8 months on rocket

5592 Formosa Way, Douglasville, GA, 30135

$1,149,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
6,504 SqFt
$177/SqFt
House
Schools Nearby

Location

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5592 Formosa Way, Douglasville$1,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener, Kitchen Level
Attached Garage3 spaces
Year Built2007
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
WaterfrontNone
FireplaceBasement, Family Room, Master Bedroom
ViewOther
MLS #7260338
Lot Size3.06 Acres
StatusActive

About 5592 Formosa Way

This luxurious estate home is located in rural south Douglas County in the highly coveted development of Chestatee Farms on a very private 3.06 acres and is truly a RARE find! This newly renovated Hamlin Homes custom built, two owner, home was designed to impress and entertain. The total square footage of the home is 6,504 and that includes a fully finished window filled walkout basement. This home is only 45 minutes from Atlanta International Airport. Come experience the grandeur from the lantern lit driveway to the elaborate courtyard entry and stately 8' solid wood and wrought iron door entryway. The inviting foyer draws your eyes up and out to the open living room with two sets of double doors inviting you to the screened porch, creating expansive indoor/outdoor living space. The mantle is hand carved and the gas/wood burning fireplace envelopes the room in warmth and ambiance. This light-filled open floor plan is tastefully accented with generous moldings, coffered ceilings, built-in bookshelves and cabinetry, and gleaming restored hardwood floors. The chef's kitchen is a dream with an imported European farm sink, GE Monogram six burner plus griddle gas stove with dual ovens and a professional grade vent system. Also, the GE Monogram custom fridge with cabinet finish, Reverse Osmosis drinking water filtration system and large serving island area with prep sink are thoughtful upgrades. This gourmet kitchen is complete with a Butleras Pantry, upgraded granite countertops, Italian crackled subway tile backsplash, under cabinet and recessed lighting. Move easily from the kitchen, to the eat-in kitchen area and then to the open and welcoming keeping room. This peaceful retreat offers a vaulted bead-board ceiling with wood beams. Cozy up to a floor to ceiling stacked stone gas/wood fireplace. Gather around the table in the light filled dining room left of the foyer, convenient and open to the kitchen. The oversized owner's suite features restored hardwood flooring, a gas fireplace and a large bay window overlooking serene landscaping. The spa-like owner's bathroom is complete with expansive granite countertops, two sinks and an oversized jacuzzi tub, dual shower heads in the tiled shower and a huge custom built dressing room with hardwood flooring. The main level also features a large office with an Executive desk and integrated wall shelving and cabinetry; the perfect home office. Access the upstairs by an extra wide newly updated wrought iron staircase. A special feature of this level is the generous gaming/playroom/media area with large windows and hardwood floors. This level offers 3 more bedrooms and 2 additional bathrooms, one of which being a Jack and Jill, featuring tiled bath areas with mosaic subway glass tile accents around the tubs. The basement is fully finished with 2' x 2' stone ceramic tile flooring throughout, and offers a gym with a stacked stone wall, mirrored wall and rubber mat flooring for exercising. Natural light flows into the living and dining room areas, perfect for enjoying the gas/wood fireplace and an additional bedroom and full bath. The dining area opens to an outdoor oasis ready for an additional area for entertaining. The lower level also features a heated/cooled workshop and storage room. This home boasts numerous upgraded construction features including: oversized 3 car garage, 2 x 6 framing, 4,000 pound concrete driveway with flagstone entry and enlarged turnaround, 10' high ceilings throughout main level and basement, 9' ceilings on second floor, irrigation system, central vacuum system and 8' doors throughout main level. New updates include: a new HVAC Rheem Prestige system the main floor and basement, new paint throughout interior and exterior, restored hardwood floors throughout the home, upgraded security and irrigation systems, new water line from the street to the home, new lighting, new grout in bathroom and new laundry room. New AT&T fiber optic service available.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2007
  • Living Area: 6,504 SqFt

Listing Office:

  • Office Name: Flat Rock Realty
  • Listing Agent: Kellie Wiggins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Gas Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bookcases, Walk-In Closet(s)
  • Fireplace: Basement, Family Room, Master Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener, Kitchen Level

