Offering $4,000 in seller concessions! Welcome home to this beautifully updated 2-bedroom, 1-bath condo in the heart of Atlanta! Perfect for a first-time buyer, this move-in-ready unit blends modern updates with timeless charm, including original hardwood floors that add warmth and character the moment you walk in. Inside, you’ll enjoy a freshly painted interior, an updated kitchen with a brand-new conduction stove and new refrigerator, and a refreshed bathroom with new vanity, toilet, and resurface shower/tub. All appliances have been regularly maintained and in great working order. Located just two miles from Atlanta’s top attractions—including State Farm Arena, Mercedes-Benz Stadium, Summerhill, and GSU—you’ll be close to everything: dining, entertainment, and major transportation hubs. Best of all, this home qualifies for Invest Atlanta down-payment assistance programs with grants up to $20,000, making ownership even more achievable.If you're dreaming of an affordable, updated home in a prime location—this is it. Welcome to your Atlanta beginning!
Closed
$121,500
561 Formwalt St SW Unit 10, Atlanta, GA 30312
2beds
620sqft
Condominium, Residential
Built in 1962
-- sqft lot
$122,800 Zestimate®
$196/sqft
$1,547 Estimated rent
Home value
$122,800
$113,000 - $134,000
$1,547/mo
Zestimate® history
Owner options
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$1,106/mo
Est. payment
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$1,106/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Madeline Coffin,
The Armani Agency, LLC 404-876-4901
Bought with:
Leslie Rose, 374469
Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS GA,MLS#: 7686424
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: Stone Counters
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 620
- Total interior livable area: 620 sqft
- Finished area above ground: 620
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch
- Exterior features: Courtyard, No Dock
- Pool features: None
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 618.55 sqft
- Features: Level
Details
- Additional structures: None
- Parcel number: 14 007600101295
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Brick 4 Sides
- Foundation: Brick/Mortar
- 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, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
- Water conservation: Low-Flow Fixtures
Community & neighborhood
Security
- Security features: Fire Alarm, Security Gate
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: Capitol City Square
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $330 monthly
- Services included: Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Termite, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Condominium
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $121,500-5.8%$196/sqft |
Source:  FMLS GA #7686424 Report a problem | ||
| 2/7/2026 | Pending sale | $129,000$208/sqft |
Source: FMLS GA #7686424 Report a problem | ||
| 12/19/2025 | Price change | $129,000-6.9%$208/sqft |
Source: FMLS GA #7686424 Report a problem | ||
| 11/28/2025 | Listed for sale | $138,500$223/sqft |
Source: FMLS GA #7686424 Report a problem | ||
| 11/19/2025 | Listing removed | $138,500$223/sqft |
Source:  GAMLS #10635310 Report a problem | ||
| 10/31/2025 | Listed for sale | $138,500-6.4%$223/sqft |
Source: FMLS GA #7666406 Report a problem | ||
| 9/27/2025 | Listing removed | $1,500$2/sqft |
Source:  HomeSmart Report a problem | ||
| 2/5/2025 | Price change | $1,500-10.4%$2/sqft |
Source: HomeSmart Report a problem | ||
| 2/4/2025 | Listed for rent | $1,675+139.3%$3/sqft |
Source: HomeSmart Report a problem | ||
| 2/1/2025 | Listing removed | $148,000$239/sqft |
Source: GAMLS #10421055 Report a problem | ||
| 12/2/2024 | Listed for sale | $148,000-3.3%$239/sqft |
Source: FMLS GA #7492084 Report a problem | ||
| 11/24/2024 | Listing removed | $153,000$247/sqft |
Source: FMLS GA #7468939 Report a problem | ||
| 11/19/2024 | Price change | $153,000-1.3%$247/sqft |
Source: GAMLS #10398823 Report a problem | ||
| 10/28/2024 | Price change | $155,000-1.3%$250/sqft |
Source: FMLS GA #7468939 Report a problem | ||
| 10/19/2024 | Listed for sale | $157,000+69.7%$253/sqft |
Source: FMLS GA #7468939 Report a problem | ||
| 1/18/2019 | Sold | $92,500+65.2%$149/sqft |
Source:  FMLS GA #6097502 Report a problem | ||
| 11/30/2015 | Sold | $56,000-13.8%$90/sqft |
Source: Public Record Report a problem | ||
| 9/29/2015 | Listed for sale | $65,000+251.4%$105/sqft |
Source: PROPERTY SERVICES OF ATLANTA #07530140 Report a problem | ||
| 8/13/2014 | Listing removed | $700$1/sqft |
Source: Vestlet Property Management Report a problem | ||
| 6/7/2014 | Listed for rent | $700$1/sqft |
Source: Vestlet Property Management Report a problem | ||
| 12/13/2011 | Sold | $18,500-5.1%$30/sqft |
Source: Public Record Report a problem | ||
| 8/3/2011 | Price change | $19,500-21.7%$31/sqft |
Source: RE/MAX Greater Atlanta #4250618 Report a problem | ||
| 7/19/2011 | Listed for sale | $24,900$40/sqft |
Source: RE/MAX Greater Atlanta #4250618 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Neighborhood: Mechanicsville
Nearby schools
GreatSchools rating
- 4/10Dunbar Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Maynard H. Jackson- Jr. High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Paul L. Dunbar
- Middle: Martin L. King Jr.
- High: Maynard Jackson
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$122,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$122,800
- Georgia
- Fulton County
- Atlanta
- 30312
- Mechanicsville
- 561 Formwalt St SW Unit 10
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