Sold
Last Sold Price
2 beds772 sqft

562 Formwalt St SW, Unit 2, Atlanta, GA 30312

CondoProperty Type
1961Year Built
$291/sq ftPrice per sq ft
$135/moHOA Fees
1 carParking Spaces

Description

Perfect Two bedroom condo for Investors and first time buyers! NO RENTAL RESTRICTIONS! Contemporary style on top floor. Exposed brick walls in kitchen & bedrooms. Skylight allows for natural light. Laundry room, deck, breakfast bar, modern light fixtures. This condo has a great location and surroundings. Close to GA State, Capital, Mercedes Benz Stadium, Georgia State, Airport, I-75/85 & downtown. HUGE deck with a great view. Kitchen with granite countertops ,SS appliances, off-street parking.Perfect Two bedroom condo for Investors and first time buyers! NO RENTAL RESTRICTIONS! Contemporary style on top floor. Exposed brick walls in kitchen & bedrooms. Skylight allows for natural light. Laundry room, deck, breakfast bar, modern light fixtures. This condo has a great location and surroundings. Close to GA State, Capital, Mercedes Benz Stadium, Georgia State, Airport, I-75/85 & downtown. HUGE deck with a great view. Kitchen with granite countertops ,SS appliances, off-street parking.
Listing Agent
  1. Heath Ladnier

    Heath Ladnier

    Listing Agent

    Compass

    P: (404) 593-5606

    M: (404) 593-5606

Listing closed: 07/28/2022 12:00 AM • Source: FMLS, MLS#: 7067590

Recent comparable sales

Median sold price

$225,000

Avg days on market

62

Sale-to-list ratio

94.1%

Atlanta, GA

9 comparable properties found

$249,000 | 301 Atlanta Avenue Southeast, Unit 1, Atlanta, GA 30315
1

$249,000

Sold 11/22/24

2
Bedrooms
736
Square Feet
Unavailable
Acres
$223,000 | 520 Park Avenue Southeast, Unit 10, Atlanta, GA 30312
2

$223,000

Sold 06/09/25

2
Bedrooms
875
Square Feet
Unavailable
Acres
a front view of a house with a garden
3

$230,000

Sold 07/31/25

2
Bedrooms
875
Square Feet
Unavailable
Acres
4

$223,000

Sold 06/09/25

2
Bedrooms
1
Bathrooms
875
Square Feet
Unavailable
Acres
a living room with furniture kitchen view and a table
5

$225,000

Sold 05/19/26

2
Bedrooms
677
Square Feet
Unavailable
Acres
6

$225,000

Sold 05/19/26

2
Bedrooms
1
Bathrooms
677
Square Feet
Unavailable
Acres
a front view of a house with stairs
7

$208,000

Sold 04/20/26

2
Bedrooms
697
Square Feet
Unavailable
Acres
8

$208,000

Sold 04/20/26

2
Bedrooms
1
Bathrooms
697
Square Feet
Unavailable
Acres
a view of a house with large windows and a table and chairs
9

$252,500

Sold 09/18/25

2
Bedrooms
697
Square Feet
Unavailable
Acres

Location

Sold By EXP Realty, LLC., Erik Dickerson

Add your commute
Payment Calculator

$1,480 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,201

Property Taxes

$144

HOA Dues

$135

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 562 Formwalt Street Southwest, Unit 2

Property Details

  • Taxes: $1,729 / year
  • MLS Type: Residential / Condominium
  • Buyer's Agent Compensation: 3%
  • Subdivision Complex: Capital 8 Condo
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Exterior: Balcony
  • Parking Features: Assigned
  • Property Attached: Yes
  • Waterfront Features: None

Building Information

  • Building/Complex: 562 Formwalt St Sw
  • Stories: 1
  • Residences: 1
  • Year Built: 1961

