NOT LISTED FOR SALE

542 Formwalt St SW Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $400,000 - $479,000

3 Beds
2 Baths
2,000 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $399,900 $200 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,660/month

27 Days on Market

Highlights

  • Open-Concept Dining Room
  • 0.26 Acre Lot
  • Wood Flooring
  • City View
  • Craftsman Architecture
  • Bonus Room

About This Home

As of April 2022

Welcome home to this quaint 3 bedroom/2 bathroom traditional style home nestled in the city of Atlanta. Did we mention? No HOA! Step inside to the open living and kitchen space with gleaming hardwood floors throughout and tons of natural light. The kitchen boasts beautiful wood cabinetry, stainless steel appliances, and a view to the family room. Master bedroom boasts a walk-in closet and ensuite master bathroom. Additional bedrooms also feature closet space and an additional bathroom. The basement has a kitchenette and not one but TWO bonus rooms - what more could you ask for?! Outside you will find a wrap around deck perfect for enjoying the outdoors. Attached 2-car garage. Conveniently located close to I-85, Downtown Atlanta, Georgia State University. This home could also make a great rental property. Don’t miss out on this opportunity!

Last Agent to Sell the Property

Bell Real Estate Group

Keller Williams Realty Atlanta Partners Listed on: 02/17/2022

Keller Williams Realty Atlanta Partners

Co-Listed By

Adisa Ahmetspahic

Heartland Real Estate, LLC License #389902

Last Buyer's Agent

Dongdong Fang Lopez

Home 4U Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Private Entrance
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Private Rear Entry
  • Open-Concept Dining Room
  • Bonus Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access
  • Exterior Basement Entry
  • Finished Basement Bathroom
  • Laundry in Basement
  • Stubbed For A Bathroom

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Doors

Outdoor Features

  • Covered Patio or Porch

Schools

  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 007600071027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,438

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Resale
  • Year Built: 1999
  • Accessibility Features: Accessible Doors, Accessible Full Bath
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1300.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Interior Amenities: High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Driveway Access, Exterior Entry, Finished, Finished Bath, Full
  • Kitchen Features: Breakfast Bar, Eat-in Kitchen, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Open Concept
  • Square Footage: 2000.00
  • Spa Features: None
  • Window Features: None
  • Below Grade Finished Sq Ft: 700.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Covered, Front Porch, Side Porch
  • Exterior Features: Private Front Entry, Private Rear Entry, Private Yard
  • View: City
  • Foundation: Block

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: In Basement
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Electric: 110 Volts, 220 Volts

Lot Info

  • Acres: 0.2576
  • Lot Features: Back Yard, Front Yard, Private
  • Lot Dimensions: x 0
  • Parcel Number: 14 007600071027
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 3438.00
  • Tax Year: 2020

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Fulton - Other
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 26, 2022
Sold by
Hadzikadic Bijedic Narciza
Bought by
Stardust Homes Llc
Seller's Agent
Bell Real Estate Group
Keller Williams Realty Atlanta Partners
Buyer's Agent
Dongdong Fang Lopez
Home 4U Group, LLC
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$435,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,284
Avg. Annual Appreciation
2.39%
Original Mortgage
$319,920
Outstanding Balance
$303,533
Interest Rate
5.11%
Mortgage Type
Mortgage Modification
Estimated Equity
$131,651

Purchase Details

Closed on
Aug 23, 2016
Sold by
Amer
Bought by
Hadzikadic Bije Narciza and Hadzikadic Bije Hadzikadic Amer

Purchase Details

Closed on
May 28, 2014
Sold by
Hadzikadic Sead Estate
Bought by
Hadzikadic Amer

Purchase Details

Closed on
Dec 21, 2009
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Hadzikadic Sead

Purchase Details

Closed on
Nov 3, 2009
Sold by
Jp Morgan Chase Bk
Bought by
Federal Natl Mtg Assn Fnma

Purchase Details

Closed on
May 4, 2000
Sold by
Howard Sandra
Bought by
Howard Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 13, 1999
Sold by
Cream Industries Inc
Bought by
Evans Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1999
Sold by
Creswell Ronald E
Bought by
Cream Industries Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stardust Homes Llc $399,900 --
Hadzikadic Bije Narciza -- --
Hadzikadic Amer -- --
Hadzikadic Sead -- --
Federal Natl Mtg Assn Fnma -- --
Jp Morgan Chase Bk $199,880 --
Howard Sandra -- --
Evans Darryl $1,000 --
Cream Industries Inc $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stardust Homes Llc $319,920
Previous Owner Howard Sandra $170,000
Previous Owner Evans Darryl $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $399,900 0.0% $200 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $399,900 0.0% $200 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $399,900 -- $200 / Sq Ft
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
2025 $4,341 $134,760 $32,640 $102,120
2023 $5,707 $137,840 $39,240 $98,600
2022 $5,556 $137,280 $39,240 $98,040
2021 $4,811 $106,720 $26,440 $80,280
2020 $3,438 $83,920 $21,840 $62,080
2019 $489 $60,640 $15,160 $45,480
2018 $2,438 $58,880 $15,880 $43,000
2017 $1,272 $29,440 $7,000 $22,440
2016 $1,275 $29,440 $7,000 $22,440
2015 $1,335 $29,440 $7,000 $22,440
2014 $1,335 $29,440 $7,000 $22,440
Source: Public Records

Agents Affiliated with this Home

  • Bell Real Estate Group

    Seller's Agent in 2022

    Bell Real Estate Group

    Keller Williams Realty Atlanta Partners

    (678) 207-1542

    1 in this area

    413 Total Sales

    Bell Real Estate Group
    Section Image
  • Adisa Ahmetspahic

    Seller Co-Listing Agent in 2022

    Adisa Ahmetspahic

    Heartland Real Estate, LLC

    (678) 978-7303

    1 in this area

    139 Total Sales

    Adisa Ahmetspahic
    Section Image

  • D

    Buyer's Agent in 2022

    Dongdong Fang Lopez

    Home 4U Group, LLC

    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7004564

First Multiple Listing Service (FMLS)

APN: 14-0076-0007-102-7

Georgia Fulton County Atlanta 30312 Mechanicsville

542 Formwalt St SW, Atlanta, GA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

First Multiple Listing Service (FMLS) Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.

Nearby Homes