795 Hammond Dr #311 · Sandy Springs, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 18.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +14.1/30.0
- 1% rule +8.3/10.0
- Schools +4.5/10.0
- DSCR +4.3/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- Appreciation +0.0/10.0
$109,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Unlock incredible potential in the heart of the city! This 1-bedroom, 1-bathroom unit in the Park Tower 1 Condominium offers 541 square feet of living space just waiting for your vision and personal touch. Perfectly priced and ready for renovation, this is a rare opportunity in a high-demand complex. While you customize your interior, enjoy a lifestyle of unmatched convenience with world-class amenities at your fingertips: a fitness center, swimming pool, tennis courts, and a dedicated dog park. The community is a true urban oasis, also featuring an on-site convenience store, coffee shop, and dry cleaners-plus the lush greenery of Hammond Park right outside. Residents also enjoy reciprocal access to the luxury amenities in the neighboring Eva Tower. Bring your contractor and your creativity to transform this space into the ultimate urban retreat!
Key facts
- Dog park
- Fitness center
- Swimming pool
Tags
Property features AI
Finance
- Financial info: Community contains 1 unit
- HOA & community: Monthly association fee of $348; Association-managed community
Exterior
- Parking: Assigned parking for 2 vehicles
- Utilities: Public water; Public sewer; Electric service (110 volts); Electricity, sewer and water available
- Home design: One-level property; Resale unit; Fee simple ownership
- Construction: Built with other construction materials; Brick/mortar foundation; Other roof type
- Exterior features: Covered rear porch; Balcony; Tennis courts; Fenced pool; Community amenities include barbecue, concierge, dog park, fitness center, park, pool, tennis courts, near Beltline, near public transport, near schools, near shopping
Interior
- Kitchen: Dishwasher; Electric oven
- Bedrooms: One main-level bedroom; Bedroom has other features
- Flooring: Carpet; Luxury vinyl
- Bathrooms: One full bathroom; Master bath with shower-only and other features
- Heating & cooling: Central air conditioning; Forced air heating
- Interior features: Other interior features; Double-pane windows; 2+ shared/adjacent walls
- Laundry & utility: Laundry in common area on lower level
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $110k.
Deal economics
- At list price, monthly cash flow is $17 ($200/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $110k).
- Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
- Cap rate 6.5% vs local median 2.6% in Sandy Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 73/100 on livability (#45 in GA) — a middle-class / working-renter tenant base. Strengths: employment A+, crime A-, commute A-; Watch: amenities F, cost of living F.
- Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: High Point Elementary School (math 46% / reading 51%, grade D, #284 of 1,228 statewide, top 23%, 675 students, 48% FRL); Ridgeview Charter School (math 33% / reading 45%, grade F, #155 of 470 statewide, top 33%, 996 students, 45% FRL); Riverwood International Charter School (math 24% / reading 10%, grade F, #269 of 424 statewide, top 65%, 1,737 students, 30% FRL) — zoned schools at 41% FRL track the district average.
- Zoned-school proficiency averages 35% at this address vs 51% district-wide (-16 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.2%/yr); 381 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
- This rent is only 16% of the median local income ($112k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $760 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 47 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 5y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 24% of rent.
- Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.33% ✓
- Cap rate
- 6.47%
- Cash-on-cash
- 0.65%
- DSCR
- 1.03
- GRM
- 6.3
CMA / ARV
- ARV (median comp)
- $177,032
- List price
- $109,900
- Delta
- -37.92%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -20.2%
- Equity multiple
- 0.32×
- Total profit
- $-20,785
- Equity at exit
- $16,386
- IRR
- -28.6%
- Equity multiple
- -0.05×
- Total profit
- $-32,283
- Equity at exit
- $9,502
Cash invested: $30,772 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 30328
- Rents YoY
- -0.2%
- Active inventory
- 381
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $1,465 high interval (Pro) →
- Mortgage (P&I)
- −$576
- Tax from tax record
- −$170 /mo · $2,045/yr
- Insurance
- −$46
- HOA
- −$348
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$308
- Net cashflow
- $17
Break-even live
Sensitivity live
| Price | -10% $79 | -5% $48 | +0% $17 | +5% $-14 | +10% $-46 |
|---|---|---|---|---|---|
| Rent | -10% $-99 | -5% $-41 | +0% $17 | +5% $74 | +10% $132 |
| Rate | -1.0pp $72 | -0.5pp $45 | base $17 | +0.5pp $-12 | +1.0pp $-41 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $27,475
- Closing costs
- $3,297
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 36 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| — Atlanta, GA | 1.0 | 1.0 | 750 | $1,200 | $1.60 | 46d | 1 | 0.04mi |
| 795 Hammond Dr #505 Atlanta, GA | 1.0 | 1.5 | 703 | $1,300 | $1.85 | 27d | 1 | 0.04mi |
| 795 Hammond Dr #1111 Atlanta, GA | 1.0 | 1.0 | 541 | $1,300 | $2.40 | 27d | 1 | 0.04mi |
| 799 Hammond Dr #105 Atlanta, GA | 1.0 | 1.0 | 733 | $1,600 | $2.18 | 46d | 1 | 0.05mi |
| 799 Hammond Dr #306 Atlanta, GA | 1.0 | 1.0 | 585 | $1,400 | $2.39 | 20d | 1 | 0.05mi |
| Goldrush Cir NE Sandy Springs, GA | 1.0 | 1.0 | 600 | $1,400 | $2.33 | 46d | 1 | 0.26mi |
| 5755 Glenridge Dr Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 942 | $1,650 | $1.75 | 0d | 18 | 0.38mi |
| 1115 Springwood Connector Unit 363 Sandy Springs, GA | 1.0 | 1.0 | 725 | $1,620 | $2.23 | 46d | 1 | 0.49mi |
| 1115 Springwood Connector Atlanta, GA | 2.0 | 1.0–2.0 | 1103 | $2,032 | $1.84 | 0d | 32 | 0.51mi |
| 1110 Hammond Dr Atlanta, GA | 2.0 | 1.0–2.0 | 975 | $1,962 | $2.01 | 0d | 34 | 0.51mi |
| 5610 Glenridge Dr Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 945 | $1,534 | $1.62 | 1d | 9 | 0.62mi |
| 111 Glenridge Point Pkwy Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 943 | $1,515 | $1.61 | 1d | 15 | 0.63mi |
| 1160 Hammond Dr Atlanta, GA | 3.0 | 1.0–2.0 | 1095 | $1,828 | $1.67 | 13d | 35 | 0.63mi |
| 475 Mount Vernon Hwy NE Atlanta, GA | 1.0 | 1.0 | 700 | $2,945 | $4.21 | 27d | 2 | 0.78mi |
| 475 Mount Vernon Hwy NE Unit C225 Atlanta, GA | 1.0 | 1.0 | 700 | $2,995 | $4.28 | 8d | 1 | 0.78mi |
| 1400 Lake Hearn Dr NE Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1062 | $1,891 | $1.78 | 0d | 200 | 0.84mi |
| 760 Mount Vernon Hwy NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 626 | $1,289 | $2.06 | 4d | 21 | 0.85mi |
| 5550 Glenridge Dr Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 908 | $1,455 | $1.60 | 13d | 9 | 0.90mi |
| 101 High St Atlanta, GA | 2.0 | 1.0–2.0 | 843 | $2,294 | $2.72 | 0d | 55 | 0.91mi |
| 210 Granville Ct Atlanta, GA | 1.0 | 1.0 | 629 | $1,375 | $2.19 | 46d | 1 | 0.92mi |
| 524 Granville Ct Atlanta, GA | 1.0 | 1.0 | 711 | $1,395 | $1.96 | 8d | 1 | 0.96mi |
| 5501 Glenridge Dr Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1005 | $1,293 | $1.29 | 1d | 40 | 1.03mi |
| 6075 Roswell Rd Atlanta, GA | 2.0 | 1.0–2.0 | 1015 | $2,344 | $2.31 | 1d | 24 | 1.13mi |
| 6125 Roswell Rd Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1024 | $1,669 | $1.63 | 0d | 16 | 1.14mi |
| 5385 Peachtree Dunwoody Rd Atlanta, GA | 1.0–3.0 | 1.0–2.5 | 1245 | $1,295 | $1.04 | 0d | 11 | 1.14mi |
