See Home Value
Atlanta 30308 Midtown
725 Penn Avenue NE
$2,091,910*
House - Off Market

725 Penn Avenue NE

Atlanta, GA 30308
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5857 Sqft
$1,796,000 - $2,194,000
Reference Base Price*
4.86%
Since May 1, 2022
GA-Atlanta
Primary Model
Sold Mar 31, 2022
$1,775,000
Sold Jan 25, 2019
$1,265,000
Buyer
Seller

About This Property

Reduced by over $100k! Priced below appraisal! Gorgeous stately home in the heart of Midtown, within walking distance to Piedmont Park and the Beltline. With six bedrooms and five and a half bathrooms, including a carriage house and a swimming pool, this property is a truly unique opportunity for an individual or an investor. Situated on a large corner lot on a stunning tree-lined street, the home's gracious front porch leads to a splendid entryway withbeautiful inlaid hardwood floors, flanked by handsome rooms for receiving guests, including a working fireplace. The beautifully updatedgourmet kitchen features professional-grade appliances, and ample space for storage. A large dining room leads to a bright and airysunroom, perfect for entertaining. Four large bedrooms upstairs with updated bathrooms, include one ensuite, and one jack and jill. Theowner's suite is perfectly situated, overlooking the backyard and pool, and features a stunning spa-like bathroom, and custom closets.The finished basement with kitchenette and full bath offers several possibilities for living and entertaining, and could serve as acompletely separate living space, an excellent rental opportunity. Two back decks lead to a stunning saltwater pool, and hot tub, makingthis an entertainer's dream. The carriage house includes a one bedroom loft with full bath, and kitchenette: the perfect pool house,separate living space, or an additional rental opportunity. Other features of the home include new windows upstairs, a misting system onthe back deck for hot summer days, a buit-in speaker system, an on-street electric car charging port, newly resurfaced sidewalks, and more. professional-grade appliances, and ample space for storage. A large dining room leads to a bright and airy sunroom, perfect for entertaining. Four large bedrooms upstairs with updated bathrooms, include one ensuite, and one jack and jill. The owner's suite is perfectly situated, overlooking the backyard and pool, and features a stunning spa-like bathroom, and custom closets. The finished basement with kitchenette and full bath offers several possibilities for living and entertaining, and could serve as a completely separate living space, an excellent rental opportunity. Two back decks lead to a stunning saltwater pool, and hot tub, making this an entertainer's dream. The carriage house includes a one bedroom loft with full bath, and kitchenette: the perfect pool house, separate living space, or an additional rental opportunity. Other features of the home include new windows upstairs, a misting system on the back deck for hot summer days, a buit-in speaker system, an on-street electric car charging port, newly resurfaced sidewalks, and more.

The manager has listed the unit size as 5857 square feet.
Unit Size
5,857Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$341
Property Type
House
Property Taxes
$1,539
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Apr 5, 2022 No longer available -
No longer available
Mar 29, 2022 In contract -
In contract
Feb 12, 2022 Price Decreased $1,995,000
↓ $105K (5%)
Price Decreased
Dec 5, 2021 Price Decreased $2,100,000
↓ $100K (4.6%)
Price Decreased
Nov 12, 2021 Listed $2,200,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2018
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D+
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 740
  • Building Area: 740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: None
  • Heated Square Feet: 740
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DWELLING
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MIDTOWN REVIEWED PER FMLS 820 UPDATED RECORDS. PU POOL NW 820 GATED

Ownership

  • Current Owner : WALLACH JOSHUA DAVID
  • Current Owner 2: WALLACH KELLY LESLIE
  • Previous Owner : GISSY JACOB
  • Owner Before Previous Owner: BALSER R J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 001203

Zoning

  • Zoning: R5

Geography

  • Account Number: 0998991
  • District: 05
  • Parcel: 14 004900100457
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7744
  • Longitude: -84.3785

    Address

  • Full Address: 725 Penn Ave Ne
  • Address - House Number: 725
  • Street Segment Direction: NE
  • Address - Street Name: Penn
  • Address - Suffix Type: Ave
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C029
  • 4-Digit Zip Code: 1501
  • Zip Code: 30308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,983
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 1,751,523
  • High Value: 2,078,561
  • Low Value: 1,424,484

    Market Valuation

  • Market Total Value: $1,770,500
  • Market Land Value: $288,200
  • Market Improvement Value: $1,482,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $708,200
  • Assessed Land Value: $115,280
  • Assessed Improvements Value: $592,920

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11884355745
  • Current Sale Price: $1,775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-013808
  • Previous Sale Recording Date: Jan 25, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $1,265,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,982 ft²
$414/ft²
$1,650,000 Jun 15, 2023
-
$959/mo
House
4 Beds
4.5 Baths
4,100 ft²
$411/ft²
$1,685,000 Jun 26, 2023
-
$460/mo
House
4 Beds
3.5 Baths
3,195 ft²
$500/ft²
$1,599,000 Jul 21, 2023
-
$1,168/mo
Commercial
Loft
-
5,276 ft²
$421/ft²
$2,222,222 Aug 1, 2023
-
-
Condo
4 Beds
3.5 Baths
2,537 ft²
$786/ft²
$1,995,000 May 15, 2023
-
-
Condo
3 Beds
3.5 Baths
2,352 ft²
$813/ft²
$1,912,335 Dec 1, 2022
-
$21,732/mo
Condo
3 Beds
3.5 Baths
2,352 ft²
$813/ft²
$1,912,335 Dec 1, 2022
-
-
Condo
3 Beds
3.5 Baths
2,352 ft²
$740/ft²
$1,739,840 May 26, 2023
-
$21,732/mo
Townhouse
3 Beds
3.5 Baths
2,352 ft²
$740/ft²
$1,739,840 May 26, 2023
-
-
Condo
4 Beds
3.5 Baths
-
$1,995,000 May 14, 2023
-
$23,436/mo
Multifamily
Stu
-
-
$2,150,000 Jun 7, 2023
-
$1,593/mo

About Northeast Atlanta


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Frequently Asked Questions

When was property at 725 Penn Avenue Northeast built and last sold?
The property at 725 Penn Avenue Northeast was built in 1920 and last sold on Mar 31, 2022 for $1,775,000.
How much is this home worth?
The estimated value of the home located at 725 Penn Avenue Northeast is $2,014,950.
What are some comparable homes to 725 Penn Avenue Northeast?
There are currently no comparable homes to 725 Penn Avenue Northeast.

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