**Back on 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!
Closed
$143,000
571 Formwalt St SW, Atlanta, GA 30312
2beds
1baths
--sqft
Other, Residential Income
Built in 1961
-- sqft lot
$140,800 Zestimate®
$--/sqft
$1,358 Estimated rent
Home value
$140,800
$128,000 - $155,000
$1,358/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 21, 2025 at 10:37am
Listing Provided by:
Charlene Collier,
Keller Williams Realty West Atlanta
Bought with:
Letrice Gholson, 370611
HomeSmart
Source: FMLS GA,MLS#: 7483503
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air, Natural Gas
Cooling
- Central Air
Features
- Flooring: Laminate
- Windows: None
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 609.84 sqft
- Dimensions: 10x10x10x10
- Features: Other
Details
- Parcel number: 14 007600101352
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Brick
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate
Community
- Community features: Gated
Location
- Region: Atlanta
- Subdivision: Capitol City Square Condos
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $143,000-4.7% |
Source:  FMLS GA #7483503 Report a problem | ||
| 1/6/2025 | Pending sale | $150,000 |
Source: FMLS GA #7483503 Report a problem | ||
| 12/19/2024 | Listing removed | $1,325 |
Source: Zillow Rentals Report a problem | ||
| 11/8/2024 | Listed for sale | $150,000+97.4% |
Source: FMLS GA #7483503 Report a problem | ||
| 10/12/2024 | Price change | $1,325-3.6% |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,619 +28.3% | $63,960 |
| 2023 | $2,040 +27.7% | $63,960 +62% |
| 2022 | $1,598 +2.1% | $39,480 +3% |
Find assessor info on the county website
Neighborhood: Mechanicsville
Nearby schools
GreatSchools rating
- 5/10Dunbar Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10King Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Maynard H. Jackson- Jr. High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Paul L. Dunbar
- Middle: Martin L. King Jr.
- High: Maynard Jackson
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$140,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$140,800