Fully cleared and ready for renovations! Great Residential opportunity in the busy city of Atlanta with this 2 bedroom 1 bathroom home that consists of 1,032 interior sqft and sits on a land lot that totals 17,424 sqft. Front of house features wooden stairs leading to front entrance. Home in need of TLC to be fully realized. Property is located near numerous amenities including: Located in-between I-20, I-285, as well as I-75 for excellent travel convenience and options, Gas stations, Schools, Convenience stores, Local businesses, Day cares, Auto repairs, Fast food, Parks, and more!
Home Type
Est. Annual Taxes
Year Built
Parking
Home Design
Interior Spaces
Bedrooms and Bathrooms
Schools
Utilities
Additional Features
Community Details
Listing and Financial Details
$130,000
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
Tom Atkinson Keller Knapp
$150,000
*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
Lily Stevens RE/MAX Around Atlanta
$149,900
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.
Freddy Pena Epique Realty
$154,900
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
Ben Herring eXp Realty
$105,000
Investors, builders, and visionaries — don’t miss this opportunity. This 3-bedroom, 1-bath ranch on a level lot in one of DeKalb’s fastest-growing neighborhoods. Featuring a true ranch layout, crawl space foundation, and a private owner’s suite, the home is the perfect canvas for a high-return transformation. Just 5 miles from the Atlanta BeltLine and steps from Gresham Park’s gym, pool, and
David Pace The Real Estate Office, Inc.
$114,000
Just south of East Atlanta, this one story Starlight Heights home delivers strong investment returns and would be a solid addition to your property portfolio. Sitting on nearly an acre of land, savvy investors can explore adding additional square footage, building an ADU, or converting the detached 2 car garage. Located just minutes from all the shops, bars and restaurants in The East Atlanta
David Garrison Bolst, Inc.
$119,000
Calling All Investors! Fix & Flip Goldmine in Thomasville Heights. Major price reduction! Priced to sell and offered As-Is. This four-sided brick with unfinished partial basement beauty sits on nearly half an acre of LEVEL, clear buildable land. A rare gem inside the city limits. Incredible opportunity tucked into a quiet, established neighborhood in the heart of Atlanta. Seller added one
Raquel Kimball Epique Realty
$155,000
Cozy 3-bedroom, 1-bath ranch just minutes from downtown and the airport! This fantastic home boast beautiful hardwood floors throughout and a spacious backyard- perfect for relaxing. If you're an investor looking for passive income or a first-time homebuyer, this property offers so much potential in a prime location
Mark Spain Mark Spain Real Estate
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $260,000 | -- | |
| Warranty Deed | $130,000 | -- | |
| Warranty Deed | $129,500 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $3,300 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $234,000 | New Conventional | |
| Previous Owner | $161,000 | Mortgage Modification | |
| Previous Owner | $135,000 | New Conventional | |
| Previous Owner | $20,000 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $280,000 | +10.2% | $246 / Sq Ft |
| 06/26/2023 06/26/23 | For Sale | $254,000 | -2.3% | $246 / Sq Ft |
| 06/23/2023 06/23/23 | Sold | $260,000 | 0.0% | $252 / Sq Ft |
| 06/05/2023 06/05/23 | Off Market | $260,000 | -- | -- |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 06/05/2023 06/05/23 | For Sale | $254,000 | -2.3% | $246 / Sq Ft |
| 06/02/2023 06/02/23 | Off Market | $260,000 | -- | -- |
| 05/29/2023 05/29/23 | For Sale | $254,000 | -2.3% | $246 / Sq Ft |
| 05/26/2023 05/26/23 | Off Market | $260,000 | -- | -- |
| 05/24/2023 05/24/23 | For Sale | $254,000 | 0.0% | $246 / Sq Ft |
| 05/08/2023 05/08/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | Price Changed | $254,000 | -2.3% | $246 / Sq Ft |
| 05/01/2023 05/01/23 | For Sale | $260,000 | +100.0% | $252 / Sq Ft |
| 09/29/2022 09/29/22 | Sold | $130,000 | -3.0% | $126 / Sq Ft |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | Price Changed | $134,000 | +3.1% | $130 / Sq Ft |
| 09/15/2022 09/15/22 | Price Changed | $130,000 | 0.0% | $126 / Sq Ft |
| 09/15/2022 09/15/22 | For Sale | $130,000 | 0.0% | $126 / Sq Ft |
| 09/14/2022 09/14/22 | Off Market | $130,000 | -- | -- |
| 09/03/2022 09/03/22 | Price Changed | $134,000 | -3.6% | $130 / Sq Ft |
| 08/25/2022 08/25/22 | For Sale | $139,000 | -- | $135 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax 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. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,999 | $52,000 | $17,720 | $34,280 |
| 2022 | $2,655 | $52,640 | $19,240 | $33,400 |
| 2021 | $1,688 | $30,600 | $4,400 | $26,200 |
| 2020 | $1,483 | $25,920 | $4,400 | $21,520 |
| 2019 | $1,340 | $22,680 | $4,760 | $17,920 |
| 2018 | $1,194 | $18,200 | $4,760 | $13,440 |
| 2017 | $910 | $10,360 | $1,360 | $9,000 |
| 2016 | $1,312 | $21,880 | $1,360 | $20,520 |
| 2014 | $604 | $5,720 | $1,640 | $4,080 |
R
Seller's Agent in 2025
Rosendo Carrillo
Ansley RE|Christie's Int'l RE
(770) 733-4509
34 Total Sales
Seller's Agent in 2023
Nikhil Sharma
TOP Brokerage, LLC
(770) 355-8889
13 in this area
608 Total Sales
Buyer's Agent in 2023
Candice King
Connections Realty Group Inc
(404) 217-5571
2 in this area
71 Total Sales
Buyer's Agent in 2022
Simone Sinyan
ERA Foster & Bond
(404) 874-9094
1 in this area
15 Total Sales
Source: Georgia MLS
MLS Number: 10085217
APN: 15-081-11-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.