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NeighborhoodReport

Formwalt St

Stone Mountain, GA 30087
2
Homes
1
Streets
$328,800
Avg Home

Address Directory

1 641 Formwalt St Sw

Owner: Ergo I Real Estate Investments LLC

2 693 Formwalt St Sw

Owner: Ergo Ii Real Estate Investments LLC

Source: County assessor records, public records & state business filings · Updated Feb 2026

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Discover other neighborhoods in Stone Mountain, GA and compare what they have to offer.

Schools & Education

Part of DeKalb County School District. 3 nearby schools serving this area.

E
Elementary

Stone Mountain Elementary School

Score 16/100
Enrollment 565
Distance 0.1 mi
M
Middle

The Champion Middle Theme School

Score 31/100
Enrollment 799
Distance 0.2 mi
H
High School

Redan High School

Enrollment 1,025
Distance 0.7 mi

Source: National Center for Education Statistics (NCES) · Updated Feb 2026

At a Glance

Avg Home Value
$328,800
Est. Monthly Cost
$1,800
$1,663 mortgage · N/A tax
Best School
31/100
3 nearby schools
Stability
Stable
55/100
2 homes · 1 street

Formwalt St exhibits moderate stability with a mix of long-term and newer residents.

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Frequently Asked Questions

What is the average home value in Formwalt St?
The average assessed property value in Formwalt St is $328,800, with average annual property taxes of N/A.
What school district is Formwalt St in?
Formwalt St is served by DeKalb County School District. The highest-rated nearby school scores 31/100.
How many homes are in Formwalt St?
Formwalt St in Stone Mountain, GA has 2 homes across 1 street.
Is Formwalt St good for families?
Formwalt St is served by DeKalb County School District (top school score: 31/100), average home value of $328,800. The neighborhood has 2 homes across 1 street, providing a close-knit community for families.
How much does it cost to live in Formwalt St?
The average assessed home value is $328,800, and the estimated total monthly housing cost (mortgage, taxes, and insurance) is approximately $1,800. These estimates are based on a 30-year mortgage at 6.5% with 20% down.
What elementary school serves Formwalt St?
The nearest elementary school is Stone Mountain Elementary School, located 0.1 miles away. It has 565 students enrolled.
What high school serves Formwalt St?
The nearest high school is Redan High School, located 0.7 miles away.
Is Formwalt St a stable neighborhood?
Formwalt St has a stability score of 55/100, classified as "Stable." This indicates moderate stability with some residential turnover.

Data Sources & Methodology

6 verified data sources power this report

Property tax & valuation records

Federal education statistics

Healthcare facility & outcome data

Transportation & hazard data

5-year community survey estimates

Housing market indicators

Last updated:

View full methodology

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