2009 Highlights – Atlanta Fine Homes Sotheby’s International Realty

Descante, 3650 Tuxedo Road ~ Most expensive home ever sold in Atlanta

As we begin to look back on an “interesting” year in Atlanta’s real estate history, a few significant events surface regarding the role of Atlanta Fine Homes Sotheby’s International Realty in the residential real estate market in Atlanta in 2009 (as of December 15, 2009).

• We participated in 60% of the ten highest priced residential closed sales in metro Atlanta
• Our market share of listings has grown by over 60%
• Our closed sales are up YTD by 16%, while the market as a whole is down over 20%
• Opened an office in the North Atlanta area
• Recruited 60 agents
• Sold the most expensive single family home ever sold in Atlanta, listed at $16.9 million
• Sold the most expensive condominium in Atlanta’s recent history, listed at $9.5 million
• Sold the most expensive lot in 2009 listed at $2.9 million
• Sold the most expensive new construction single family home in 2009 listed at $4.75 million (at 100% of list price)

Congratulations to our unmatched team of REALTORS® at Atlanta Fine Homes Sotheby’s International Realty, and to our SkyRise Group, who manages luxury high rise condominiums.  We also thank the co-op agent community for bringing these important deals together.

Updated: Significant Sales in Atlanta 2009

To update our original post of Significant Sales in Atlanta in 2009, we have several homes to add that had an original list price of over $3 million.

27 Brady Lane was sold in October 2009 with an original list price of $5,995,000.  The listing agent was Carrie Faletti. The home is located on Lake Burton.

3200 Ridgewood Road

3200 Ridgewood Road was sold in November 2009 with an original list price of $6,200,000.  The listing agent was Studie Young of Harry Norman, REALTORS.  The agent representing the buyer was B.P. Pope of ReMax. The home is located in Buckhead.

3450 Woodhaven Road

3540 Woodhaven Road was sold in October 2009 with an original list price of $3,500,000.  The listing agent was Carol Young of Harry Norman, REALTORS.   The home is located in Buckhead.

2920 Habersham Way

2920 Habersham Way was sold in November 2009 with an original list price of $4,350,000.  The listing agent was JoEllen Bradley of Beacham and Co.  The agent representing the buyer was Betsy Akers of Atlanta Fine Homes Sotheby’s International Realty. The home is located in Buckhead.

 

4300 Harris Trail

4300 Harris Trail  was sold in November 2009 with an original list price of $7,685,000.  The listing agent was Wendy Zoller of of Atlanta Fine Homes Sotheby’s International Realty.  The agent representing the buyer was Chuck Wood of Atlanta Fine Homes Sotheby’s International Realty. The home is located in Buckhead. 

Significant Sales in 2009 – Condos/Lofts/Townhomes

In a new blog category called “Significant Sales”, we will celebrate the important transactions in Atlanta residential real estate.

Homes featured in this section will be single family homes sold for more than $3 million or condo/loft/townhomes that have sold over $1 million. These sales will cover the entire Atlanta market, including those sold by agents who are not with our company.

In an effort to “catch up”, we are listing the condos in Atlanta that have sold for more than $1 million since the first of the year. Homes are listed below in descending order by sales price. The information is collected from FMLS.

Click here to see our related post on single family homes that have sold in 2009 over $3 million.

The Mansion on Peachtree

The Mansion on Peachtree in Buckhead sold its penthouse residence in June 2009, with an original list price of over $10 million. Representing the seller is Atlanta Fine Homes Sotheby’s Realty SkyRise Group and Paul Donahue and Suzanne Dils. Representing the buyer was Bridget Rigdon of Coldwell Banker. This sale is believed to be the most expensive sale in the past four or five years.

Luxe in Atlanta's Midtown

Luxe in Midtown sold its penthouse unit in July 2009, with an original list price of $ 1,549,900. Representing the seller is The Marketing Directors and Dan Dought and Michelle Wing. Representing the buyer was Adam Ellis of Harry Norman, REALTORS.

The Astoria in the Peachtree Battle area of Buckhead

The Astoria in the Peachtree Battle area of Buckhead sold a three bedroom residence in March 2009, with an original list price of $ 1,299,900. Representing the buyer was Debbie Sonenshine of Coldwell Banker. Representing the buyer were Robin Tiechert and Jane Thompson of Harry Norman, REALTORS.

