561 Formwalt St SW #5, Atlanta, GA 30312-2689

Off market jan 2016 for $47K

$137,637

Est. refi paymentEst. refi $136/mo

•

583

sq ft

561 Formwalt St SW #5, Atlanta, GA 30312-2689

About this home

CondoProperty Type

1961Year Built

566 sq ftLot Size

$236Est. Price/Sq.Ft.

1 car garageParking

Listed by Stephanie Kennedy • RBS Realty

Bought with Stephanie Kennedy • RBS Realty

Redfin checked: 2 minutes ago

•Source:GAMLS #7548234

Redfin Estimate

$137,637

$90K since sold in January 2016$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 27.1% higher than the average sale price ($108K) of 5 comparable homes.

SOLD AUG 28, 2026
$125,000
A
1 bed1 bath576 sq ft
562 Formwalt St #4, Atlanta, GA 30312
SOLD BY REDFIN SEP 11, 2026
$70,000
B
1 bed1 bath543 sq ft
20 Marietta St NW Unit 17F, Atlanta, GA 30303
SOLD OCT 17, 2025
$132,500
C
2 beds1 bath588 sq ft
561 Formwalt St SW #12, Atlanta, GA 30312
SOLD JUN 22, 2026
$99,000
D
1 bed1 bath590 sq ft
20 Marietta St NW Unit 9E, Atlanta, GA 30303
SOLD JUL 30, 2026
$115,000
E
1 bed1 bath598 sq ft
32 Peachtree St NW #204, Atlanta, GA 30303

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,683/mo

Redfin rental estimate

List your home for rent

Market trends in Mechanicsville, GA

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.7%

0.5% MoM

Median sale price

$265K

$45K MoM

Avg. days on market

56d

16 days MoM

Recently sold homes

1 MoM

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1015 Mcgill Park Ave NE, Atlanta, GA 30312
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Provided by Redfin

