NOT LISTED FOR SALE

572 Formwalt St SW Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $316,828 - $355,000

3 Beds
2.5 Baths
1,584 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $28,000 $18 Per Sq Ft

Est. 1,097% increase in value since last sale

Current estimated payment $2,035/month

58 Days on Market

Highlights

  • City View
  • Property is walking distance to MARTA
  • Formal Dining Room
  • Deck
  • Traditional Architecture
  • Ceiling height of 9 feet on the main level

About This Home

As of February 2012

Irresistable curb appeal in this popular craftsman style cluster home! Awesome opportunity for sweat equity!! Bring your handy buyer or investor with finishing expertise! This could be a dream home! Minutes to Turner Field, Georgia Dome, colleges, parks & more! Quick, easy access to interstates! This is a Fannie Mae HomePath property. See private remarks to submit offer.

Last Agent to Sell the Property

RICK HALE

Keller Wms Re Atl Midtown License #177312 Listed on: 10/30/2011

Last Buyer's Agent

NON-MLS NMLS

Non FMLS Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 3,964

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Driveway

Home Design

  • Traditional Architecture
  • Cluster Home
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Family Room
  • Formal Dining Room
  • City Views
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Front Porch

Location

  • Property is walking distance to MARTA

Schools

  • Paul L. Dunbar Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Listing and Financial Details

  • Assessor Parcel Number 572FormwaltSTSW

Community Details

Overview

  • Mechanicsville Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cluster Home, Traditional
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Interior Amenities: High Ceilings 9 ft Main, High Ceilings 9 ft Upper, Walk-In Closet(s)
  • Basement: Bath/Stubbed, Full
  • Kitchen Features: Eat-in Kitchen
  • Common Walls: No Common Walls
  • Additional Rooms: Family Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1584.00

Beds/Baths

  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Deck, Front Porch
  • View: City

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Attached, Driveway, Garage, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Fire Alarm, Smoke Detector(s)
  • Laundry Features: In Basement

Condo/Co-op/Association

  • Community Features: Near Marta, Park, Sidewalks, Street Lights
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Mechanicsville

Lot Info

  • Parcel Number: 572FormwaltSTSW
  • Property Attached Yn: No

Tax Info

  • Taxes: 1694.00
  • Tax Year: 2010

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2011
Closed on
Feb 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Londas Childs
Seller's Agent
RICK HALE
Keller Wms Re Atl Midtown
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$29,000
Sold Price
$28,000
Premium/Discount to List
-$1,000
-3.45%
Current Estimated Value
$335,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,207
Avg. Annual Appreciation
19.79%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2006
Sold by
Deno Felicity N
Bought by
Cmb Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.2%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Buckley Joshua R
Bought by
Cmb Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.2%
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
Londas Childs $28,000 --
Federal National Mortgage Association -- --
Countrywide Home Loans Inc $226,445 --
Cmb Homes Llc -- --
Deno Felicity N -- --
Cmb Homes Llc $64,900 --
Buckley Joshua R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deno Felicity N $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $28,000 -3.4% $18 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
10/30/2011 10/30/11 For Sale $29,000 -- $18 / 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 $3,179 $104,400 $23,640 $80,760
2023 $4,175 $100,840 $28,400 $72,440
2022 $4,081 $100,840 $28,400 $72,440
2021 $3,179 $78,480 $19,160 $59,320
2020 $2,527 $61,680 $15,800 $45,880
2019 $479 $44,560 $10,960 $33,600
2018 $1,790 $43,240 $11,480 $31,760
2017 $935 $21,640 $5,080 $16,560
2016 $937 $21,640 $5,080 $16,560
2015 $1,383 $21,640 $5,080 $16,560
2014 $981 $21,640 $5,080 $16,560
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    RICK HALE

    Keller Wms Re Atl Midtown

  • N

    Buyer's Agent in 2012

    NON-MLS NMLS

    Non FMLS Member

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 4291541

First Multiple Listing Service (FMLS)

APN: 14-0076-0010-158-4

Georgia Fulton County Atlanta 30312 Mechanicsville

572 Formwalt St SW, Atlanta, GA

Not Listed for Sale

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