Sold
Last Sold Price
2 beds584 sqft$157/sqft
571 Formwalt St SW, Unit 8, Atlanta, GA 30312
CondoProperty Type
1991Year Built
$157/sq ftPrice per sq ft
$200/moHOA Fees
2 carsParking Spaces

Description

Cool Art Deco style condo in Mechanicsville. Has exposed brick, hardwood flooring and stainless kitchen appliances. Get in on this Atlanta Beltline Community! Great for the savy investor. Property has been rented by tenant for $895/mo for 5 years. Tenant pays on time or early and would like to stay. Photos are of an extremely similar unit in same complex.Cool Art Deco style condo in Mechanicsville. Has exposed brick, hardwood flooring and stainless kitchen appliances. Get in on this Atlanta Beltline Community! Great for the savy investor. Property has been rented by tenant for $895/mo for 5 years. Tenant pays on time or early and would like to stay. Photos are of an extremely similar unit in same complex.
  • Listed by: Patrick Peyer • KELLER WILLIAMS REALTY METRO ATL
Listing closed: 07/02/2018 12:00 AM • Source: FMLS, MLS#: 5997348

Recent comparable sales

Median sold price

$110,000

Avg days on market

93

Sale-to-list ratio

85.6%

Atlanta, GA

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Location

Listing Courtesy of KELLER WILLIAMS REALTY METRO ATL, Patrick Peyer

Sold By KELLER WILLIAMS REALTY METRO ATL, Kathleen Levy

Add your commute

Payment Calculator

$697 per month

30 year fixed, 6.55% Interest

Principal and Interest

$467

Property Taxes

$30

HOA Dues

$200

The Payment Calculator is for illustrative purposes only.

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Property Information for 571 Formwalt Street Southwest, Unit 8

Property Details
  • Taxes: $360 / year
  • MLS Type: Residential / Condominium
  • Subdivision Complex: Capital City Square Condos
  • Architectural Style: Contemporary/Modern
  • Exterior: None
  • Parking Features: Assigned
  • Property Attached: Yes
  • Waterfront Features: No Dock Or Boathouse
Building Information
  • Building/Complex: 571 Formwalt St Sw
  • Stories: 2
  • Year Built: 1991
Summary
Location and General Information
  • Community Features: Gated, Near Beltline, Public Transportation
  • Directions: I-20 West to Exit 56B at Windsor St/Spring St. Left on Windsor St SW, left on Fulton St, Right on Formwalt St SW
  • Lake Name: None
  • View: Other
  • Coordinates: -84.395323, 33.739412
Taxes and HOA Information
  • Parcel Number: 14 007600101394
  • Tax Year: 2016
  • Master Association Fee: $.00
  • Master Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Structure, Maintenance Grounds, Reserve Fund
  • HOA Contact Phone: 404-835-9219
  • HOA Rent Restrictions: No
  • Association: Yes
  • Block: 0
  • Tax Lot: 0
School Information
  • School Bus Route Elem: No
  • School Bus Route High: No
  • School Bus Route Middle: No
  • 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: $1,837.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Electric
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: None
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: High Speed Internet
  • Levels/Stories: Two
  • Other Equipment: None
  • Bedroom Features: Roommate Floor Plan
  • Diningroom Features: Open Concept
  • Kitchen Features: Cabinets Stain, Stone Counters
  • Master Bathroom Features: None
  • Main Bedrooms: 2
  • Total Half Baths: 0
  • 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: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Roof Type: Composition, Shingle
  • Security Features: Security Gate
  • Laundry Features: Other
  • Other Structures: None
Property
Utilities
  • Utilities: Cable Available
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
Lot Information
  • Section/GMD: 0
  • SqFt Source: Owner
  • Square Footage: 584.0
  • Common Walls: No One Above
  • Land lot: 0
  • Lot Features: Other
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • # Of Units In Community: 0
Income & Expenses Information
  • Swim/Tennis Fee: $0
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Terms: Conventional

Property History for 571 Formwalt Street Southwest, Unit 8

DateEvent & SourcePriceAppreciation
Jul 2, 2018

Sold (Public Record)

Public Record #626805889

$91,900

-0.6% / yr

Apr 20, 2005

Sold (Public Record)

Public Record #308426942

$98,900
DateEvent & SourcePrice
07/02/2018

Sold (Public Record)

Public Record #626805889

$91,900

-0.6% / yr

04/20/2005

Sold (Public Record)

Public Record #308426942

$98,900

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

Public Records for 571 Formwalt Street Southwest, Unit 8

Taxable ValueLand$6,680Additions$46,080Total$52,760
Home Facts
Beds1Baths1Total Finished SqFt584 SqFtAbove Grade Finished SqFt584 SqFtStories1Lot Size566 SqFtStyleCondominiumYear Built1961Year Renovated1995ZoningRG2CountyFULTONAPN14 007600101394

Schools near 571 Formwalt Street Southwest, Unit 8

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 REALTY METRO ATL, Patrick Peyer

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.