NOT LISTED FOR SALE

1705 Formosa Ln McDonough, GA 30253

Estimated Value: $218,000 - $233,000

3 Beds
2.5 Baths
1,839 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $220,000 $120 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,497/month

Highlights

  • Security System Owned
  • Central Air
  • Carpet
  • Brick Front
  • 1 Car Garage
  • Heating Available

About This Home

As of October 2021

This McDonough two-story home offers a two-car garage. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Kim Klir

Mainstay Brokerage LLC License #308458 Listed on: 09/30/2021

Mainstay Brokerage LLC

Last Buyer's Agent

Christle Wright

Keller Williams Realty Chattahoochee North, LLC License #374405

Keller Williams Realty Chattahoochee North, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2006

Lot Details

  • 2,021 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,839 Sq Ft Home
  • 2-Story Property
  • Security System Owned
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wesley Lakes Elementary School
  • Union Grove Middle School
  • Union Grove High School

Utilities

  • Central Air
  • Heating Available
  • 110 Volts

Community Details

  • Gardens @ Magnolia V Subdivision

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 091K01111000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,100

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Microwave
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Square Footage: 1839.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front, Frame
  • Roof Type: Composition
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System Owned
  • Cooling: Central Air
  • Heating: Electric
  • Utilities: Electricity Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Subdivision Complex: GARDENS @ MAGNOLIA V

Schools

  • Elementary School: Wesley Lakes
  • Middle School: Union Grove
  • High School: Union Grove

Lot Info

  • Acres: 0.0464
  • Lot: 111
  • Land/Lot: 126
  • Plat Book: 44
  • Plat Page: 109
  • Lot Dimensions: x
  • Parcel Number: 091K01111000
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2100.00
  • Assessor Parcel Number: 091K01111000
  • Close Date: 2021-10-29
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wesley Lakes
  • High School: Union Grove
  • Middle School: Union Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 29, 2021
Sold by
Opendoor Property C Llc
Bought by
Montgomery Street Homes Llc
Seller's Agent
Kim Klir
Mainstay Brokerage LLC
Buyer's Agent
Christle Wright
Keller Williams Realty Chattahoochee North, LLC
List Price
$210,000
Sold Price
$220,000
Premium/Discount to List
$10,000
4.76%
Current Estimated Value
$226,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,430
Avg. Annual Appreciation
0.73%

Purchase Details

Closed on
Aug 2, 2021
Sold by
Jackson Andrea L
Bought by
Opendoor Property C Llc

Purchase Details

Closed on
Apr 11, 2007
Sold by
Sunrise Bldrs Inc
Bought by
Jackson Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,052
Interest Rate
6.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montgomery Street Homes Llc $220,000 --
Opendoor Property C Llc $162,600 --
Jackson Andrea L $136,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Andrea L $135,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $220,000 +4.8% $120 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $210,000 -- $114 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $3,563 $95,360 $8,733 $86,627
2024 $3,563 $95,360 $8,000 $87,360
2023 $3,536 $94,120 $8,000 $86,120
2022 $2,835 $73,640 $8,000 $65,640
2021 $2,118 $53,680 $8,000 $45,680
2020 $2,100 $52,960 $8,000 $44,960
2019 $2,086 $51,120 $5,200 $45,920
2018 $1,472 $35,800 $4,800 $31,000
2016 $1,334 $32,000 $4,000 $28,000
2015 $1,146 $26,280 $4,000 $22,280
2014 $967 $22,440 $4,000 $18,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6951434

First Multiple Listing Service (FMLS)

APN: 091K-01-111-000