1 month on rocket

571 Formwalt St, Atlanta, GA, 30312

$150,000

Home List Price

$1,781*

Closing Credit

0 Baths
House

Location

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571 Formwalt St, Atlanta$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingParking Lot
Year Built1961
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
WaterfrontNone
ViewCity
MLS #7483503
Lot Size0.01 Acres
StatusActive

About 571 Formwalt St

**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!

Property Details

Property Features

Property Information:

  • Year Built: 1961

Listing Office:

  • Office Name: Keller Williams Realty West Atlanta
  • Office Phone: (470) 907-8266
  • Listing Agent: Charlene Collier

Interior Features

Interior Information:

  • Flooring Type: Laminate

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take 75/85 to MLK Jr Dr, exit west. Take left on Pryor street, right on Crumley street, the left on Formwalt.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
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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

$421.8K

Med. Price/SqFt

$251

Avg. Days On Market

47

# of Sold Homes

939

571 Formwalt St vs Atlanta

39 DAYS ON ROCKET

-8 Days

$150,000

-$271.8K Less

KEY TAKEAWAY

This property is $271.8K less than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7483503

Listing Office:

  • Office Name: Keller Williams Realty West Atlanta
  • Office Phone: (470) 907-8266
  • Listing Agent: Charlene Collier

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.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:49 AM 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

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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-4440258
3
/10

  • Dunbar Elementary School

  • 500 Whitehall Ter SW

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4440259
4
/10

  • Gideons Elementary School

  • 897 Welch St SW

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-4440260
4
/10

  • Barack & Michelle Obama Academy

  • 970 Martin St SE

  • 1.08 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. Most Atlanta, GA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 571 Formwalt St

What is the listing price of this property?

The listing price of 571 Formwalt St property is $150,000.

What type of property is this?

The property 571 Formwalt St is a house located in Atlanta, Georgia, 30312.

Is this property for sale now?

Active Listing: 571 Formwalt St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 571 Formwalt St is 1961.

Rocket Homes›Georgia›Fulton County›Atlanta›30312›571 Formwalt St

This home is located at 571 Formwalt St in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This home, which was built in 1961, sits on a 0.01 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $150,000.

In November 2024 more than 147 listings in Atlanta, GA were sold above the asking price. During the same period more than 188 listings were sold at asking price, while more than 559 were sold below. In November 2024 in Atlanta, GA there were 5.4% more homes for sale than in October 2024. Listings spent 47 days on the market in November 2024, and had a median list price of $421,834 during the same period.

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

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