th Street) (31 Homes Sold)

  • 16 One Bedroom Homes — Average List Price:  $192,231 — Average Sold Price:  $183,428
  • 14 Two Bedroom Homes– Average List Price:  $340,643 – Average Sold Price:  $321,060
  •  1 Three Bedroom Home — Average List Price:  $750,000- Average Sold Price:  $687,000

5. Spire Midtown — Peachtree at 7th Street (33 Homes Sold)

  • 16 One Bedroom Homes — Average List Price:  $184,808 — Average Sold Price:  $175,181
  • 16 Two Bedroom Homes – Average List Price:  $357,178 — Average Sold Price:  $342,806
  • 1 Three Bedroom (Combined home) Listed at $599,000 and Sold at $500,000

4. Metropolis Midtown — Peachtree at 8th Street (40 Homes Sold)

  • 26 One Bedroom Homes — Average List Price:  $162,031 — Average Sold Price:  $155,045
  • 14 Two Bedroom Homes –  Average List Price:  $339,036 — Average Sold Price:  $322,032

3. Park Central Condominiums – Juniper at 13th Street (43 Homes Sold)

  • 19 One Bedroom Homes — Average List Price:  $147,053 — Average Sold Price:  $143,108
  • 24 Two Bedroom Homes — Average List Price: $218,354 — Average Sold Price:  $208,269

2. Viewpoint Condominiums — Peachtree at 6th Street (44 Homes Sold)

  • 12 One Bedroom Homes — Average List Price:  $217,175 — Average Sold Price:  $208,662
  • 32 Two Bedroom Homes – Average List Price:  $452,147 — Average Sold Price:  $325,969

And, for the second year in a row, the Number One Selling Midtown Atlanta condominium building is…

1010 Midtown Condominiums (73 Homes Sold)

It is first only fair to say that this was the last new construction opportunity available in Midtown Atlanta (not counting Midtown West) and as a result, this building had the most inventory to sell that had never been occupied. I’m sure 2014 will show some very different numbers now that the building is sold out.

  • 27 One Bedroom Homes — Average List Price:  $259,937 — Average Sold Price:  $256,997
  • 39 Two Bedroom Homes — Average List Price: $529,954 — Average Sold Price:  $507,387
  • 7 Three Bedroom Homes — Average List Price: $1,137,686 — Average Sold Price:  $970,571
For comparison, here is the Top Ten Selling Midtown Atlanta Condos for 2012.

If you would like more information about ANY of these Midtown Atlanta condo buildings, there is a link to each building above, or feel free to use the Contact button and we will get right back to you!

Filed Under: Atlanta Relocation, Blog, Buyers, Condominiums of Midtown, Market Reports, Sellers Tagged With: Atlanta Condominiums, Intown Atlanta Real Estate, Intown Atlanta Real Estate Buyers Guide, Midtown Atlanta Condominiums, Midtown Atlanta Market Reports

One Museum Tower – A Midtown Atlanta Condo Building Reborn!

December 23, 2013 by Thom Abbott

Museum Tower SiteBack before the market crash, I think I had a bit of a “crystal ball” moment. I used to look at all the new buildings going up (and proposed) and said, “This is awesome, all this new construction, but who is going to fill all these buildings?” Well, we know what happened in Midtown Atlanta, and many other cities as well.  But times, they do change, right?

One Museum Tower – A Midtown Atlanta Condo Building Reborn!

An article in the Atlanta Business Chronicle states the longtime Atlanta developer John Wieland has brought back One Museum Tower to Peachtree Street, across from the High Museum. On the right is actually a photo I took from INSIDE the High Museum, looking across Peachtree Street to the then vacant site back in 2007. At that time, the site had already been sitting there for well over a year.

At Midtown Alliance’s Development Review Committee last week, the building was introduced again, in a much smaller version. The original plans were for a 23-story building with some 90+ homes starting around $2 Million! (I wondered THEN where THOSE kinds of buyers were coming from?)

One Museum Tower 2013

(Drawing/photo compliments of Midtown Patch/ABC)

Fast forward to this week, and we now have a very scaled down One Museum Tower… FIVE story building with only 48 homes, ranging in price from $700,000 to $2.5M. (I again have to wonder, are there that many condo buyers out there for this price point of a condo? Another building, Seventh Midtown has also been announced, pricing to start at $600,000 and go to $1M)

While it’s great to see the wheels of construction begin to turn, I hate to see a prime piece of Peachtree Street not see it’s potential when it comes to a high-rise building. Mind you, I’m sure the residents of Ansley Park (just behind this site) are jumping for joy at a smaller project with out the height!
Let’s see what happens with the new and improved One Museum Tower!
Below is the building proposed about 7 years ago!

