NOT LISTED FOR SALE

1715 Formosa Ln McDonough, GA 30253

Estimated Value: $211,000 - $239,000

3 Beds
3 Baths
1,649 Sq Ft
$134/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $45,000 $27 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $1,368/month

5 Days on Market

Highlights

  • Clubhouse
  • Community Playground
  • Dining Room
  • Great Room
  • Property is near shops

About This Home

As of August 2012

HUD HOME SOLD AS IS - ALL INFO DEEMED RELIABLE - NOT GUARANTEED - UP TO 3% COMM TO SELLING BRKR - INSURED FOR FHA LOANS - FOR INFO ON CASE # 105-304518 - GO TO

Last Agent to Sell the Property

Brian Sanfilippo

Linda Youmans Realty Inc License #337263 Listed on: 07/26/2012

Last Buyer's Agent

Glenda Broker

Non-Mls Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,408

Year Built

  • 2006

Lot Details

  • 2,004

Home Design

  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,649 Sq Ft Home
  • Great Room
  • Dining Room
  • Fire and Smoke Detector
  • Washer

Schools

  • Wesley Lakes / Henry / Henry County Elementary School
  • Eagles Landing / Henry / Henry County Middle School
  • Eagles Landing / Henry / Henry County High School

Additional Features

  • Property is near shops
  • Underground Utilities

Community Details

Recreation

  • Community Playground

Additional Features

  • Property has a Home Owners Association
  • Clubhouse

Property Details

Home Type

Other

Est. Annual Taxes

$2,408

Year Built

2006

Lot Details

0

Listing Details

  • Special Features: NewHome
  • Year Built: 2006

Interior Features

  • Basement: Slab/None
  • Equipment: Smoke/Fire Alarm, Washer
  • Interior Amenities: Entrance Foyer
  • Laundry Location: Hall
  • Laundry Type: Closet
  • Total Finished Sq Ft: 1649
  • Kitchen / Breakfast: Breakfast Bar, Pantry

Exterior Features

  • Construction: Brick 4 Sided, Concrete Siding
  • Exterior Features: Deck/Patio
  • Roof Type: Composition

Garage/Parking

  • Parking: 1 Car, Attached, Garage, Side/Rear Entrance

Utilities

  • Cooling: Central
  • Heating: Central
  • Energy Features: Ceiling Insulation
  • Water/Sewer: Public Water, Sewer Connected

Association/Amenities

  • Amenities: Clubhouse, Neighborhood Association, Playground, Sidewalks, Street Lights, Underground Utilities, Walk To Shopping

Condo/Co-op/Association

  • Fees Include: Exterior Maintenance, Pest Control/Termite, Reserve Fund

Schools

  • Elementary School: Wesley Lakes / Henry / Henry County, GA
  • Elementary Bus Line: Yes
  • High School: Eagles Landing / Henry / Henry County, GA
  • High School Bus: Yes
  • Middle School: Eagles Landing / Henry / Henry County, GA
  • Middle School Bus: Yes

Lot Info

  • Lot Size: Less than 1/3 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Aug 31, 2012
Sold by
Secretary Of Housing And U
Bought by
Gibson Kantrell
Seller's Agent
Brian Sanfilippo
Linda Youmans Realty Inc
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$220,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,149
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Feb 7, 2012
Sold by
Bank Of America Na
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
May 30, 2007
Sold by
Sunrise Bldrs Inc
Bought by
Valle Sergio D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,361
Interest Rate
6.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Gibson Kantrell $45,000 --
Secretary Of Housing And Urban $155,524 --
Bank Of America Na $155,524 --
Valle Sergio D $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valle Sergio D $135,361
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $45,000 0.0% $27 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $45,000 -- $27 / Sq Ft
Source: Georgia MLS

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 $2,408 $90,600 $12,000 $78,600
2024 $2,408 $94,360 $8,000 $86,360
2023 $2,095 $93,880 $8,000 $85,880
2022 $2,015 $73,040 $8,000 $65,040
2021 $1,510 $52,880 $8,000 $44,880
2020 $1,500 $52,160 $8,000 $44,160
2019 $1,458 $50,360 $5,200 $45,160
2018 $552 $35,280 $4,800 $30,480
2016 $964 $31,560 $4,000 $27,560
2015 $824 $25,920 $4,000 $21,920
2014 $945 $21,920 $4,000 $17,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 03263152

Georgia MLS

APN: 091K-01-112-000