NOT LISTED FOR SALE

723 Formwalt St SW Atlanta, GA 30315

Mechanicsville Neighborhood

Estimated Value: $301,277 - $362,000

3 Beds
2.5 Baths
1,806 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $130,000 $72 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,866/month

Highlights

  • Traditional Architecture
  • Front Porch
  • Ceiling Fan
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of November 2017

INVESTOR SPECIAL!! LOVELY 3BR/2.5BA IN DOWNTOWN ATLANTA!!

Last Agent to Sell the Property

THE KURZNER GROUP

Resideum Real Estate License #154646 Listed on: 05/17/2017

Last Buyer's Agent

Craig Lawson

NOT A VALID MEMBER License #292411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 2004

Lot Details

  • 3,703 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Front Porch

Schools

  • Paul L. Dunbar Elementary School
  • Herman J. Russell West End Academy Middle School
  • G.W. Carver High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 14 007500040346

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2004
  • Levels Stories: Two
  • Special Features: None
  • Stories: 2

Property Details

  • Property: Residential Detached

Interior Features

  • Common Walls: No Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Separate Dining Room
  • Square Footage: 1806.00

Beds/Baths

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

Exterior Features

  • Construction Materials: Frame
  • Roof Type: Composition
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway, Parking Pad

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually

Schools

  • Elementary School: Paul L. Dunbar
  • Middle School: Herman J. Russell West End Academy
  • High School: G.W. Carver

Lot Info

  • Acres: 0.0850
  • Lot Features: Level
  • Lot Dimensions: 0.085
  • Parcel Number: 14 007500040346
  • Property Attached Yn: No

Tax Info

  • Taxes: 951.00
  • Assessor Parcel Number: 14-0075-0004-034-6
  • Close Date: 2017-11-15
  • Tax Year: 2016

MLS Schools

  • Elementary School: Paul L. Dunbar
  • High School: G.W. Carver
  • Middle School: Herman J. Russell West End Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Nov 15, 2017
Sold by
Nerokgsg Llc
Bought by
Grooms Dwight
Seller's Agent
THE KURZNER GROUP
Resideum Real Estate
Buyer's Agent
Craig Lawson
NOT A VALID MEMBER
List Price
$124,900
Sold Price
$130,000
Premium/Discount to List
$5,100
4.08%
Current Estimated Value
$332,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,569
Avg. Annual Appreciation
12.59%
Original Mortgage
$154,450
Outstanding Balance
$130,765
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$201,804

Purchase Details

Closed on
Oct 7, 2013
Sold by
Bppo69 Llc
Bought by
Nerokgsg Llc

Purchase Details

Listed on
May 29, 2013
Closed on
Jun 28, 2013
Sold by
Atl Residential Holdings L
Bought by
Bppo69 Llc
Seller's Agent
RO PREISINGER
Coldwell Banker Realty
Buyer's Agent
Diane Dessailly
NOT A VALID MEMBER
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Etheridge Shellae
Bought by
Atl Residential Holdings Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
Saxon Mortgage Services Inc
Bought by
Etheridge Shellae

Purchase Details

Closed on
Dec 4, 2007
Sold by
Hamilton David A
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Apr 14, 2006
Sold by
Bank Of New York Cwabs 2004
Bought by
Hamilton David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,510
Interest Rate
10.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Tolo Aramata
Bought by
Bank Of New York Cwabs 2004 & 12

Purchase Details

Closed on
Jun 9, 2005
Sold by
Three Rings Custom Construction
Bought by
Tolo Aramata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Three Rings Custom Construction
Bought by
Tolo Aramata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2004
Sold by
Three Rings Custom Construction
Bought by
Tolo Aramata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Maddox Myra
Bought by
Three Rings Custom Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.85%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Tu 723 Formwalt
Bought by
Maddox Myra

Purchase Details

Closed on
Nov 20, 2000
Sold by
Crews Larry G
Bought by
723 Formwalt Trust

Purchase Details

Closed on
May 29, 2000
Sold by
Morris Donald R
Bought by
Crews Larry G
Source: Public Records

Range of Values:

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
Grooms Dwight $130,000 --
Nerokgsg Llc $93,000 --
Bppo69 Llc $75,000 --
Atl Residential Holdings Llc -- --
Etheridge Shellae $75,000 --
Saxon Mortgage Services Inc $136,000 --
Hamilton David $183,900 --
Bank Of New York Cwabs 2004 & 12 $161,505 --
Tolo Aramata $340,000 --
Tolo Aramata $340,000 --
Tolo Aramata $340,000 --
Tolo Aramata $340,000 --
Three Rings Custom Construction $35,000 --
Three Rings Custom Construction $35,000 --
Maddox Myra $34,900 --
723 Formwalt Trust $3,300 --
Crews Larry G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grooms Dwight $154,450
Previous Owner Hamilton David $165,510
Previous Owner Tolo Aramata $272,000
Previous Owner Tolo Aramata $272,000
Previous Owner Tolo Aramata $272,000
Previous Owner Three Rings Custom Construction $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2017 11/15/17 Sold $130,000 +4.1% $72 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $124,900 +66.5% $69 / Sq Ft
06/28/2013 06/28/13 Sold $75,000 -24.9% $42 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $99,900 -- $55 / 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 $1,238 $101,120 $21,680 $79,440
2023 $4,213 $101,760 $26,040 $75,720
2022 $1,273 $101,760 $26,040 $75,720
2021 $779 $79,560 $17,560 $62,000
2020 $389 $62,440 $14,480 $47,960
2019 $482 $45,200 $10,080 $35,120
2018 $491 $43,720 $10,520 $33,200
2017 $948 $21,960 $4,640 $17,320
2016 $951 $21,960 $4,640 $17,320
2015 $1,409 $21,960 $4,640 $17,320
2014 $996 $21,960 $4,640 $17,320
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    THE KURZNER GROUP

    Resideum Real Estate

    (678) 869-9000

    1,006 Total Sales

    THE KURZNER GROUP
    Section Image

  • C

    Buyer's Agent in 2017

    Craig Lawson

    NOT A VALID MEMBER

  • RO PREISINGER

    Seller's Agent in 2013

    RO PREISINGER

    Coldwell Banker Realty

    (770) 378-5924

    10 in this area

    82 Total Sales

    RO PREISINGER
    Section Image

  • D

    Buyer's Agent in 2013

    Diane Dessailly

    NOT A VALID MEMBER

    Section Image
See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 5850649

First Multiple Listing Service (FMLS)

APN: 14-0075-0004-034-6

Georgia Fulton County Atlanta 30315 Mechanicsville

723 Formwalt St SW, Atlanta, GA

This home is located at 723 Formwalt St SW, Atlanta, GA 30315 since 17 May 2017 and is currently estimated at $332,569, approximately $184 per square foot. This property was built in 2004. 723 Formwalt St SW is a home located in Fulton County with nearby schools including Dunbar Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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