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225 Forsyth Street Southwest

225 Forsyth Street Southwest, Atlanta, GA 30303
Property in South Downtown
225 Forsyth Street Southwest has been categorized by the local assessors in Atlanta, GA as a industrial type of property. The building on the property was first built in 1900 and is 124 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 14,070 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The exterior walls of the building are made of wood. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $15,752 in taxes each year. 225 Forsyth Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,800. If we break it down further, the land itself was valued at $202,800. Improvements to the property, however, were assessed at a total of $140,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Quality: C-
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,070
  • Total Building Area: 14,280
  • Gross Building Area: 14,280
  • Building Area: 14,280
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Industrial
  • Subdivision: PARK
  • Land Acres: 0.323
  • Standard Land Use Code: Warehouse (industrial)
  • Legal Description 1: KA VACANT BLDG. CITY USING THIS TO PARK VEHICLES CB20 VERIFY SQUARE FOOTAGE 519

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jul 26, 2023

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 003500

Zoning

  • Zoning: SPI1

Geography

  • Account Number: 1090504
  • District: 05
  • Parcel: 14 007700080175
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7487
  • Longitude: -84.397

    Address

  • Full Address: 225 Forsyth St Sw
  • Address - House Number: 225
  • Street Segment Direction: SW
  • Address - Street Name: Forsyth
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C039
  • 4-Digit Zip Code: 3741
  • Zip Code: 30303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,752
  • Tax Rate Code Area: 05A

    Market Valuation

  • Market Total Value: $857,000
  • Market Land Value: $507,000
  • Market Improvement Value: $350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,800
  • Assessed Land Value: $202,800
  • Assessed Improvements Value: $140,000

About Downtown Atlanta



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Frequently Asked Questions

What neighborhood is 225 Forsyth Street Southwest located in?
The 225 Forsyth Street Southwest is a located in the neighborhood of South Downtown in Downtown Atlanta, Atlanta.
What is the average sales price for listings in 225 Forsyth Street Southwest?
The average sales price for units in 225 Forsyth Street Southwest is $0 currently.

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