Skip main navigation
Active
    • Price cut: $2K (10/8)
    $112,000

    561 Formwalt St SW Unit 2, Atlanta, GA 30312

    2beds
    588sqft
    : 
    $892/mo
    Get pre-qualified
    Condominium
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $190/sqft
    $-- HOA

    What's special

    Modern finishes throughoutQuartz countertopsFunctional layoutComfortable living spaces
    INCREDIBLE BUYER INCENTIVES: $1,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $1,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 561 Formwalt St SW is a one-story Atlanta home with a functional layout and modern finishes throughout. The kitchen features stainless steel appliances and quartz countertops, creating a polished and well-equipped cooking space. The primary bedroom includes double closets for convenient storage and organization. A deck extends the living space outdoors, creating ample room for relaxation and entertaining. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Included 100-Day Home Warranty with buyer activation
    69 days
    215
    24

    Zillow last checked:

    Listing updated:

    Listed by:

    Tanya Pickens 404-796-8789,

    Opendoor Brokerage,

    Lance Stadler 678-866-0311,

    Opendoor Brokerage

    Source: GAMLS,MLS#: 10831133MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Family Room
      Heating
      • Heat Pump, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Dishwasher, Oven/Range (Combo)
      • Laundry: Other
      Features
      • Other
      • Flooring: Tile, Hardwood
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 588
      • Total interior livable area: 588 sqft
      • Finished area above ground: 588
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 435 Square Feet
      • Features: None
      Details
      • Parcel number: 14 007600101212

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Other, Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available, Electricity Available, Sewer Available

      Community & HOA

      Community
      • Features: None
      • Subdivision: CAPITOL CITY SQUARE
      HOA
      • Has HOA: Yes
      • Services included: Trash, Other
      Location
      • Region: Atlanta

      Financial & listing details

      • Price per square foot: $190/sqft
      • Tax assessed value: $132,500
      • Annual tax amount: $2,168
      • Date on market: 8/21/2026
      • Cumulative days on market: 69 days
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,491/mo

        Price history

        DateEventPrice
        10/8/2026Price change$112,000-1.8%$190/sqft
        Source: FMLS GA #7825751 Report a problem
        9/24/2026Price change$114,000-2.6%$194/sqft
        Source: FMLS GA #7825751 Report a problem
        9/3/2026Price change$117,000-2.5%$199/sqft
        Source: FMLS GA #7825751 Report a problem
        8/22/2026Listed for sale$120,000$204/sqft
        Source: GAMLS #10831133 Report a problem
        8/5/2026Sold$120,000+0.8%$204/sqft
        Source: Public Record Report a problem
        10/8/2015Listing removed$775$1/sqft
        Source: Boundless Management Report a problem
        8/15/2015Listed for rent$775+6.9%$1/sqft
        Source: Boundless Management Report a problem
        8/4/2014Listing removed$725$1/sqft
        Source: Boundless Management Report a problem
        7/4/2014Listed for rent$725+7.4%$1/sqft
        Source: Boundless Management Report a problem
        8/19/2012Listing removed$675$1/sqft
        Source: Boundless Management Report a problem
        7/12/2012Price change$675-3.4%$1/sqft
        Source: Boundless Management Report a problem
        7/6/2012Listed for rent$699$1/sqft
        Source: Boundless Management Report a problem
        4/7/2005Sold$119,000$202/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,168 -12.7%$53,000 -12.7%
        2024$2,484 +28.3%$60,680
        2023$1,936 +27.6%$60,680 +61.9%
        2022$1,517 +3%$37,480 +3.1%
        2021$1,473 -1.1%$36,360 +1.1%
        2020$1,489 +49.2%$35,960 +8.8%
        2019$998 $33,040 +43.7%
        2018$998 $23,000 +145.7%
        2017$998 +121.9%$9,360
        2016$450 +10.7%$9,360
        2015$406 -4.3%$9,360
        2014$424 +79.5%$9,360 +74.6%
        2013$236 +11055.2%$5,360
        2012$2 $5,360 -46.2%
        2011-- $9,960 -65%
        2010$155 $28,480
        2009-- $28,480 -13.6%
        2008-- $32,960 -1.1%
        2007$64 $33,320
        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.
        Get pre-qualified

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Atlanta Topics

                Search
                Updates
                Favorites
                Plan
                Inbox