NOT LISTED FOR SALE

571 Formalt St Unit 4 Atlanta, GA 30312

Mechanicsville Neighborhood
2 Beds
1 Bath
620 Sq Ft
436 Sq Ft Lot

Last Sold January 15, 2025

Last sale price $143,000 $231 Per Sq Ft

55 Days on Market

Highlights

  • Gated Community
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

**Back on the market due to no fault of the Seller** Welcome to this exceptional 2 bedroom, 1 bath condominium in the heart of Downtown Atlanta. This property is ideal for investors looking to expand their portfolio with a high-demand rental opportunity in a prime location or a first-time homebuyer looking to purchase in the heart of the city! This condo combines modern updates with historic charm. The kitchen boasts exposed brick, granite countertops, and stainless steel appliances, making it a stylish and functional space. Just off the kitchen, enjoy a private deck-perfect for relaxing or entertaining. The property offers secured parking and key card access, ensuring privacy and security. With its proximity to Downtown amenities, major highways, and public transit, this condo provides unparalleled convenience for tenants or future buyers. Don't miss out on this incredible investment opportunity in one of Atlanta's most sought-after locations!

Last Agent to Sell the Property

Charlene Collier

Keller Williams West Atlanta License #437716 Listed on: 11/08/2024

Keller Williams West Atlanta

Last Buyer's Agent

Letrice Gholson

Indigo Road Realty License #370611

Indigo Road Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1961

Lot Details

  • 436

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • 436 Sq Ft Lot

Listing and Financial Details

  • The owner pays for cable TV, garbage, water

Community Details

Overview

  • Association fees include ground maintenance
  • Capitol City Square Condos Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1961

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: .01
  • Structure Type: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 3960
  • Association: Yes
  • Community Features: Gated, None

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Rental Info

  • Owner Pays: Cable TV, Other, Garbage, Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2559

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Sold $143,000 -4.7% $231 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
11/08/2024 11/08/24 For Sale $150,000 -- $242 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Charlene Collier

    Seller's Agent in 2025

    Charlene Collier

    Keller Williams West Atlanta

    (202) 744-3722

    2 in this area

    28 Total Sales

    Charlene Collier
    Section Image
  • Letrice Gholson

    Buyer's Agent in 2025

    Letrice Gholson

    Indigo Road Realty

    (404) 664-1752

    3 in this area

    11 Total Sales

    Letrice Gholson
    Section Image
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Map

Source: Georgia MLS

MLS Number: 10409902

Georgia MLS
Georgia Fulton County Atlanta 30312 Mechanicsville

571 Formalt St Unit 4, Atlanta, GA

Not Listed for Sale

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