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Off market
    • Zestimate®
    $117,400

    561 Formwalt St SW Unit 3, Atlanta, GA 30312

    2beds
    1baths
    620sqft
    Condo
    Built in 1961
    -- sqft lot
    $117,400 Zestimate®
    $189/sqft
    $1,569 Estimated rent

    Home value

    $117,400

    $106,000 - $129,000

    $1,569/mo

    Zestimate® history

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    What's special

    RUN! Don't walk, to this gated 2 bedroom condo! Recently renovated. Private rear deck, exposed brick, stainless steel appliances, and a close proximity to Downtown Atlanta, CNN Studio, Grady Hospital, popular restaurants and Atlanta night life! These condos were renovated when converted and have updated systems, high quality double pane windows, stainless steel appliances and granite counters. . 2020-07-30

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal
    Features
    • Other
    • Basement: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 620 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 618 Square Feet
    • Features: Other
    Details
    • Parcel number: 14007600101220

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mid-Rise (up to 5 stories)
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Resale
    • Year built: 1961

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security Gate, Secured Garage/Parking
    HOA
    • Has HOA: Yes
    • HOA fee: $220 monthly
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $136,400
    • Annual tax amount: $2,232
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/6/2026Listing removed$1,450$2/sqft
    Source: FMLS GA #7695189 Report a problem
    12/23/2025Listed for rent$1,450-13.4%$2/sqft
    Source: FMLS GA #7695189 Report a problem
    11/25/2024Listing removed$1,675+6.3%$3/sqft
    Source: HomeSmart Report a problem
    10/29/2024Price change$1,575-4.5%$3/sqft
    Source: HomeSmart Report a problem
    9/13/2024Listed for rent$1,650$3/sqft
    Source: HomeSmart Report a problem
    8/19/2022Sold$150,000-11.7%$242/sqft
    Source: FMLS GA #7059810 Report a problem
    7/31/2022Pending sale$169,900$274/sqft
    Source: FMLS GA #7059810 Report a problem
    7/28/2022Contingent$169,900$274/sqft
    Source: FMLS GA #7059810 Report a problem
    7/28/2022Pending sale$169,900$274/sqft
    Source: GAMLS #10055425 Report a problem
    6/18/2022Price change$169,900-2.9%$274/sqft
    Source: GAMLS #10055425 Report a problem
    6/3/2022Listed for sale$174,900+20.6%$282/sqft
    Source: GAMLS #10055425 Report a problem
    11/1/2021Listing removed$145,000$234/sqft
    Source: GAMLS #9066401 Report a problem
    10/14/2021Listed for sale$145,000$234/sqft
    Source: GAMLS #9066401 Report a problem
    10/14/2021Listing removed$145,000$234/sqft
    Source: GAMLS #8985345 Report a problem
    9/10/2021Listed for sale$145,000$234/sqft
    Source: GAMLS #8985345 Report a problem
    8/10/2021Pending sale$145,000$234/sqft
    Source: GAMLS #8985345 Report a problem
    7/9/2021Listed for sale$145,000+16%$234/sqft
    Source: GAMLS #8985345 Report a problem
    11/4/2020Listing removed$125,000$202/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties - Coweta County #6678845 Report a problem
    6/18/2020Price change$125,000-11.3%$202/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties - Coweta County #6678845 Report a problem
    6/13/2020Pending sale$140,900+12.7%$227/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties - Coweta County #6678845 Report a problem
    6/7/2020Price change$125,000-11.3%$202/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties - Coweta County #6678845 Report a problem
    4/17/2020Price change$140,900-3.4%$227/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties - Coweta County #6678845 Report a problem
    2/10/2020Listed for sale$145,900+53.6%$235/sqft
    Source: Berkshire Hathaway HomeServices Georgia Properties #6678845 Report a problem
    8/1/2017Listing removed$95,000$153/sqft
    Source: PalmerHouse Properties #5795254 Report a problem
    1/20/2017Listed for sale$95,000-15.9%$153/sqft
    Source: PalmerHouse Properties #5795254 Report a problem
    10/4/2005Sold$113,000$182/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,232 -12.7%$54,560 -12.7%
    2024$2,558 $62,480 +4.1%
    2023-- $60,000 +55.6%
    2022$289 -5.6%$38,560 +3%
    2021$307 -80%$37,440 +1.2%
    2020$1,532 +1507.2%$37,000 +8.8%
    2019$95 $34,000 +43.6%
    2018$95 $23,680 +144.6%
    2017$95 +110.2%$9,680
    2016$45 -18.2%$9,680
    2015$55 +247.1%$9,680
    2014$16 +72.5%$9,680 +74.1%
    2013$9 -1.9%$5,560
    2012$9 -48.9%$5,560 -45.9%
    2011$18 -89.9%$10,280 -64.9%
    2010$183 +233.2%$29,320
    2009$55 $29,320 -13.6%
    2008-- $33,920 -1.3%
    2007$17 $34,360
    Find assessor info on the county website

    Neighborhood: Mechanicsville

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dunbar
    • Middle: King
    • High: Maynard H. Jackson/ Jr.

    Source: The MLS. 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

    $117,400

    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

    $117,400

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