500 Formwalt Street Southwest

Local assessors in Atlanta, GA have categorized 500 Formwalt Street Southwest as a vacant type of property. The property's lot size has been calculated to be 2,222 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their 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. According to our sources, 500 Formwalt Street Southwest sold most recently in Dec 14, 2021 for a total of $490,000. Before that, the property was also sold for $7,109 in Feb 2, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,057 in taxes each year. The initial year of tax delinquency occurred in 2022. 500 Formwalt Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,800. If we break it down further, the land itself was valued at $25,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.