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5602 Formosa Way

5602 Formosa Way, Douglasville, GA 30135
This has been categorized as a vacant property type. In total, the area measurement of the land is 121,097 square feet.

Learn more about the property and building on this page. 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, 5602 Formosa Way sold most recently in Jan 22, 2021 for a total of $60,000. Before that, the property was also sold for $32,000 in Oct 23, 2013. 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 $763 in taxes each year. The initial year of tax delinquency occurred in 2022. 5602 Formosa Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $24,000. If we break it down further, the land itself was valued at $24,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 121,097
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: CHESTATEE FARMS
  • Land Acres: 2.78
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: V/2.779 ACRES LOT #42 CHESTATEE FARMS U-4

Ownership

  • Current Owner : BYRD TRAVIUM
  • Current Owner 2: RUFFIN SHAWNTILAYA
  • Previous Owner : ADA RENTAL PROPERTIES LLC
  • Owner Before Previous Owner: HAMILTON STATE BANK

Neighborhood

  • School District Name: Douglas County School District
  • Census Tract: 080514

Zoning

  • Zoning: PUD

Geography

  • Account Number: 44758
  • District: 25
  • Section: 5
  • Parcel: 0002-02-5- -00055
  • Block: U-4
  • Lot: 2
  • Municipality: COUNTY - UNINCORPORATED
  • Latitude: 33.6546
  • Longitude: -84.7676

    Address

  • Full Address: 5602 Formosa Way
  • Address - House Number: 5602
  • Address - Street Name: Formosa
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Douglasville
  • Carrier Code: R053
  • 4-Digit Zip Code: 5649
  • Zip Code: 30135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $763
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: COUNTY

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $60,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $24,000

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Transaction ID: 11822068533
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-000370
  • Previous Sale Recording Date: Oct 23, 2013
  • Previous Sale Contract Date: Oct 23, 2013
  • Previous Sale Amount: $32,000
  • Previous Sale Document Type: Warranty Deed

About Chestatee Farms



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Frequently Asked Questions

What neighborhood is 5602 Formosa Way located in?
The 5602 Formosa Way is a land located in the neighborhood of Chestatee Farms in Chestatee Farms, Douglasville.
What is the average sales price for listings in 5602 Formosa Way?
The average sales price for units in 5602 Formosa Way is $0 currently.

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