NOT LISTED FOR SALE

561 Formwalt St SW Unit 11 Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated Value: $130,000 - $132,976

2 Beds
1 Bath
600 Sq Ft
610 Sq Ft Lot

Highlights

  • City View
  • Open to Family Room
  • Restaurant
  • Deck
  • Living Room
  • 1-Story Property

About This Home

As of July 2021

2 Bed 1 Bath fully rehabbed condo in a gated community available for immediate lease. This condo is convenient to major highways, downtown, restaurants, and all types of entertainment. Contact us today, this condo will not last!

Last Agent to Rent the Property

Stewart Hoy

Specialized Property Management License #406389 Listed on: 07/07/2021

Last Renter's Agent

NON-MLS NMLS

Non FMLS Member

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1961

Lot Details

  • Two or More Common Walls
  • Wood Fence

Parking

  • Parking Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Laminate Flooring
  • City Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Location

  • Property is near schools
  • Property is near shops

Schools

  • Paul L. Dunbar Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $950
  • 12 Month Lease Term
  • $79 Application Fee

Community Details

Pet Policy

  • Pets Allowed
  • Pet Deposit $350

Additional Features

  • Application Fee Required
  • Restaurant
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,950

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Credit Report Required: Yes
  • Deposit: 950
  • Lease Term: 12 Months
  • Per Adult Dollar: 79.00
  • Pets Allowed: Yes
  • Application Fee Per Adult: Yes
  • Pet Deposit Dollar: 350.00
  • Deposit Required: Security

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • MLS Status: Closed
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Lease

Interior Features

  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Range Hood, Refrigerator
  • Kitchen Features: Cabinets Stain, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Living Room
  • Square Footage: 600.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 2
  • Main Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Shingle
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • View: City

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Near Schools, Near Shopping, Restaurant
  • Management: Professionally Managed

Lot Info

  • Property Attached Yn: No

MLS Schools

  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2021
Sold by
561 Formwalt Llc
Bought by
Buffa Mauro and Christie Tamoya
Current Estimated Value
$131,494

Purchase Details

Closed on
Sep 15, 2014
Sold by
Buffa Mauro
Bought by
561 Formwalt Llc

Purchase Details

Closed on
Jan 11, 2013
Sold by
The Italian Dream Llc
Bought by
Buffa Mauro

Purchase Details

Closed on
Sep 6, 2012
Sold by
Miggiano Fabio
Bought by
The Italian Dream Llc

Purchase Details

Closed on
Jul 6, 2012
Sold by
Miggiano Fabio
Bought by
The Italian Dream Llc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Formwalt Court Llc
Bought by
Bonaparte Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,980
Interest Rate
5.61%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Buffa Mauro -- --
561 Formwalt Llc -- --
Buffa Mauro $45,000 --
The Italian Dream Llc $18,900 --
The Italian Dream Llc $18,500 --
Bonaparte Eric S $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonaparte Eric S $17,980
Previous Owner Bonaparte Eric S $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Rented $1,000 +5.3% --
07/20/2021 07/20/21 For Rent $950 0.0% --
07/15/2021 07/15/21 Off Market $950 -- --
07/08/2021 07/08/21 Price Changed $950 +5.6% $2 / Sq Ft
07/08/2021 07/08/21 Price Changed $900 +5.9% $2 / Sq Ft
07/07/2021 07/07/21 For Rent $850 -- --
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,950 $53,360 $6,720 $46,640
2023 $2,530 $61,120 $7,720 $53,400
2022 $1,527 $37,720 $4,760 $32,960
2021 $1,499 $36,600 $4,600 $32,000
2020 $1,483 $36,200 $4,560 $31,640
2019 $117 $38,800 $4,200 $34,600
2018 $1,052 $25,400 $3,040 $22,360
2017 $444 $10,280 $1,560 $8,720
2016 $445 $10,280 $1,560 $8,720
2015 $446 $10,280 $1,560 $8,720
2014 $466 $10,280 $1,560 $8,720
Source: Public Records

Agents Affiliated with this Home

  • Stewart Hoy

    Landlord's Agent in 2021

    Stewart Hoy

    Specialized Property Management

    (404) 596-8454

    3 Total Sales

    Stewart Hoy
    Section Image

  • N

    Tenant's Agent in 2021

    NON-MLS NMLS

    Non FMLS Member

See All Agents

Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6911321

First Multiple Listing Service (FMLS)

APN: 14-0076-0010-130-3

Georgia Fulton County Atlanta 30312 Mechanicsville

561 Formwalt St SW Unit 11, Atlanta, GA

Not Listed for Sale

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