$185,000

562 Formwalt St SW Unit 5 Atlanta, GA 30312

Mechanicsville Neighborhood

Estimated payment $1,301/month

Total Views 4,819
1 Bed
1 Bath
576 Sq Ft
$321 Price per Sq Ft

Highlights

  • Open-Concept Dining Room
  • Deck
  • European Architecture
  • City View
  • Property is near public transit
  • Wood Flooring

About This Home

Perfect one-bedroom condo for investors and first-time buyers! NO RENTAL RESTRICTIONS! This small but gorgeous gem features real
hardwood floors, exposed brick walls, and modern finishes. The kitchen boasts granite countertops, stainless steel appliances, and a
breakfast bar. Enjoy the convenience of in-unit laundry. Relax on your private deck and take advantage of included off-street parking. Close
to GA State, the Capital, Mercedes-Benz Stadium, the airport, I-75/85, and downtown, this condo offers quintessential in-town living with
great views. Explore new dining options in nearby Summerhill and shop at the new Publix just minutes away. Don’t miss out on this
fantastic opportunity!

Listing Agent

Jennifer Engel

Compass License #361522 Listed on: 04/01/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1961

Lot Details

  • Two or More Common Walls
  • Private Entrance
  • Front Yard Fenced
  • Wood Fence
  • Landscaped

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Open-Concept Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Home Security

Parking

  • 1 Parking Space
  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • Paul L. Dunbar Elementary School
  • Martin L. King Jr. Middle School
  • Maynard Jackson High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 110 Volts
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14 007600101527

Community Details

Overview

  • Capitol 8 HOA
  • Capitol 8 Condos Subdivision
  • FHA/VA Approved Complex

Recreation

  • Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,483

Year Built

Built in 1961

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Condominium
  • Architectural Style: European
  • Property Condition: Resale
  • Year Built: 1961
  • Levels Stories: One
  • Above Grade Finished Sq Ft: 576.00
  • Special Features: None

Property Details

  • Property: Residential Attached

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: High Speed Internet, Low Flow Plumbing Fixtures
  • Basement: Crawl Space
  • Kitchen Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls
  • Additional Rooms: Other
  • Dining Room Features: Open Concept
  • Square Footage: 576.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 1
  • Bedroom Features: Master on Main
  • Main Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Main Full Bathrooms: 1
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Construction Materials: Brick, Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Front Yard, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Exterior Features: Private Entry
  • View: City
  • Pool Private: No
  • Foundation: None

Garage/Parking

  • Number Of Parking Spaces: 1
  • Parking Features: On Street, Parking Lot, Unassigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Heat Pump
  • Laundry Features: In Kitchen, Main Level
  • Utilities: Cable Available, Sewer Available, Water Available
  • Electric: 110 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Water
  • Community Features: Homeowners Assoc, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Sidewalks, Street Lights
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • F H A Condo Approval: Yes
  • Association: Yes
  • Management Company Email: capitol8.hoa@gmail.com
  • Subdivision Complex: Capitol 8 Condos

Association/Amenities

  • Number Of Units In Community: 1
  • Management Company: Capitol 8 HOA

Schools

  • Elementary School: Paul L. Dunbar
  • Middle School: Martin L. King Jr.
  • High School: Maynard Jackson

Lot Info

  • Acres: 0.0132
  • Land/Lot: 76
  • Deed Book: 43152
  • Deed Page: 603
  • Plat Book: 17
  • Plat Page: 135
  • Lot Features: Landscaped
  • Lot Dimensions: x
  • Parcel Number: 14 007600101527
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Efficiency: HVAC, Thermostat
  • Green Energy Generation: None

Tax Info

  • Taxes: 1483.00
  • Assessor Parcel Number: 14-0076-0010-152-7
  • Tax Year: 2022

MLS Schools

  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.

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

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Price Changed $1,295 -7.5% $2 / Sq Ft
04/21/2025 04/21/25 For Rent $1,400 0.0% --
04/01/2025 04/01/25 For Sale $185,000 +14.9% $321 / Sq Ft
10/14/2022 10/14/22 Sold $161,000 +0.6% $280 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $160,000 -- $278 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Source: First Multiple Listing Service (FMLS)

MLS Number: 7551571

First Multiple Listing Service (FMLS)
Georgia Fulton County Atlanta 30312 Mechanicsville

562 Formwalt St SW Unit 5, Atlanta, GA

This home is located at 562 Formwalt St SW Unit 5, Atlanta, GA 30312 and is currently priced at $185,000, approximately $321 per square foot. This property was built in 1961. 562 Formwalt St SW Unit 5 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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Jennifer Engel
Listing Agent
Jennifer Engel
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Compass
(470) 613-8012