NOT LISTED FOR SALE

571 Formwalt St SW Unit 2 Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $127,136 - $176,000

2 Beds
1 Bath
583 Sq Ft
$247/Sq Ft Est. Value

Highlights

  • No Units Above
  • City View
  • Wood Flooring
  • Gated Community
  • Deck
  • High Ceiling

About This Home

As of August 2014

Cozy 2 BR condo nestsled on a quiet street. Walk to Turner Field and other Atlanta Festivities. Stainless Steel appliances.Granite counters Hardwood Floors. Washer & dryer included Great location for students and professionals working downtown. Gated community with sedcure offstreet parking.

Last Agent to Rent the Property

Valerie Smith

Origins Real Estate of Georgia License #212206 Listed on: 02/28/2014

Last Renter's Agent

Glenda Broker

Non-Mls Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1961

Lot Details

  • 610

Parking

  • 2 Parking Spaces

Home Design

  • Garden Home
  • Slab Foundation
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 583 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Flooring
  • City Views

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Dunbar Elementary School
  • King Middle School
  • Mh Jackson Jr High School

Utilities

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

Listing and Financial Details

  • Security Deposit $900
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Association fees include sewer, water
  • Capital City Square Subdivision

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,936

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Lease Termsin Months: 12
  • Security Deposit: 900

Listing Details

  • Property Type: Residential Lease
  • District: 14
  • Unit: 2
  • Year Built: 1961
  • ArchitecturalStyle: Brick 4 Side, Other
  • Financing Type: LEASE
  • Levels: One
  • Lot Size Acres: .00
  • Property Sub-Type: Single Family Residence
  • Structure Type: Garden/Patio Home
  • Total Finished Area2: 583
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 583
  • Above Grade Finished Sq Ft: 583
  • Interior Amenities: High Ceilings
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Solid Surface Counters
  • Furnished: Unfurnished
  • Price Per Square Foot: 1.32933

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No One Above
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition
  • View: City
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • ParkingTotal: 2

Utilities

  • Cooling: Electric, Central Air
  • Heating: Electric, Central
  • Security Features: Key Card Entry, Gated Community
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Sidewalks, Street Lights
  • PetsAllowed: No

Fee Information

  • Fee Paid: Yes
  • Association Fee Includes: Sewer, Water

Schools

  • Elementary School: Dunbar
  • High School: MH Jackson Jr
  • High School Bus: No
  • Middle School: King
  • Middle School Bus: No
  • Elementary School: Dunbar
  • Middle School: King
  • High School: MH Jackson Jr

MLS Schools

  • Elementary Bus Line: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2005
Sold by
Formwalt Court Llc
Bought by
Bonaparte Francoise
Current Estimated Value
$133,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Outstanding Balance
$63,114
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$76,408
Source: Public Records

Range of Values:

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Average Value
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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
Bonaparte Francoise $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonaparte Francoise $119,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2014 08/07/14 Rented $775 0.0% --
07/08/2014 07/08/14 Under Contract -- -- --
02/28/2014 02/28/14 For Rent $775 -- --
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 $1,936 $53,000 $6,720 $46,280
2023 $2,512 $60,680 $7,720 $52,960
2022 $1,517 $37,480 $4,760 $32,720
2021 $1,473 $36,360 $4,600 $31,760
2020 $1,473 $35,960 $4,560 $31,400
2019 $138 $33,040 $4,200 $28,840
2018 $898 $21,680 $3,040 $18,640
2017 $320 $7,400 $1,560 $5,840
2016 $320 $7,400 $1,560 $5,840
2015 $411 $7,400 $1,560 $5,840
2014 $336 $7,400 $1,560 $5,840
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2014

    Valerie Smith

    Origins Real Estate of Georgia

  • Glenda Broker

    Tenant's Agent in 2014

    Glenda Broker

    Non-Mls Company

    (800) 289-1214

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Map

Source: Georgia MLS

MLS Number: 7227540

Georgia MLS

APN: 14-0076-0010-133-7

Georgia Fulton County Atlanta 30312 Mechanicsville

571 Formwalt St SW Unit 2, Atlanta, GA

This home is located at 571 Formwalt St SW Unit 2, Atlanta, GA 30312 since 28 February 2014 and is currently priced at $144,284. This property was built in 1961. 571 Formwalt St SW Unit 2 is a home located in Fulton County with nearby schools including Dunbar Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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