Sale history for 561 Formwalt St SW #5

Date

Event

Price

GAMLS #10686034

Jun 30, 2026

Listing Removed

—

Feb 5, 2026

Listed

$135,000

$232/sq ft

TURBOTENANT #2

Mar 21, 2026

Rental Removed

$1,300

$2/sq ft

Feb 19, 2026

Price Changed

$1,300

$2/sq ft

Feb 18, 2026

Listed for Rent

$1,250

$2/sq ft

Feb 9, 2026

Rental Removed

$1,250

$2/sq ft

Feb 4, 2026

Listed for Rent

$1,250

$2/sq ft

Feb 4, 2025

Rental Removed

$1,250

$2/sq ft

Jan 31, 2025

Listed for Rent

$1,250

$2/sq ft

GAMLS #10590496

Nov 30, 2025

Listing Removed

—

Aug 23, 2025

Listed

$117,500

$202/sq ft

FMLS #7524995

Jul 31, 2025

Listing Removed

—

Jun 27, 2025

Price Changed

$117,500

$202/sq ft

May 25, 2025

Price Changed

$125,000

$214/sq ft

May 23, 2025

Price Changed

$130,000

$223/sq ft

Feb 14, 2025

Listed

$140,000

$240/sq ft

GAMLS #10462627

Jul 31, 2025

Listing Removed

—

Feb 14, 2025

Listed

$140,000

$240/sq ft

FMLS #7491872

Jan 31, 2025

Listing Removed

—

Dec 4, 2024

Price Changed

$135,000

$232/sq ft

Nov 27, 2024

Listed

$150,000

$257/sq ft

GAMLS #10421146

Jan 31, 2025

Listing Removed

—

Nov 27, 2024

Listed

$150,000

$257/sq ft

APPFOLIO #1

Oct 5, 2023

Rental Removed

$1,250

$2/sq ft

Aug 5, 2023

Listed for Rent

$1,250

$2/sq ft

Public Records

Feb 3, 2016

Sold

$47,500

$81/sq ft

GAMLS #7548234

Feb 17, 2016

Price Changed

$47,500

$81/sq ft

Jan 19, 2016

Sold

$47,500

$81/sq ft

Jan 13, 2016

Pending

—

Jan 13, 2016

Price Changed

$55,000

$94/sq ft

Jan 4, 2016

Relisted

—

Dec 21, 2015

Pending

—

Nov 5, 2015

Price Changed

$55,000

$94/sq ft

Nov 5, 2015

Listed

$52,000

$89/sq ft

GAMLS #3189518

Oct 31, 2014

Price Changed

$19,500

$33/sq ft

Jun 25, 2012

Listing Removed

—

Jun 22, 2012

Sold

$19,500

$33/sq ft

May 4, 2012

Contingent

—

May 3, 2012

Price Changed

$24,500

$42/sq ft

Feb 17, 2012

Listed

$24,500

$42/sq ft

Public Records

May 8, 2013

Sold

$37,500

$64/sq ft

Public Records

Jul 3, 2012

Sold

$19,500

$33/sq ft

FMLS #4326582

Jun 26, 2012

Price Changed

$19,500

$33/sq ft

Jun 26, 2012

Listing Removed

—

Jun 22, 2012

Price Changed

$24,500

$42/sq ft

Jun 22, 2012

Sold

$19,500

$33/sq ft

May 4, 2012

Pending

—

Feb 17, 2012

Listed

$24,500

$42/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,158 (−12.7%)

$6,680 + $46,080

$52,760

2024

$2,473

$7,640 + $52,760

$60,400

2023

$2,473 (+63.9%)

$7,640 + $52,760

$60,400

2022

$1,509 (+2.9%)

$4,720 + $32,560

$37,280

2021

$1,466 (+0.1%)

$4,560 + $31,640

$36,200

2020

$1,465 (−7.1%)

$4,520 + $31,240

$35,760

2019

$1,576 (+51.8%)

$4,160 + $34,200

$38,360

2018

$1,038 (+135.7%)

$4,160 + $34,200

$38,360

2017

$441 (−0.3%)

$3,000 + $22,080

$25,080

2016

$442

$1,560 + $8,640

$10,200

2015

$442 (−4.3%)

$1,560 + $8,640

$10,200

2014

$462 (+79.3%)

$1,560 + $8,640

$10,200

2012

$258 (−46.7%)

$1,240 + $4,560

$5,800

2011

$483 (−69.6%)

$1,240 + $4,560

$5,800

2010

$1,590

$3,880 + $32,120

$36,000

2009

$1,590

$3,880 + $32,120

$36,000

2008

$1,590

$3,880 + $32,120

$36,000

Tax history for 561 Formwalt St SW #5

Year

Property tax

Land + Additions

Assessment*

2025

$2,158 (−12.7%)

$6,680 + $46,080

$52,760

2024

$2,473

$7,640 + $52,760

$60,400

2023

$2,473 (+63.9%)

$7,640 + $52,760

$60,400

2022

$1,509 (+2.9%)

$4,720 + $32,560

$37,280

2021

$1,466 (+0.1%)

$4,560 + $31,640

$36,200

2020

$1,465 (−7.1%)

$4,520 + $31,240

$35,760

2019

$1,576 (+51.8%)

$4,160 + $34,200

$38,360

2018

$1,038 (+135.7%)

$4,160 + $34,200

$38,360

2017

$441 (−0.3%)

$3,000 + $22,080

$25,080

2016

$442

$1,560 + $8,640

$10,200

2015

$442 (−4.3%)

$1,560 + $8,640

$10,200

2014

$462 (+79.3%)

$1,560 + $8,640

$10,200

2012

$258 (−46.7%)

$1,240 + $4,560

$5,800

2011

$483 (−69.6%)

$1,240 + $4,560

$5,800

2010

$1,590

$3,880 + $32,120

$36,000

2009

$1,590

$3,880 + $32,120

$36,000

2008

$1,590

$3,880 + $32,120

$36,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

1995

Sq. Ft.

