NOT LISTED FOR SALE

1740 Formosa Ln McDonough, GA 30253

Estimated Value: $214,604 - $228,000

3 Beds
2.5 Baths
1,606 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $232,800 $145 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,467/month

22 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Formal Dining Room
  • Solid Surface Countertops
  • Breakfast Area or Nook
  • Stainless Steel Appliances

About This Home

As of August 2022

Open House on Saturday 6/25 from 1pm - 4pm & Sunday 6/26 from 2pm - 5pm. Awesome remodeled townhome in a great location, close to shopping and restaurants. No HOA, This 3 bedroom 2 1/2 bath has fresh paint, new granite countertops, new SS appliances, all new lighting throughout, new toilets, new garage doors, new plumbing fixtures, resurfaced tub/showers, exterior freshly painted, new cabinet doors & drawers, new cabinet hardware landscaping & landscape lights, Wow. This is a must see.

Last Agent to Sell the Property

Kay Fulp

BHGRE Metro Brokers License #262079 Listed on: 06/24/2022

BHGRE Metro Brokers

Last Buyer's Agent

Ayannah Charles

Charles Realty Group License #365732

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 2006 | Remodeled

Home Design

  • Slab Foundation
  • Composition Roof
  • Brick Front

Interior Spaces

  • 1,606 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Laundry in Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 1 Car Garage
  • Parking Accessed On Kitchen Level

Schools

  • Wesley Lakes Elementary School
  • Eagles Landing Middle School
  • Eagles Landing High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Patio
  • Two or More Common Walls

Community Details

Overview

  • No Home Owners Association
  • Gardens At Magnolia Subdivision

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,979

Year Built

Built in 2006 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • ArchitecturalStyle: Brick Front
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: .00
  • Property Sub-Type: Townhouse
  • Structure Type: Other
  • Total Finished Area2: 1606
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: None
  • Total Finished Sq Ft: 1606
  • Above Grade Finished Sq Ft: 1606
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Carpet, Laminate
  • Kitchen Features: Breakfast Area, Solid Surface Counters
  • Window Features: Window Treatments
  • Price Per Square Foot: 163.636

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Other
  • Foundation Details: Slab
  • Lot Features: Other
  • Patio And Porch Features: Patio
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 1

Utilities

  • Cooling: Electric, Central Air
  • Heating: Natural Gas, Central
  • Laundry Features: Laundry Closet, In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wesley Lakes
  • High School: Eagles Landing
  • High School Bus: Yes
  • Middle School: Eagles Landing
  • Middle School Bus: Yes
  • Elementary School: Wesley Lakes
  • Middle School: Eagles Landing
  • High School: Eagles Landing

Lot Info

  • Deed Book: 19013
  • Deed Page: 38
  • Plat Book: 44
  • Plat Page: 109

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1979.16

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Hpa Cl2 Llc
Bought by
Sfr 2025 2 Borrower Llc
Current Estimated Value
$220,401

Purchase Details

Closed on
Oct 21, 2022
Sold by
Sfr Acquisitions 3 Llc
Bought by
Sfr Borrower 2022 A Llc

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 17, 2022
Sold by
Jenkins Dakeerah
Bought by
Sfr Acquisitions 3 Llc
Seller's Agent
Kay Fulp
BHGRE Metro Brokers
Buyer's Agent
Ayannah Charles
Charles Realty Group
List Price
$262,800
Sold Price
$232,800
Premium/Discount to List
-$30,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.72%

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 25, 2022
Sold by
Clarke Alton
Bought by
Jenkins Dakeerah
Seller's Agent
Oliver Alexander
BHGRE Metro Brokers
Buyer's Agent
Kay Fulp
BHGRE Metro Brokers
List Price
$204,981
Sold Price
$211,000
Premium/Discount to List
$6,019
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.86%
Original Mortgage
$213,675
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2006
Sold by
Sunrise Builders Inc
Bought by
Clarke Alton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Sfr 2025 2 Borrower Llc -- --
Sfr Borrower 2022 A Llc -- --
Sfr Acquisitions 3 Llc $232,800 --
Jenkins Dakeerah $211,000 --
Clarke Alton $128,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Dakeerah $213,675
Previous Owner Clarke Alton $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $232,800 -11.4% $145 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $262,800 +24.5% $164 / Sq Ft
03/25/2022 03/25/22 Sold $211,000 +2.9% $131 / Sq Ft View Prior Sale
02/04/2022 02/04/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $204,981 -- $128 / 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 $3,589 $96,080 $7,533 $88,547
2024 $3,589 $96,080 $8,000 $88,080
2023 $3,499 $93,120 $7,729 $85,391
2022 $2,288 $71,400 $8,000 $63,400
2021 $1,783 $51,120 $8,000 $43,120
2020 $1,775 $50,480 $8,000 $42,480
2019 $1,735 $48,320 $5,200 $43,120
2018 $1,164 $33,960 $4,800 $29,160
2016 $1,021 $30,040 $4,000 $26,040
2015 $801 $24,080 $4,000 $20,080
2014 $644 $20,640 $4,000 $16,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10063871

Georgia MLS

APN: 091K-01-125-000