NOT LISTED FOR SALE

574 Formwalt St SW Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $326,224 - $341,000

3 Beds
2.5 Baths
1,440 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $242,500 $168 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,901/month

Highlights

  • No Units Above
  • Craftsman Architecture
  • Bonus Room
  • Sitting Area In Primary Bedroom
  • Deck
  • Stone Countertops

About This Home

As of July 2019

A very lovely townhouse (1 of 2 homes) with new flooring, new HVAC, new tile in baths, new granite in kitchen and bathrooms and finished basement. The garage is 1.5 with large area for motorcycle or bikes. The basement offers laundry room and a large area for storage. The kitchen offers new SS appliances and a deck for morning coffee. The front of the home also offers a rocking chair covered porch. The home is near downtown and major hwys.

Last Agent to Sell the Property

Lori Walker

Berkshire Hathaway HomeServices Georgia Properties License #359429 Listed on: 07/30/2019

Berkshire Hathaway HomeServices Georgia Properties

Last Buyer's Agent

BRENDA SHAW

Atlanta Fine Homes Sotheby's International License #292852

Atlanta Fine Homes Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $890

Year Built

  • Built in 2008

Lot Details

  • 3,964 Sq Ft Lot
  • Property fronts a state road
  • No Units Above
  • End Unit
  • No Units Located Below
  • Private Entrance

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Driveway Level

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Cement Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Private Rear Entry
  • Bonus Room
  • Carpet
  • Laundry in Basement

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Community Details

  • Mechanicsville Subdivision
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 14 007600101592

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$890

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Townhouse
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2008
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: Walk-In Closet(s)
  • Kitchen Features: Breakfast Bar, Cabinets White, Stone Counters
  • Common Walls: End Unit, No One Above, No One Below
  • Additional Rooms: Bonus Room
  • Square Footage: 1440.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick 4 Sides, Cement Siding
  • Roof Type: Shingle
  • Patio And Porch Features: Deck, Front Porch
  • Exterior Features: Private Front Entry, Private Rear Entry

Garage/Parking

  • Number of Garage Spaces: 1
  • Parking Features: Garage, Garage Faces Rear, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: In Basement
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Electric: Other

Association/Amenities

  • Number Of Units In Community: 1

Condo/Co-op/Association

  • Subdivision Complex: Mechanicsville

Lot Info

  • Acres: 0.0910
  • Plat Book: 313
  • Plat Page: 4
  • Lot Features: Level
  • Lot Dimensions: X
  • Parcel Number: 14 007600101592
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 890.00
  • Tax Year: 2017

MLS Schools

  • 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
Jul 30, 2019
Closed on
Jul 31, 2019
Sold by
Griff John
Bought by
Watts Renaldo
Seller's Agent
Lori Walker
Berkshire Hathaway HomeServices Georgia Properties
Buyer's Agent
BRENDA SHAW
Atlanta Fine Homes Sotheby's International
List Price
$269,900
Sold Price
$242,500
Premium/Discount to List
-$27,400
-10.15%
Current Estimated Value
$335,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,306
Avg. Annual Appreciation
5.29%
Original Mortgage
$242,500
Outstanding Balance
$212,385
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$123,421

Purchase Details

Closed on
Jul 2, 2014
Sold by
Stonefield Investment Fund Ii
Bought by
Griff John

Purchase Details

Closed on
Jul 2, 2013
Sold by
Jackson Theodore
Bought by
Stonefield Investment Fund 2 L

Purchase Details

Closed on
Jan 16, 2007
Sold by
Cmb Homes Llc
Bought by
Rojas Yozlen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,600
Interest Rate
6.07%
Mortgage Type
Stand Alone Second
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
Watts Renaldo $242,500 --
Griff John -- --
Stonefield Investment Fund 2 L -- --
Rojas Yozlen $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Renaldo $242,500
Previous Owner Rojas Yozlen $52,600
Previous Owner Rojas Yozlen $210,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $242,500 -10.2% $168 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $269,900 0.0% $187 / Sq Ft
07/13/2012 07/13/12 For Rent $900 0.0% --
07/13/2012 07/13/12 Rented $900 -- --
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 $1,529 $107,960 $23,640 $84,320
2023 $4,461 $107,760 $28,400 $79,360
2022 $1,667 $107,760 $28,400 $79,360
2021 $2,026 $123,920 $18,320 $105,600
2020 $1,404 $97,000 $16,240 $80,760
2019 $274 $42,440 $10,960 $31,480
2018 $1,706 $41,200 $11,480 $29,720
2017 $890 $20,600 $5,080 $15,520
2016 $892 $20,600 $5,080 $15,520
2015 $941 $20,600 $5,080 $15,520
2014 $934 $20,600 $5,080 $15,520
Source: Public Records

Agents Affiliated with this Home

  • Lori Walker

    Seller's Agent in 2019

    Lori Walker

    Berkshire Hathaway HomeServices Georgia Properties

    (713) 385-5589

    1 in this area

    37 Total Sales

    Lori Walker
    Section Image
  • BRENDA SHAW

    Buyer's Agent in 2019

    BRENDA SHAW

    Atlanta Fine Homes Sotheby's International Realty

    (404) 379-4924

    50 Total Sales

    BRENDA SHAW
    Section Image
  • Michelle Smith

    Seller's Agent in 2012

    Michelle Smith

    Georgia Estates Realty

    (678) 223-3058

    11 Total Sales

    Michelle Smith
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6593234

First Multiple Listing Service (FMLS)

APN: 14-0076-0010-159-2

Georgia Fulton County Atlanta 30312 Mechanicsville

574 Formwalt St SW, Atlanta, GA

Not Listed for Sale

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