Estimated payment $683/month
Calling All Investors! Fix & Flip Goldmine in Thomasville Heights. Major price reduction! Priced to sell and offered As-Is. This four-sided brick with unfinished partial basement beauty sits on nearly half an acre of LEVEL, clear buildable land. A rare gem inside the city limits. Incredible opportunity tucked into a quiet, established neighborhood in the heart of Atlanta. Seller added one bedroom and one full bath addition, (in tax records it is a 3/1) also has partial unfinished basement, and newer HVAC and water heater, the bones are solid and the potential is sky-high. Zoned R-4, there's even the possibility of adding a 1-bedroom ADU out back for extra rental income. Driveways on BOTH sides of the property. An investors dream. Located just 7 miles from Hartsfield-Jackson Airport and minutes to Lakewood Amphitheatre, this property offers prime access to major Atlanta attractions. Bring your vision and your toolbox to this fixer upper is being sold as-is, but the upside? Limitless Big lot. Brick shell. Bold opportunity. Don't miss this one. Agents please see private remarks for offer info.
| 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 | $291 | $63,400 | $24,000 | $39,400 |
| 2023 | $291 | $88,560 | $47,600 | $40,960 |
| 2022 | $13 | $58,800 | $17,240 | $41,560 |
| 2021 | $13 | $43,800 | $9,000 | $34,800 |
| 2020 | $13 | $32,040 | $6,120 | $25,920 |
| 2019 | $353 | $26,120 | $6,000 | $20,120 |
| 2018 | $13 | $12,520 | $2,600 | $9,920 |
| 2017 | $309 | $7,160 | $2,480 | $4,680 |
| 2016 | $310 | $7,160 | $2,480 | $4,680 |
| 2015 | $799 | $7,160 | $2,480 | $4,680 |
| 2014 | $325 | $7,160 | $2,480 | $4,680 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | For Sale | $119,000 | -- | $121 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $70,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $44,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $41,400 | Stand Alone Second | |
| Previous Owner | $55,400 | New Conventional | |
| Previous Owner | $41,800 | No Value Available | |
| Closed | $2,200 | No Value Available |
$130,000
Back on the Market again! 592 Formwalt St. is a fixer or really a tear down. Its zoned for 2 lots - 25' wide each The Zoning is SPI-18, similar to R-5, it allows the property to be rebuilt as 2 connected homes, each of which can be conveyed, sold, separately as 2 fee simple townhomes. See similar projects across the street (591 and 593) and on Eugenia street. Complete Survey and Architectural
Tom Atkinson Keller Knapp
$150,000
*Seller has $260k ARV appraisal in hand from when he purchased the home in January - available upon request and uploaded to MLS* Investor Special – Prime Fixer-Upper Opportunity with Major Potential! This is your chance to grab a value-packed property with permits, architectural plans, and an ARV appraisal already in hand. Whether you're planning a full renovation or a simple refresh, this home
Lily Stevens RE/MAX Around Atlanta
$95,000
Discover luxury living in this stunning 3-bedroom, 2.5-bathroom home nestled in the heart of Atlanta's Kirkwood Neighborhood. Recently renovated with over 2400 sq ft. Offers unparalleled elegance and modern comfort in one of the city's most desirable neighborhoods. Key Features: Spacious Open Floor Plan: This home boasts an open floor plan with high ceilings and an abundance of windows, flooding
Kimberly Hollins H.O.M.E. By C&C, LLC
$149,900
Great oportunity on this Mixed Use property. Zoned commercial for doctors office, daycare, insurance, tax accounting, or rent out rooms for business multi - use. Electricity & Water service are On property is vacant on a lock box.
Freddy Pena Epique Realty
$154,900
Welcome to this three bedroom ranch located in an established neighborhood with a lovely covered front porch great for relaxing and entertaining guests. The kitchen is equipped with modern appliances and ample cabinetry & countertops for space and food prep. The sunny dining area is right outside the kitchen with sliding glass doors that open up into the backyard. It features a spacious family
Ben Herring eXp Realty
$139,900
Charming 3-Bedroom Ranch Just Minutes from Hamilton Holmes MARTA Opportunity knocks with this classic 3-bedroom, 1-bath ranch located just a half mile from the Hamilton Holmes MARTA station. Whether you're a savvy investor or a first-time buyer looking to create your dream home, this property is full of potential and ready for your personal touch. Situated on a crawl space, this single-level
William Braswell Bryant Realty Inc
$119,000
Calling All Investors! Fix & Flip Goldmine in Thomasville Heights. Major price reduction! Priced to sell and offered As-Is. This four-sided brick with unfinished partial basement beauty sits on nearly half an acre of LEVEL, clear buildable land. A rare gem inside the city limits. Incredible opportunity tucked into a quiet, established neighborhood in the heart of Atlanta. Seller added one
Raquel Kimball Epique Realty
$150,000
Unlock the potential of this charming vintage bungalow, ideally located just minutes from Grant Park, East Atlanta, the Atlanta Beltline, local parks, shopping, and some of the city's best restaurants. Bring your contractor and designer to envision how this home can be completed and transformed into a true showstopper. Step onto the inviting front porch and into a spacious family room filled
Kris Kolarich Southern Classic Realtors
Source: Georgia MLS
MLS Number: 10566396
APN: 14-0007-0005-048-8
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