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Off market
  • $126,400

    561 Formwalt St SW Unit 5, Atlanta, GA 30312

    2beds
    585sqft
    Townhouse
    Built in 1961
    583 Square Feet Lot
    $126,400 Zestimate®
    $216/sqft
    $1,500 Estimated rent

    Home value

    $126,400

    $120,000 - $133,000

    $1,500/mo

    Zestimate® history
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    What's special

    This is recently renovated townhouse with new kitchen and bathroom. All hardwoods floors for easy maintenance. Close to Turner Field and close to downtown. This is a great rental value. In the complex rent varies between $850 to $1050 a month. Gated access for excellent security. All electric unit. Water supplied by the HOA.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • None, Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Washer
    Features
    • Flooring: Hardwood
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 585 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Other
    Lot
    • Size: 583 sqft
    Details
    • Parcel number: 14007600101246

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1961

    Community & neighborhood

    Location
    • Region: Atlanta

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $180 monthly

    Price history

    DateEventPrice
    7/1/2026Listing removed$135,000$231/sqft
    Source: GAMLS #10686034 Report a problem
    2/5/2026Listed for sale$135,000+14.9%$231/sqft
    Source: FMLS GA #7715021 Report a problem
    12/1/2025Listing removed$117,500$201/sqft
    Source: FMLS GA #7637744 Report a problem
    8/23/2025Listed for sale$117,500$201/sqft
    Source: FMLS GA #7637744 Report a problem
    8/1/2025Listing removed$117,500$201/sqft
    Source: FMLS GA #7524995 Report a problem
    6/27/2025Price change$117,500-6%$201/sqft
    Source: FMLS GA #7524995 Report a problem
    5/25/2025Price change$125,000-3.8%$214/sqft
    Source: FMLS GA #7524995 Report a problem
    5/24/2025Price change$130,000-7.1%$222/sqft
    Source: FMLS GA #7524995 Report a problem
    2/14/2025Listed for sale$140,000-6.7%$239/sqft
    Source: FMLS GA #7524995 Report a problem
    2/1/2025Listing removed$150,000+11.1%$256/sqft
    Source: GAMLS #10421146 Report a problem
    12/4/2024Price change$135,000-10%$231/sqft
    Source: FMLS GA #7491872 Report a problem
    11/28/2024Listed for sale$150,000+25%$256/sqft
    Source: FMLS GA #7491872 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/9/2016Listing removed$120,000$205/sqft
    Source: Owner Report a problem
    3/11/2016Listed for sale$120,000+152.6%$205/sqft
    Source: Owner Report a problem
    2/28/2016Listing removed$900$2/sqft
    Source: Boss Home Solutions Report a problem
    1/29/2016Listed for rent$900+29.5%$2/sqft
    Source: Boss Home Solutions Report a problem
    1/19/2016Sold$47,500-13.6%$81/sqft
    Source: GAMLS #7548234 Report a problem
    1/13/2016Pending sale$55,000$94/sqft
    Source: RBS REALTY #07548234 Report a problem
    1/4/2016Listed for sale$55,000$94/sqft
    Source: RBS REALTY #07548234 Report a problem
    12/21/2015Pending sale$55,000$94/sqft
    Source: RBS REALTY #07548234 Report a problem
    11/6/2015Listed for sale$55,000+46.7%$94/sqft
    Source: RBS REALTY #07548234 Report a problem
    12/7/2013Listing removed$695$1/sqft
    Source: One Source Affiliates, Inc Report a problem
    9/7/2013Listed for rent$695$1/sqft
    Source: Solid Source Realty Report a problem
    5/8/2013Sold$37,500+53.1%$64/sqft
    Source: Agent Provided Report a problem
    6/27/2012Listing removed$24,500+25.6%$42/sqft
    Source: Better Homes and Gardens Real Estate Metro Brokers #3189518 Report a problem
    6/22/2012Sold$19,500-79.5%$33/sqft
    Source: Public Record Report a problem
    4/25/2005Sold$94,900$162/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,473 +28.3%$60,400
    2023$1,927 +27.7%$60,400 +62%
    2022$1,509 0%$37,280 +3%
    2021$1,509 +2%$36,200 +1.2%
    2020$1,480 +36.6%$35,760 -6.8%
    2019$1,084 $38,360 +53%
    2018$1,084 $25,080 +145.9%
    2017$1,084 +123%$10,200
    2016$486 +1.2%$10,200
    2015$480 $10,200
    2014$480 +87.6%$10,200 +75.9%
    2013$256 -0.7%$5,800
    2012$258 $5,800 -46.7%
    2011-- $10,880 -69.8%
    2010$1,590 $36,000
    2009-- $36,000 -20.7%
    2008-- $45,400
    2007$478 $45,400

    Find assessor info on the county website

    Neighborhood: Mechanicsville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dunbar / Atlanta City / Fulton County, Ga
    • Middle: King / Atlanta City / Fulton County, Ga
    • High: Mh Jackson Jr / Atlanta City / Fulton County, Ga
    • District: 14

    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
    $126,400
    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
    $126,400