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.
Active
$335,000
731 Formwalt St SW, Atlanta, GA 30315
4beds
2,252sqft
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
- 7 days
- 553
- 106
Zillow last checked:
Listing updated:
Listed by:
Justin Hingleton 336-906-8741,
Keller Williams West Atlanta
Source: GAMLS,MLS#: 10852257
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
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $335,000+563.4%$149/sqft |
Source: | ||
| 8/2/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/18/2025 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Price change | $2,500-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2023 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2022 | Price change | $2,600-3.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/24/2022 | Price change | $2,700-3.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/12/2022 | Price change | $2,795-3.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/31/2022 | Price change | $2,895-2.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/9/2022 | Price change | $2,970-3.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/2/2022 | Price change | $3,070-3.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2022 | Listed for rent | $3,170+86.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/6/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/2/2021 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/25/2012 | Sold | $50,500+12.2%$22/sqft |
Source: Public Record Report a problem | ||
| 4/25/2012 | Listed for sale | $45,000-79.1%$20/sqft |
Source: foreclosure.com Report a problem | ||
| 12/30/2009 | Sold | $215,000+338.8%$95/sqft |
Source: Public Record Report a problem | ||
| 4/27/2009 | Sold | $49,000+3.3%$22/sqft |
Source: Public Record Report a problem | ||
| 2/9/2009 | Sold | $47,415-87.7%$21/sqft |
Source: Public Record Report a problem | ||
| 8/31/2007 | Sold | $385,900+105.3%$171/sqft |
Source: Public Record Report a problem | ||
| 4/19/2007 | Sold | $188,000-34.5%$83/sqft |
Source: Public Record Report a problem | ||
| 10/16/2006 | Sold | $286,854-18%$127/sqft |
Source: Public Record Report a problem | ||
| 10/21/2004 | Sold | $350,000+1159%$155/sqft |
Source: Public Record Report a problem | ||
| 1/2/2004 | Sold | $27,800$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: Mechanicsville
Nearby schools
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.







