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$127,000
Listing Price2beds
1baths
620sqft
618sqft lot
561 Formwalt Street Sw, Atlanta, GA 30312
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
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
620
2
1
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
618
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Condo/apartment
Wood
N/A
N/A
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
Average Home Price in 30312
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$127,000
$127,000
2 Beds
1 Baths
620 Sqft
618 Lot (sqft)
Sold 10/06/2026
$118,839
$118,839
1 Beds
1 Baths
588 Sqft
588 Lot (sqft)
Sold 10/06/2026
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The Atlanta real estate market, with values and inventory levels fluctuating, continues to evolve based on numerous factors. Detailed data, including average property value, per square foot value, and property counts, outlines these trends, enabling buyers, sellers, and investors to understand and navigate the market effectively.





