PRICE IMPROVEMENT! Location, location, location! Enjoy convenient living in the heart of Atlanta, just minutes from everything, including the Beltline, Mercedes Benz Stadium, Midtown, Downtown, Buckhead and Hartsfield-Jackson Airport. This immaculately maintained 2 bedroom / 1 bathroom condo is located inside of a gated community in a highly developing area. The kitchen has an exposed brick wall, stainless steel appliances, and granite countertops. There are hardwood floors throughout and a private rear deck for entertaining. Home comes fully furnished! This is a great option for safe city living at an affordable price. FHA, VA offers welcomed. Schedule a tour today!
Closed
$132,500
561 Formwalt St SW UNIT 12, Atlanta, GA 30312
2beds
588sqft
Condominium, Residential
Built in 1961
-- sqft lot
$132,800 Zestimate®
$225/sqft
$1,370 Estimated rent
Home value
$132,800
$125,000 - $142,000
$1,370/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 10:54pm
Listing Provided by:
Amadi McKenzie,
Realty Hub, LLC
Bought with:
Margaret McAlpine, 435175
Keller Williams Realty Atl North
Source: FMLS GA,MLS#: 7636042
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: None
- Level: None
Bedroom
- Features: None
Primary bathroom
- Features: None
Dining room
- Features: None
Kitchen
- Features: Cabinets Stain, Stone Counters, View to Family Room
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Range, Refrigerator
- Laundry: Laundry Closet, Main Level
Features
- High Speed Internet
- Flooring: Luxury Vinyl
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 588
- Total interior livable area: 588 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch
- Exterior features: Balcony, Lighting
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 588.06 sqft
- Features: Other
Details
- Additional structures: None
- Parcel number: 14 007600101311
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Other
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate, Security Lights, Smoke Detector(s)
Community
- Community features: Gated, Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Street Lights
Location
- Region: Atlanta
- Subdivision: Capitol City Square Condos
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $330 monthly
Other
Other facts
- Ownership: Condominium
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $132,500-8.6%$225/sqft |
Source:  FMLS GA #7636042 | ||
| 10/9/2025 | Pending sale | $144,999$247/sqft |
Source: FMLS GA #7636042 | ||
| 9/4/2025 | Price change | $144,999-2.7%$247/sqft |
Source: FMLS GA #7636042 | ||
| 8/20/2025 | Listed for sale | $149,000$253/sqft |
Source: FMLS GA #7636042 | ||
| 7/22/2025 | Listing removed | $149,000$253/sqft |
Source: FMLS GA #7529482 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,324 +34.9% | $56,760 +5.1% |
| 2023 | $1,723 +13.6% | $54,000 +44.1% |
| 2022 | $1,517 +2.5% | $37,480 +3.1% |
Find assessor info on the county website
Neighborhood: Mechanicsville
Nearby schools
GreatSchools rating
- 5/10Dunbar Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Maynard H. Jackson- Jr. High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Paul L. Dunbar
- Middle: Parks
- High: Maynard Jackson
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$132,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$132,800