For sale
$117,000
Est. $1,185/mo
2
bd
1 ba
588
sq ft

561 Formwalt St SW #2, Atlanta, GA 30312

map-entry
Price tag
Price drop
List price was lowered by $3K. Tour it before it's gone!

About this home

CondoProperty Type
1961Year Built
588 sq ftLot Size
$199Price/Sq.Ft.
$330/moHOA Dues
1 spaceParking
Listed by Tanya Pickens Opendoor Brokerage, LLC
Listed by Lance Stadler Opendoor Brokerage, LLC
Contact: 404-796-8789
Source:FMLS #7825751
Listing provided courtesy of First Multiple Listing Service (FMLS)
16 days on Redfin98 views1 favorites

Payment calculator

$1,185 per month

Principal and interest$615
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($23,400)
Home price
$117,000
Loan details
30-yr fixed, 6.88%
5 minutes to get started. No credit impact. 

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Around this home

Schools

Dunbar Elementary School

Public PreK-5 • Assigned • 0.3mi

4/10
King Middle School

Public 6-8 • Assigned • 0.9mi

5/10
Maynard H. Jackson- Jr. High School

Public 9-12 • Assigned • 2.0mi

6/10
Provided by GreatSchools
About
Mechanicsville

Provided by Walk Score and Local Logic

Offer insights

561 Formwalt St SW #2 · $117,000
$117K and above
75% chance or better to win
Why $117K+ is a strong offer
DAYS ON MARKET
17 days
The average home goes pending in 74 days.
SALE-TO-LIST
95.8%
Most homes are selling 4% below list price.
About offer insights

Property details

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

  • Interior features
  • Other interior features
  • No one above (single-story unit / no upper neighbors)
  • Bedrooms
  • Two main-level bedrooms
  • Master on main
  • Bathrooms
  • One full bathroom
  • Master bath with tub/shower combo
  • Kitchen
  • Stone countertops
  • Dishwasher
  • Electric range
  • Microwave
  • Laundry & utility
  • Main-level laundry
  • Flooring
  • Ceramic tile
  • Hardwood
  • Heating & cooling
  • Heat pump heating
  • Central air conditioning

Sale and tax history for 561 Formwalt St SW #2

Public record

Beds
1
Baths
1
Stories
1
Lot width
Lot depth
Lot size
Year renovated
1995
Finished Sq. Ft.
588
Unfinished Sq. Ft.
Total Sq. Ft.
588
Year built
1961
Style
Condo/Co-op
County
Fulton County
APN
14 007600101212
Parking Spaces
Basement
Accessible
HOA Dues
Garage
Features
Last updated by owner on Aug 27, 2026.

About this building

2 for sale
561 Formwalt St SW, Atlanta, GA 30312
Photo via 561 Formwalt St SW #3
Units for sale
$117,0002 beds1 bath588 sq ft
$127,0002 beds1 bath620 sq ft

Historical weather

Atlanta, GA • 30312
Average low and high temperatures (°F)
51
34
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42
72
50
78
57
79
63
87
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92
75
84
70
84
68
76
57
67
50
57
40
Jan
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May
Jun
Jul
Aug
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Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 561 Formwalt St SW #2

$114,058
$2,942 under list price of $117K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $99K to $172K.

More resources

Rental earnings

Est. $1,667 per month, based on comparable rentals

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GreatSchools Ratings provided by GreatSchools.org.