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Private
  • Lot Size: 3.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Chapel Hill High School, Public District Grades 9-12
  • Fairplay Middle School, Public District Grades 6-8
  • Dorsett Shoals Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,000
  • Price Per SqFt: $177/SqFt

Tax Information:

  • Annual Amount: $8,085
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$324.1K

Med. Price/SqFt

$154

Avg. Days On Market

43

# of Sold Homes

116

5592 Formosa Way vs Douglasville

256 DAYS ON ROCKET

+213 Days

$1,149,000

+$824.8K More

$177/SqFt

+$23 More

KEY TAKEAWAY

This property is $824.8K more than the Median Sold Price and $23/SqFt more than other homes in Douglasville, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7260338

Listing Office:

  • Office Name: Flat Rock Realty
  • Listing Agent: Kellie Wiggins

IDX Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2020Home Sold
$655,000
Aug 19, 2005Home Sold
$1,703,025

Tax History

YEARPROP. TAXASSESSMENT
2020$8,085$247,920
2019$7,136$241,640
2017$6,516$208,720

History based on county public records data.

Payment Calculator

$5,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,511

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.

Elementary School

school-card-donut-2629570
5
/10
  • Dorsett Shoals Elementary School

  • 5866 Dorsett Shoals Rd

  • 1.93 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2629571
6
/10
  • Fairplay Middle School

  • 8311 Highway 166

  • 5.22 miles

  • Public District Grades 6-8

High School

school-card-donut-2629572
6
/10
  • Chapel Hill High School

  • 4899 Chapel Hill Rd

  • 2.90 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,583. Typical income of Douglasville, GA residents is between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Douglasville, GA

Types of housing in Douglasville, GA.

In Douglasville, about three quarters of dwellings are single detached homes, while large apartment buildings are also present in the housing stock. The average year of construction for dwellings in this city is 1994. This city offers mainly four or more bedroom and three bedroom homes. About 70% of the dwellings in the city are occupied by homeowners and 30% are occupied by renters.

What is it like to live in Douglasville, GA?

Douglasville is fairly good for those who enjoy a quiet atmosphere, as the streets are generally calm - however some parts can be quite loud, especially close to the railway line. Access to green spaces, like Jessie Davis Park and Fowler Field, is occasionally challenging in the city since they are distributed sporadically. Still, there are approximately 10 parks nearby for residents to enjoy.

Is it easy to get around Douglasville, GA without a car?

House owners may find it difficult to access high schools and primary schools as pedestrians. Locals can choose between public and private schools at both the elementary and secondary school level. As far as eating is concerned, some home buyers in this city may have the option to buy their groceries by walking in one of about 40 stores, while others will have to use a vehicle. A small number of restaurants and coffee shops can be found as well.

Transportation in Douglasville, GA.

Cars are an excellent transportation option in Douglasville. It is especially convenient to park. However, getting around by transit can be very difficult in Douglasville due to the service's low frequency. Nonetheless, the city is linked by a few bus lines. Douglasville is not very suitable for walking as few daily needs can be carried out without the use of a car.

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Frequently Asked Questions About 5592 Formosa Way

What is the listing price of this property?

The listing price of 5592 Formosa Way property is $1,149,000.

What type of property is this?

The property 5592 Formosa Way is a house located in Douglasville, Georgia, 30135.

Is this property for sale now?

Active Listing: 5592 Formosa Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5592 Formosa Way are:
Dorsett Shoals Elementary School: GreatSchools Rating 5/10
Fairplay Middle School: GreatSchools Rating 6/10
Chapel Hill High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,085 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 9, 2020 for $655,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5592 Formosa Way has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5592 Formosa Way is 6,504 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5592 Formosa Way is 2007.

Rocket Homes›Georgia›Douglas County›Douglasville›30135›5592 Formosa Way

This home is located at 5592 Formosa Way in Douglasville, GA and zip code 30135. This 6,504 square foot home, which was built in 2007, sits on a 3.06 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 11, 2023 and is currently priced at $1,149,000.

In March 2024 more than 28 listings in Douglasville, GA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Douglasville, GA between February 2024 and March 2024 increased by 12.7%. In March 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $324,119.

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

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