Excellent investment opportunity by the former Turner Field, with current area development under way. The property is in a tax allocation district (TAD), and cash-flowing.
Single-familyProperty Type
2004Year Built
6,534 sq ftLot Size
$176Est. Price/Sq.Ft.
Listed by Bryan Adams• Pace Lynch Realty
Bought with Kenji Otokawa• Komp Realty, LLC.
Source:FMLS #6067522
Redfin Estimate
$296,307
$31K since sold in October 2018$0 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13.8% lower than the average sale price ($344K) of 6 comparable homes.
INVESTORS DREAM!! SOLD AS-IS, NO TERMITE, NO DISCLOSURE. SELLER TO CHOOSE ATTY-NO EXCEPTIONS. SEND COPY OF EM CHECK ALONG W/PRE-QUAL, OR PROOF OF FUNDS WITH OFFER
Public Records
Oct 9, 2007
Sold
$385,000
$229/sq ft
Public Records
Feb 8, 2005
Sold
$236,500
$141/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,837 (−3.8%)
$24,040 + $69,760
$93,800
2024
$3,991 (−1.4%)
$24,040 + $73,440
$97,480
2023
$4,049 (+1.2%)
$28,880 + $70,000
$98,880
2022
$4,002 (+28.6%)
$28,880 + $70,000
$98,880
2021
$3,111 (+25.7%)
$19,480 + $57,320
$76,800
2020
$2,474 (+13.5%)
$16,080 + $44,320
$60,400
2019
$2,179 (+24.3%)
$11,160 + $41,880
$53,040
2018
$1,754 (+91.9%)
$11,160 + $41,880
$53,040
2017
$914 (−0.3%)
$11,680 + $30,680
$42,360
2016
$916 (−2.4%)
$5,160 + $16,000
$21,160
2015
$939 (−4.3%)
$5,160 + $16,000
$21,160
2014
$981 (+150.9%)
$5,160 + $16,480
$21,640
2012
$391 (−59.3%)
$3,000 + $7,760
$10,760
2011
$962 (−9.3%)
$2,880 + $5,920
$8,800
2010
$1,060 (−55.8%)
$8,680 + $15,320
$24,000
2009
$2,398
$8,680 + $55,200
$63,880
2008
$2,398
$8,680 + $55,200
$63,880
Tax history for 757 Formwalt St SW
Year
Property tax
Land + Additions
Assessment*
2025
$3,837 (−3.8%)
$24,040 + $69,760
$93,800
2024
$3,991 (−1.4%)
$24,040 + $73,440
$97,480
2023
$4,049 (+1.2%)
$28,880 + $70,000
$98,880
2022
$4,002 (+28.6%)
$28,880 + $70,000
$98,880
2021
$3,111 (+25.7%)
$19,480 + $57,320
$76,800
2020
$2,474 (+13.5%)
$16,080 + $44,320
$60,400
2019
$2,179 (+24.3%)
$11,160 + $41,880
$53,040
2018
$1,754 (+91.9%)
$11,160 + $41,880
$53,040
2017
$914 (−0.3%)
$11,680 + $30,680
$42,360
2016
$916 (−2.4%)
$5,160 + $16,000
$21,160
2015
$939 (−4.3%)
$5,160 + $16,000
$21,160
2014
$981 (+150.9%)
$5,160 + $16,480
$21,640
2012
$391 (−59.3%)
$3,000 + $7,760
$10,760
2011
$962 (−9.3%)
$2,880 + $5,920
$8,800
2010
$1,060 (−55.8%)
$8,680 + $15,320
$24,000
2009
$2,398
$8,680 + $55,200
$63,880
2008
$2,398
$8,680 + $55,200
$63,880
*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
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,615 Sq. Ft.
Year renovated
—
Sq. Ft.
1,683
Year built
2004
Style
Single Family Residential
County
Fulton County
APN
14 007500040825
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
Open Parking: Yes
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
Master Bathroom Features: Tub/Shower Combo,Whirlpool Tub
Bedroom Information
Bedroom Features: Oversized Master,Other
Interior Features
# of Fireplaces: 1
Fireplace Features: Family Room, Living Room
Interior Features: High Ceilings 9 ft Upper, High Ceilings 10 ft Main
Common Walls: No Common Walls
Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
Flooring: Hardwood
Room Information
LaundryFeatures: Other
Kitchen Features: Solid Surface Counters
Dining Room Features: None
Room Type: Family Room, Other
Basement: Crawl Space
Exterior
Property Information
Levels: Two
Construction Materials: Cement Siding
Exterior Features: Other
Roof: Composition
Patio And Porch Features: Covered, Deck, Front Porch
Property Condition: Resale
Financial
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Cooling: Central Air
Heating: Heat Pump
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available
Location
School Information
Elementary School: Paul L. Dunbar
Middle Or Junior School: Herman J. Russell West End Academy
High School: Maynard Jackson
Location Information
Directions: Exit 75/85 Connector at Fulton St - exit 246. Go west on Fulton Street. Turn left on Formwalt. Cross Ralph David Abernathy. Home is 3rd on right after Love St.
Road Surface Type: Paved
Community Information
Community Features: Near Schools, Park, Playground, Public Transportation, Sidewalks
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 1,683
Stories: 2.0
Lot Size: 6,615 square feet
Style: Single Family Residential
Year Built: 2004
Year Renovated: —
County: Fulton County
APN: 14 007500040825
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Dunbar Elementary School
Public PreK-5 • Assigned • 0.6mi
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, 16 days in 30 years
4/10 Wind Factor
24% 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
91
75
84
70
85
67
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
$282,000 – $341,000
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