561 Formwalt St SW Unit 12 Atlanta, GA 30312
Mechanicsville NeighborhoodEstimated payment $1,290/month
Highlights
- Gated Community
- Property is near public transit
- Balcony
- City View
- Stone Countertops
- Open to Family Room
About This Home
PRICE 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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 04/17/2012 04/17/12 | Pending | -- | -- | -- |
| 03/22/2012 03/22/12 | For Sale | $30,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $82,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $18,900 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7636042
APN: 14-0076-0010-131-1
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please visit www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2025 First Multiple Listing Service, Inc.
- 561 Formwalt St SW Unit 5
- 561 Formwalt St SW Unit 7
- 571 Formwalt St SW Unit 7
- 561 Formwalt St SW Unit 8
- 562 Formwalt St SW Unit 5
- 634 Cooper St SW
- 522 Pryor St SW
- 567 Cooper St SW
- 272 Glenn St SW
- 581 Cooper St SW
- 293 Glenn St SW
- 502 Pryor St SW Unit 113
- 502 Pryor St SW Unit 223
- 502 Pryor St SW Unit 6
- 502 Pryor St SW Unit 325
- 502 Pryor St SW Unit 125
- 502 Pryor St SW Unit 207
- 582 Windsor St SW
- 277 Ralph David Abernathy Blvd SW
- 0 Pryor St SW
- 561 Formwalt St SW Unit 9
- 561 Formwalt St SW Unit 10
- 562 Formwalt St SW Unit 5
- 571 Formwalt St SW Unit 10
- 598 Formwalt St SW
- 629 Windsor St SW
- 693 Formwalt St SW
- 663 Windsor St SW
- 224 Bass St SW
- 728 Formwalt St SW
- 521 Hank Aaron Dr SW
- 732 Windsor St SW
- 668 Smith St SW
- 688 Smith St SW
- 679 Smith St SW
- 565 Hank Aaron Dr SW
- 500 Mcdaniel St SW
- 194 Hendrix Ave SW
- 765 Mcdaniel St SW
- 720 Hank Aaron Dr SE