NOT LISTED FOR SALE

546 Formwalt St SW Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $205,167 - $333,000

3 Beds
2 Baths
1,200 Sq Ft
$227/Sq Ft Est. Value

Highlights

  • Sitting Area In Primary Bedroom
  • Stone Countertops
  • White Kitchen Cabinets
  • L-Shaped Dining Room
  • Balcony
  • Ceiling height of 9 feet on the main level

About This Home

As of December 2023

This brand-new bungalow-style residence features three generously sized bedrooms and two full baths, offering ample space for your family and guests to relish in comfort. You'll find yourself a stone's throw away from the lively Summerhill area with its parks, playgrounds, tennis and tracks. You'll be nearby endless entertainment with shops and dining including Talat market, Little Bear, Halfway Crook Brewery, Big Softie, Wood's Chapel BBQ, Little Tart, Hero Doughnuts & Buns, Southern National, and a host of mouthwatering eateries. Moreover, this prime location offers easy access to Mercedes Benz Stadium, Atlanta's Hartsfield-Jackson airport, Downtown Atlanta, Grant Park, and major highways such as I-75 and I-85, and I-20 ensuring you won't miss out on any of Atlanta's attractions. Private backyard for your family entertainments, dedicated parking for your convenience.

Last Agent to Rent the Property

Azza Barhoma

Berkshire Hathaway HomeServices Georgia Properties License #329948 Listed on: 11/08/2023

Berkshire Hathaway HomeServices Georgia Properties

Co-Listed By

Raef Taha

Berkshire Hathaway HomeServices Georgia Properties License #435623

Last Renter's Agent

Azza Barhoma

Berkshire Hathaway HomeServices Georgia Properties License #329948 Listed on: 11/08/2023

Berkshire Hathaway HomeServices Georgia Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 2023

Lot Details

  • Level Lot

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Double Pane Windows
  • Insulated Windows
  • L-Shaped Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Parking

  • 2 Parking Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $2,800
  • 12 Month Lease Term
  • Assessor Parcel Number 14 007600071019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,283

Year Built

Built in 2023

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Pest Control, Trash Collection, Water
  • Deposit: 2800
  • Lease Term: 12 Months
  • Pets Allowed: Call
  • Pet Deposit Dollar: 250.00
  • Deposit Required: Pet, Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 2023
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 1200.00
  • Special Features: NewHome

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Range Hood
  • Interior Amenities: High Ceilings 9 ft Main
  • Basement: Crawl Space
  • Kitchen Features: Cabinets White, Solid Surface Counters, Stone Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Dining L
  • Square Footage: 1200.00
  • Spa Features: None
  • Window Features: Double Panes, Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Sitting Room
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Cement Siding, Concrete, Frame
  • Roof Type: Composition, Shingle
  • Patio And Porch Features: Front Porch
  • Exterior Features: Balcony

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Parking Pad

Utilities

  • Cooling: Central Air, Electric, Heat Pump, Whole House Fan
  • Heating: Central, Forced Air, Heat Pump
  • Laundry Features: Laundry Room
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Management: Owner Managed

Lot Info

  • Lot Features: Level
  • Parcel Number: 14 007600071019
  • Property Attached Yn: No

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Fulton - Other
  • High School: Fulton - Other
  • Middle School: Fulton - Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Launchpad Investments Llc
Bought by
Mfa Properties Atlanta Llc
Current Estimated Value
$272,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,200
Interest Rate
6.5%
Mortgage Type
Mortgage Modification

Purchase Details

Closed on
May 28, 2009
Sold by
Suntrust Bank
Bought by
Smith Arthur C

Purchase Details

Closed on
Aug 5, 2008
Sold by
Ace Investments Llc
Bought by
Suntrust Bank

Purchase Details

Closed on
Apr 11, 2005
Sold by
Ace Investments Llc
Bought by
Tri & City Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,175
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 22, 2005
Sold by
Cit Grp Of Consumer Fin Inc
Bought by
Ace Invs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,175
Interest Rate
5.88%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 5, 2005
Sold by
Branche Wilworth
Bought by
Cit Grp Of Consumer Finance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,014
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Patterson Cynthia
Bought by
Branche Wilworth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2003
Sold by
Mcduffy Stella M S
Bought by
Patterson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mfa Properties Atlanta Llc $175,000 --
Smith Arthur C $25,500 --
Suntrust Bank $80,000 --
Tri & City Property Group Llc $32,900 --
Ace Invs Llc $106,400 --
Cit Grp Of Consumer Finance $102,500 --
Branche Wilworth $180,000 --
Patterson Cynthia $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mfa Properties Atlanta Llc $224,200
Previous Owner Tri & City Property Group Llc $170,175
Previous Owner Ace Invs Llc $117,014
Previous Owner Branche Wilworth $153,000
Previous Owner Patterson Cynthia $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Rented $2,530 -9.6% --
11/08/2023 11/08/23 For Rent $2,800 -- --
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 $2,283 $62,720 $21,600 $41,120
2023 $2,915 $70,400 $24,800 $45,600
2022 $2,979 $73,600 $25,960 $47,640
2021 $2,290 $56,520 $17,520 $39,000
2020 $1,827 $44,600 $14,440 $30,160
2019 $484 $32,120 $10,040 $22,080
2018 $1,300 $31,400 $10,520 $20,880
2017 $670 $15,520 $4,640 $10,880
2016 $672 $15,520 $4,640 $10,880
2015 $1,139 $15,520 $4,640 $10,880
2014 $704 $15,520 $4,640 $10,880
Source: Public Records

Agents Affiliated with this Home

  • Azza Barhoma

    Landlord's Agent in 2023

    Azza Barhoma

    Berkshire Hathaway HomeServices Georgia Properties

    (404) 944-1178

    26 Total Sales

    Azza Barhoma
    Section Image

  • R

    Landlord's Co-Listing Agent in 2023

    Raef Taha

    Berkshire Hathaway HomeServices Georgia Properties

    (404) 513-4078

    Raef Taha
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7301002

First Multiple Listing Service (FMLS)

APN: 14-0076-0007-101-9

Georgia Fulton County Atlanta 30312 Mechanicsville

546 Formwalt St SW, Atlanta, GA

Not Listed for Sale

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