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  • $135,000

    561 Formwalt St SW Unit 10, Atlanta, GA 30312

    2beds
    620sqft
    : 
    $1,358/mo
    Get pre-qualified
    Condominium
    Built in 1962
    -- sqft lot
    $133,800 Zestimate®
    $218/sqft
    $330/mo HOA

    What's special

    Beautifully updated condoPlenty of natural lightNew toiletThoughtful updates throughoutNew vanityBright refreshed kitchenOriginal hardwood floors
    Move-in ready with modern upgrades and timeless character, and ideal for first-time homebuyers in the heart of Atlanta, this inviting two bedroom, one bathroom condominium residence features original hardwood floors, a freshly painted interior, and thoughtful updates throughout. The bright, refreshed kitchen is equipped with a brand-new induction range, new refrigerator, ample cabinet space, and plenty of natural light, making it both functional and inviting. The renovated bathroom features a new vanity, new toilet, and a professionally resurfaced tub/shower. All appliances have been well maintained, providing peace of mind for the next owner. The condo is also equipped with an EV Charging station as well as a parking space inside the gate. Enjoy low-maintenance living in a convenient intown location just minutes from Downtown Atlanta, Georgia State University, Summerhill, Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, the BeltLine, shopping, restaurants, parks, MARTA, and major interstates, making commuting throughout Metro Atlanta quick and convenient. This home is an outstanding opportunity for first-time buyers, students, healthcare professionals, or anyone seeking an affordable intown lifestyle with easy access to Atlanta's business, entertainment, and cultural districts. Investors should also verify leasing opportunities with the homeowners association. Whether you're searching for your first home, a low-maintenance primary residence, or an affordable opportunity in one of Atlanta's most convenient locations, this beautifully updated condo checks all the boxes. Don't miss your chance to own a move-in-ready home close to everything Atlanta has to offer. Schedule your private showing today!
    8 days
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    173
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Rose 4042747136,

    BHHS Georgia Properties

    Source: GAMLS,MLS#: 10819422MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Other
      Heating
      • Central
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Disposal
      • Laundry: Laundry Closet
      Features
      • Other
      • Flooring: Hardwood
      • Windows: Double Pane Windows
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 620
      • Total interior livable area: 620 sqft
      • Finished area above ground: 620
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Exterior features: Balcony
      • Fencing: Fenced
      Lot
      • Size: 609 Square Feet
      • Features: Level
      Details
      • Parcel number: 14 007600101295

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Brick/Frame
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available, Phone Available

      Community & HOA

      Community
      • Features: None
      • Subdivision: Capitol City Square
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Structure, Maintenance Grounds, Security, Sewer, Trash, Pest Control, Water
      • HOA fee: $3,960 annually
      Location
      • Region: Atlanta

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $136,400
      • Annual tax amount: $429
      • Date on market: 8/10/2026
      • Cumulative days on market: 8 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $133,800

        $127,000 - $140,000

        $1,683/mo

        Price history

        DateEventPrice
        8/10/2026Listed for sale$135,000+11.1%$218/sqft
        Source: GAMLS #10819422 Report a problem
        2/19/2026Sold$121,500-5.8%$196/sqft
        Source: GAMLS #10650254 Report a problem
        2/7/2026Pending sale$129,000$208/sqft
        Source: FMLS GA #7686424 Report a problem
        12/19/2025Price change$129,000-6.9%$208/sqft
        Source: FMLS GA #7686424 Report a problem
        11/28/2025Listed for sale$138,500$223/sqft
        Source: FMLS GA #7686424 Report a problem
        11/19/2025Listing removed$138,500$223/sqft
        Source: GAMLS #10635310 Report a problem
        10/31/2025Listed for sale$138,500-6.4%$223/sqft
        Source: FMLS GA #7666406 Report a problem
        9/27/2025Listing removed$1,500$2/sqft
        Source: HomeSmart Report a problem
        2/5/2025Price change$1,500-10.4%$2/sqft
        Source: HomeSmart Report a problem
        2/4/2025Listed for rent$1,675+139.3%$3/sqft
        Source: HomeSmart Report a problem
        2/1/2025Listing removed$148,000$239/sqft
        Source: GAMLS #10421055 Report a problem
        12/2/2024Listed for sale$148,000-3.3%$239/sqft
        Source: FMLS GA #7492084 Report a problem
        11/24/2024Listing removed$153,000$247/sqft
        Source: FMLS GA #7468939 Report a problem
        11/19/2024Price change$153,000-1.3%$247/sqft
        Source: GAMLS #10398823 Report a problem
        10/28/2024Price change$155,000-1.3%$250/sqft
        Source: FMLS GA #7468939 Report a problem
        10/19/2024Listed for sale$157,000+69.7%$253/sqft
        Source: FMLS GA #7468939 Report a problem
        1/18/2019Sold$92,500+65.2%$149/sqft
        Source: FMLS GA #6097502 Report a problem
        11/30/2015Sold$56,000-13.8%$90/sqft
        Source: Public Record Report a problem
        9/29/2015Listed for sale$65,000+251.4%$105/sqft
        Source: PROPERTY SERVICES OF ATLANTA #07530140 Report a problem
        8/13/2014Listing removed$700$1/sqft
        Source: Vestlet Property Management Report a problem
        6/7/2014Listed for rent$700$1/sqft
        Source: Vestlet Property Management Report a problem
        12/13/2011Sold$18,500-5.1%$30/sqft
        Source: Public Record Report a problem
        8/3/2011Price change$19,500-21.7%$31/sqft
        Source: RE/MAX Greater Atlanta #4250618 Report a problem
        7/19/2011Listed for sale$24,900$40/sqft
        Source: RE/MAX Greater Atlanta #4250618 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$429 -18.2%$54,560 -12.7%
        2024$524 +346.4%$62,480
        2023$117 -69.5%$62,480 +62%
        2022$386 +4.9%$38,560 +3%
        2021$368 -76%$37,440 +1.2%
        2020$1,532 +49.3%$37,000 +8.8%
        2019$1,026 $34,000 +43.6%
        2018$1,026 $23,680 +5.7%
        2017$1,026 +1.3%$22,400
        2016$1,013 +141%$22,400 +131.4%
        2015$420 $9,680
        2014$420 +71.3%$9,680 +74.1%
        2013$245 -0.7%$5,560
        2012$247 $5,560 -45.9%
        2011-- $10,280 -69.7%
        2010$1,498 +319.4%$33,920
        2009$357 $33,920 -20.8%
        2008-- $42,840 -0.1%
        2007$452 $42,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mechanicsville

        Getting around

        61 / 100
        Somewhat Walkable
        62 / 100
        Good Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dunbar
        • Middle: King
        • High: MH Jackson Jr

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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