One Museum Tower Original Design

Filed Under: Blog, Condominiums of Midtown Tagged With: Atlanta Condominiums, Condominiums, Intown Atlanta Real Estate, Midtown Atlanta Condominiums, midtown atlanta real estate

Midtown Atlanta Condos | Is There Guest Parking In Midtown Condos?

December 7, 2013 by Thom Abbott

Midtown Atlanta Condo Guest ParkingAs I show Midtown Atlanta condos on a daily basis, I’m almost always assured to be asked the question, Is there guest parking in Midtown Condos? The answer to that question is NOT a simple Yes, or No. More like…Maybe? Or depends on the building?

Midtown Atlanta Condos | Is There Guest Parking In Midtown Condos?

Probably the best answer IS it depends on the building. Some of the Midtown Atlanta Condo buildings have paid retail parking space, which allows for your guests to park in the retail parking area, for a fee. One building in particular, 1010 Midtown does NOT allow this. Visit a few of the restaurants in the 12th and Midtown area, and decide to take a cab home to avoid a DUI? You’ll find a $150 boot on your car the next morning. (Very unfortunate and really don’t understand why they do this?) Yet another building, Plaza Midtown has NO guest parking. All of the retail parking is just that…for retail, and there is no overnight parking allowed either.

Buildings like Metropolis, Spire and Viewpoint have the paid retail parking. Park Central DOES have guest spaces, available on a first-come, first-served basis. But at least they have them, and they are free.

Spot Share Guest Parking Midtown AtlantaSo you say, there must be a better way? Indeed, you see all these parking lots around Midtown, but they too cost money, and may not be all that secure for an overnight stay. So along comes SpotShare!

SpotShare, developed back in 2003, is an online parking registration site that can be used by condominium residents. It allows residents to donate and request parking spaces in their own building’s residential parking area. Imagine, you have a 2 bedroom condo with 2 spaces, but only one car. You can offer up that extra parking space when you are sure you won’t need it, and help out a neighbor! How cool is that? And really, this can be a life-saver for many of our Midtown Atlanta condo residents.

If your Midtown Atlanta condo building does not offer SpotShare, mention it to your Property Manager or a Board Member. There is a cost to the association (I’m not sure how much) but not only will it make your life a bit easier for you AND your guests, it is a great selling tool when you are looking to sell your condo!!

Filed Under: Blog, Buyers Tagged With: Atlanta Condominiums, Intown Atlanta Real Estate, Intown Atlanta Real Estate Buyers Guide, Midtown Atlanta Condominiums

Parking Spaces in Midtown Atlanta Condos | Do They Really Matter?

October 31, 2013 by Thom Abbott

Skyhouse South Parking GarageAs a real estate agent, I’m expected to know a lot.

After all, you’ve decided to come to me to help you with one of your biggest financial investments…buying a Midtown Atlanta condo. And  one of the questions often centers around parking spaces. Parking Spaces in Midtown Atlanta Condos…Do They Really Matter?

Yes.

When purchasing a Midtown Atlanta condominium, the “standard” is one parking space per bedroom. The parking space does not belong to the condominium unit itself, but is a limited common element of the entire building, and is assigned to your specific unit. But there are exceptions to this rule, and the “standard” may not apply.

The biggest challenge falls when you purchase a two-bedroom condominium, and it only has ONE ASSIGNED parking space. This brings up that phrase from the Apollo movie, “Houston, we have a problem.” Now you, the Buyer might say, “It’s ok, I only have one car.” Well, that may be fine for you, but as your Buyer’s Agent I’m going to be talking to you about RESALE!!!! One parking space may not be a problem for you, but when you go to sell, and that next Buyer is looking for a two-bedroom with 2 parking spaces, your home just became more difficult to sell.

I dislike the overused phrase, “trust me” but in this case, trust me.

Case in point. I just lost a rental listing I had in a Midtown high rise building. Really a beautiful home…all new hardwoods, bathrooms and kitchen all remodeled…beautiful. 2 bedrooms and 2 baths. It was on the second floor, which I’m sure was a deterrent (that’s another subject) but….you guessed it…..ONE PARKING SPACE. I can’t tell you how many times I showed that condo, and got asked, “But we have two cars, where do we park the second car?”

 Parking Spaces in Midtown Atlanta Condos | Do They Really Matter?

YES!

Filed Under: Blog, Buyers Tagged With: Atlanta Condominiums, Intown Atlanta Real Estate, Intown Atlanta Real Estate Buyers Guide, Midtown Atlanta Condominiums

Midtown Atlanta Condos For Sale | Aqua Midtown Atlanta

October 29, 2013 by Thom Abbott

Luxury Midtown Atlanta Condominiums Aqua Midtown AtlantaWhen shopping for a Midtown Atlanta Condo, you will find that every building has it’s own “feel.” Whether that is created by the design, decorating, or something else, you really have to see each building to know what it is like. When I’m working with a condo buyer in Midtown Atlanta, I make a point to show them every building, even if there are no current homes listed in the building, so they get some of that “feel” for the building. One building that has a unique feel is Aqua Midtown Atlanta.