| 6500 Aria Blvd Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1007 | $2,023 | $2.01 | 0d | 21 | 1.16mi |
| 5479 Glenridge Dr Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 904 | $1,258 | $1.39 | 0d | 24 | 1.18mi |
| 6050 Roswell Rd Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 990 | $1,525 | $1.54 | 1d | 29 | 1.20mi |
| 5450 Glenridge Dr Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 974 | $1,549 | $1.59 | 46d | 1 | 1.27mi |
| 60 Perimeter Center Pl Atlanta, GA | 2.0 | 1.0–2.0 | 1090 | $2,220 | $2.04 | 0d | 20 | 1.27mi |
| 4150 Ashford Dunwoody Rd NE Brookhaven, GA | 3.0 | 1.0–2.0 | 1085 | $2,107 | $1.94 | 2d | 29 | 1.29mi |
| 70 Perimeter Ctr E Atlanta, GA | 1.0–3.0 | 1.0–3.0 | 1097 | $1,404 | $1.28 | 0d | 22 | 1.43mi |
| 1000 Ashwood Pkwy Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1002 | $1,609 | $1.60 | 2d | 11 | 1.44mi |
| 6300 Blue Stone Rd Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1058 | $1,983 | $1.87 | 1d | 17 | 1.44mi |
| 6400 Blue Stone Rd Sandy Springs, GA | 1.0–2.0 | 1.0–2.0 | 893 | $1,975 | $2.21 | 15d | 1 | 1.47mi |
| 6400 Blue Stone Rd Sandy Springs, GA | 1.0–2.0 | 1.0–2.0 | 893 | $2,019 | $2.26 | 5d | 4 | 1.47mi |
HOA detail condo
- Monthly dues
- $348 · $4,176/yr
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 23 events
-
2026-06-21days on market $109,900 Active 47 DOM
-
2026-06-18days on market $109,900 Active 44 DOM
-
2026-06-17days on market $109,900 Active 43 DOM
-
2026-06-16days on market $109,900 Active 42 DOM
-
2026-06-15days on market $109,900 Active 41 DOM
-
2026-06-13days on market $109,900 Active 39 DOM
-
2026-06-09days on market $109,900 Active 35 DOM
-
2026-06-08days on market $109,900 Active 34 DOM
-
2026-06-07pricedays on market $109,900 Active 33 DOM
-
2026-06-04days on market $119,900 Active 30 DOM
-
2026-06-03days on market $119,900 Active 29 DOM
-
2026-06-01days on market $119,900 Active 27 DOM
-
2026-05-31days on market $119,900 Active 26 DOM
-
2026-05-04$119,900 New 858-char remark
Show marketing remark (858 chars)
Unlock incredible potential in the heart of the city! This 1-bedroom, 1-bathroom unit in the Park Tower 1 Condominium offers 541 square feet of living space just waiting for your vision and personal touch. Perfectly priced and ready for renovation, this is a rare opportunity in a high-demand complex. While you customize your interior, enjoy a lifestyle of unmatched convenience with world-class amenities at your fingertips: a fitness center, swimming pool, tennis courts, and a dedicated dog park. The community is a true urban oasis, also featuring an on-site convenience store, coffee shop, and dry cleaners-plus the lush greenery of Hammond Park right outside. Residents also enjoy reciprocal access to the luxury amenities in the neighboring Eva Tower. Bring your contractor and your creativity to transform this space into the ultimate urban retreat!
-
2026-05-04$119,900 Active 864-char remark
Show marketing remark (858 chars)
Unlock incredible potential in the heart of the city! This 1-bedroom, 1-bathroom unit in the Park Tower 1 Condominium offers 541 square feet of living space just waiting for your vision and personal touch. Perfectly priced and ready for renovation, this is a rare opportunity in a high-demand complex. While you customize your interior, enjoy a lifestyle of unmatched convenience with world-class amenities at your fingertips: a fitness center, swimming pool, tennis courts, and a dedicated dog park. The community is a true urban oasis, also featuring an on-site convenience store, coffee shop, and dry cleaners-plus the lush greenery of Hammond Park right outside. Residents also enjoy reciprocal access to the luxury amenities in the neighboring Eva Tower. Bring your contractor and your creativity to transform this space into the ultimate urban retreat!
