Your opportunity to own a piece of Atlanta starts here! No HOA rental restrictions! Whether you're looking to expand your investment portfolio or purchase your first home, this 1-bedroom, 1-bath condo offers exceptional flexibility in the heart of Atlanta. Enjoy a functional layout and low-maintenance living just minutes from Downtown Atlanta, Mercedes-Benz Stadium, State Farm Arena, Georgia State University, the Georgia State Capitol, major interstates, restaurants, and entertainment. Whether you're planning to live in it or lease it, this is an incredible opportunity to own a piece of one of Atlanta's fastest-growing areas.
Pending
$125,000
562 Formwalt St SW APT 4, Atlanta, GA 30312
1beds
576sqft
:
Get pre-qualified$952/mo
Condominium
Built in 1961
-- sqft lot
$120,100 Zestimate®
$217/sqft
$-- HOA
What's special
Functional layout
- 36 days |
- 133 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Mel Love 404-798-5930,
Serhant Georgia
Source: GAMLS,MLS#: 10800605
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Family Room, Loft
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven/Range (Combo), Refrigerator
- Laundry: In Kitchen
Features
- Master On Main Level
- Flooring: Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 576
- Total interior livable area: 576 sqft
- Finished area above ground: 576
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 566 Square Feet
- Features: None
Details
- Parcel number: 14 007600101535
- Special conditions: As Is,Investor Owned,No Disclosure
Construction
Type & style
- Home type: Condo
- Architectural style: Brick 3 Side,European,Other
- Property subtype: Condominium
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, High Speed Internet, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks, Street Lights, Near Public Transport, Walk To Schools
- Subdivision: CAPITOL 8 CONDOS
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Pest Control, Sewer, Trash, Water
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $217/sqft
- Annual tax amount: $2,431
- Date on market: 7/7/2026
- Cumulative days on market: 36 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
Zestimate®
$120,100
Estimated sales range
$114,000 - $126,000
Rent Zestimate®
$1,552/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Pending sale | $125,000$217/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $125,000+34.4%$217/sqft |
Source: | ||
| 7/17/2025 | Listing removed | $175,000$304/sqft |
Source: GAMLS #10512221 Report a problem | ||
| 5/1/2025 | Listed for rent | $175,000+24037.9%$304/sqft |
Source: GAMLS #10512221 Report a problem | ||
| 10/9/2019 | Sold | $93,000-6.5%$161/sqft |
Source: | ||
| 9/26/2019 | Pending sale | $99,500$173/sqft |
Source: Keller Williams Buckhead #6612151 Report a problem | ||
| 9/19/2019 | Price change | $99,500-0.5%$173/sqft |
Source: Keller Williams Buckhead #6612151 Report a problem | ||
| 9/4/2019 | Listed for sale | $100,000+53.8%$174/sqft |
Source: Keller Williams Buckhead #6612151 Report a problem | ||
| 9/15/2017 | Listing removed | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #5809916 Report a problem | ||
| 9/15/2017 | Listed for sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #5809916 Report a problem | ||
| 9/15/2017 | Pending sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #5809916 Report a problem | ||
| 9/15/2017 | Listed for sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #5809916 Report a problem | ||
| 9/13/2017 | Sold | $65,000$113/sqft |
Source: | ||
| 8/25/2017 | Pending sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #8141042 Report a problem | ||
| 8/8/2017 | Listed for sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #8141042 Report a problem | ||
| 6/14/2017 | Pending sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #8141042 Report a problem | ||
| 2/24/2017 | Listed for sale | $65,000$113/sqft |
Source: BHGRE METRO BROKERS #8141042 Report a problem | ||
| 9/22/2016 | Listing removed | $725+4.3%$1/sqft |
Source: Boundless Management Report a problem | ||
| 3/11/2015 | Listing removed | $695$1/sqft |
Source: Boundless Management Report a problem | ||
| 2/23/2015 | Listed for rent | $695+6.9%$1/sqft |
Source: Boundless Management Report a problem | ||
| 6/21/2012 | Listing removed | $650$1/sqft |
Source: Boundless Management Report a problem | ||
| 4/21/2012 | Listed for rent | $650$1/sqft |
Source: Boundless Management Report a problem | ||
| 10/17/2011 | Listing removed | $650$1/sqft |
Source: Boundless Management Report a problem | ||
| 9/1/2011 | Listed for rent | $650$1/sqft |
Source: Rentals.com Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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: 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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