Above the Four Seasons in Atlanta's Midtown

On Fourteenth Street in Midtown, a home above the Four Seasons Hotel sold in April, 2009 with an original list price of $1,295,000. Representing the seller was Joanne Mathis of ReMax. The buyer was represented by Dale Arnold of Metro Brokers/GMAC. On this list, this is the only residence that was a resale; the others were new construction. The Mansion on Peachtree was sold as a shell.

 

Although not posted to FMLS, Sovereign in Buckhead has also sold two homes over $1 million in 2009.  Atlanta Fine Homes Sotheby’s International Realty represents Sovereign with Kevin McBride and Burma Weller on site.

Significant Sales in Atlanta 2009

In a new blog category called “Significant Sales”, we are going to celebrate the important transactions in Atlanta residential real estate.  Homes featured in this section will be single family homes sold for more than $3 million or condo/loft/townhomes that have sold over $1 million.  These sales will cover the entire Atlanta market, including those sold by agents who are not with our company. 

 

In an effort to “catch up”, we are listing the single-family homes in Atlanta that have sold for more than $3 million since the first of the year.   Homes are listed below in descending order by sales price.

 

Please click here to see our related post on Significant Sales over $1 million in the Atlanta condo market.

 

 

Descante in Buckhead on Tuxedo Road

This is the most expensive recorded sale in the history of Atlanta residential real estate (as per First Multiple Listing Service). This grand European estate is located at 3650 Tuxedo Road in Atlanta’s upscale area of Buckhead.  The home was listed at $16,900,000 and the seller was represented by Glennis Beacham.  Atlanta Fine Homes Sotheby’s International Realty real estate agent Betsy Akers of the Vawter Group represented the buyer in this transaction. 

 

70 Valley Road, Buckhead

 70 Valley Road in Buckhead was sold in June of 2009 with an original list price of $7,000,000.  The listing agent in this transaction was Glennis Beacham and the agent representing the buyer was  Comer Jennings of Harry Norman, REALTORS.

 

 

3435 Woodhaven Road in Buckhead

 

 

3435 Woodhaven Road in Tuxedo Park was sold in June 2009 with an original list price of $5,900,000.  The listing agent and selling in this transaction was Carol Young of Harry Norman, REALTORS.

 

 

200 Londonberry Road

200 Londonberry was sold in May 2009 with an original list price of $4,500,000.  The listing agent was Ursula Henry of Harry Norman, REALTORS.  The agent representing the buyer was Carter Bell of Carter Bell Properties.

 

320 West Paces Ferry in Buckhead, A Philip Shutze design

320 West Paces Ferry in Buckhead, in Buckhead (also known as the Southern Center for International Studies) was sold in June 2009 with an original list price of $5,495,000.  The listing agent was Wendy Zoller of Atlanta Fine Homes Sotheby’s International Realty and selling in this transaction was John Woodham of Woodham and Associates. 

 

3474 Nancy Creek Road in Buckhead was sold in March 2009 with an original list price of $4,995,000.  The listing agent was Patti Junger of Coldwell Banker and the agents representing the buyers were the Heery Brothers of Atlanta Fine Homes Sotheby’s International Realty. 

 

4870 Northside Drive

4870 Northside Drive was sold in July 2009 with an original list price of $4,750,000.  The listing agents were Charles Gerrick and Debbie Pille of Atlanta Fine Homes Sotheby’s International Realty.  The agent representing the buyer was Shiwana Reed of Allure Realty Group.

 

4380 Harris Trail in Buckhead

4380 Harris Trail was sold in June 2009 with an original list price of $4,4450,000.  The listing agent was Glennis Beacham.  The agent representing the buyer was Toni Itkin of Coldwell Banker.

 

4781 Northside Drive was sold in January 2009 with an original list price of $3,695,000.  The listing agent was David Hutchins of ReMax Greater Atlanta.  The agent representing the buyer was Diana Schilling of Harry Norman, REALTORS.

 

4440 Northside Drive

4440 Northside Drive was sold in September 2009 with an original list price of $4,000,000.  The listing agent was Marcia Weinhoff of Harry Norman, REALTORS.  The agent representing the buyer was Jan Brownfield of Coldwell Banker. 

 

174 Peachtree Battle

174 Peachtree Battle Avenue was sold in April 2009 with an original list price of $3,795,000.  The listing agent was Clay Willcoxon of Coldwell Banker.  The agent representing the buyer was Linda Williams of Beacham & Co.