$149,000

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

  • MLS Number: 7529482
  • MLS Name: First Multiple Listing Service
  • Office Name: Realty Hub, LLC
  • Office Phone: (888) 900-1801
  • Listing Agent: Amadi Mckenzie

IDX 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: 3/14/2025, 4:20:50 PM 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

view of property exterior featuring brick siding, fence, and a balcony

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,549. Residents of Atlanta, GA typically earn less than $<35k each year. The majority of families are single, no kids. Most 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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 561 Formwalt St SW Unit 12

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.

In February 2025 more than 147 listings in Atlanta, GA were sold above the asking price. During the same period more than 168 listings were sold at asking price, while more than 455 were sold below. In February 2025 in Atlanta, GA there were 20% more homes for sale than in January. While the average time on the market in February 2025 was 56 days, the median list price was $421,346.

From Rocket Homes Real Estate and based on county public records data.

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