561 Formwalt St SW is a one-story Atlanta home with a functional layout and modern finishes throughout. The kitchen features stainless steel appliances and quartz countertops, creating a polished and well-equipped cooking space. The primary bedroom includes double closets for convenient storage and organization. A deck extends the living space outdoors, creating ample room for relaxation and entertaining. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. Included 100-Day Home Warranty with buyer activation
Active
$120,000
561 Formwalt St SW Unit 2, Atlanta, GA 30312
2beds
588sqft
Condominium
Built in 1961
-- sqft lot
$122,300 Zestimate®
$204/sqft
$-- HOA
What's special
- 1 day |
- 8 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Tanya Pickens 404-796-8789,
Opendoor Brokerage,
Lance Stadler 678-866-0311,
Opendoor Brokerage
Source: GAMLS,MLS#: 10831133
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Family Room
Heating
- Heat Pump, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Dishwasher, Oven/Range (Combo)
- Laundry: Other
Features
- Other
- Flooring: Tile, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 588
- Total interior livable area: 588 sqft
- Finished area above ground: 588
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
Lot
- Size: 435 Square Feet
- Features: None
Details
- Parcel number: 14 007600101212
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Other, Brick
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Electricity Available, Sewer Available
Community & HOA
Community
- Features: None
- Subdivision: CAPITOL CITY SQUARE
HOA
- Has HOA: Yes
- Services included: Trash, Other
Location
- Region: Atlanta
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $132,500
- Annual tax amount: $2,168
- Date on market: 8/21/2026
- Cumulative days on market: 1 day
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$122,300
$106,000 - $138,000
$1,473/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $120,000+0.8%$204/sqft |
Source:  GAMLS #10831133 Report a problem | ||
| 10/8/2015 | Listing removed | $775$1/sqft |
Source: Boundless Management Report a problem | ||
| 8/15/2015 | Listed for rent | $775+6.9%$1/sqft |
Source: Boundless Management Report a problem | ||
| 8/4/2014 | Listing removed | $725$1/sqft |
Source: Boundless Management Report a problem | ||
| 7/4/2014 | Listed for rent | $725+7.4%$1/sqft |
Source: Boundless Management Report a problem | ||
| 8/19/2012 | Listing removed | $675$1/sqft |
Source: Boundless Management Report a problem | ||
| 7/12/2012 | Price change | $675-3.4%$1/sqft |
Source: Boundless Management Report a problem | ||
| 7/6/2012 | Listed for rent | $699$1/sqft |
Source: Boundless Management Report a problem | ||
| 4/7/2005 | Sold | $119,000$202/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,168 -12.7% | $53,000 -12.7% |
| 2024 | $2,484 +28.3% | $60,680 |
| 2023 | $1,936 +27.6% | $60,680 +61.9% |
| 2022 | $1,517 +3% | $37,480 +3.1% |
| 2021 | $1,473 -1.1% | $36,360 +1.1% |
| 2020 | $1,489 +49.2% | $35,960 +8.8% |
| 2019 | $998 | $33,040 +43.7% |
| 2018 | $998 | $23,000 +145.7% |
| 2017 | $998 +121.9% | $9,360 |
| 2016 | $450 +10.7% | $9,360 |
| 2015 | $406 -4.3% | $9,360 |
| 2014 | $424 +79.5% | $9,360 +74.6% |
| 2013 | $236 +11055.2% | $5,360 |
| 2012 | $2 | $5,360 -46.2% |
| 2011 | -- | $9,960 -65% |
| 2010 | $155 | $28,480 |
| 2009 | -- | $28,480 -13.6% |
| 2008 | -- | $32,960 -1.1% |
| 2007 | $64 | $33,320 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mechanicsville
Nearby schools
GreatSchools rating
- 4/10Dunbar 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: Dunbar
- Middle: King
- High: MH Jackson Jr
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $135,0002 bd1 ba620 sqft561 Formwalt St SW UNIT 10, Atlanta, GA 30312For Sale
- $111,3002 bd1 ba800 sqft571 Formwalt St SW UNIT 7, Atlanta, GA 30312Off Market
- $1,3452 bd1 ba800 sqft571 Formwalt St SW UNIT 8, Atlanta, GA 30312For Rent
- $105,0002 bd1 ba587 sqft571 Formwalt St SW UNIT 11, Atlanta, GA 30312Off Market
- $120,3002 bd1 ba800 sqft571 Formwalt St SW UNIT 1, Atlanta, GA 30312Off Market
- $143,0002 bd1 ba-- sqft571 Formwalt St SW, Atlanta, GA 30312Sold
- $113,6002 bd1 ba600 sqft571 Formwalt St SW UNIT 2, Atlanta, GA 30312Off Market
- $101,9002 bd1 ba618 sqft571 Formwalt St SW, Atlanta, GA 30312Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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