Aqua Midtown Atlanta is located on the corner of 10th and West Peachtree Streets. As you enter into Midtown via the Downtown Connector, this building stands out with its blue glass window front and signature “oval” on the top. This corner location offers convenience PLUS! For the busy traveler, you are just off the Downtown Connector if driving, or just across the street from the Midtown MARTA station if mass transit is best for you to get to the Atlanta airport. Just behind the building is the Midtown Publix Market, located in Plaza Midtown. This location is also just a couple blocks for the restaurants and shopping of 12th and Midtown!

Once inside Aqua Midtown Atlanta, the lobby is graced by a massive water feature along one wall of the lobby. One might think, “Why so many elevator doors?” a unique feature only found in this Midtown Atlanta condo building is semi-private elevators that service the homes. You step on the elevator, select your floor, and the elevator doors open into a private foyer….for your home only!!!

Aqua Midtown Atlanta Private Elevator FoyerOne, two and three bedroom homes offer a variety of floor plans, views and amenities. Aqua Midtown Atlanta was the first condo building to offer 3 bedroom homes…not a combination of two homes, but original design. As such, these spacious homes are well thought out and offer incredible living space and views from the Northeast corner of the building.

If you are looking for a Midtown Atlanta Condo, and want something unique and different, then Aqua Midtown Atlanta is one place you need to see, and “feel.”

For more information, click here to learn about Aqua Midtown Atlanta.

 

Filed Under: Blog, Condominiums of Midtown Tagged With: Atlanta Condominiums, Intown Atlanta Real Estate, Midtown Atlanta Condominiums

15 Tips For Your Midtown Atlanta Condo for Photography

May 15, 2013 by Thom Abbott

Tips for Selling your Midtown Atlanta CondoWhen you list your Midtown Atlanta condo For Sale, one of the most important pieces of our marketing plan is the photography we will use to show what your home looks like.

15 Tips For Your Midtown Atlanta Condo for Photography

Remember, most of the initial “visits” to your condominium, will be via your listing on various websites, including the individual web site we build for your home! First impressions go a long way…and we want to make a good one!

Here are 15 tips I recommend you follow as we go through the listing process, and get ready to take photos of your condo:

  1. De-clutter as much as possible. If you have lots of kitchen appliances, or “stuff” on the coffee table, or shelves, pack it up and put it away or remove it entirely if you can live without it! This includes closets and the pantry if you have one. Buyers want to see the storage space they are going to have!
  2. Depersonalized to a certain degree. You may leave a few personal photos, but less is better. Also, if you have any  potentially offensive art (and if you have to questions it, it’s questionable) then remove it
  3. Dust and vacuum. And this means things like blinds you may not have touched in months (or years) and those high up a/c vents you find in condos.
  4. Make your bed, arrange all the pillows, and check that everything is aligned.
  5. Clean the kitchen sink and put away all the dishes. Wipe out your stainless steel sink so it’s clean and dry (do this for showings too!)
  6. Clean off the  bathroom counter tops and put away any personal items.
  7. Remove all those assorted bottles of shampoos and conditioners from the shower.
  8. Put out the freshly folded matching towels and hide all the others.
  9. Hide any and all trash cans.
  10. Remove all the menus and photos and more from the refrigerator. (You’ll want to leave it this way for the time your condo is listed!)
  11. If there are pets, hide all food/water bowls, pet beds, and pet toys. (I’d differ here….these can show you live in a pet-friendly building, however, if a potential buyer is allergic, they may be thinking carpet cleaning or other things to purchase the condo.)
  12. Put all toilet seats and lids down. (I’m amazed at the listing pictures I see where this is not done!)
  13. Make sure all lights are operational. Replace all burned out light bulbs…even in those high up recessed lights! 
  14. If you have a dining area, or even a breakfast bar, decorate with your best everyday dishes, or good china if you have it.
  15. Consider putting out vases of fresh flowers. (Another great thing to have in place while your home is on the market…what a feel if gives.) Also some newly purchased green plants adds to the overall feel of your condo.

Photo Tips for Midtown Atlanta Condos

 

When we list your Midtown Atlanta condo, the FIRST “showings” you are going to receive will be via the Internet…and the pictures on your listing! This is some of the most important marketing we do for your condo….so we want to get it right!

If you have any doubts about whether something should be left or removed, just ask! Also, some things can be moved out of the way for photos, and then returned, but the potential Buyer may also notice…”hey, that dresser was not in the photo.” Yes, they DO notice!

Filed Under: Blog, Sellers Tagged With: Atlanta Condominiums, Midtown Atlanta Condominiums, Seller Tips

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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