Intown Atlanta Real Estate Archives -

Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019

May 26, 2019 by Thom Abbott

Chamblee is a great community located along the Gold line of MARTA, North and slightly East of Midtown Atlanta. Once upon a time it was a sleepy town with it’s main street an example of what it was…Peachtree Industrial Blvd. But times have changed, and the Chamblee Signal -Official Newsletter of Chamblee is a great city publication about what’s happening in the city.

Here are the highlights of the May-June, 2019 issue:

Community Involvement in Comp Plan

A Comprehensive Plan is one of the most important documents any city can have in place. It’s the “road map” of where the city is headed in the future….the “vision” if you will. The first round of meetings referenced in the Signal happened earlier this month. You can learn more about the upcoming meetings and this process at OneChamblee.com

Facade Grant Program

Started by the Chamblee Downtown Development Authority (DDA) five years ago, this program is instrumental to the revitalizing and redevelopment of the Downtown Chamblee area. You can learn more about the DDA at DowntownChamblee.com

2019 National Wiffle Championship

Ahhhh…..don’t really know what to say. Best read the Signal, and you will find a link to it below.

PDK – A Hub for Business

Indeed, the SECOND busiest airport in GEORGIA sits right in Chamblee….Dekalb_peachtree, also known as PDK. While the airport primarily serves private aircraft, Ultimate Air Shuttle provides scheduled passenger service to Cleveland, Ohio and Charlotte, NC.

Chamblee Dining on the Rise

Along with the new apartment buildings and Peachtree Station Shopping Center comes more dining options. From Bad Daddy’s Burgers to Chronic Tacos, Gu’s Kitchen, La Garde, The Alden and more….residents and visitors alike have many new dining options, and more will certainly follow as the Downtown area redevelops and the new apartment buildings open up.

For all the stories in the Chamblee Signal -Official Newsletter of Chamblee, GA May June 2019, CLICK HERE!

If you are looking to purchase a new or existing home in Chamblee, give us a call at 770.713.1505. We’d be delighted to show you all the neighborhoods and various living options available to you! Or you can contact us here!

Historic West Midtown Goat Farm Arts Center to be Redeveloped

March 25, 2019 by Thom Abbott

A significant redevelopment is scheduled for the Goat Farm Arts Center, an artist community tucked away in West Midtown that’s very well known for its creative tenants and 19th century warehouses.

The $55 million project would add apartments and artist studios to the roughly 10-acre complex, according to plans put forward to the Development Authority of Fulton County.

The proposal refers to for a four-story apartment building with 240 units, including up to 36 affordable units. The building would be a mix of studio, one-bedroom and two-bedroom units. The project would also include about 50 commercial artist studios and a surface car park lot with 300 spaces.

The investment would come to an area where several of the buildings were originally constructed in the late 1800s, have slipped into a state of disrepair and are losing their functionality and ability to operate safely, says a fact sheet on the project.

The developer is Goat Farm Development LLC, an affiliate of TriBridge Residential, according to the Georgia Secretary of State’s office.

The proposal is scheduled to go before Fulton County’s development authority on March 26. The county will deal with whether to approve almost $2.8 million in property tax abatements over the next 10 years.

Atlanta Business Chronicle first learned of plans earlier this year when tenants said they were told to vacate the Goat Farm by the end of the year.

Sources told ABC that the Goat Farm will have to temporarily close during the redevelopment.

Anthony Harper of Hollister Property Development, which owns the Goat Farm, in February said he could not comment. Harper could not be immediately reached on March 21.

Ben Hautt, co-managing partner of Stream Realty, which has developed adaptive reuse projects including the Ellsworth in the Upper Westside, shared his confidence in a project at the Goat Farm.

” Anthony and the Goat Farm were pioneers and will continue to be,” Hautt told Atlanta Business Chronicle in an email. “Goat Farm was mixing the arts, loft space, and community strategy way ahead of everyone else. No doubt this new development will be prosperous, too.”

A redevelopment at the Goat Farm comes as property values in West Midtown continue to soar.

