Sold
Last Sold Price

571 Formwalt St SW, Unit 4, Atlanta, GA 30312

Multi FamilyProperty Type
0.01 acresLot Size
1961Year Built
$3,960/yrHOA Fees

Description

Back on the market due to no fault of the Seller Welcome to this exceptional 2 bedroom, 1 bath condominium in the heart of Downtown Atlanta. This property is ideal for investors looking to expand their portfolio with a high-demand rental opportunity in a prime location or a first-time homebuyer looking to purchase in the heart of the city! This condo combines modern updates with historic charm. The kitchen boasts exposed brick, granite countertops, and stainless steel appliances, making it a stylish...Back on the market due to no fault of the Seller Welcome to this exceptional 2 bedroom, 1 bath condominium in the heart of Downtown Atlanta. This property is ideal for investors looking to expand their portfolio with a high-demand rental opportunity in a prime location or a first-time homebuyer looking to purchase in the heart of the city! This condo combines modern updates with historic charm. The kitchen boasts exposed brick, granite countertops, and stainless steel appliances, making it a stylish and functional space. Just off the kitchen, enjoy a private deck-perfect for relaxing or entertaining. The property offers secured parking and key card access, ensuring privacy and security. With its proximity to Downtown amenities, major highways, and public transit, this condo provides unparalleled convenience for tenants or future buyers. Don't miss out on this incredible investment opportunity in one of Atlanta's most sought-after locations!
  • Listed by: Charlene Collier • Keller Williams West Atlanta
Listing closed: 01/15/2025 05:00 AM • Source: GAMLS, MLS#: 10409902
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Recent comparable sales

Median sold price

$145,000

Avg days on market

84

Sale-to-list ratio

77.5%

Atlanta, GA

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Location

Listing Courtesy of Keller Williams West Atlanta, Charlene Collier

Sold By HomeSmart, Letrice Gholson

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Payment Calculator

$1,307 per month

30 year fixed, 7.03% Interest

Principal and Interest

$763

Property Taxes

$213

HOA Dues

$330

The Payment Calculator is for illustrative purposes only.
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Property Information for 571 Formwalt Street Southwest, Unit 4

Property Details

  • Taxes: $2,559 / year
  • MLS Type: Residential Income / Other
  • Subdivision: Capitol City Square Condos
  • Fees Include: Maintenance Grounds
  • Parking: None

Building Information

  • Stories: 1
  • Year Built: 1961
  • Lot Size: 0.01 AC / 609 SF

Summary

Location and General Information
  • Elementary School: Dunbar
  • High School: MH Jackson Jr
  • Middle School: King
  • Amenities: Gated, None
  • Directions: Take 75/85 to MLK Jr Dr, exit west. Take left on Pryor street, right on Crumley street, the left on Formwalt.
Taxes and HOA
  • Association: Yes
  • Parcel Number: 14 007600101352
Owner
  • Owner Pays: Cable TV, Other, Garbage, Water
Parking
  • Parking Total: 0

Interior and Exterior Features

Interior Features
  • Total Fireplaces: 0
  • Basement Description: None

Property

Utilities
  • Cooling: Central Air
  • Heating Type: Central, Forced Air, Natural Gas
  • Water/Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public
Property and Assessments
  • Tax Year: 2023
  • Construction: Brick
  • Stories: One
  • Property Condition: Resale
Lot Information
  • Structure: Other

Multi Family

Multi-Family Information
  • Number Of Units Total: 0
  • Fuel Expense: $.00
  • Annual Gross Income: $.00
  • Annual Operating Expense: $.00
  • Annual Maintenance Expense: $.00
  • Insurance Expense: $.00
  • Water Sewer Expense: $.00
  • Electric Expense: $.00

Property History for 571 Formwalt Street Southwest, Unit 4

DateEvent & SourcePriceAppreciation
Jan 15, 2025

Sold (Public Record)

Public Record #1550152857

$143,000

-5.1% / yr

Oct 14, 2022

Sold (Public Record)

Public Record #1499488298

$161,000—
Oct 14, 2022

Sold (Public Record)

Public Record #1931986857

$161,000—
DateEvent & SourcePrice
01/15/2025

Sold (Public Record)

Public Record #1550152857

$143,000

-5.1% / yr

10/14/2022

Sold (Public Record)

Public Record #1499488298

$161,000
10/14/2022

Sold (Public Record)

Public Record #1931986857

$161,000

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

Public records

571 Formwalt Street Southwest, Unit 4

Beds

1

Baths

1

Total Finished SqFt

620 SqFt

Above Grade Finished SqFt

620 SqFt

Stories

1

Lot Size

618 SqFt

Schools near 571 Formwalt Street Southwest, Unit 4

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.

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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.

Listing Courtesy of Keller Williams West Atlanta, Charlene Collier

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, Tiftarea 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, Tiftarea 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.