Listing provided courtesy of Dalton Wade, Inc.- MLS# 7715021MLS Provider

561 Formwalt Street SW #5Atlanta, GA 30312

Condo · 2 Beds · 1 Half Bath · 583 Sq. ft. | 0.01 Acres
$135,000 Active

561 Formwalt Street SW #5 Overview

Time on Site:
145 days
Visits:
1

Enjoy in-town living in this beautifully updated bottom-floor condo in the heart of Mechanicsville, just steps from the BeltLine. This Art-Deco–inspired home features exposed brick, hardwood floors throughout, stainless steel appliances, granite countertops, and a modern tiled bath with updated finishes. Fresh paint enhances the space, while city views add to the urban appeal. The home is all-electric, helping keep utility costs low, and includes a washer and dryer in the unit, a security system, and private parking within a quiet, gated community.

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561 Formwalt Street SW #5 Facts & Features

  • Type Condo
  • Sq. ft. 583
  • Price/Sq.ft. $232
  • Lot 0.01 Acres

Details

General

Association/HOA

  • Association Fee: 399
  • Association Fee 2: 399
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Yes

School Information

  • Elementary School: Paul L. Dunbar
  • Middle Or Junior School: Martin L. King Jr.
  • High School: Maynard Jackson

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Building Information

  • Year Built: 1961

Location/Region

  • County Or Parish: Fulton - GA
  • Subdivision Name: Capitol City Square Condos

Community/Development

  • Community Features: None
  • Number Of Units In Community: 1

Rent/Lease Information

  • Association Rent Restrictions: No
  • Land Lease: No

Tax Information

  • Tax Annual Amount: 2158
  • Tax Year: 2025

General Information

  • Ownership: Condominium
  • Parcel Number: 14 007600101246
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Property Type: Residential

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 583
  • Building Area Source: Public Records
  • Building Area Total: 583

General Information

  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Basement: None
  • Common Walls: 1 Common Wall
  • Cooling: Ceiling Fan(s), Central Air
  • Electric: None
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Heating: Central
  • Interior Features: Other
  • Laundry Features: Laundry Closet
  • Levels: One
  • Main Level Bathrooms: 0
  • Main Level Half Bathrooms: 1
  • Main Level Bedrooms: 2
  • Other Equipment: None
  • Security Features: None
  • Spa Features: None
  • Window Features: None

Unit Information

  • Unit Number: 5

Room Information

  • Bedroom Features: None

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 1

Lot Information

  • Lot Features: Other
  • Lot Size Dimensions: x
  • Lot Size Source: Public Records
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • View: Trees/Woods
  • Water Body Name: None
  • Waterfront Features: None

Building Exterior/Construction

  • Dock: None
  • Architectural Style: Mid-Rise (up to 5 stories)
  • Construction Materials: Brick
  • Patio And Porch Features: Covered
  • Property Attached: Yes
  • Roof: Composition

General Information

  • Exterior Features: None
  • Fencing: None
  • Horse Amenities: None
  • Other Structures: None
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
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561 Formwalt Street SW #5 Neighborhood

Community

30312 (ATLANTA) Demographics

32
Median Age
7,132
Population Density (per sq. mile)
66%
College Educated
$58,509
Estimated Median Income
4,531
Estimated Total Home Owners
8,173
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

561 Formwalt Street SW #5 Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

561 Formwalt Street SW #5 Market Data

Based on the last 30 days in this zip code

$542,779
Average List Price
$368
Average Price per Square Foot
36
Properties Sold
89
Average Days on Market
334
Properties for Sale
Calculations provided by Reliance Network

561 Formwalt Street SW #5 History

Date Event Value Agent
2/18/2026Source: Georgia MLS Status Change
Active
2/5/2026Source: Georgia MLS Added to Database
February 05, 2026
2/5/2026Source: FMLS Added to Database
February 05, 2026