Seller's Agent in 2025
Amadi McKenzie
Realty Hub, LLC
(678) 541-4473
1 in this area
14 Total Sales
561 Formwalt St SW Unit 12 Atlanta, GA 30312
Mechanicsville Neighborhood
2
Beds
1
Bath
588
Sq Ft
$330/mo
HOA Fee
Highlights
- Gated Community
- Property is near public transit
- Balcony
- City View
- Stone Countertops
- Open to Family Room
About This Home
As of October 2025PRICE IMPROVEMENT! Location, location, location! Enjoy convenient living in the heart of Atlanta, just minutes from everything, including the Beltline, Mercedes Benz Stadium, Midtown, Downtown, Buckhead and Hartsfield-Jackson Airport. This immaculately maintained 2 bedroom / 1 bathroom condo is located inside of a gated community in a highly developing area. The kitchen has an exposed brick wall, stainless steel appliances, and granite countertops. There are hardwood floors throughout and a private rear deck for entertaining. Home comes fully furnished! This is a great option for safe city living at an affordable price. FHA, VA offers welcomed. Schedule a tour today!
Last Agent to Sell the Property
Realty Hub, LLC License #407521 Listed on: 08/15/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,324
Year Built
- Built in 1961
Lot Details
- 1 Common Wall
- Wrought Iron Fence
HOA Fees
- $330 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 588 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Aluminum Window Frames
- Living Room
- Luxury Vinyl Tile Flooring
- City Views
- Laundry on main level
Kitchen
- Open to Family Room
- Gas Oven
- Gas Range
- Dishwasher
- Stone Countertops
- Wood Stained Kitchen Cabinets
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Security Lights
- Security Gate
Parking
- 1 Parking Space
- Parking Lot
- Assigned Parking
Outdoor Features
- Balcony
- Exterior Lighting
- Rear Porch
Location
- Property is near public transit
- Property is near schools
- Property is near shops
Schools
- Paul L. Dunbar Elementary School
- Parks Middle School
- Maynard Jackson High School
Utilities
- Central Heating and Cooling System
- 110 Volts
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 14 007600101311
Community Details
Overview
- Mid-Rise Condominium
- Capitol City Square Condos Subdivision
- FHA/VA Approved Complex
Security
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2025
Closed on
Oct 17, 2025
Sold by
Jmo Acquisitions Llc
Bought by
Panter Lona
Seller's Agent
Amadi McKenzie
Realty Hub, LLC
Buyer's Agent
Margaret McAlpine
Keller Williams Realty Atl North
List Price
$149,000
Sold Price
$132,500
Premium/Discount to List
-$16,500
-11.07%
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.66%
Purchase Details
Closed on
Jun 13, 2023
Sold by
Olguin Jesika
Bought by
Jmo Acquisitions Llc
Purchase Details
Listed on
Aug 29, 2022
Closed on
Oct 14, 2022
Sold by
Green Jones Ingrid
Bought by
Olguin Jesika
Seller's Agent
Lakisha Knight
Keller Williams West Atlanta
Buyer's Agent
Jessica Stone
Sanders Real Estate
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
Original Mortgage
$100,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 20, 2016
Closed on
Apr 13, 2016
Sold by
Ancona Anna
Bought by
Green Jones Ingrid and Jones Negorie
Seller's Agent
Christian Ross
Engel & Völkers Atlanta
Buyer's Agent
Lakisha Knight
Keller Williams Realty West Atlanta
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Purchase Details
Closed on
Dec 3, 2015
Sold by
Italian Dream Llc
Bought by
Ancona Anna
Purchase Details
