INVESTOR SPECIAL, RENTAL PROPERTY, BRING ALL OFFERS, CURRENTLY OCCUPIED, SOLD AS IS, BUY INDIVIDUALLY OR BULK SALE AVAILABLE WITH 100'S OF PROPERTIES IN THE ATLANTA AREA
Single-familyProperty Type
1940Year Built
5,440 sq ftLot Size
$240Est. Price/Sq.Ft.
Listed by JASON WOOD• Blue Peach Brokerage, LLC.
Bought with Anil Vaswani• Keller Wms Re Atl Midtown
Source:FMLS #5728986
Redfin Estimate
$220,033
$178K since sold in September 2016$1,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.3% lower than the average sale price ($235K) of 6 comparable homes.
HUGE REDUCTION! CALLING ALL INVESTORS! GREAT DEAL ON 3 BEDROOM 2 BATH BUNGALOW. CHECK THE COMPS AND CALL. REQUIRED: PREQUAL &/OR BANK STATEMENT & FINANCE EXHIBIT. ONLY CASH/CONV NO 100%LTV. ADDEND MAY APPLY. VACANT. SOLD AS IS.
Year
Property tax
Land + Additions
Assessment*
2025
$2,700 (−7.6%)
$23,080 + $42,920
$66,000
2024
$2,923 (+8.4%)
$23,080 + $48,320
$71,400
2023
$2,698 (+134.4%)
$27,720 + $38,160
$65,880
2022
$1,151
$27,720 + $38,160
$65,880
2021
$1,152 (−1.1%)
$10,720 + $17,720
$28,440
2020
$1,165 (−0.3%)
$10,720 + $17,720
$28,440
2019
$1,169 (+1.0%)
$10,720 + $17,720
$28,440
2018
$1,158 (+122.6%)
$10,720 + $17,720
$28,440
2017
$520 (−0.3%)
$11,240 + $16,720
$27,960
2016
$521 (+3.4%)
$4,960 + $7,080
$12,040
2015
$504 (−18.7%)
$4,960 + $7,080
$12,040
2014
$620 (+137.3%)
$4,960 + $8,720
$13,680
2012
$261 (−26.5%)
$1,380 + $1,960
$3,340
2011
$355 (+0.6%)
$2,760 + $3,120
$5,880
2010
$353 (−63.0%)
$4,000 + $4,000
$8,000
2009
$955
$8,360 + $17,080
$25,440
2008
$955
$8,360 + $17,080
$25,440
Tax history for 703 Formwalt St SW
Year
Property tax
Land + Additions
Assessment*
2025
$2,700 (−7.6%)
$23,080 + $42,920
$66,000
2024
$2,923 (+8.4%)
$23,080 + $48,320
$71,400
2023
$2,698 (+134.4%)
$27,720 + $38,160
$65,880
2022
$1,151
$27,720 + $38,160
$65,880
2021
$1,152 (−1.1%)
$10,720 + $17,720
$28,440
2020
$1,165 (−0.3%)
$10,720 + $17,720
$28,440
2019
$1,169 (+1.0%)
$10,720 + $17,720
$28,440
2018
$1,158 (+122.6%)
$10,720 + $17,720
$28,440
2017
$520 (−0.3%)
$11,240 + $16,720
$27,960
2016
$521 (+3.4%)
$4,960 + $7,080
$12,040
2015
$504 (−18.7%)
$4,960 + $7,080
$12,040
2014
$620 (+137.3%)
$4,960 + $8,720
$13,680
2012
$261 (−26.5%)
$1,380 + $1,960
$3,340
2011
$355 (+0.6%)
$2,760 + $3,120
$5,880
2010
$353 (−63.0%)
$4,000 + $4,000
$8,000
2009
$955
$8,360 + $17,080
$25,440
2008
$955
$8,360 + $17,080
$25,440
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
5,440 Sq. Ft.
Year renovated
2020
Sq. Ft.
984
Year built
1940
Style
Single Family Residential
County
Fulton County
APN
14 007500011107
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
SPI-18 SA5
Mechanicsville Neighborhood Special Public Interest District - Subarea 5: Single-Family
The intent of the council in establishing SPI-18 Mechanicsville Neighborhood Special Public Interest District as a zoning district is as follows: Create a diversified city where people across the spectrum of age, income, ethnicity, and culture can live, work, shop, meet, and play; Improve the aesthetics of streets and the built environment; Ensure through the administration of specific standards and criteria that new housing achieve architectural, site and street design consistent with the existing historic built environment. Protect the historic character of the single-family residential areas; Facilitate safe, pleasant, and convenient sidewalk-level pedestrian circulation that minimizes impediments by vehicles; Promote public safety through the provision of pedestrian-oriented street-level uses, sufficient sidewalk widths, adequate visibility from adjacent buildings and primary pedestrian access from buildings to adjacent sidewalks; Ensure pedestrian-oriented building forms which are compatible with the scale, character and needs of the neighborhood; Encourage a grid of connected streets to improve access and reduce congestion: Facilitate safe and convenient bicycle usage; Encourage a compatible mixture of residential, commercial, cultural and recreational uses; Promote an appropriate balance and scale of commercial uses which meet the needs of nearby residents; Encourage infill and rehabilitation development within traditionally commercial areas that include proportionately significant residential uses; Place reasonable controls on the development of larger scale highway-oriented retail, service, office and dining uses which are intended to serve larger areas of the city than a single neighborhood or a small group of neighborhoods; Encourage owner occupancy and retention of single-family residential structures compatible with the character of the Mechanicsville residential neighborhood while permitting two-family and multi-family housing in appropriate locations; Provide a range of housing types and prices to meet different housing needs; Prevent encroachment of incompatible commercial uses and minimize commercial parking in residential subareas; Provide accessible and sufficient parking in an unobtrusive manner; Reduce parking requirements by encouraging shared parking and alternative modes of transportation; Provide sufficient, safe and accessible parks, plazas and greenways for active and passive enjoyment; and Improve the quality of air and water through provisions for the planting of trees, bicycle parking and an urban form that reduces the need to drive.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Educational/school
Park & open space
Property details
Parking
Parking Information
Parking Features: Driveway, Level Driveway
Open Parking: Yes
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Main Level Bathrooms: 2
Master Bathroom Features: Other
Bedroom Information
# of Main Level Bedrooms: 3
Bedroom Features: Master on Main
Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Other
Room Information
LaundryFeatures: Other
Kitchen Features: Eat-in Kitchen
Dining Room Features: Open Concept
Room Type: Family Room
Exterior
Property Information
Levels: One
Construction Materials: Other
Exterior Features: Other
Roof: Composition
Property Condition: Resale
Green Building Verification Type: HERS Index Score
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Cooling: Central Air
Heating: Other
Water Source: Public
Sewer: Public Sewer
Location
School Information
Elementary School: Paul L. Dunbar
Middle Or Junior School: Martin L. King Jr.
High School: Maynard Jackson
Location Information
Directions: GPS
Road Surface Type: Paved
Fulton
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 984
Stories: 1.0
Lot Size: 5,440 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: 2020
County: Fulton County
APN: 14 007500011107
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Dunbar Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
King Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Maynard H. Jackson- Jr. High School
Public 9-12 • Assigned • 2.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Atlanta, GA • 30315
Average low and high temperatures (°F)
51
34
62
42
72
50
78
58
80
63
87
70
92
75
84
70
84
68
76
57
67
49
58
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9.4 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$210,000 – $254,000
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