$136,900

561 Formwalt St SW Unit 7 Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated payment $1,292/month

Total Views 4,005
2 Beds
1 Bath
582 Sq Ft
$235 Price per Sq Ft

Highlights

  • Gated Community
  • Property is near public transit
  • Laundry closet
  • City View
  • Wood Flooring
  • 1-Story Property

About This Home

Convenient city-living on this cozy 2 bedrooms, 1 bath condo. First floor living, located in a small, gated community with easy access to downtown Atlanta, Georgia State, interstates, shopping and more. Hardwood floors throughout, granite countertops in kitchen, rear deck. A few recent upgrades, i.e. hot water heater (2024), A/C unit (2023) Available to owner-occupants and investors! Awesome deal in the city!

Listing Agent

Jacqueline Boone

Virtual Properties Realty.com License #121505 Listed on: 06/12/2025

Virtual Properties Realty.com

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1961

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 582 Sq Ft Home
  • 1-Story Property
  • Family Room
  • City Views
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Parking

  • Parking Pad
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Dunbar Elementary School
  • King Middle School
  • Mh Jackson Jr High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0076

Community Details

Overview

  • $281 Initiation Fee
  • Association fees include insurance, ground maintenance, sewer, trash, water
  • Capitol City Square Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,470

Year Built

Built in 1961

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • District: 14
  • Year Built: 1961
  • ArchitecturalStyle: Other
  • Levels: One
  • Lot Size Acres: .01
  • Property Sub-Type: Condominium
  • Structure Type: Other
  • Total Finished Area2: 582
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Oven/Range (Combo)
  • Bedrooms: 2
  • Basement: None
  • Total Finished Sq Ft: 582
  • Above Grade Finished Sq Ft: 582
  • Interior Amenities: Master On Main Level, Tile Bath
  • Full Bathrooms: 1
  • Flooring: Hardwood, Tile
  • Price Per Square Foot: 235.223

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Off Street, Parking Pad

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3960
  • Association: Yes
  • Community Features: Gated, Sidewalks, Street Lights, Walk To Public Transit

Fee Information

  • Initiation Fee: 281
  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Dunbar
  • High School: MH Jackson Jr
  • Middle School: King
  • Elementary School: Dunbar
  • Middle School: King
  • High School: MH Jackson Jr

Lot Info

  • Land Lot: 0076
  • Deed Book: 39689
  • Deed Page: 511
  • Plat Book: 16
  • Plat Page: 231

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2469.5

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
2025 $1,924 $52,640 $6,640 $46,000
2023 $1,924 $60,320 $7,640 $52,680
2022 $1,505 $37,200 $4,680 $32,520
2021 $1,463 $36,120 $4,560 $31,560
2020 $1,463 $35,720 $4,520 $31,200
2019 $117 $38,240 $4,120 $34,120
2018 $1,037 $25,040 $3,000 $22,040
2017 $439 $10,160 $1,560 $8,600
2016 $440 $10,160 $1,560 $8,600
2015 $478 $10,160 $1,560 $8,600
2014 $461 $10,160 $1,560 $8,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $136,900 0.0% $235 / Sq Ft
06/06/2025 06/06/25 Price Changed $1,150 -11.2% $2 / Sq Ft
04/07/2025 04/07/25 For Rent $1,295 +85.0% --
07/03/2013 07/03/13 Rented $700 0.0% --
06/03/2013 06/03/13 Under Contract -- -- --
02/01/2013 02/01/13 For Rent $700 -- --
Source: Georgia MLS

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Source: Georgia MLS

MLS Number: 10542030

Georgia MLS

APN: 14-0076-0010-126-1

Georgia Fulton County Atlanta 30312 Mechanicsville

561 Formwalt St SW Unit 7, Atlanta, GA

This home is located at 561 Formwalt St SW Unit 7, Atlanta, GA 30312 and is currently priced at $136,900, approximately $235 per square foot. This property was built in 1961. 561 Formwalt St SW Unit 7 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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Listing Agent
Jacqueline Boone
Section Image
Virtual Properties Realty.com
(404) 602-9483