Summary

Location and General Information
  • Community Features: None
  • Directions: I-20 W- Left Capitol Ave, Right Fulton St./Turner Station, cross over Pryor, left on Formwalt to BLDG 562.
  • Lake Name: None
  • View: City
  • Coordinates: -84.395599, 33.739369
Taxes and HOA Information
  • Parcel Number: 14 007600101493
  • Tax Year: 2021
  • Master Association Fee: $.00
  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Pest Control, Termite, Water
  • HOA Contact Phone: 678-516-6597
  • HOA Rent Restrictions: No
  • Association: Yes
  • Block: 0
  • Tax Legal Description: 0
  • Tax Lot: 0
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.
Parking
  • Carport or Garage: 0

Agent

Payment and Rate
  • Concessions Amt: $100.00

Interior and Exterior Features

Interior Features
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
  • Basement: Crawl Space
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: High Speed Internet
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: Insulated Windows
  • Bedroom Features: Master on Main, Roommate Floor Plan
  • Diningroom Features: None
  • Kitchen Features: Cabinets Stain, Stone Counters
  • Master Bathroom Features: Tub/Shower Combo
  • Foundation: Block
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • Bathrooms Total Interger: 1
  • Main Full Baths: 1
  • Additional Rooms: Other
  • 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: Deck
  • Pool Features: None
  • Road Surface Type: Paved
  • Roof Type: Composition
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Spa Features: None
  • Laundry Features: Laundry Room
  • Road Frontage Type: City Street
  • Other Structures: None

Property

Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: 220 Volts
Property and Assessments
  • Assumable: No
  • FHA Condo Approval: No
  • Home Warranty: No
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Above Grade Finished Area: 772.0
  • SqFt Source: Public Records
  • Square Footage: 772.0
  • Common Walls: End Unit
  • Land lot: 0
  • Lot Features: Level
  • Acreage Source: Public Records
  • Lot Size Dimensions: x 0

Multi Family

Multi-Family Information
  • # Of Units In Community: 1

Rental

Rent Information
  • Terms: Conventional
  • Land Lease: No
  • Occupant Types: Vacant

Schools near 562 Formwalt Street Southwest, Unit 2

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

New listings in 30312

$849,000 | 615 Ormewood Avenue Southeast, Atlanta, GA 30312
1/30

$849,000

3
Bedrooms
1,548
Square Feet
0.19
Acres
$369,900 | 307 Cherokee Avenue Southeast, Unit 13, Atlanta, GA 30312
1/27
New

$369,900

1
Bedrooms
817
Square Feet
$1,799,999 | 341 Fortune Street Northeast, Atlanta, GA 30312
1/9

$1,799,999

4
Bedrooms
2,932
Square Feet
0.07
Acres
$474,900 | 855 Commonwealth Avenue Southeast, Atlanta, GA 30312
1/38

$474,900

3
Bedrooms
1,641
Square Feet
0.01
Acres
$309,000 | 747 Ralph McGill Boulevard Northeast, Unit 323, Atlanta, GA 30312
1/23

$309,000

1
Bedrooms
782
Square Feet
$1,599,999 | 661 Auburn Avenue Northeast, Unit 14, Atlanta, GA 30312
1/49

$1,599,999

4
Bedrooms
3,057
Square Feet
0.02
Acres
$924,900 | 708 Woodward Avenue Southeast, Atlanta, GA 30312
1/64
Open: 10/9 03:00PM - 05:00PM

$924,900

3
Bedrooms
3,091
Square Feet
0.08
Acres
$349,900 | 19 Hilliard Street Southeast, Unit 10, Atlanta, GA 30312
1/40

$349,900

2
Bedrooms
1,250
Square Feet
$325,000 | 572 Edgewood Avenue Northeast, Unit 301, Atlanta, GA 30312
1/27

$325,000

1
Bedrooms
1,070
Square Feet

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS Listing contains material that infringes your copyrighted work, please click here: https://www.fmls.com/dmca to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.