Off market may 2025 for $138K

$138,395

•

583

sq ft

561 Formwalt St SW #6, Atlanta, GA 30312

About this home

Welcome to your new sanctuary at 571 Formwalt St, SW Atlanta, GA 30312, a beautifully modern condo that perfectly blends style with functionality. Ideal for college students or parents looking for a vibrant community setting, this 2-bedroom, 1-bathroom gem is truly a rare find in the heart of Atlanta. Upon entering, you’ll be greeted by a contemporary design that features sleek finishes and an open layout, making it perfect for both entertaining and everyday living. The cozy living area flows seamlessly into the chic kitchen, where modern appliances and ample counter space await culinary enthusiasts. Each bedroom offers the comfort and privacy essential for busy students or family members, creating a peaceful retreat at the end of the day. Located in a gated community, the security and serene environment you crave while still enjoying urban living are right at your fingertips. The walkability of this neighborhood is exceptional, allowing you to explore local parks, cafes, and shops with ease. Education is just a stone's throw away, with prominent institutions nearby. The renowned Morehouse College and Atlanta Metropolitan State College are each under 2 miles from your new home, making your commute hassle-free. For those who enjoy outdoor activities, the picturesque Grant Park—home to the Atlanta Zoo—is only 1.5 miles away, offering lush green spaces for relaxation or recreational pursuits. Additionally, you'll find delightful dining options just around the corner, such as the popular Grant Park Coffeehouse and other local eateries. Living at 571 Formwalt St. not only offers a modern lifestyle but also a connected community experience—a perfect combination for students or those supporting them. This is more than just a home; it's a lifestyle that encourages growth and enrichment. Don’t miss your chance to own this contemporary condo in such a prime location! Schedule a viewing today to experience everything this exceptional property has to offer. Reach out now to secure your new home in Atlanta!

CondoProperty Type

1961Year Built

583 sq ftLot Size

$237Est. Price/Sq.Ft.

1 spaceParking

Listed by Gina Smith • Coldwell Banker Realty

Bought with Larry Gore • HomeSmart

Source:FMLS #7549900

Redfin Estimate

$138,395

$105 since sold in May 2025$3,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.6% higher than the average sale price ($103K) of 5 comparable homes.

SOLD AUG 28, 2026
$125,000
A
1 bed1 bath576 sq ft
562 Formwalt St #4, Atlanta, GA 30312
SOLD OCT 30, 2026
$105,000
B
1 bed1 bath591 sq ft
32 Peachtree St NW #1101, Atlanta, GA 30303
SOLD BY REDFIN SEP 11, 2026
$70,000
C
1 bed1 bath543 sq ft
20 Marietta St NW Unit 17F, Atlanta, GA 30303
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

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$1,638/mo

Redfin rental estimate

List your home for rent

Market trends in Mechanicsville, GA

Last updated October 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

New listings for sale

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3D WALKTHROUGH
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VIDEO TOUR
$424,900
2 beds2 baths1,686 sq ft
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$158,000
1 bed1 bath750 sq ft
502 Pryor St SW #217, Atlanta, GA 30312
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2 beds1 bath1,275 sq ft
565 Sydney St SE, Atlanta, GA 30312
3D WALKTHROUGH
$420,000
3 beds2 baths876 sq ft
706 Mercer St SE, Atlanta, GA 30312
$529,900
3 beds3 baths1,958 sq ft
710 Province Pl SE, Atlanta, GA 30312
$685,000
3 beds3 baths1,920 sq ft
440 Gartrell St SE, Atlanta, GA 30312
$399,000
1 bed1 bath1,220 sq ft
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$950,000
3 beds3 baths2,298 sq ft
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See all

Provided by Redfin

Sale history for 561 Formwalt St SW #6

Date

Event

Price

FMLS #7549900

May 30, 2025

Sold

$138,500

$238/sq ft

May 13, 2025

Pending

—

Apr 9, 2025

Contingent

—

Mar 25, 2025

Listed

$135,000

$232/sq ft

GAMLS #10490030

May 30, 2025

Sold

$138,500

$238/sq ft

May 23, 2025

Pending

—

Apr 10, 2025

Contingent

—

Mar 25, 2025

Listed

$135,000

$232/sq ft

Welcome to your new sanctuary at 571 Formwalt St, SW Atlanta, GA 30312, a beautifully modern condo that perfectly blends style with functionality. Ideal for college students or parents looking for a vibrant community setting, this 2-bedroom, 1-bathroom gem is truly a rare find in the heart of Atlanta. Upon entering, youCOll be greeted by a contemporary design that features sleek finishes and an open layout, making it perfect for both entertaining and everyday living. The cozy living area flows seamlessly into the chic kitchen, where modern appliances and ample counter space await culinary enthusiasts. Each bedroom offers the comfort and privacy essential for busy students or family members, creating a peaceful retreat at the end of the day. Located in a gated community, the security and serene environment you crave while still enjoying urban living are right at your fingertips. The walkability of this neighborhood is exceptional, allowing you to explore local parks, cafes, and shops with ease. Education is just a stone's throw away, with prominent institutions nearby. The renowned Morehouse College and Atlanta Metropolitan State College are each under 2 miles from your new home, making your commute hassle-free. For those who enjoy outdoor activities, the picturesque Grant ParkCohome to the Atlanta ZooCois only 1.5 miles away, offering lush green spaces for relaxation or recreational pursuits. Additionally, you'll find delightful dining options just around the corner, such as the popular Grant Park Coffeehouse and other local eateries. Living at 571 Formwalt St. not only offers a modern lifestyle but also a connected community experienceCoa perfect combination for students or those supporting them. This is more than just a home; it's a lifestyle that encourages growth and enrichment. DonCOt miss your chance to own this contemporary condo in such a prime location! Schedule a viewing today to experience everything this exceptional property has to offer. Reach out now to secure your new home in Atlanta!

