$2,434 Closing Credit¹
#10314155, Chevel Brown, Listing Office: Jar House Brokerage
$2,375
closing credit¹
562 Formwalt St SW Unit 5 Atlanta, GA 30312
$200,000 List price
$2,375
Closing credit¹
1 bed
1 full
576 sqft
0.01 acres
$347 / sqft
Condo
Property details
About 562 Formwalt St SW Unit 5
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!
Highlights
Home typeCondominium
HeatingCentral, Heat Pump
StatusActive
(New)
(New)
CoolingCentral Air, Electric
Size576 sqft
Lot size0.013 Acres
Year built1961
ParkingOff Street
MLS #10455399
ViewCity
Summary
- MLS Number: 10455399
- MLS Name: Georgia MLS 2
- Office Name: Compass
- Listing Agent: Jennifer L Engel
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: 2/10/2025, 3:20:54 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
$200,000
562 Formwalt St SW Unit 5
$2,375
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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 562 Formwalt St SW Unit 5
This home is located at 562 Formwalt St SW Unit 5 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 576 square foot home, which was built in 1961, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $200,000.
While more than 108 listings in Atlanta, GA in January 2025 were sold above asking price, there were more than 168 listings sold at asking price, and more than 415 were sold below. The number of listings in Atlanta, GA increased by 19.5% between December and January 2025. In January 2025, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $422,471.
From Rocket Homes Real Estate and based on county public records data.