561 Formwalt St SW, Unit 10

Atlanta, GA 30312

$129,000
Price
2
Beds
620 Sq. Ft.
$208 / Sq. Ft.
620
Sq. Ft.
$208
per Sq. Ft.

Description

Holiday Special- Offering $4,000 in seller concessions! Welcome home to this beautifully updated 2-bedroom, 1-bath condo in the heart of Atlanta! Perfect for a first-time buyer, this move-in-ready unit blends modern updates with timeless charm, including original hardwood floors that add warmth and character the moment you walk in. Inside, you’ll enjoy a freshly painted interior, an updated kitchen with a brand-new conduction stove and new refrigerator, and a refreshed bathroom with new vanity, toilet,...Holiday Special- Offering $4,000 in seller concessions! Welcome home to this beautifully updated 2-bedroom, 1-bath condo in the heart of Atlanta! Perfect for a first-time buyer, this move-in-ready unit blends modern updates with timeless charm, including original hardwood floors that add warmth and character the moment you walk in. Inside, you’ll enjoy a freshly painted interior, an updated kitchen with a brand-new conduction stove and new refrigerator, and a refreshed bathroom with new vanity, toilet, and resurface shower/tub. All appliances have been regularly maintained and in great working order. Located just two miles from Atlanta’s top attractions—including State Farm Arena, Mercedes-Benz Stadium, Summerhill, and GSU—you’ll be close to everything: dining, entertainment, and major transportation hubs. Best of all, this home qualifies for Invest Atlanta down-payment assistance programs with grants up to $20,000, making ownership even more achievable. If you're dreaming of an affordable, updated home in a prime location—this is it. Welcome to your Atlanta beginning!
  1. Listed by Madeline Coffin • The Armani Agency, LLC • 404-876-4901

Property Details for 561 Formwalt Street Southwest, Unit 10

Subdivision Complex
Capitol City Square
Architectural Style
Mid-Rise (up to 5 stories)
Exterior
Courtyard
Num Of Parking Spaces
1
Parking Features
Parking Lot
Property Attached
Yes
Waterfront Features
None
LISTING UPDATED: 12/19/2025 06:18 PM

Property Details for 561 Formwalt Street Southwest, Unit 10

StatusActive
MLS #7686424
Days on Market26
Taxes$429 / year
HOA Fees$330 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1962
CountyFulton County

Location

Listing Courtesy of The Armani Agency, LLC, Madeline Coffin
Add your commute

Building Information for 561 Formwalt Street Southwest, Unit 10

Building/Complex561 Formwalt St SwFloor-Stories1Residences24Pet Policy-Pet Policy Details-Year Built1962

Payment Calculator

$1,003 per month

30 year fixed, 6.28% Interest

Principal and Interest

$637

Property Taxes

$36

HOA Dues

$330

The Payment Calculator is for illustrative purposes only.

Property Information for 561 Formwalt Street Southwest, Unit 10

Summary
Location and General Information
  • Community Features: None
  • Directions: Use GPS- park on Formwalt ST (red brick road), pedestrian entrance through the gate, unit 10 is upstairs on far right side.
  • Lake Name: None
  • View: Neighborhood
  • Coordinates: -84.395324, 33.739412
Taxes and HOA Information
  • Parcel Number: 14 007600101295
  • Tax Year: 2025
  • Master Association Fee: $330.00
  • Master Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Sewer, Termite, Trash, Water
  • HOA Rent Restrictions: No
  • Association: Yes
  • Tax Legal Description: LOT 10 CA
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Paul L. Dunbar
  • High School: Maynard Jackson
  • Middle School: Martin L. King Jr.
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Low Flow Plumbing Fixtures
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: Double Pane Windows
  • Bedroom Features: None
  • Diningroom Features: None
  • Kitchen Features: Stone Counters
  • Master Bathroom Features: None
  • Foundation: Brick/Mortar
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • Bathrooms Total Interger: 1
  • Main Full Baths: 1
  • Additional Rooms: Attic
  • Bathrooms Total Decimal: 1.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Dock: None
  • Fencing: Fenced
  • Horse Amenities: None
  • Patio And Porch Features: Rear Porch
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Composition
  • Security Features: Fire Alarm, Security Gate
  • Spa Features: None
  • Laundry Features: Laundry Closet
  • Pool Private: No
  • Road Frontage Type: City Street
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 220 Volts
Property and Assessments
  • FHA Condo Approval: No
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional, VA Loan
  • Property Condition: Resale
  • Representative of Property: Yes
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Above Grade Finished Area: 620.0
  • SqFt Source: Public Records
  • Square Footage: 620.0
  • Common Walls: 1 Common Wall
  • Lot Features: Level
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 24
Income & Expenses Information
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Tenant

Property History for 561 Formwalt Street Southwest, Unit 10

DateEvent & SourcePriceAppreciation
Jan 9, 2019

Sold (Public Record)

Public Record #639920333

$92,500

+17.5% / yr

Nov 30, 2015

Sold (Public Record)

Public Record #561343272

$56,000

+32.2% / yr

Dec 13, 2011

Sold (Public Record)

Public Record #321367276

$18,500—
Dec 13, 2011

Sold (Public Record)

Public Record #321431840

$18,500

-23.3% / yr

Jun 1, 2005

Sold (Public Record)

Public Record #308413593

$104,900—
DateEvent & SourcePrice
01/09/2019

Sold (Public Record)

Public Record #639920333

$92,500

+17.5% / yr

11/30/2015

Sold (Public Record)

Public Record #561343272

$56,000

+32.2% / yr

12/13/2011

Sold (Public Record)

Public Record #321367276

$18,500
12/13/2011

Sold (Public Record)

Public Record #321431840

$18,500

-23.3% / yr

06/01/2005

Sold (Public Record)

Public Record #308413593

$104,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 561 Formwalt Street Southwest, Unit 10

Taxable ValueLand$7,080Additions$47,480Total$54,560
Home Facts
Beds1Baths1Total Finished SqFt620 SqFtAbove Grade Finished SqFt620 SqFtStories1Lot Size610 SqFtStyleCondominiumYear Built1961Year Renovated1995ZoningRG2CountyFULTONAPN14 007600101295

Schools near 561 Formwalt Street Southwest, Unit 10

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Dunbar Elementary School
Public - PK to 5
King Middle School
Public - 6 to 8
Maynard H. Jackson- Jr. High School
Public - 9 to 12
Wesley International Academy
Charter - K to 8
Rating
School
Distance
Dunbar Elementary School
PublicPK to 5

King Middle School
Public6 to 8

Maynard H. Jackson- Jr. High School
Public9 to 12

Wesley International Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 561 Formwalt Street Southwest, Unit 10, Atlanta, GA 30312

561 Formwalt Street Southwest, Unit 10 is a condo for sale in Atlanta, GA 30312. This property was listed for sale on November 27, 2025 by The Armani Agency, LLC, it's currently listed at $129,000. It has been on the market for a total of 26 days and was last sold on January 9, 2019. This listing's school district is Atlanta Public Schools. Nearby schools include Dunbar Elementary School, King Middle School and Maynard H. Jackson- Jr. High School. 561 Formwalt Street Southwest, Unit 10 is a 2-bed, 1-bath, 620 sqft condo built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Armani Agency, LLC, Madeline Coffin

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.