Skip main navigation
Active
  • $335,000

    731 Formwalt St SW, Atlanta, GA 30315

    4beds
    2,252sqft
    : 
    $2,597/mo
    Get pre-qualified
    Single Family Residence
    Built in 2004
    4,486 Square Feet Lot
    $323,400 Zestimate®
    $149/sqft
    $-- HOA

    What's special

    Tall ceilingsTwo walk-in closetsSpa-style primary bathroomFully refreshed throughoutBeautiful original hardwood floorsFresh paintUpdated flooring
    Welcome to 731 Formwalt Street SW, a spacious 4-bedroom, 3.5-bath home offering 2,252 square feet in the heart of intown Atlanta. If location is at the top of your list, this one deserves your attention. With this much space, NO HOA, great updates, and convenient access to some of Atlanta's most popular destinations, there's a lot to love at this price point. The home has been fully refreshed throughout and is move-in ready. Step inside to tall ceilings, beautiful original hardwood floors, fresh paint, updated flooring, updated tile work in the bathrooms, and plenty of room to spread out. The kitchen features stainless steel appliances, and the washer and dryer are already in place. One of the best features of the floor plan is the FULL-SIZE BEDROOM AND FULL BATHROOM ON THE MAIN LEVEL. This is not just a small bonus room. It's a nicely sized bedroom that provides great flexibility for guests, extended family, a roommate, home office, or anyone who prefers the convenience of main-level living. Upstairs, the primary suite is a true retreat. The bedroom is extremely spacious and features TWO walk-in closets along with private access to the balcony that spans the front of the home. Imagine stepping right outside your bedroom to enjoy your morning coffee or winding down in the evening overlooking the neighborhood. The spa-style primary bathroom features beautiful updated tile work and completes a primary suite you'll truly enjoy coming home to. The outdoor space gives you even more to enjoy. There's a rear deck with room for entertaining, grilling, or relaxing, and the property is completely fenced for added privacy and flexibility. LOCATION, LOCATION, LOCATION! You're less than 10 minutes from the Atlanta University Center, Mercedes-Benz Stadium, State Farm Arena, Georgia State University, Georgia State's football stadium, the Georgia Aquarium, World of Coca-Cola, Downtown Atlanta, and so much more. Midtown Atlanta and Hartsfield-Jackson Atlanta International Airport are also approximately 15 minutes away. Whether you're an owner-occupant looking for a spacious intown home, a first-time buyer wanting to be close to the city, or an investor looking for your next Atlanta property, 731 Formwalt offers plenty of possibilities. For investors, the property has previously rented for $2,700+ per month, providing a glimpse into its rental potential. With NO HOA, there may also be flexibility for long-term or potential short-term rental use, including Airbnb, subject to applicable rental requirements and regulations. **This Property is eligible for all grants in Georgia with our Preferred Lender. Fulton County HOP, Georgia Dream, 100% no PMI, etc. Contact agent for more details** It's hard to beat this combination of LOCATION, square footage, bedroom count, a full bedroom and bathroom on the main level, outdoor space, updates, rental potential, and NO HOA at this price point. Priced right, fully refreshed, move-in ready, and positioned in a location that keeps you close to just about everything Atlanta has to offer. Come see why 731 Formwalt Street SW could be the one.
    7 days
    553
    106

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Hingleton 336-906-8741,

    Keller Williams West Atlanta

    Source: GAMLS,MLS#: 10852257MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Other
      Kitchen
      • Features: Solid Surface Counters
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Laundry Closet, Upper Level
      Features
      • Walk-In Closet(s)
      • Flooring: Hardwood
      • Windows: Double Pane Windows
      • Basement: None
      • Number of fireplaces: 1
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,252
      • Total interior livable area: 2,252 sqft
      • Finished area above ground: 2,252
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Off Street, Side/Rear Entrance
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Balcony
      • Fencing: Back Yard
      • Has view: Yes
      • View description: City
      • Body of water: None
      Lot
      • Size: 4,486 Square Feet
      • Features: Other
      Details
      • Parcel number: 14 007500040361

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • 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, Natural Gas Available, Sewer Available, Water 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: $149/sqft
      • Tax assessed value: $240,000
      • Annual tax amount: $3,927
      • Date on market: 9/24/2026
      • Cumulative days on market: 7 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $323,400

        $307,000 - $340,000

        $3,063/mo

        Price history

        DateEventPrice
        9/24/2026Listed for sale$335,000+563.4%$149/sqft
        Source: FMLS GA #7843757 Report a problem
        8/2/2025Listing removed$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        7/18/2025Listed for rent$2,500$1/sqft
        Source: Zillow Rentals Report a problem
        10/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/13/2023Price change$2,500-3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        10/2/2023Listed for rent$2,600$1/sqft
        Source: Zillow Rentals Report a problem
        10/30/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/20/2022Price change$2,600-3.7%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/24/2022Price change$2,700-3.4%$1/sqft
        Source: Zillow Rental Manager Report a problem
        9/12/2022Price change$2,795-3.5%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/31/2022Price change$2,895-2.5%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/9/2022Price change$2,970-3.3%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/2/2022Price change$3,070-3.2%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/1/2022Listed for rent$3,170+86.5%$1/sqft
        Source: Zillow Rental Manager Report a problem
        4/6/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/2/2021Listed for rent$1,700$1/sqft
        Source: Zillow Rental Manager Report a problem
        5/25/2012Sold$50,500+12.2%$22/sqft
        Source: Public Record Report a problem
        4/25/2012Listed for sale$45,000-79.1%$20/sqft
        Source: foreclosure.com Report a problem
        12/30/2009Sold$215,000+338.8%$95/sqft
        Source: Public Record Report a problem
        4/27/2009Sold$49,000+3.3%$22/sqft
        Source: Public Record Report a problem
        2/9/2009Sold$47,415-87.7%$21/sqft
        Source: Public Record Report a problem
        8/31/2007Sold$385,900+105.3%$171/sqft
        Source: Public Record Report a problem
        4/19/2007Sold$188,000-34.5%$83/sqft
        Source: Public Record Report a problem
        10/16/2006Sold$286,854-18%$127/sqft
        Source: Public Record Report a problem
        10/21/2004Sold$350,000+1159%$155/sqft
        Source: Public Record Report a problem
        1/2/2004Sold$27,800$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,927 -0.1%$96,000
        2024$3,930 +32.3%$96,000 -12.4%
        2023$2,972 -33%$109,600
        2022$4,436 +27.5%$109,600 +27.6%
        2021$3,479 +24.8%$85,880 +27.5%
        2020$2,789 +15.1%$67,360 +38.1%
        2019$2,422 $48,760 +3.5%
        2018$2,422 $47,120 +98.7%
        2017$2,422 +61.9%$23,720
        2016$1,496 +45.3%$23,720
        2015$1,030 -4.3%$23,720
        2014$1,075 $23,720 +103.1%
        2013-- $11,680 +23.7%
        2012$419 $9,440 -60.7%
        2011-- $24,040 -42.9%
        2010$1,860 -31.2%$42,120 -41.1%
        2009$2,704 $71,480 -5.9%
        2008-- $76,000
        2007$3,227 $76,000
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts