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  • $295,000

    727 Formwalt St SW, Atlanta, GA 30315

    3beds
    1,806sqft
    : 
    $2,286/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    4,399 Square Feet Lot
    $284,800 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Tall ceilingsPlenty of natural lightInviting front porchStainless steel kitchen appliancesHardwood flooringSpacious floor planOversized primary bedroom
    LOCATION, VALUE, AND OPPORTUNITY all come together at 727 Formwalt Street SW! This 3-bedroom, 2.5-bath home offers 1,806 square feet of living space in one of Atlanta's most convenient intown locations, and it's being offered BELOW APPRAISED VALUE. From the moment you arrive, the inviting front porch gives this home plenty of character. Inside, you'll find a spacious floor plan with hardwood flooring, tall ceilings, stainless steel kitchen appliances, and plenty of natural light. With more than 1,800 square feet, there's plenty of room to live, work, entertain, and truly make this home your own. Upstairs, the oversized primary bedroom is definitely a highlight. There's plenty of room for a full bedroom setup with additional space for a sitting area, desk, or whatever fits your lifestyle. The primary also has access to its own private front deck, giving you a nice outdoor space right outside your bedroom. The outdoor space continues in the back with a rear deck that's perfect for grilling, entertaining, or simply relaxing. The backyard is completely fenced, giving you additional privacy and plenty of ways to enjoy the space. But LOCATION may be the biggest selling point here. You're just minutes from Downtown Atlanta, the Atlanta University Center, Georgia State University, Mercedes-Benz Stadium, State Farm Arena, Georgia State's football stadium, Centennial Olympic Park, the Georgia Aquarium, World of Coca-Cola, and so much more. Midtown Atlanta and Hartsfield-Jackson Atlanta International Airport are also conveniently accessible. Whether you're looking for a place to call home, purchasing your first property, or an investor looking for an intown Atlanta opportunity, 727 Formwalt gives you options. FOR INVESTORS, this property has previously generated rental income in the range of approximately $2,300-$2,500 per month. With a 3-bedroom floor plan, fenced backyard, outdoor living spaces, and a central Atlanta location, the property offers an opportunity for buyers looking to add an intown rental to their portfolio. FOR OWNER-OCCUPANTS, there may be several financing and down-payment assistance options available to qualified buyers, including Georgia Dream, Fulton County HOP, Chenoa Fund programs, 100% financing options, and other available grant and assistance programs. Program availability, eligibility, income limits, property requirements, and financing terms vary by buyer and loan program. Great space. Great value. Great location. Whether you're buying a home for yourself or looking for your next investment, 727 Formwalt Street SW is ready for its next owner. Come see the home, see the location, and see the possibilities for yourself.
    6 days
    483
    86

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Hingleton 336-906-8741,

    Keller Williams West Atlanta

    Source: GAMLS,MLS#: 10852384MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Other
      Kitchen
      • Features: Kitchen Island
      Heating
      • Central
      Cooling
      • Attic Fan, Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • Roommate Plan, Walk-In Closet(s)
      • Flooring: Carpet, Hardwood
      • Basement: Crawl Space
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,806
      • Total interior livable area: 1,806 sqft
      • Finished area above ground: 1,806
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Off Street, Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: Back Yard
      • Has view: Yes
      • View description: City
      • Waterfront features: No Dock Or Boathouse
      • Body of water: None
      Lot
      • Size: 4,399 Square Feet
      • Features: Other
      Details
      • Parcel number: 14 007500040353

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: None
      HOA
      • Has HOA: No
      • Services included: None
      Location
      • Region: Atlanta

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $240,000
      • Annual tax amount: $3,927
      • Date on market: 9/24/2026
      • Cumulative days on market: 5 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $284,800

        $271,000 - $299,000

        $2,432/mo

        Price history

        DateEventPrice
        9/24/2026Listed for sale$295,000+280.6%$163/sqft
        Source: GAMLS #10852384 Report a problem
        7/15/2025Listing removed$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        7/1/2025Price change$2,200-4.3%$1/sqft
        Source: Zillow Rentals Report a problem
        5/30/2025Listed for rent$2,300+4.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/23/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/5/2023Price change$2,200-4.3%$1/sqft
        Source: Zillow Rentals Report a problem
        11/20/2023Listed for rent$2,300+64.3%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/23/2019Listing removed$1,400$1/sqft
        Source: Owner Report a problem
        10/13/2019Price change$1,400-3.4%$1/sqft
        Source: Owner Report a problem
        9/30/2019Listed for rent$1,450+11.5%$1/sqft
        Source: Owner Report a problem
        8/21/2018Listing removed$1,300$1/sqft
        Source: Owner Report a problem
        8/9/2018Listed for rent$1,300$1/sqft
        Source: Owner Report a problem
        10/25/2013Sold$77,500-3.1%$43/sqft
        Source: FMLS GA #5186194 Report a problem
        10/22/2013Pending sale$80,000$44/sqft
        Source: Prudential Georgia Realty-Buckhead #5186194 Report a problem
        8/20/2013Listed for sale$80,000-19.9%$44/sqft
        Source: Prudential Georgia Realty-Buckhead #5186194 Report a problem
        7/1/2013Listing removed$99,900$55/sqft
        Source: Coldwell Banker Residential Brokerage - Sandy Springs #5121008 Report a problem
        3/13/2013Listed for sale$99,900+24.9%$55/sqft
        Source: Coldwell Banker Residential Brokerage - Sandy Springs #7064814 Report a problem
        6/16/2008Sold$80,000-58.7%$44/sqft
        Source: Public Record Report a problem
        6/28/2006Sold$193,900-39.4%$107/sqft
        Source: Public Record Report a problem
        9/16/2005Sold$320,000-5.9%$177/sqft
        Source: Public Record Report a problem
        11/10/2004Sold$340,000$188/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,927 -0.1%$96,000
        2024$3,930 +41.5%$96,000 -6.3%
        2023$2,778 -33%$102,440
        2022$4,146 +27.9%$102,440 +28.1%
        2021$3,241 +24.6%$80,000 +27.3%
        2020$2,602 +13.5%$62,840 +38.3%
        2019$2,292 $45,440 +3.3%
        2018$2,292 $44,000 +99.3%
        2017$2,292 +60.9%$22,080
        2016$1,424 +48.6%$22,080
        2015$958 -4.3%$22,080
        2014$1,001 +107.8%$22,080 +102.2%
        2013$482 +22.7%$10,920 +23.5%
        2012$393 +4548.2%$8,840 -60.3%
        2011$8 -99.5%$22,240 -43.2%
        2010$1,729 -36%$39,160 -35.5%
        2009$2,704 -40.4%$60,760 -36.4%
        2008$4,534 +11.8%$95,480
        2007$4,054 $95,480
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mechanicsville

        Getting around

        67 / 100
        Somewhat Walkable
        51 / 100
        Good Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dunbar
        • Middle: King
        • High: MH Jackson Jr

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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