$2,078 Closing Credit¹
#7561235, My Trinh Pham, Listing Office: Simply Homes ATL, LLC
$149,000 List price
561 Formwalt St SW Unit 12 Atlanta, GA 30312
$1,769
Closing credit¹
2 beds
1 full
588 sqft
0.01 acres
$253 / sqft
Condo
Property details
About 561 Formwalt St SW Unit 12
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!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size588 sqft
Lot size0.0135 Acres
Year built1961
ParkingAssigned
MLS #7529482
ViewNeighborhood
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Gas Range, Refrigerator
- Basement: No
- Flooring Type: Luxury Vinyl
- Interior: High Speed Internet
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Parking: Assigned
- Waterfront: None
- View: Neighborhood
- Exterior: Other
- Architectural Style: Mid-Rise (up to 5 stories)
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $149,000
- Price/SqFt: $253
- HOA Amount: $330 Monthly
- Annual Tax Amount: $2,235
- Tax Year: 2023
- Lot: Other
- Directions: GPS gets you there. Once inside the gate, the house is on the right building up the stairs. Unit 12
- Year Built: 1961
- Living Area: 588 SqFt
- Lot Size: 0.0135 Acres
- MLS Number: 7529482
- MLS Name: First Multiple Listing Service
- Office Name: Realty Hub, LLC
- Office Phone: (888) 900-1801
- Listing Agent: Amadi Mckenzie
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.
IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2025, 2:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$149,000
561 Formwalt St SW Unit 12
$1,769
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 14, 2022 | Home Sold | $135,000 |
| Jun 22, 2016 | Home Sold | $82,000 |
| Oct 09, 2012 | Home Sold | $18,900 |
| May 04, 2012 | Home Sold | $18,900 |
| Feb 25, 2005 | Home Sold | $94,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $54,000 | $2,235 |
| 2022 | $37,480 | $1,551 |
| 2021 | $36,360 | $1,613 |
| 2020 | $35,960 | $1,488 |
| 2019 | $33,040 | $1,357 |
| 2017 | $9,360 | $404 |
History based on county public records data.
Nearby schools
3
Dunbar Elementary School
Public District PK-5
0.4 mi
•500 Whitehall Ter SW
4
Gideons Elementary School
Public District PK-5
0.8 mi
•897 Welch St SW
4
Barack & Michelle Obama Academy
Public District PK-5
1.1 mi
•970 Martin St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,549. Most Atlanta, GA residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
65%
<35k
28%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
73%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 561 Formwalt St SW Unit 12
The listing price of 561 Formwalt St SW Unit 12 property is $149,000.
The property 561 Formwalt St SW Unit 12 is a condo located in Atlanta, Georgia, 30312.
Active Listing: 561 Formwalt St SW Unit 12 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 561 Formwalt St SW Unit 12 are: Dunbar Elementary School (GreatSchools Rating 3/10), Gideons Elementary School (GreatSchools Rating 4/10), Barack & Michelle Obama Academy (GreatSchools Rating 4/10), Martin Luther King Jr. Middle School (GreatSchools Rating 3/10), Imagine Wesley International Academy Charter Facility (GreatSchools Rating 3/10), Herman J. Russell West End Academy (GreatSchools Rating 2/10), G. W. Carver High School (GreatSchools Rating 1/10), Early College High School at Carver (GreatSchools Rating 4/10), Booker T. Washington High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,235 (source: MLS/based on county public records data).
The last sale was on October 14, 2022 for $135,000 (source: MLS/tax record).
The property at 561 Formwalt St SW Unit 12 has 2 bedrooms and 1 bathroom.
The property 561 Formwalt St SW Unit 12 is 588 SqFt (source: MLS/tax record).
The year of construction for 561 Formwalt St SW Unit 12 is 1961.
This home is located at 561 Formwalt St SW Unit 12 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 588 square foot home, which was built in 1961, sits on a 0.01 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $149,000.
While more than 266 listings in Atlanta, GA in April 2025 were sold above asking price, there were more than 296 listings sold at asking price, and more than 650 were sold below. Between March and April 2025, Atlanta, GA real estate market has seen increase in the number of listings by 17.5%. In April 2025 median list price was $424,792 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.