Back on the Market again! 592 Formwalt St. is a fixer or really a tear down. Its zoned for 2 lots - 25' wide each The Zoning is SPI-18, similar to R-5, it allows the property to be rebuilt as 2 connected homes, each of which can be conveyed, sold, separately as 2 fee simple townhomes. See similar projects across the street (591 and 593) and on Eugenia street. Complete Survey and Architectural
*Seller has $260k ARV appraisal in hand from when he purchased the home in January - available upon request and uploaded to MLS* Investor Special – Prime Fixer-Upper Opportunity with Major Potential! This is your chance to grab a value-packed property with permits, architectural plans, and an ARV appraisal already in hand. Whether you're planning a full renovation or a simple refresh, this home
DO NOT MISS OUT ON THIS AMAZING INVESTORS OPPORTUNITY!!! 4 sided BRICK! Completely gutted and ready for a blank slate!!!! BRAND NEW A/c air ducts already installed and BRAND NEW A/C ! Electrical work and panel box are all brand new!! Sheetrock, paint and other materials are included to finish the project!!! Do not MISS OUT , 5 min distance from world renowned HARTSFIELD JACKSON AIRPORT, 15 min
Mayra SenquizYour Home Sold Guaranteed Realty Crown Group
Great oportunity on this Mixed Use property. Zoned commercial for doctors office, daycare, insurance, tax accounting, or rent out rooms for business multi - use. Electricity & Water service are On property is vacant on a lock box.
Welcome to this three bedroom ranch located in an established neighborhood with a lovely covered front porch great for relaxing and entertaining guests. The kitchen is equipped with modern appliances and ample cabinetry & countertops for space and food prep. The sunny dining area is right outside the kitchen with sliding glass doors that open up into the backyard. It features a spacious family
Deal Alert: Compelling Opportunity for a Complete Remodel or Tear Down or Buy & Hold Rental in one of Atlanta's Hottest Neighborhoods, Lakewood Heights. New construction and remodeled homes here are selling north of six-hundred-thousand, and rents are soaring above twenty-three-hundred per month. Premiere location nearby the BeltLine SE Trail, Lakewood Amphitheater, the Atlanta Zoo and Grant
Discover a remarkable opportunity in the desirable neighborhood of Lakewood Heights! This property is primed for transformation, as it currently features a teardown home, allowing you to create your dream residence from the ground up. The seller has thoughtfully prepared plans that are available upon request, ensuring a seamless transition into your new project. Located just minutes from the
Attention investors and developers! Check this out: a package deal of three lots totaling .42 acres, including two duplexes and one single-family home. Each lot is priced individually to simplify your investment decision.Seller is looking to sell all three properties at the same time. The properties are located at: * 1644 Lakewood Ave. SE, 30315 (Duplex) * 1640 Lakewood Ave. SE, 30315 (Duplex) *
CALLING ALL INVESTORS! A great investment opportunity awaits. Close to shops and schools. Convenient location just minutes away to Grant Park, The Beacon, The Beltline, The Westside, Downtown South Atlanta, and the Hwy! Great Potential in a Prime Location!
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ICE
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First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Type
Sale Price
Title Company
Warranty Deed
--
--
Warranty Deed
$120,000
--
Quit Claim Deed
--
--
Warranty Deed
$147,500
--
Deed
$56,000
--
Quit Claim Deed
--
--
Deed
--
--
Foreclosure Deed
$188,178
--
Deed
$142,800
--
Foreclosure Deed
$63,751
--
Deed
$132,000
--
Deed
$85,000
--
Deed
$44,000
--
Foreclosure Deed
$63,900
--
Deed
$74,000
--
Deed
--
--
Deed
$21,500
--
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$205,545
New Conventional
Previous Owner
$145,967
New Conventional
Previous Owner
$150,000
Stand Alone Second
Previous Owner
$20,000
Stand Alone Second
Previous Owner
$152,000
Stand Alone Second
Previous Owner
$117,000
New Conventional
Previous Owner
$98,100
New Conventional
Previous Owner
$180,300
New Conventional
Previous Owner
$112,200
New Conventional
Previous Owner
$72,250
Stand Alone Refi Refinance Of Original Loan
Previous Owner
$63,750
New Conventional
Previous Owner
$51,500
No Value Available
Previous Owner
$66,600
No Value Available
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
01/16/202501/16/25
Rented
$2,500
0.0%
--
01/10/202501/10/25
Under Contract
--
--
--
01/06/202501/06/25
For Rent
$2,500
0.0%
--
02/02/202402/02/24
Sold
$120,000
+9.1%
$83 / Sq Ft
01/23/202401/23/24
Pending
--
--
--
01/18/202401/18/24
For Sale
$110,000
--
$76 / Sq Ft
Source: Georgia MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 116 Adair Ave SE, Atlanta, GA 30315 and is currently priced at $120,000, approximately $82 per square foot. This property was built in 1930. 116 Adair Ave SE is a home located in Fulton County with nearby schools including Slater Elementary School, Price Middle School, and Carver High School.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.