Listed on
Mar 22, 2012
Closed on
Apr 26, 2012
Sold by
Etheridge Shellae
Bought by
Miggiano Fabio
Seller's Agent
RO PREISINGER
Coldwell Banker Realty
Buyer's Agent
RO PREISINGER
Coldwell Banker Realty
List Price
$30,000
Sold Price
$18,900
Premium/Discount to List
-$11,100
-37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Purchase Details
Listed on
Mar 22, 2012
Closed on
Feb 28, 2012
Sold by
Atl 500 600 Block Holdings
Bought by
Etheridge Shellae
Seller's Agent
RO PREISINGER
Coldwell Banker Realty
Buyer's Agent
RO PREISINGER
Coldwell Banker Realty
List Price
$30,000
Sold Price
$18,900
Premium/Discount to List
-$11,100
-37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $132,500 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $82,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $18,900 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Sold | $132,500 | -8.6% | $225 / Sq Ft | |
| 10/05/2025 10/05/25 | Pending | -- | -- | -- | |
| 09/04/2025 09/04/25 | Price Changed | $144,999 | -2.7% | $247 / Sq Ft | |
| 08/15/2025 08/15/25 | For Sale | $149,000 | +10.4% | $253 / Sq Ft | |
| 10/17/2022 10/17/22 | Sold | $135,000 | -3.6% | $230 / Sq Ft | View Prior Sale |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- | |
| 09/14/2022 09/14/22 | Price Changed | $140,000 | -6.7% | $238 / Sq Ft | |
| 08/29/2022 08/29/22 | For Sale | $150,000 | 0.0% | $255 / Sq Ft | |
| 05/13/2019 05/13/19 | Rented | $1,100 | 0.0% | -- | |
| 04/22/2019 04/22/19 | For Rent | $1,100 | +10.0% | -- | |
| 09/28/2018 09/28/18 | Rented | $1,000 | 0.0% | -- | |
| 09/06/2018 09/06/18 | For Rent | $1,000 | +11.1% | -- | |
| 10/15/2016 10/15/16 | Rented | $900 | -10.0% | -- | |
| 10/12/2016 10/12/16 | For Rent | $1,000 | 0.0% | -- | |
| 04/13/2016 04/13/16 | Sold | $82,000 | -3.5% | $139 / Sq Ft | View Prior Sale |
| 03/27/2016 03/27/16 | Pending | -- | -- | -- | |
| 02/21/2016 02/21/16 | For Sale | $85,000 | +349.7% | $145 / Sq Ft | |
| 04/26/2012 04/26/12 | Sold | $18,900 | -37.0% | $32 / Sq Ft | View Prior Sale |
| 04/17/2012 04/17/12 | Pending | -- | -- | -- | |
| 03/22/2012 03/22/12 | For Sale | $30,000 | -- | $51 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $1,811 | $49,600 | $6,720 | $42,880 |
| 2023 | $1,811 | $54,000 | $7,320 | $46,680 |
| 2022 | $1,517 | $37,480 | $4,760 | $32,720 |
| 2021 | $1,473 | $36,360 | $4,600 | $31,760 |
| 2020 | $1,473 | $35,960 | $4,560 | $31,400 |
| 2019 | $117 | $33,040 | $4,200 | $28,840 |
| 2018 | $952 | $23,000 | $3,040 | $19,960 |
| 2017 | $404 | $9,360 | $1,560 | $7,800 |
| 2016 | $405 | $9,360 | $1,560 | $7,800 |
| 2015 | $444 | $9,360 | $1,560 | $7,800 |
| 2014 | $424 | $9,360 | $1,560 | $7,800 |
Source: Public Records
Agents Affiliated with this Home
-
Amadi McKenzie
-
Margaret McAlpine
Buyer's Agent in 2025
Margaret McAlpine
Keller Williams Realty Atl North
(404) 387-9649
1 in this area
6 Total Sales
-
Lakisha Knight
Seller's Agent in 2022
Lakisha Knight
Keller Williams West Atlanta
(404) 202-5372
1 in this area
74 Total Sales
-
Jessica Stone
J
Buyer's Agent in 2022
Jessica Stone
Sanders Real Estate
(770) 605-5608
1 in this area
9 Total Sales
-
E
Buyer's Agent in 2019
Evan Gray
NOT A VALID MEMBER
-
Christian Ross
Seller's Agent in 2016
Christian Ross
Engel & Völkers Atlanta
(404) 309-1098
68 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7636042
APN: 14-0076-0010-131-1
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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