There’s more than a billion dollars worth of new projects in the pipeline for the area, said Jim Meyer, CEO of Atlantic Capital Properties, which is part of the development team for a $150 million project called 8West that’s bringing 175,000 square feet of office space.

“West Midtown is the place people want to be,” Meyer said.

Other big developments include Star Metals at Howell Mill, Brady Avenue and 11th, where coworking company Spaces signed a lease, and The Interlock, which landed WeWork.

Brookhaven GA 2018 Year End Real Estate Market Report

March 3, 2019 by Thom Abbott

Brookhaven, GA has always been a desirable location to live, ever since I’ve live in Atlanta! And when it became a city, I think that desirability grew even more as they looked to make things better like zoning and parks.

In this post, we want to focus on the 2018 real estate year in Brookhaven and what the real estate market was like. You can find more information about Brookhaven here.

Brookhaven GA 2018 Year End Real Estate Market Report

Disclaimer: As we do this “15,000 ft overview” of the Brookhaven market, please keep in mind many factors come into play as we pull market numbers. Some homes listed as Brookhaven, are not actually IN the city limits of Brookhaven. Ashford Park is a prime example…parts of it are actually in Chamblee, so some homes will get listed in Chamblee and some get listed in Brookhaven. But this overview will give you a good idea of what’s happening in the Brookhaven area.

Single Family Homes

We had to break down the single family home sales into three categories: Homes sold over $1m, homes sold $500,000 -$999,000 and finally homes sold for $499,999 or less. In 2018, those numbers look like this:

Over $1 Million — There were 49 sales in 2018, ranging from several at $1M to a high of $2,600,000 for 2799 Mabry Road.

$500,000 – $999,000 — A whooping 335 homes sold in this price range in 2018, ranging from $502,000 to $993,000

$500,000 or less — And there was an impressive 169 homes sold in this price range, from a low of $215,000 to a high of $495,000. There is a good chance than many of these homes in the lower price range were torn down to make way for the higher priced new construction that Brookhaven is seeing. On some streets in Brookhaven, we would not be surprised if in a few years there will be no original homes left…having all been torn down and replaced with new construction. It’s pretty amazing.

Brookhaven has a MARTA station on Peachtree Road, and another, just outside its city limits with the Medical Center station on the North side. Town Brookhaven has been the city’s “downtown” of sorts, and now a new development, including a hotel has been proposed right in front of Town Brookhaven,.

CLICK HERE to see the Complete 2018 Market Report – $1 Million

CLICK HERE to see the Complete 2018 Market Report – $500,000 – $999,000

CLICK HERE to see the Complete 2018 Market Report – $500,000 or less

Condominiums/Townhomes

Brookhaven has a variety of condominium and townhome communities. Surprisingly enough, there were like 60-some sales of condominium homes that were in the range of $205,000 or less….making Brookhaven still an affordable location for first time buyers. We do expect, however, to see those prices continue to rise in the coming years as the city works on making changes to areas like Buford Highway where any new construction will be way above these kinds of prices.

In 2018, there 380 sales, ranging in price from $106,000 at Keys Lake Condominiums (off Buford Highway) to a very impressive $1,350,000 for a home at The Aldredge. In looking at the report, you can see a majority of the sales were in the $400-600,000 range.

CLICK HERE to see the Complete 2018 Market Report

What’s The Real Estate Market Like in Brookhaven?

As we said earlier in this report….the housing boom of “tear-down and build new” will most likely continue into the future. We suspect it won’t be long any many streets will no longer have any of the older homes left…all having been torn down and replaced with the much larger $1m+ homes!

Townhomes and condominiums are still affordable in many areas of Brookhaven, but land prices and new construction will surely change that. There are numerous large, older apartment complexes that are more than likely going to get bought up and torn down to make way for new construction. It’s a challenge the city is looking to deal with to include affordable housing requirements for new construction. How that all plays out remains to be seen.

If you are looking to Buy or Sell a home in Brookhaven, MyMidtownMojo.com can help!

Selling? Do you want to sell your Brookhaven single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you!

