$149,000

561 Formwalt St SW Unit 12 Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated payment $1,356/month

Total Views 7,179
2 Beds
1 Bath
588 Sq Ft
$253 Price per Sq Ft

Highlights

  • Stone Countertops
  • Open to Family Room
  • Security Gate
  • Neighborhood Views
  • Rear Porch
  • 1-Story Property

About This Home

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 Listed By

Amadi McKenzie

Realty Hub, LLC License #407521 Listed on: 02/20/2025

Realty Hub, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1961

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Luxury Vinyl Tile Flooring
  • Neighborhood Views
  • Security Gate
  • Laundry on main level

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

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

Additional Features

  • Rear Porch
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number 14 007600101311

Community Details

Overview

  • Mid-Rise Condominium
  • Capitol City Square Condos Subdivision
  • FHA/VA Approved Complex

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,324

Year Built

Built in 1961

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Condominium
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Property Condition: Resale
  • Year Built: 1961
  • Levels Stories: One
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: High Speed Internet
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Family Room
  • Square Footage: 588.00
  • Spa Features: None
  • Window Features: None

Beds/Baths

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

Exterior Features

  • Roof Type: Composition
  • Patio And Porch Features: Rear Porch
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Common Area, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • Community Features: Homeowners Assoc
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Subdivision Complex: Capitol City Square Condos

Association/Amenities

  • Number Of Units In Community: 1

Schools

  • Elementary School: Paul L. Dunbar
  • Middle School: Parks
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.0135
  • Lot Dimensions: x
  • Parcel Number: 14 007600101311
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 2324.00
  • Assessor Parcel Number: 14-0076-0010-131-1
  • Tax Year: 2024

MLS Schools

  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Parks

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 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
Source: First Multiple Listing Service (FMLS)

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $63,000 Stand Alone Second
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7529482

First Multiple Listing Service (FMLS)

APN: 14-0076-0010-131-1