NOT LISTED FOR SALE

1805 Formosa Ln McDonough, GA 30253

Estimated Value: $225,395 - $254,000

3 Beds
2.5 Baths
-- Sq Ft
0.5 Acres

Highlights

  • Clubhouse
  • Formal Dining Room
  • Eat-In Kitchen
  • Deck
  • 1 Car Attached Garage
  • Patio

About This Home

As of March 2016

MARKETED EXCLUSIVELY BY ELITE - 3BR/2.5BA TOWNHOME OPEN FLOOR PLAN W/CORNER FIREPLACE IN LIVING ROOM. ALL
APPLIANCES STAINLESS STEEL. VAULTED CEILING KITCHEN OVERLOOKS DINING AREA ATTACHED GARAGE, MASTER W/ GARDEN
TUB & WALK-IN CLOSET.

Last Agent to Rent the Property

Calvin Gleaton

Gleaton & Associates, Inc. Listed on: 02/10/2016

Gleaton & Associates, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 2007

Lot Details

  • 0.5

Parking

  • 1 Car Attached Garage
  • Side Facing Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Additional Features

  • No Common Walls
  • Property is near schools
  • Underground Utilities

Listing and Financial Details

  • 12 Month Lease Term
  • $60 Application Fee
  • Assessor Parcel Number 091K01116000

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • Gardens At Magnolia Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,537

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Pest Control, Security, Telephone, Trash Collection, Water
  • Credit Report Required: Yes
  • Lease Term: 12 Months
  • Per Adult Dollar: 60.00
  • Per Family Dollar: 100.00
  • Pets Allowed: Call
  • Application Fee Per Adult: Yes
  • Application Fee Per Family: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Architectural Style: Townhouse
  • Year Built: 2007
  • Levels Stories: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Property Details

  • Property: Residential Lease

Interior Features

  • Fireplace Features: Living Room
  • Number Of Fireplaces: 1
  • Interior Amenities: Entrance Foyer
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, Pantry
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Carport or Garage: 1
  • Number of Garage Spaces: 1
  • Parking Features: Attached, Garage, Garage Faces Side

Utilities

  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Clubhouse, Homeowners Assoc, Near Schools, Playground, Sidewalks, Street Lights
  • Management: Professionally Managed
  • Subdivision Complex: GARDENS AT MAGNOLIA

Schools

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

Lot Info

  • Acres: 0.5000
  • Land/Lot: 127
  • Section G M D: 00
  • Lot Features: Level
  • Lot Dimensions: 00
  • Parcel Number: 091K01116000
  • Property Attached Yn: No

Tax Info

  • Assessor Parcel Number: 091K01116000
  • Close Date: 2016-03-07

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Johnson Millard
Bought by
Pierre Jerome Stephan
Current Estimated Value
$237,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Outstanding Balance
$227,735
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$13,165

Purchase Details

Closed on
Mar 23, 2020
Sold by
Johnson Millard
Bought by
Johnson Millard and Fields Shanelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2007
Sold by
Sunrise Bldrs Inc
Bought by
Simmons Duane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,032
Interest Rate
6.65%
Mortgage Type
New Conventional
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
Pierre Jerome Stephan $240,000 --
Johnson Millard -- --
Johnson Millard $128,000 --
Simmons Duane K $126,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Jerome Stephan $235,653
Previous Owner Johnson Millard $160,000
Previous Owner Johnson Millard $121,600
Previous Owner Simmons Duane K $120,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Rented $940 0.0% --
02/11/2016 02/11/16 For Rent $940 -- --
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
2024 $3,537 $94,160 $8,000 $86,160
2023 $3,518 $93,640 $8,000 $85,640
2022 $2,803 $72,800 $8,000 $64,800
2021 $2,022 $51,200 $7,782 $43,418
2020 $2,066 $52,080 $8,000 $44,080
2019 $2,053 $50,280 $5,200 $45,080
2018 $1,450 $35,240 $4,800 $30,440
2016 $1,313 $31,480 $4,000 $27,480
2015 $1,129 $25,880 $4,000 $21,880
2014 $944 $21,880 $4,000 $17,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5645986

First Multiple Listing Service (FMLS)

APN: 091K-01-116-000