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  • $138,500

    561 Formwalt St SW Unit 6, Atlanta, GA 30312

    2beds
    583sqft
    Condominium, Mid Rise
    Built in 1961
    -- sqft lot
    $135,600 Zestimate®
    $238/sqft
    $1,813 Estimated rent

    Home value

    $135,600

    $123,000 - $149,000

    $1,813/mo

    Zestimate® history
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    What's special

    Welcome to your new sanctuary at 571 Formwalt St, SW Atlanta, GA 30312, a beautifully modern condo that perfectly blends style with functionality. Ideal for college students or parents looking for a vibrant community setting, this 2-bedroom, 1-bathroom gem is truly a rare find in the heart of Atlanta. Upon entering, youCOll be greeted by a contemporary design that features sleek finishes and an open layout, making it perfect for both entertaining and everyday living. The cozy living area flows seamlessly into the chic kitchen, where modern appliances and ample counter space await culinary enthusiasts. Each bedroom offers the comfort and privacy essential for busy students or family members, creating a peaceful retreat at the end of the day. Located in a gated community, the security and serene environment you crave while still enjoying urban living are right at your fingertips. The walkability of this neighborhood is exceptional, allowing you to explore local parks, cafes, and shops with ease. Education is just a stone's throw away, with prominent institutions nearby. The renowned Morehouse College and Atlanta Metropolitan State College are each under 2 miles from your new home, making your commute hassle-free. For those who enjoy outdoor activities, the picturesque Grant ParkCohome to the Atlanta ZooCois only 1.5 miles away, offering lush green spaces for relaxation or recreational pursuits. Additionally, you'll find delightful dining options just around the corner, such as the popular Grant Park Coffeehouse and other local eateries. Living at 571 Formwalt St. not only offers a modern lifestyle but also a connected community experienceCoa perfect combination for students or those supporting them. This is more than just a home; it's a lifestyle that encourages growth and enrichment. DonCOt miss your chance to own this contemporary condo in such a prime location! Schedule a viewing today to experience everything this exceptional property has to offer. Reach out now to secure your new home in Atlanta!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Smith 404-457-8525,

    Coldwell Banker Realty

    Bought with:

    Larry Gore, 417814

    HomeSmart

    Source: GAMLS,MLS#: 10490030MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Laundry
    Kitchen
    • Features: Solid Surface Counters
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater, Microwave, Refrigerator
    • Laundry: In Hall
    Features
    • High Ceilings, Roommate Plan
    • Flooring: Hardwood, Tile
    • Windows: Double Pane Windows
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls,No One Above
    Interior area
    • Total structure area: 583
    • Total interior livable area: 583 sqft
    • Finished area above ground: 583
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony
    • Fencing: Fenced
    • Has view: Yes
    • View description: City
    • Body of water: None
    Lot
    • Size: 566 Square Feet
    • Features: City Lot, Level, Private
    Details
    • Parcel number: 14 007600101253

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Brick 4 Side
    • Property subtype: Condominium, Mid Rise
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1961

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gated
    • Security: Smoke Detector(s)
    • Subdivision: Capital City Square
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Maintenance Structure, Maintenance Grounds, Management Fee
    • HOA fee: $3,960 annually
    Location
    • Region: Atlanta

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $131,900
    • Annual tax amount: $2,473
    • Date on market: 3/25/2025
    • Cumulative days on market: 16 days
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/19/2025Listing removed$1,400$2/sqft
    Source: Zillow Rentals Report a problem
    5/30/2025Sold$138,500+2.6%$238/sqft
    Source: GAMLS #10490030 Report a problem
    5/13/2025Pending sale$135,000$232/sqft
    Source: FMLS GA #7549900 Report a problem
    3/29/2025Listed for sale$135,000+33.8%$232/sqft
    Source: FMLS GA #7549900 Report a problem
    3/20/2025Price change$1,400-3.4%$2/sqft
    Source: Zillow Rentals Report a problem
    2/6/2025Price change$1,450-3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    12/20/2024Price change$1,500-6.3%$3/sqft
    Source: Zillow Rentals Report a problem
    12/7/2024Price change$1,600-3%$3/sqft
    Source: Zillow Rentals Report a problem
    10/10/2024Listed for rent$1,650+13.8%$3/sqft
    Source: Zillow Rentals Report a problem
    2/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/10/2023Price change$1,450-9.4%$2/sqft
    Source: Zillow Rentals Report a problem
    1/6/2023Listed for rent$1,600+100%$3/sqft
    Source: Zillow Rentals Report a problem
    8/19/2014Listing removed$800$1/sqft
    Source: Y'Crad Properties., LLC Report a problem
    6/15/2014Listed for rent$800$1/sqft
    Source: Y'Crad Properties., LLC Report a problem
    1/1/2014Listing removed$800$1/sqft
    Source: Coldwell Banker Residential Brokerage - Intown #5209807 Report a problem
    10/8/2013Listed for rent$800$1/sqft
    Source: Coldwell Banker residential Brokerage Report a problem
    9/7/2006Sold$100,900+1%$173/sqft
    Source: Public Record Report a problem
    4/8/2005Sold$99,900$171/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,158 -12.7%$52,760 -12.6%
    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 +3.8%$10,200
    2014$462 $10,200 +75.9%
    2013-- $5,800
    2012$258 $5,800 -46.7%
    2011-- $10,880 -69.8%
    2010$1,590 +319.4%$36,000
    2009$379 $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
    • 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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    Estimated market value
    $135,600
    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
    $135,600