$135,000
SOLD OCT 17, 2022

561 Formwalt St SW Unit 12 Atlanta, GA 30312

Mechanicsville Neighborhood
2 Beds
1 Bath
588 Sq Ft
$15/mo HOA Fee

Recently Sold

$230 Per Sq Ft

10% Below List Price

24 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • 1-Story Property
  • Property is near public transit
  • Breakfast Bar
  • Brick Front

About This Home

As of October 2022

Location, location, location! Enjoy convenient living in the heart of Atlanta minutes from everything including Downtown, Buckhead and Hartsfield-Jackson Airport. This renovated 2 bedroom / 1 bathroom condo is located inside of a gated community. It has exposed brick in the kitchen, stainless steal appliances, hardwood floors throughout and a private rear deck for entertaining.

Last Agent to Sell the Property

Lakisha Knight

Keller Williams West Atlanta License #352620 Listed on: 08/29/2022

Keller Williams West Atlanta

Last Buyer's Agent

Jessica Stone

Sanders Real Estate License #416035

Sanders Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1961

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Brick Front

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Dunbar Elementary School
  • Paul D West Middle School
  • Mh Jackson Jr High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Community Details

Overview

  • Association fees include ground maintenance
  • Mid-Rise Condominium
  • Square Condos Subdivision

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,473

Year Built

Built in 1961

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • ArchitecturalStyle: Brick Front
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .01
  • Property Sub-Type: Condominium
  • Structure Type: Mid Rise
  • Total Finished Area2: 588
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 588
  • Above Grade Finished Sq Ft: 588
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar
  • Price Per Square Foot: 238.095

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Wood Siding
  • ExteriorFeatures: Other
  • Foundation Details: Slab
  • Lot Features: Other
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: None
  • ParkingTotal: 1

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Security Features: Gated Community
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 179
  • Association: Yes
  • Community Features: Street Lights, Walk To Public Transit

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Dunbar
  • High School: MH Jackson Jr
  • High School Bus: Yes
  • Middle School: Paul D West
  • Middle School Bus: Yes
  • Elementary School: Dunbar
  • Middle School: Paul D West
  • High School: MH Jackson Jr

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1473

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

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
1.57%
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
16.17%

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%
Source: Public Records

Range of Values:

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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 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
Source: Public Records

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
Source: Georgia MLS

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 $1,811 $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

    Seller's Agent in 2025

    Amadi McKenzie

    Realty Hub, LLC

    (678) 541-4473

    13 Total Sales

    Amadi McKenzie
    Section Image
  • Lakisha Knight

    Seller's Agent in 2022

    Lakisha Knight

    Keller Williams West Atlanta

    (404) 202-5372

    1 in this area

    78 Total Sales

    Lakisha Knight
    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Stone

    Sanders Real Estate

    (770) 605-5608

    1 in this area

    9 Total Sales

    Jessica Stone
    Section Image

  • E

    Buyer's Agent in 2019

    Evan Gray

    NOT A VALID MEMBER

    Section Image
  • Christian Ross

    Seller's Agent in 2016

    Christian Ross

    Engel & Völkers Atlanta

    (404) 309-1098

    75 Total Sales

    Christian Ross
    Section Image
  • RO PREISINGER

    Seller's Agent in 2012

    RO PREISINGER

    Coldwell Banker Realty

    (770) 378-5924

    10 in this area

    81 Total Sales

    RO PREISINGER
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10086570

Georgia MLS

APN: 14-0076-0010-131-1

Georgia Fulton County Atlanta 30312 Mechanicsville

561 Formwalt St SW Unit 12, Atlanta, GA

This home is located at 561 Formwalt St SW Unit 12, Atlanta, GA 30312 and is currently priced at $135,000, approximately $229 per square foot. This property was built in 1961. 561 Formwalt St SW Unit 12 is a home located in Fulton County with nearby schools including Dunbar Elementary School, King Middle School, and Maynard Holbrook Jackson High School.

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