Sold
Last Sold Price
3 beds
586 Formwalt St SW, Atlanta, GA 30312
TownhouseProperty Type
2007Year Built
2 carsParking Spaces

Description

Excellent performing investment property, with long term Tenant. This is a rare find with a two car, rear alley access garage. Large back deck which offers improving views as the area continues to develop. Lease requires 24-hour Tenant notice, so please allow a few extra hours to properly schedule.Excellent performing investment property, with long term Tenant. This is a rare find with a two car, rear alley access garage. Large back deck which offers improving views as the area continues to develop. Lease requires 24-hour Tenant notice, so please allow a few extra hours to properly schedule.
  • Listed by: Bryan Adams • Pace Lynch Corporation
Listing closed: 12/19/2019 05:00 AM • Source: GAMLS, MLS#: 8654377

Recent comparable sales

Median sold price

$260,000

Avg days on market

33

Sale-to-list ratio

96.4%

Atlanta, GA

9 comparable properties found

1

$230,000

Sold 09/02/25

3
Bedrooms
1,500
Square Feet
0.05
Acres
a front view of a house with a yard and garage
2

$180,000

Sold 12/05/25

3
Bedrooms
1,442
Square Feet
0.2
Acres
a front view of a house with garden
3

$235,000

Sold 06/09/26

3
Bedrooms
1,470
Square Feet
0.04
Acres
a front view of a house with backyard and garden
4

$230,000

Sold 12/16/25

3
Bedrooms
Unavailable
Square Feet
0.07
Acres
$260,000 | 1732 Pryor Road Southwest, Unit 403, Atlanta, GA 30315
5

$260,000

Sold 03/31/25

3
Bedrooms
1,395
Square Feet
0.02
Acres
a front view of a house with a yard
6

$269,900

Sold 12/06/24

3
Bedrooms
1,300
Square Feet
0.07
Acres
a front view of a house with a garden
7

$270,000

Sold 09/09/24

3
Bedrooms
1,280
Square Feet
0.06
Acres
a view of a house with a yard
8

$270,000

Sold 12/04/24

3
Bedrooms
1,610
Square Feet
0.03
Acres
a house view with a outdoor space
9

$302,000

Sold 12/16/24

3
Bedrooms
1,600
Square Feet
0.09
Acres

Location

Listing Courtesy of Pace Lynch Corporation, Bryan Adams

Sold By Non-Mls Company, No Sales Agent

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$1,253 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,154

Property Taxes

$99

HOA Dues

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Property Information for 586 Formwalt Street Southwest

Property Details
  • Taxes: $1,189 / year
  • MLS Type: Residential / Townhouse
  • Subdivision: Mechanicsville
  • Style: Traditional
  • Fees Include: None
  • Parking: Attached, Garage Door Opener, Basement, Garage, Guest, Side/Rear Entrance
Building Information
  • Stories: 2
  • Year Built: 2007
Summary
Location and General Information
  • Elementary School: Dunbar
  • High School: MH Jackson Jr
  • Middle School: King
  • Amenities: Park, Playground, Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping
  • Directions: Use navigation.
  • Lot Description: Sloped
Taxes and HOA
  • Parcel Number: 14 007600101568
Parking
  • Parking Total: 2
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • BAF Lower: 0
  • BAF Main: 0
  • BAF Upper: 2
  • BAH Lower: 0
  • BAH Main: 1
  • BAH Upper: 0
  • BR Lower: 0
  • BR Main: 0
  • BR Upper: 3
  • Interior: High Ceilings, Pulldown Attic Stairs, Walk-In Closet(s), Split Bedroom Plan
  • Rooms: Family Room
  • Basement Description: Concrete, Interior Entry, Exterior Entry, Finished, Partial
  • Appliances: Dishwasher, Disposal, Oven/Range (Combo)
  • Flooring: Hardwood, Carpet
Property
Utilities
  • Cooling: Electric, Central Air
  • Heating Type: Electric, Central
  • Utilities: Cable Available, Sewer Connected
  • Water Source: Public
Property and Assessments
  • Tax Year: 2018
  • Construction: Concrete
  • Stories: Two
  • Deed Page: 5
  • Leased Land: No
  • Property Condition: Resale
  • Deed Book: 59536
Room Information
Room Information
  • Diningroom Features: Separate Room

Public Records for 586 Formwalt Street Southwest

Taxable ValueLand$26,160Additions$106,640Total$132,800
Tax Record2023$5,498 ($458 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2Lot Size3,833 SqFtStyleTownhouseYear Built2007ZoningR5CountyFULTONAPN14 007600101568

Schools near 586 Formwalt Street Southwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Dunbar Elementary School
PublicPK to 5

King Middle School
Public6 to 8

Maynard H. Jackson- Jr. High School
Public9 to 12

Wesley International Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pace Lynch Corporation, Bryan Adams

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors.Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS, Tiftarea Board of Realtors is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.