Excellent location, excellent condition! Beautiful two bedroom two full bath condo in the desirable Villa Sonoma at Perimeter. Open plan with large bright living room, separate dining room area or office space, good size kitchen with ample cabinets, new appliances and granite counters, washer dryer in separate hall area. Bedrooms have walk-in closets with main room having built-in closet shelves. Tile flooring in baths, plush carpeting in bedrooms and gorgeous vinyl hardwood floors throughout the main living areas. This condo comes with two parking spaces in the covered, gated parking deck. Security access to building. Wonderful, huge, built-in pool and lounge area. Fitness/gym center. On-site property management. Walking areas. Other resort-style amenities include billiards room, business center, additional laundry, book nook, mail center, pet walk area, conference room and theatre. Villa Christina restaurant, Hyatt Regency Hotel, and Savi Cafe are also located on-site at Villa Sonoma. Located in Brookhaven but walking distance from the Perimeter Mall and restaurant/entertainment district, minutes from major hospitals, grocery, shopping, MARTA, and instant access to GA-400 and I-285. Listing Approved for BorrowSmart Access Grant of $3500 for qualified borrowers.
Within the last 10 years, the HOA took out an approximate $12-14MM loan that covered updating and renovating of just about everything such as the exterior walls, painting, roof, pool, secure access system, etc. They are still updating some items like elevators. Usually these are paid for through special assessments to the owners with many condominium complexes whereas they may be charged a one time fee or annual fee to pay until the loans are paid off. In this case, the HOA chose to divide the special assessment payments over multiple years between all 321 condo owners until its paid off. That's why what normally might be $450 per month HOA fees is currently closer to $695 per month. Essentially, home owners are getting a brand new fully updated complex and community with outstanding location, access to resort-like amenities, access to on-site restaurant, hotel, and event center, plus the normal HOA perks.