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    Property profile & analytics

    457 Formwalt SW St Atlanta, GA 30312-2685

    • Garden apartment buildings
    • 5,670 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 03, 2020
    $66,000
    Location Intelligence
    Property ID
    US22-0683014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 457 Formwalt SW St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    5,670 SF
    Zone code
    RG3
    Property type
    Garden apartment buildings
    APN
    14 007600041392
    APU
    14007600041392

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton
    State
    Georgia
    Longitude
    -84.396
    Latitude
    33.7424
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,803
    $60,000
    $104,320
    $164,320
    -
    $150,000
    $260,800
    $410,800

    Comparable in this City

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      $365,000
      8,456 SF

      333 Angier NE Ave

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    • Value Estimation
      $1,505,000
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      412 Todd SE St

      GARDEN APT, COURT APT (5+ UNITS) • 3,432 SF
      412 Todd SE St, Atlanta, GA 30312-1879
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    • Value Estimation
      $970,000
      11,440 SF

      55 Bradley SE St

      GARDEN APT, COURT APT (5+ UNITS) • 11,440 SF
      55 Bradley SE St, Atlanta, GA 30312-1955
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    • Value Estimation by Request
      6,084 SF

      58 Bradley SE St

      GARDEN APT, COURT APT (5+ UNITS) • 6,084 SF
      58 Bradley SE St, Atlanta, GA 30312-1960
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    • Value Estimation by Request
      23,712 SF

      419 Chamberlain SE St

      GARDEN APT, COURT APT (5+ UNITS) • 23,712 SF
      419 Chamberlain SE St, Atlanta, GA 30312-1833
      View Details
    • Value Estimation
      $310,000
      1,850 SF

      272 Glenn SW St

      GARDEN APT, COURT APT (5+ UNITS) • 1,850 SF
      272 Glenn SW St, Atlanta, GA 30312-2646
      View Details

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    Atlanta, GA 30312-2685
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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