Buying? Are you looking to buy a Brookhaven home, condo or townhome? We can set up specific searches for you based on price, community or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Brookhaven real estate needs!

Chamblee GA 2018 Year End Real Estate Market Report

March 3, 2019 by Thom Abbott

Chamblee, Georgia is found between Brookhaven and Doraville. In recent years, this sleepy “little town” has become a vibrant place to live with existing single family neighborhoods, numerous condo options and now, new single family and townhome construction. Also it’s prime location ITP (Inside The Perimeter) has made home values rise dramatically in the past few years.

In this post, we want to focus on the 2018 real estate year in Chamblee and what the real estate market was like. You can find more information about Chamblee here.

Chamblee GA 2018 Year End Real Estate Market Report

Disclaimer: The 30341 Zip Code, which is the primary one for the city, extends WELL beyond the actual boundaries of the City of Chamblee. Therefore, we have worked to limit the scope of this report to real estate sales specifically in the City. But, you will also find homes listed with Chamblee as the city that are not actually inside the Chamblee City limits.

Single Family Homes

In 2018, there were 158 single family homes sold, ranging in price from $153,300 to $880,000. Yes, that is quite the range of home prices. But Chamblee still has “up and coming” areas with recent annexation of areas between Buford Highway and I-285, and more established areas like Huntley Hills, which has started to see new infill construction, and then new construction communities like The Collection at Perimeter Park that has both single-family and townhome options.

Chamblee values (i.e. prices) have risen dramatically in recent years, but as we mentioned there are still several areas where homes can be purchased and with renovations, theses neighborhoods will likely see their prices rise in the future as well.

CLICK HERE to see the Complete 2018 Market Report

Condominiums/Townhomes

This ever popular type of home, both condominium and townhomes, has options in both in Chamblee. Most of the condominium-type communities are located close to Downtown Chamblee and the MARTA station, making them convenient for people who may work in Midtown or Downtown. The arrival of the Whole Foods Market and Peachtree Station shopping center have also been a great addition to the area.

In 2018, there 111 sales, ranging in price from $175,000 at Lofts at 5300 to $526,592 at the new Townsend Chamblee townhome community on Chamblee Dunwoody Road. There are several new townhome communities under construction in the area, and several others in development stages.

CLICK HERE to see the Complete 2018 Market Report

What’s The Real Estate Market Like in Chamblee?

If you are looking for a place where home values have been rising, and will be sure to rise, then look at Chamblee. The City is working on the redevelopment of its Downtown area, not to mention all the other construction that is happening. There are numerous new rental options also available, or coming on-line in the near future to give you an opportunity to experience Chamblee short term, and then find the perfect neighborhood for you!

Affordable single family homes can still be found in some neighborhoods, and like Doraville, are perfect for renovations to return them to the mid-century modern glory. A fully renovated home can easily sell in the low $300,000 range.

Another great source of information about Chamblee can be found at the Chamblee City Website.

If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee area for 20-plus years and have seen the changes and opportunities here!

Selling? Do you want to sell your Chamblee single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you!

Buying? Are you looking to buy a Chamblee home, condo or townhome? We can set up specific searches for you based on price, community or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Chamblee real estate needs!

Doraville Real Estate Market Report October 2018

November 18, 2018 by Thom Abbott

The Doraville real estate market has really changed with the arrival of Carver Hills, and we wanted to “take it’s pulse!” So let’s look at the Doraville Real Estate Market Report October 2018.

Please note: In preparing this report, we used data from FMLS (First Multiple Listing Service) and searched by the city name, “Doraville.” As a result, some homes on this report are not within the actual city limits of Doraville, but were listed with Doraville as the city address, most likely because of a zip code assignment.

First, a look at the townhome/condominium market…and a disclaimer. Doraville has only 1 condo community, and a one community is using a Doraville address, but they are actually in the city limits of Peachtree Corners, that being Copperleaf at Global Forum.

For October, there were 13 active listings, ranging from a Ashlyn Point 4-bedroom at $238,000 to a 3-bedroom at Carver Hills for $492,738. In the chart below, you can see the average days on market to be just 32 days, but a Copperleaf listing has been on the market for 122 days!

