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$127,000

Listing Price

2beds

1baths

620sqft

618sqft lot

561 Formwalt Street Sw, Atlanta, GA 30312

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Condo / Townhome

Home type

183.9

Price / sqft

1961

Year built

Home Details

Move-in ready with modern upgrades and timeless character, and ideal for first-time homebuyers in the heart of Atlanta, this inviting two bedroom, one bathroom condominium residence features original hardwood floors, a freshly painted interior, and thoughtful updates throughout.nThe bright, refreshed kitchen is equipped with a brand-new induction range, new refrigerator, ample cabinet space, and plenty of natural light, making it both functional and inviting. The renovated bathroom features a new vanity, new toilet, and a professionally resurfaced tub/shower. All appliances have been well maintained, providing peace of mind for the next owner. The condo is also equipped with an EV Charging station as well as a parking space inside the gate.nEnjoy low-maintenance living in a convenient intown location just minutes from Downtown Atlanta, Georgia State University, Summerhill, Mercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park, the BeltLine, shopping, restaurants, parks, MARTA, and major interstates, making commuting throughout Metro Atlanta quick and convenient.nThis home is an outstanding opportunity for first-time buyers, students, healthcare professionals, or anyone seeking an affordable intown lifestyle with easy access to Atlanta's business, entertainment, and cultural districts. Investors should also verify leasing opportunities with the homeowners association.nWhether you're searching for your first home, a low-maintenance primary residence, or an affordable

Interior Details

Square Feet
  • 620

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 618

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Condo/apartment

Exterior
  • Wood

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$357

$4,800

$32,200

--%

$37,000

2019

$1,397

$4,400

$29,600

--%

$34,000

2018

$980

$3,200

$20,480

--%

$23,680

2017

$967

$3,880

$18,520

--%

$22,400

2016

$969

$3,880

$18,520

--%

$22,400

2012

$247

$1,320

$4,240

--%

$5,560

2011

$456

$1,440

$8,840

--%

$10,280

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Average Home Price in 30312

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$127,000

2 Beds

1 Baths

620 Sqft

618 Lot (sqft)

Sold 10/06/2026

$118,839

1 Beds

1 Baths

588 Sqft

588 Lot (sqft)

Sold 10/06/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
127,000
$
Down payment
25,400
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
762
$
HOA (Monthly)
0
$
PMI
0
$
$822
Your Payment
Total Monthly Payment:$822
Percent of Income:14%
Affordable:Yes

Details for 561 FORMWALT ST SW

Property Debt

Foreclosure Contact Details