2 months on rocket

561 Formwalt St Unit 7, Atlanta, GA, 30312

$148,900

Home List Price

$1,768*

Closing Credit

2 Bedrooms
1 Full Bath
582 SqFt
$256/SqFt
Condo

Location

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561 Formwalt St Unit 7, Atlanta$148,900

Buyer Closing Credits

$1,768*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, Permit Required
Year Built1961
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
FireplaceNone
ViewCity
MLS #7457119
Lot Size0.01 Acres
StatusActive

About 561 Formwalt St Unit 7

Convenient city-living, cozy 2 bedrooms, 1 bath condo. First floor living, located in a small, gated community with easy access to downtown Atlanta, Georgia State, interstates, shopping and more. Hardwood floors throughout, granite countertops in kitchen, rear deck. A few recent upgrades, i.e. hot water heater (2024), A/C unit (2023) Available to owner-occupants and investors! Awesome deal in the city!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern, Other
  • Year Built: 1961
  • Living Area: 582 SqFt

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Office Phone: (770) 495-5050
  • Listing Agent: Jacqueline Boone

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: City
  • Exterior: Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot, Permit Required

Lot Features

Lot Information:

  • Lot: Level, Sidewalk
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $148,900
  • Price Per SqFt: $256/SqFt

HOA Fees:

  • Amount: $3960
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

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Atlanta, GA

City

Med. Sold Price

$421.4K

Med. Price/SqFt

$253

Avg. Days On Market

49

# of Sold Homes

1106

561 Formwalt St Unit 7 vs Atlanta

61 DAYS ON ROCKET

+12 Days

$148,900

-$272.5K Less

$256/SqFt

+$3 More

KEY TAKEAWAY

This property is $272.5K less than the Median Sold Price and $3/SqFt more than other homes in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7457119

Listing Office:

  • Office Name: Virtual Properties Realty.com
  • Office Phone: (770) 495-5050
  • Listing Agent: Jacqueline Boone

IDX 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 to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2024 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-597226
3
/10

  • Dunbar Elementary School

  • 500 Whitehall Ter SW

  • 0.37 miles

  • Public District Grades PK-5

school-card-donut-597227
4
/10

  • Gideons Elementary School

  • 897 Welch St SW

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-597228
4
/10

  • Barack & Michelle Obama Academy

  • 970 Martin St SE

  • 1.07 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,549. The majority of Atlanta, GA residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 Formwalt St Unit 7

What is the listing price of this property?

The listing price of 561 Formwalt St Unit 7 property is $148,900.

What type of property is this?

The property 561 Formwalt St Unit 7 is a condo located in Atlanta, Georgia, 30312.

Is this property for sale now?

Active Listing: 561 Formwalt St Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 561 Formwalt St Unit 7 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 561 Formwalt St Unit 7 is 582 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 561 Formwalt St Unit 7 is 1961.

Rocket Homes›Georgia›Fulton County›Atlanta›30312›561 Formwalt St Unit 7

This home is located at 561 Formwalt St Unit 7 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 582 square foot home, which was built in 1961, sits on a 0.01 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $148,900.

Atlanta, GA housing market in October 2024 saw over 184 listings sold above listed price, more than 249 sold at listed price and over 591 sold below. The number of listings in Atlanta, GA increased by 15.6% between September 2024 and October 2024. In October 2024 median list price was $421,449 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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