Estimated payment $2,266/month
Unlock the potential of this hidden gem in the heart of Atlanta!This 3-bedroom, 2-bath home offers an ideal opportunity for investors, renovators, or bold buyers ready to build sweat equity in one of the city's fastest-transforming neighborhoods. Step inside and be surprised by a well-maintained, move-in-ready interior with updated finishes, spacious bedrooms, and a functional layout—providing immediate comfort and value. The exterior may need vision, but the real story here is the location: just minutes from the BeltLine, Grant Park, Summerhill, The Beacon, and downtown Atlanta. With new construction and modern renovations popping up all around, this is your chance to buy into a community on the rise. Perfect as a rental, flip, or unique primary residence for someone who sees the big picture. Don’t miss this opportunity to invest in location, potential, and long-term growth.
Last Listed By
Keller Williams Realty Atl North License #354324 Listed on: 05/23/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Outdoor Features
Schools
Utilities
Listing and Financial Details
| 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 |
|---|---|---|---|---|
| 2023 | $5,560 | $205,040 | $53,840 | $151,200 |
| 2022 | $6,825 | $168,640 | $27,640 | $141,000 |
| 2021 | $4,338 | $140,080 | $28,480 | $111,600 |
| 2020 | $5,119 | $124,960 | $36,760 | $88,200 |
| 2019 | $485 | $122,760 | $36,120 | $86,640 |
| 2018 | $4,592 | $110,920 | $32,760 | $78,160 |
| 2017 | $1,277 | $29,560 | $6,000 | $23,560 |
| 2016 | $1,280 | $29,560 | $6,000 | $23,560 |
| 2015 | $1,751 | $29,560 | $6,000 | $23,560 |
| 2014 | $1,340 | $29,560 | $6,000 | $23,560 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Sale | $315,000 | -- | $188 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | -- | |
| Warranty Deed | $118,000 | -- | |
| Special Warranty Deed | -- | -- | |
| Foreclosure Deed | $111,298 | -- | |
| Deed | $162,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | $300,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $129,600 | New Conventional | |
| Previous Owner | $240,000 | New Conventional |
$250,000
Back on the Market again! 592 Formwalt St. is a fixer or really a tear down. Its zoned for 2 lots - 25' wide each The Zoning is SPI-18, similar to R-5, it allows the property to be rebuilt as 2 connected homes, each of which can be conveyed, sold, separately as 2 fee simple townhomes. See similar projects across the street (591 and 593) and on Eugenia street. Complete Survey and Architectural
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Freddy Pena Epique Realty
Source: First Multiple Listing Service (FMLS)
MLS Number: 7584302
APN: 14-0054-0007-013-2
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