$1,663 Closing Credit¹
#10462627, Pratik, Listing Office: Dalton Wade, Inc.
$135,000 List price
561 Formwalt St SW Unit 6 Atlanta, GA 30312
$1,603
Closing credit¹
2 beds
1 full
0.01 acres
Condo
Property details
About 561 Formwalt St SW Unit 6
Welcome to your new sanctuary at 571 Formwalt St, SW Atlanta, GA 30312, a beautifully modern condo that perfectly blends style with functionality. Ideal for college students or parents looking for a vibrant community setting, this 2-bedroom, 1-bathroom gem is truly a rare find in the heart of Atlanta. Upon entering, youCOll be greeted by a contemporary design that features sleek finishes and an open layout, making it perfect for both entertaining and everyday living. The cozy living area flows seamlessly into the chic kitchen, where modern appliances and ample counter space await culinary enthusiasts. Each bedroom offers the comfort and privacy essential for busy students or family members, creating a peaceful retreat at the end of the day. Located in a gated community, the security and serene environment you crave while still enjoying urban living are right at your fingertips. The walkability of this neighborhood is exceptional, allowing you to explore local parks, cafes, and shops with ease. Education is just a stone's throw away, with prominent institutions nearby. The renowned Morehouse College and Atlanta Metropolitan State College are each under 2 miles from your new home, making your commute hassle-free. For those who enjoy outdoor activities, the picturesque Grant ParkCohome to the Atlanta ZooCois only 1.5 miles away, offering lush green spaces for relaxation or recreational pursuits. Additionally, you'll find delightful dining options just around the corner, such as the popular Grant Park Coffeehouse and other local eateries. Living at 571 Formwalt St. not only offers a modern lifestyle but also a connected community experienceCoa perfect combination for students or those supporting them. This is more than just a home; it's a lifestyle that encourages growth and enrichment. DonCOt miss your chance to own this contemporary condo in such a prime location! Schedule a viewing today to experience everything this exceptional property has to offer. Reach out now to secure your new home in Atlanta!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Electric
Lot size0.013 Acres
Year built1961
ParkingAssigned
MLS #10490030
ViewCity
Summary
- Full Bathrooms: 1
- Appliances: Electric Water Heater, Microwave, Refrigerator
- Basement: No
- Flooring Type: Hardwood, Tile
- Interior: High Ceilings, Roommate Plan
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Assigned
- View: City
- Exterior: Balcony
- Architectural Style: Brick 4 Side
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $135,000
- HOA Amount: $3960
- Annual Tax Amount: $2,500
- Tax Year: 2023
- Lot: City Lot, Level, Private
- Directions: Take 75/85 to MLK Jr Dr, exit west. Take left on Pryor street, right on Crumley street, the left on Formwalt.
- Year Built: 1961
- Lot Size: 0.013 Acres
- MLS Number: 10490030
- MLS Name: Georgia MLS 2
- Office Name: Coldwell Banker Realty
- Listing Agent: Gina Smith
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
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, 2:20:33 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
$135,000
561 Formwalt St SW Unit 6
$1,603
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 08, 2005 | Home Sold | $99,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $60,400 | $2,500 |
| 2022 | $37,280 | $1,543 |
| 2021 | $36,200 | $1,607 |
| 2020 | $35,760 | $1,480 |
| 2019 | $38,360 | $1,576 |
| 2017 | $10,200 | $440 |
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. The majority of Atlanta, GA residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically 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 6
The listing price of 561 Formwalt St SW Unit 6 property is $135,000.
The property 561 Formwalt St SW Unit 6 is a condo located in Atlanta, Georgia, 30312.
Accepting Backup Offers: 561 Formwalt St SW Unit 6 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 561 Formwalt St SW Unit 6 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 $2,500 (source: MLS/based on county public records data).
The last sale was on April 8, 2005 for $99,900 (source: MLS/tax record).
The property at 561 Formwalt St SW Unit 6 has 2 bedrooms and 1 bathroom.
The sq. ft. of 561 Formwalt St SW Unit 6 is not available (source: MLS/tax record).
The year of construction for 561 Formwalt St SW Unit 6 is 1961.
This home is located at 561 Formwalt St SW Unit 6 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $135,000.
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. The number of homes for sale in Atlanta, GA increased by 17.5% between March and April 2025. While the average time on the market in April 2025 was 45 days, the median list price was $424,792.
From Rocket Homes Real Estate and based on county public records data.