7 listings were Under Contract, and ranged from $95,000 at Chestnut Creek (the only condo complex) to $302,834 at Copperleaf at Global Forum.

7 homes sold (or closed) in October in Doraville. They ranged in price from $135,000 at Aspen Woods to a 3-bedroom at Copperleaf at Global Forum for $289,000.

In the Single-family market in Doraville, there were 18 homes listed For Sale. They range from $179,500 for a 3-bedroom, 1-bath in Guilford Village to $608,008 in Carver Hills for a new construction home.

There were five homes Under Contract ranging in price from $449,900 on Eula Circle ( a 5-bedroom built in 2012) to $563,316 in Carver Hills.

12 homes sold in October, ranging from $141,000 on Beacon Drive to $356,400 on Eaglerock in Northcrest.

Keep in mind, this Market Report is a “snapshot moment in time” of what is happening in the market, and is a view at, say 30,000 feet. What may be happening with sales and prices in your condominium building could be much different that what is selling across the street. And the same is true for single family homes as well.

If you are looking to Buy or Sell a home in Doraville, MyMidtownMojo.com can help! We have lived in the area for 20+years and know it very well!

Selling? Do you want to sell your Doraville single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you!

Buying? Are you looking to buy a Doraville home or condo? We can set up specific searches for you based on price, building or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Doraville real estate needs!

Chamblee Real Estate Market Report October 2018

November 18, 2018 by Thom Abbott

Chamblee has come a long way in being a desirable ITP neighborhood/city! Between new retail as well as single family and townhome construction, there are many housing options available here. Let’s “take it’s pulse!” So let’s look at the Chamblee Real Estate Market Report October 2018.

Please note: In preparing this report, we used data from FMLS (First Multiple Listing Service) and searched by the city name, “Chamblee.” As a result, some homes on this report are not within the actual city limits of Chamblee, but were listed with Chamblee as the city address, most likely because of a zip code assignment.

First, a look at the condominium/townhome market. Chamblee only has a few condominium options, but there are numerous new townhome developments.

For October, there were 46 active listings, ranging from a 2-bedroom condo at Eco Lofts at $280,000 to a 4-bedroom at The Bristol for $859,900. (The Bristol is the new, under construction development in Downtown Chamblee) In the chart below, you can see the average days on market to be 71, but a listing at Peachtree Creek Township seems to have been on the market for 157 days!

Just 9 listings were Under Contract, and ranged from $139,850 at Henderson Mill (not in Chamblee City Limits) to $491,497 at Townsend at Chamblee.

Only 5 homes sold (or closed) in October in Chamblee. They ranged in price from $210,000 at Elem Street Townhomes to a 4-bedroom at Peachtree Creek Township at $437,988.

In the Single-family market in Chamblee, there were 32 homes listed For Sale. The ranged from $289,900 for a 3-bedroom in Beverly Woods to $975,000 in Keswick Village for a new construction 4-bedroom, 4-bath home.

There were 13 homes Under Contract ranging in price from $275,000 in Huntley Hills to $825,000, also in Huntley Hills, but a 5-bedroom new construction home.

9 homes sold, or closed in October, ranging from $240,000 in Nottaway to $579,000 in Harts Place.

If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee/Doraville area for some 20+ years, so we are very familiar with the area!

Buying? Are you looking to buy a Chamblee home or condo? We can set up specific searches for you based on price, building or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Chamblee real estate needs!

Brookhaven GA 2018 Year End Real Estate Market Report

Single Family Homes

Condominiums/Townhomes

What’s The Real Estate Market Like in Brookhaven?

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Brookhaven real estate needs!

Chamblee GA 2018 Year End Real Estate Market Report

Single Family Homes

Condominiums/Townhomes

What’s The Real Estate Market Like in Chamblee?

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Chamblee real estate needs!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Doraville real estate needs!

Contact MyMidtownMojo and Thomas Ramon [email protected] House Properties at 770.713.1505 or [email protected] for all your Chamblee real estate needs!

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