1 year on rocket

784 Formwalt St SW, Atlanta, GA, 30315

$69,000

0.04 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
ViewCity
MLS #10185057
Lot Size0.04 Acres
StatusActive

About 784 Formwalt St SW

Incredible residential development opportunity on this level lot in the heart of up and coming Mechanisville. Zoned SPI-18-SA5. Mechanisville Special Public Interest District, which allows for single family development. Walking distance to 2 Beltline entrances and close proximity to the New Pittsburgh Yards multi-million dollar 31-acre mixed used development, future Beltline Southside Corridor& walking distance to The Beltline Westside Trail & Pittman Park. Lot is situated near many of the city's major redevelopment projects - The Met, the former Turner Field and State Farmers Market, which is now a hip Summerhill Food & Restaurant area, Hartsfield-Jackson International Airport, Lee & White Street, Georgia State University and all major highways and minutes from Downtown. Don't miss yourchance to claim your stake in a growing area that is showing appreciation and pegged for growth. Located in the Atlanta Opportunity Zone. Zoning information can be at found at City of Atlanta GIS or FMLS & GAMLS Media. No survey.

Property Details

Property Features

Listing Office:

  • Office Name: Trend Atlanta Realty, Inc.
  • Listing Agent: Brandon Marshall

Exterior Features

Exterior Information:

  • View: City

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.04 Acres

Other

Directions Information:

  • Directions: No sign. Lot is behind 235 Dodd Ave Sw, Atlanta ga on formwalt street

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,000
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

784 Formwalt St SW vs Atlanta

482 DAYS ON ROCKET

+433 Days

$69,000

-$352.4K Less

KEY TAKEAWAY

This property is $352.4K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10185057

Listing Office:

  • Office Name: Trend Atlanta Realty, Inc.
  • Listing Agent: Brandon Marshall

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$412

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$273

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-626252
4
/10
  • Gideons Elementary School

  • 897 Welch St SW

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-626253
3
/10
  • Dunbar Elementary School

  • 500 Whitehall Ter SW

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-626254
4
/10
  • Barack & Michelle Obama Academy

  • 970 Martin St SE

  • 0.86 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,549. The majority of Atlanta, GA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 784 Formwalt St SW

What is the listing price of this property?

The listing price of 784 Formwalt St SW property is $69,000.

What type of property is this?

The property 784 Formwalt St SW is land located in Atlanta, Georgia, 30315.

Is this property for sale now?

Active Listing: 784 Formwalt St SW is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 784 Formwalt St SW is 0.04 acres.
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Rocket HomesGeorgiaFulton CountyAtlanta30315784 Formwalt St SW

This home is located at 784 Formwalt St SW in Atlanta, GA and zip code 30315 in the Southwestern Atlanta neighborhood. This home sits on a 0.04 acre lot. It has been listed on Rocket Homes since July 25, 2023 and is currently priced at $69,000.

Atlanta, GA housing market in October 2024 saw over 184 listings sold above listed price, more than 249 sold at listed price and over 591 sold below. The inventory of homes for sale in Atlanta, GA between September 2024 and October 2024 increased by 15.6%. Listings spent 49 days on the market in October 2024, and had a median list price of $421,449 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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