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 #6

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

1996

Sq. Ft.

583

Year built

1961

Style

Condo/Co-op

County

Fulton County

APN

14 007600101253

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 9, 2026.

Property details

Parking

Parking Information
# of Total Parking: 1
Parking Features: Assigned

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Master Bathroom Features: None

Bedroom Information
# of Main Level Bedrooms: 2
Bedroom Features: Roommate Floor Plan

Interior Features
Interior Features: High Ceilings 9 ft Main
Window Features: Double Pane Windows
Common Walls: 2+ Common Walls, No One Above
Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring: Ceramic Tile, Hardwood

Room Information
LaundryFeatures: In Hall
Kitchen Features: Cabinets Other,Solid Surface Counters,View to Family Room
Dining Room Features: None
Room Type: Living Room

Exterior

Property Information
Levels: One
Construction Materials: Brick 4 Sides
Exterior Features: Balcony
Roof: Shingle
Fencing: Wrought Iron
Patio And Porch Features: Rear Porch
Property Condition: Resale
Foundation Details: Brick/Mortar
Ownership: Condominium

Lot Information
TaxLegalDescription: LOT 6 CAPITOL CITY SQUARE

Financial

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Cooling: Central Air
Heating: Central, Electric
Water Source: Public
Electric: 110 Volts
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available

Location

Multi-Family Information
# Of Units In Community: 1

HOA Information
Association Fee: $330
Association Fee Frequency: Monthly
Has Association

School Information
Elementary School: Paul L. Dunbar
Middle Or Junior School: Martin L. King Jr.
High School: Maynard Jackson

Location Information
Directions: Take 75/85 to MLK Jr Dr, exit west. Take left on Pryor street, right on Crumley street, the left on Formwalt.
Road Surface Type: Asphalt
Road Frontage Type: City Street

Community Information
Community Features: Gated

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 583
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1961
Year Renovated: 1996
County: Fulton County
APN: 14 007600101253

Home facts updated by county records on Oct 9, 2026

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	$110,000	2 beds	1 bath	588 sq ft

Around this home

Schools

K - 12
Preschool & daycare

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

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 5 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$132,000 – $160,000

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Home values near 561 Formwalt St SW #6

Data from public records.

Address	Redfin Estimate
571 Formwalt St SW Apartment 11, Atlanta, GA 1 Beds \| 1 Baths \| 587 Sq. Ft.	$124,398
561 Formwalt St SW Apartment 3, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$140,810
577 Formwalt St SW, Atlanta, GA 3 Beds \| 1 Baths \| 1120 Sq. Ft.	$188,438
561 Formwalt St SW Apartment 12, Atlanta, GA 2 Beds \| 1 Baths \| 588 Sq. Ft.	$140,477
561 Formwalt St SW Apartment 10, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$97,562
571 Formwalt St SW Apartment 2, Atlanta, GA 1 Beds \| 1 Baths \| 588 Sq. Ft.	$138,736
571 Formwalt St SW Apartment 12, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	—

Address	Redfin Estimate
561 Formwalt St SW Apartment 1, Atlanta, GA 1 Beds \| 1 Baths \| 588 Sq. Ft.	$131,198
571 Formwalt St SW Apartment 1, Atlanta, GA 2 Beds \| 1 Baths \| 587 Sq. Ft.	$137,317
561 Formwalt St SW Apartment 4, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$138,627
571 Formwalt St SW Apartment 4, Atlanta, GA - Beds \| - Baths \| - Sq. Ft.	$172,569
571 Formwalt St SW Apartment 10, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$136,821
571 Formwalt St SW Apartment 7, Atlanta, GA 2 Beds \| 1 Baths \| - Sq. Ft.	$123,218
571 Formwalt St SW Apartment 9, Atlanta, GA 2 Beds \| 1 Baths \| 618 Sq. Ft.	$140,952

Address	Redfin Estimate
561 Formwalt St SW Apartment 9, Atlanta, GA 2 Beds \| 1 Baths \| 620 Sq. Ft.	$122,639
571 Formwalt St SW Apartment 6, Atlanta, GA 1 Beds \| 1 Baths \| 583 Sq. Ft.	$132,773
561 Formwalt St SW Apartment 2, Atlanta, GA 2 Beds \| 1 Baths \| 588 Sq. Ft.	$105,773
571 Formwalt St SW Apartment 8, Atlanta, GA 2 Beds \| 1 Baths \| 584 Sq. Ft.	$130,258
561 Formwalt St SW Apartment 5, Atlanta, GA 2 Beds \| 1 Baths \| 583 Sq. Ft.	$137,291
561 Formwalt St SW Apartment 7, Atlanta, GA 1 Beds \| 1 Baths \| 582 Sq. Ft.	$130,224
571 Formwalt St SW Apartment 5, Atlanta, GA 2 Beds \| 1 Baths \| 583 Sq. Ft.	$134,987

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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 #6

Tax history for 561 Formwalt St SW #6

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 #6

More real estate resources