NOT LISTED FOR SALE

1805 Formosa Ln McDonough, GA 30253

Estimated Value: $218,000 - $239,000

3 Beds
2.5 Baths
1,772 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $240,000 $135 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,485/month

2 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Garage
  • 1 Fireplace
  • Central Heating and Cooling System
  • Family Room

About This Home

As of September 2022

Don't miss this 3 bedroom, 2.5 bath townhouse in McDonough. Great end unit with a 1-car garage and NO HOA! Carpet has been replaced and fresh paint. Eagles Landing schools! Great location just minutes from downtown McDonough, shopping, restaurants, and easy access to I-75. Ask how you can receive up to $500 credit by using one of our preferred lenders. Exclusions may apply.

Last Agent to Sell the Property

Jaime Rodriguez

Watkins Real Estate Associates License #387341 Listed on: 08/31/2022

Watkins Real Estate Associates

Co-Listed By

Isaac Habib

Watkins Real Estate Associates License #420644

Last Buyer's Agent

Kathy Marchand

Hometown Realty License #300295

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 2006

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Carpet
  • Dishwasher
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Side or Rear Entrance to Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gardens At Magnolia Village Subdivision

Listing and Financial Details

  • Tax Lot 116

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,982

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • ArchitecturalStyle: Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: WTKN01
  • Financing Type: FHA
  • Levels: Two
  • Lot Size Acres: .05
  • Property Sub-Type: Townhouse
  • Structure Type: House
  • Total Finished Area2: 1772
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Bedrooms: 3
  • Basement: None
  • Total Finished Sq Ft: 1772
  • Above Grade Finished Sq Ft: 1772
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Price Per Square Foot: 135.44

Beds/Baths

  • Upper Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • Lot Features: None
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, Side/Rear Entrance

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

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

  • Lot: 116
  • Deed Book: 19077
  • Deed Page: 190

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1982.26

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Sep 28, 2022
Sold by
Johnson Millard
Bought by
Pierre Jerome Stephan
Seller's Agent
Jaime Rodriguez
Watkins Real Estate Associates
Buyer's Agent
Kathy Marchand
Hometown Realty
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%
Views
42
Current Estimated Value
$226,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,330
Avg. Annual Appreciation
-1.86%
Original Mortgage
$235,653
Outstanding Balance
$226,011
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$659

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 $121,600
Previous Owner Simmons Duane K $120,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $240,000 +0.4% $135 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $239,000 0.0% $135 / Sq Ft
12/22/2016 12/22/16 Rented $990 0.0% --
12/02/2016 12/02/16 For Rent $990 +10.0% --
03/05/2013 03/05/13 Rented $900 0.0% --
03/05/2013 03/05/13 For Rent $900 0.0% --
02/05/2013 02/05/13 Rented $900 0.0% --
02/05/2013 02/05/13 For Rent $900 0.0% --
06/05/2012 06/05/12 Rented $900 0.0% --
05/06/2012 05/06/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $900 0.0% --
01/11/2012 01/11/12 Rented $900 0.0% --
01/11/2012 01/11/12 For Rent $900 -- --
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 $3,413 $91,320 $12,000 $79,320
2024 $3,413 $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

  • Jaime Rodriguez

    Seller's Agent in 2022

    Jaime Rodriguez

    Watkins Real Estate Associates

    (770) 685-5767

    11 in this area

    66 Total Sales

    Jaime Rodriguez
    Section Image

  • I

    Seller Co-Listing Agent in 2022

    Isaac Habib

    Watkins Real Estate Associates

    Section Image

  • K

    Buyer's Agent in 2022

    Kathy Marchand

    Hometown Realty

    (770) 283-4023

    10 in this area

    20 Total Sales

    Kathy Marchand
    Section Image

  • C

    Seller's Agent in 2016

    Calvin Gleaton

    Gleaton & Associates, Inc.

    Section Image
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Map

Source: Georgia MLS

MLS Number: 20070207

Georgia MLS

APN: 091K-01-116-000

Georgia Henry County Mcdonough 30253

1805 Formosa Ln, Mcdonough, GA

This home is located at 1805 Formosa Ln, McDonough, GA 30253 since 31 August 2022 and is currently estimated at $226,670, approximately $127 per square foot. This property was built in 2006. 1805 Formosa Ln is a home located in Henry County with nearby schools including Wesley Lakes Elementary School, Eagle's Landing Middle School, and Eagle's Landing High School.

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