A PERFECT INVESTOR OPPORTUNITY FOR FIRST TIME BUYER. HARDWOOD FLOORING, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES AND SKYLIGHT IN KITCHEN. GREAT LOCATION CLOSE TO COLLEGE, DOWNTOWN, TURNER FIELD AND 1-75/85/20. RECENTLY RENOVATED.
CondoProperty Type
1961Year Built
$202Est. Price/Sq.Ft.
Listed by Neita Jones• BHGRE Metro Brokers
Bought with AVERY GUZMAN• Coldwell Banker Realty
Source:FMLS #5809936
Redfin Estimate
$116,342
$51K since sold in May 2017$17K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.3% lower than the average sale price ($118K) of 6 comparable homes.
A PERFECT INVESTOR OPPORTUNITY FOR FIRST TIME BUYER. HARDWOOD FLOORING, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES AND SKYLIGHT IN KITCHEN. GREAT LOCATION CLOSE TO COLLEGE, DOWNTOWN, TURNER FIELD AND 1-75/85/20. RECENTLY RENOVATED.
FMLS #5809936
May 8, 2017
Sold
$65,000
$113/sq ft
Apr 17, 2017
Contingent
—
Feb 24, 2017
Listed
$65,000
$113/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,207 (+4.0%)
$7,040 + $46,920
$53,960
2025
$2,122 (−12.7%)
$6,600 + $45,280
$51,880
2024
$2,432
$7,560 + $51,840
$59,400
2023
$2,432 (+64.0%)
$7,560 + $51,840
$59,400
2022
$1,483 (+336.6%)
$4,640 + $32,000
$36,640
2021
$340 (−76.4%)
$4,520 + $31,080
$35,600
2020
$1,440 (+42.0%)
$4,440 + $30,720
$35,160
2019
$1,014 (−0.8%)
$4,080 + $33,600
$37,680
2018
$1,022 (+135.6%)
$4,080 + $33,600
$37,680
2017
$434 (−0.3%)
$2,960 + $21,720
$24,680
2016
$435
$1,560 + $8,480
$10,040
2015
$435 (−4.4%)
$1,560 + $8,480
$10,040
2014
$455 (+79.0%)
$1,560 + $8,480
$10,040
2012
$254 (−46.6%)
$1,240 + $4,480
$5,720
2011
$476 (−58.5%)
$1,240 + $4,480
$5,720
2010
$1,147 (−15.0%)
$3,840 + $26,720
$30,560
2009
$1,350
$3,840 + $26,720
$30,560
2008
$1,350
$3,840 + $26,720
$30,560
Tax history for 562 Formwalt St SW #6
Year
Property tax
Land + Additions
Assessment*
2026
$2,207 (+4.0%)
$7,040 + $46,920
$53,960
2025
$2,122 (−12.7%)
$6,600 + $45,280
$51,880
2024
$2,432
$7,560 + $51,840
$59,400
2023
$2,432 (+64.0%)
$7,560 + $51,840
$59,400
2022
$1,483 (+336.6%)
$4,640 + $32,000
$36,640
2021
$340 (−76.4%)
$4,520 + $31,080
$35,600
2020
$1,440 (+42.0%)
$4,440 + $30,720
$35,160
2019
$1,014 (−0.8%)
$4,080 + $33,600
$37,680
2018
$1,022 (+135.6%)
$4,080 + $33,600
$37,680
2017
$434 (−0.3%)
$2,960 + $21,720
$24,680
2016
$435
$1,560 + $8,480
$10,040
2015
$435 (−4.4%)
$1,560 + $8,480
$10,040
2014
$455 (+79.0%)
$1,560 + $8,480
$10,040
2012
$254 (−46.6%)
$1,240 + $4,480
$5,720
2011
$476 (−58.5%)
$1,240 + $4,480
$5,720
2010
$1,147 (−15.0%)
$3,840 + $26,720
$30,560
2009
$1,350
$3,840 + $26,720
$30,560
2008
$1,350
$3,840 + $26,720
$30,560
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1995
Sq. Ft.
576
Year built
1961
Style
Condo/Co-op
County
Fulton County
APN
14 007600101535
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 11, 2026.
SPI-18 SA4
Mechanicsville Neighborhood Special Public Interest District - Subarea 4: Multi-Family
The intent of the council in establishing SPI-18 Mechanicsville Neighborhood Special Public Interest District as a zoning district is as follows: Create a diversified city where people across the spectrum of age, income, ethnicity, and culture can live, work, shop, meet, and play; Improve the aesthetics of streets and the built environment; Ensure through the administration of specific standards and criteria that new housing achieve architectural, site and street design consistent with the existing historic built environment. Protect the historic character of the single-family residential areas; Facilitate safe, pleasant, and convenient sidewalk-level pedestrian circulation that minimizes impediments by vehicles; Promote public safety through the provision of pedestrian-oriented street-level uses, sufficient sidewalk widths, adequate visibility from adjacent buildings and primary pedestrian access from buildings to adjacent sidewalks; Ensure pedestrian-oriented building forms which are compatible with the scale, character and needs of the neighborhood; Encourage a grid of connected streets to improve access and reduce congestion: Facilitate safe and convenient bicycle usage; Encourage a compatible mixture of residential, commercial, cultural and recreational uses; Promote an appropriate balance and scale of commercial uses which meet the needs of nearby residents; Encourage infill and rehabilitation development within traditionally commercial areas that include proportionately significant residential uses; Place reasonable controls on the development of larger scale highway-oriented retail, service, office and dining uses which are intended to serve larger areas of the city than a single neighborhood or a small group of neighborhoods; Encourage owner occupancy and retention of single-family residential structures compatible with the character of the Mechanicsville residential neighborhood while permitting two-family and multi-family housing in appropriate locations; Provide a range of housing types and prices to meet different housing needs; Prevent encroachment of incompatible commercial uses and minimize commercial parking in residential subareas; Provide accessible and sufficient parking in an unobtrusive manner; Reduce parking requirements by encouraging shared parking and alternative modes of transportation; Provide sufficient, safe and accessible parks, plazas and greenways for active and passive enjoyment; and Improve the quality of air and water through provisions for the planting of trees, bicycle parking and an urban form that reduces the need to drive.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Educational/school
Park & open space
Property details
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Master Bathroom Features: Tub/Shower Combo
Bedroom Information
# of Main Level Bedrooms: 1
Bedroom Features: Other
Interior Features
Interior Features: Other
Common Walls: 2+ Common Walls
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator