Off Market1449d on market
542 Formwalt St SW
Atlanta, GA, 30312 • Mechanicsville • Fulton County
$363,700
$280/sqft
3Beds
3Baths
1,300Sqft
0.26 acLot
1999Built
Property DNA
Modern Style
Built 1999 · 27 years of history
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
1449 days on market
Established listing
$280/sqft
Price per square foot
About this home
Single Family · Built 1999
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Estimated monthly payment
Based on current rates
$2,228/month
Principal & Interest$1,744
Property Tax$364
Insurance$121
Down payment20% ($72,740)
3%50%
Est. 6.00% rate · 30yr fixed · $290,960 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1999
HeatingForced air
CoolingCentral
Parking2 Parking spaces
Lot0.26 Acres
Property
Home typeSingle Family
StyleModern
Year built1999
Systems
HeatingForced air
CoolingCentral
ConstructionFrame
Parking & Outdoor
ParkingGarage - Attached, Off-street
BasementPartially finished
Lot0.26 Acres
Location & Tax
NeighborhoodMechanicsville
Annual tax$5,571
Parcel14007600071027
Features & details
5 categories of property features
Interior Features
Heating
Forced air
Cooling
Central
Exterior Features
Exterior
Wood
Parking
Garage - Attached
Off-street
Construction
Frame
Listing insights
Market data and value estimates
StatusOff Market
Days on market1449
Est. value$363,700
Est. rent$2,978/mo
Tax rate0.86%
Price/sqft$280
Last sold$399,900
Tour days6
Views5
How are the schools in Atlanta?
3 schools rated nearby
Location
Atlanta, GA, 30312
Price history
9 events
DateEventPrice$/sqftSource
Apr 26, 2022Sold$399,900$308FMLS GA
Mar 16, 2022Pending Sale$399,900$308GAMLS
Mar 9, 2022Listed For Sale$399,900$308GAMLS
Mar 2, 2022Pending Sale$399,900$308FMLS GA
Feb 17, 2022Listed For Sale$399,900$308FMLS GA
Jan 13, 2010Sold$199,880$154Public Record
Nov 28, 2009Listed For Sale$54,900$42foreclosure.com
Oct 21, 1999Sold$1,000$1Public Record
Apr 21, 1999Sold$11,000$8Public Record
Sold$399,900
Apr 26, 2022•$308/sqft•FMLS GA
Pending Sale$399,900
Mar 16, 2022•$308/sqft•GAMLS
Listed For Sale$399,900
Mar 9, 2022•$308/sqft•GAMLS
Pending Sale$399,900
Mar 2, 2022•$308/sqft•FMLS GA
Listed For Sale$399,900
Feb 17, 2022•$308/sqft•FMLS GA
Sold$199,880
Jan 13, 2010•$154/sqft•Public Record
Listed For Sale$54,900
Nov 28, 2009•$42/sqft•foreclosure.com
Sold$1,000
Oct 21, 1999•$1/sqft•Public Record
Sold$11,000
Apr 21, 1999•$8/sqft•Public Record
Tax history
20 years of records
YearTax paidAssessed value
Apr 15, 2024$5,571$136,080
Apr 15, 2023$4,397$137,840
Apr 15, 2022$5,556$137,280
Apr 15, 2021$4,323$106,720
Apr 15, 2020$3,474$83,920
Apr 15, 2019$2,930$60,640
Apr 15, 2018$2,930$58,880
Apr 15, 2017$2,930$29,440
Apr 15, 2016$1,764$29,440
Apr 15, 2015$1,335$29,440
Apr 15, 2014$1,335$29,440
Apr 15, 2013—$14,640
Apr 15, 2012$530$11,920
Apr 15, 2011—$29,440
Apr 15, 2010$2,302$52,120
Apr 15, 2009$343$52,120
Apr 15, 2008—$83,040
Apr 15, 2007$2,511$83,160
Apr 15, 2005—$79,680
Apr 15, 2004$2,371$77,040
Nearby homes
Neighborhood details
Local context around this listing
Atlanta, GA • Fulton County
Nearby neighborhoods
DowntownDruid HillsGrant ParkMidtownMorningside - Lenox ParkNorth BuckheadNorth Druid HillsOld Fourth WardPine HillsVirginia Highland
Nearby cities
AlpharettaAtlantaBrookhavenDecaturJohns CreekLithoniaRiverdaleRoswell
Nearby zip codes
30311303153031630318303193032430331303393034130342
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