-
2021-08-16soldstatus $134,000
-
2021-08-10soldstatus $134,000 Closed
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2021-08-10soldstatus $134,000 Sold
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2021-08-06status Under Contract
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2021-08-06status Pending
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2021-07-19$138,500 Active
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2021-07-19$138,500 New
Show marketing remark (1271 chars)
Looking for an incredible location at a great value in the City of Sandy Springs? Look no further than this great condominium at Park Towers. Enjoy all the ease of living at this wonderful community. Great amenities including a recently remodeled/renovated cook-out and playground area near the pool area plus a dog park area. There is a small shop/grocery off the main level along with a great fitness room, common laundry area as well as onsite drycleaners. Easy access from the parking garage into the building which has a full-time concierge. The parking space for this condominium is number A12. This condominium offers a kitchen area with separate dining area. The great room area is filled with natural daylight. The bedroom features a nice sized closet and a full bath. The refrigerator remains with the property. Easy access to all the major expressways. Close to top public and private schools. Park Towers is just a few short minutes from downtown Sandy Springs and all that 'City Springs' has to offer including the Performing Arts Center. This condominium is priced to sell and is hard to beat given the amenities that Park Towers offers as well as covered parking in the parking garage with easy elevator access to the entrance to the building.
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2001-06-18soldstatus $80,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast GA · Resets to sale price
- Current annual tax
- $2,045 · $170/mo
- Projected year-2 tax
- $2,045 · $170/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
- Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
- Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $17,577
- − Mortgage interest
- −$6,156
- − Property taxes
- −$2,045
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,406
- − Management
- −$1,406
- − HOA
- −$4,176
- − Depreciation
- −$3,197
- Taxable loss
- −$1,359
- Est. tax savings @ 24.0%
- +$326
- After-tax cash flow
- $526/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Fulton County
- NCES district ID
- 1302280
- Math proficiency
- 49% ▼ -2.00%
- Reading proficiency
- 53% ▬ 0.00%
- Median HH income
- $68,035
- Composite
- 45.33/100
- National rank
- #2640
- State rank
- #12 of 174 in GA
Livability — Sandy Springs
- Score
- 73/100
- State rank
- #45
- US rank
- #5106
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sandy Springs, GA
- County
- Fulton County · 1,094,430 people
- City population
- 108,027
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 39,508
- Household income
- $112,111
- Rent vs Own
- Severe rent burden
- 1884.0
Population outlook (Fulton County) Hauer SSP2
- Today (2025)
- 1,203,707 people
- By 2030
- 1,299,706 · +8.0%
- By 2040
- 1,488,256 · +23.6%
- By 2050
- 1,664,580 · +38.3%
- By 2075
- 2,036,072 · +69.2%
- By 2100
- 2,222,402 · +84.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.61)
- Race & ethnicity
- White 59% Black 18% Asian 12% Two or more races 8% Hispanic / Latino 7%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Romanian 3% Italian 3% Slovak 3%
- Foreign-born
- 17% · Canada, China, South Korea
- Languages at home
- 81% English-only · Other Indo-European 5% Spanish 4% Other Asian/Pacific 4%
Political lean MEDSL · Fulton
- 2024 margin
- Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
- 2008→2024 swing
- +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
- All cycles
- 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -361.92%
- Current HPI
- 238.4936
- Rent YoY
- ▼ -0.24%
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+37.4% since first listed12 events — show timeline
- 2026-06-06 Price Changed $109,900 GAMLS
- 2026-06-05 Price Changed $109,900 FMLS
- 2026-05-04 Listed $119,900 FMLS
- 2026-05-04 Listed $119,900 GAMLS
- 2021-08-16 Sold (Public Records) $134,000 Public Records
- 2021-08-10 Sold (MLS) $134,000 GAMLS
- 2021-08-10 Sold (MLS) $134,000 FMLS
- 2021-08-06 Pending — GAMLS
- 2021-08-06 Pending — FMLS
- 2021-07-19 Listed $138,500 GAMLS
- 2021-07-19 Listed $138,500 FMLS
- 2001-06-18 Sold (Public Records) $80,000 Public Records
Property tax history
+4.2%/yrLatest (2025): $2,045 · -0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…