$2,434 Closing Credit¹
#10314155, Zareh Najarian, Listing Office: Jar House Brokerage
$195,000 List price
562 Formwalt St SW Unit 5 Atlanta, GA 30312
$2,316
Closing credit¹
1 bed
1 full
576 sqft
0.01 acres
$339 / 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
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: 3/14/2025, 5:20:52 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
$195,000
562 Formwalt St SW Unit 5
$2,316
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. Most Atlanta, GA residents have annual incomes less than $<35k. Most families are single, no kids. 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
Similar homes for sale
$2,316 Closing Credit¹
#10403883, Atlanta Property Matchmakers, Listing Office: Keller Williams Realty Consultants
$1,769 Closing Credit¹
#7529482, Amadi Mckenzie, Listing Office: Realty Hub, LLC
$2,849 Closing Credit¹
#7523695, Tom Young Kim, Listing Office: Kay Kim Realty
$1,721 Closing Credit¹
#7457119, Jacqueline Boone, Listing Office: Virtual Properties Realty.com
$1,721 Closing Credit¹
#10378155, Jackie Boone, Listing Office: Virtual Properties Realty.com
$4,691 Closing Credit¹
#7484505, Tiffany Spencer, Listing Office: Engel & Volkers North Georgia Mountains
$1,959 Closing Credit¹
#10445636, Temitope Eka, Listing Office: Chapman Hall Premier, Realtors
$2,434 Closing Credit¹
#7499136, Lakisha Knight, Listing Office: Keller Williams Realty West Atlanta
7 days on Rocket
$2,969 Closing Credit¹
#10473777, Cindy M. Young, Listing Office: Keller Williams Rlty First Atl
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 $195,000.
While more than 147 listings in Atlanta, GA in February 2025 were sold above asking price, there were more than 168 listings sold at asking price, and more than 455 were sold below. The inventory of homes for sale in Atlanta, GA between January and February 2025 increased by 20%. Listings spent 56 days on the market in February 2025, and had a median list price of $421,346 during the same period.
From Rocket Homes Real Estate and based on county public records data.