583

Year built

1961

Style

Condo/Co-op

County

Fulton County

APN

14 007600101246

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

Property details

Parking

Garage
Has Garage

Parking Information
Parking Features: Detached

Interior

Bathroom Information
Bathrooms Total Integer: 1
Bathrooms Total Decimal: 1
Bathrooms Full: 1
Main Level Bathrooms: 1

Bedroom Information
Bedrooms Total: 2
Main Level Bedrooms: 2

Heating & Cooling
Has Heating
Heating: Other, Central
Has Cooling
Cooling: Other, Central Air

Interior Features
Interior Features: High Ceilings
Living Area: 583
Living Area Units: Square Feet
Living Area Source: Public Records
Above Grade Finished Area: 583
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area: 0
Below Grade Finished Area Units: Square Feet
Below Grade Unfinished: 0
Levels: One
Appliances: Dishwasher, Oven/Range (Combo)
Flooring: Hardwood
Fireplaces Total: 0
Common Walls: No One Above

Room Information
Room Dining Room Features: Dining Rm/Living Rm Combo
Room Kitchen Features: Solid Surface Counters
Basement: None
Room Types: Great Room

Exterior

Exterior Features
Exterior Features: Balcony
Roof: Other
Foundation Details: Slab

Property Information
Property Condition: Resale
Property Type: Residential
Property Sub Type: Condominium
Section: 0

Land Information
Land Lot: 0076

Lot Information
Is Waterfront
Lot Size Area: 566.28
Lot Size Square Feet: 566.28
Lot Size Acres: 0.013
Lot Size Source: Public Records
Lot Features: None
Waterfront Features: No Dock Or Boathouse
Plat Page: 0

Building Information
Year Built: 1961
Building Area Total: 583
Building Area Units: Square Feet
Building Area Source: Public Records

Financial

Tax Information
Parcel Number: 14 007600101246
Tax Annual Amount: 462
Tax Year: 2014

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Utilities: Sewer Connected

Location

Other Expenses
Initiation Fee: 0

HOA Information
Has Association
Association Fee: 0
Association Fee Includes: Insurance, Water

School Information
Elementary School: Dunbar
Middle Or Junior School: King
High School: MH Jackson Jr

Bus Information
Es Bus Yn: No
Ms Bus Yn: No
Hs Bus Yn: No

Location Information
Unparsed Address: 561 Formwalt Street SW # 5, Atlanta GA 30312-2689
Unit Number: 5
State Or Province: GA
PostalCode: 30312-2689
Country: US
District: 14
Subdivision Name: Capitol City Square
Coordinates: -84.3961509,33.7393759
Directions: google maps, gps or mapquest

Community Information
Community Features: Gated, Near Public Transport

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 583
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1961
Year Renovated: 1995
County: Fulton County
APN: 14 007600101246

Home facts updated by county records on Oct 9, 2026

Other

Miscellaneous Information
Photos Count: 6

Listing Information
List Price: 55000
Search Price: 47500
Close Price: 47500
Listing Id: 7548234
Original List Price: 52000

Listing Date Information
On Market Date: 2015-10-15
Close Date: 2016-01-19
Due Diligence Date: 2015-12-21
Purchase Contract Date: 2016-01-13
Return To Market Date: 2016-01-04
Off Market Date: 2016-01-13

About this building

2 for sale

561 Formwalt St SW, Atlanta, GA 30312

See photos & sale trends

Photo via 2 listing

Units for sale


10	$99,500	2 beds	1 bath	620 sq ft
2	$112,000	2 beds	1 bath	588 sq ft

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

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Atlanta, GA • 30312-2689

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Atlanta. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$131,000 – $159,000

Sell confidently with a local market expert in Atlanta. 3 minutes to get started.

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Home values near 561 Formwalt St SW #5

Data from public records.

Address	Redfin Estimate
571 Formwalt St SW Apt 11, Atlanta, GA 1 Beds \| 1 Baths \| 587 Sq. Ft.	$125,735
561 Formwalt St SW Apt 3, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$142,124

Address	Redfin Estimate
561 Formwalt St SW Apt 1, Atlanta, GA 1 Beds \| 1 Baths \| 588 Sq. Ft.	$131,834
571 Formwalt St SW Apt 1, Atlanta, GA 2 Beds \| 1 Baths \| 587 Sq. Ft.	$135,290

Address	Redfin Estimate
561 Formwalt St SW Apt 9, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$127,045
571 Formwalt St SW Apt 6, Atlanta, GA 1 Beds \| 1 Baths \| 583 Sq. Ft.	$129,304

Property information provided by undefined .

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About this home

Redfin Estimate

Earn from this home

Market trends in Mechanicsville, GA

Sale history for 561 Formwalt St SW #5

Tax history for 561 Formwalt St SW #5

Public record

Property details

About this building

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 30312

Home values near 561 Formwalt St SW #5

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