1 month on rocket

Sale Pending

571 Formwalt St SW Unit 3, Atlanta, GA, 30312

$149,000

Home List Price

$1,769*

Closing Credit

2 Bedrooms
1 Full Bath
620 SqFt
$240/SqFt
Condo
Schools Nearby

Location

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571 Formwalt St SW Unit 3, Atlanta$149,000

Buyer Closing Credits

$1,769*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1961
HeatingOther
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewOther
MLS #7349436
Lot Size0.01 Acres
StatusSale Pending
(Pending)

About 571 Formwalt St SW Unit 3

Welcome to Atlanta! Don't miss your chance to own this unit in the gated Capitol City Square Condos! This move-in-ready home is the perfect start for your adventure in the big city or as an investment with the opportunity for positive cashflow. You will love the exposed brick kitchen! The corner unit features its own back deck that is perfect for unwinding after a long day of work! The location is unbeatable! Just minutes from all that downtown Atlanta has to offer - the nightlife, the CNN Center, Mercedes Benz Stadium, Grady, and so much more! What and exceptional opportunity to live near all that downtown has to offer or a an investment property with an attractive price.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1961
  • Living Area: 620 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Atl North
  • Listing Agent: Kelly And Company

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Other
  • Interior: Other
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Other
  • Exterior: Courtyard

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Maynard Holbrook Jackson High School, Public District Grades 9-12
  • Martin Luther King Jr. Middle School, Public District Grades 6-8
  • Dunbar Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
  • Price Per SqFt: $240/SqFt

HOA Fees:

  • Amount: $330
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,532
  • Tax Year: 2020
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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

$419.7K

Med. Price/SqFt

$251

Avg. Days On Market

37

# of Sold Homes

1170

571 Formwalt St SW Unit 3 vs Atlanta

51 DAYS ON ROCKET

+14 Days

$149,000

-$270.7K Less

$240/SqFt

-$12 Less

KEY TAKEAWAY

This property is $270.7K less than the Median Sold Price and $12/SqFt less 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: #7349436

Listing Office:

  • Office Name: Keller Williams Realty Atl North
  • Listing Agent: Kelly And Company

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: 4/28/2024, 3:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 20, 2016Home Sold
$54,900
Nov 01, 2013Home Sold
$34,000
Jul 29, 2005Home Sold
$115,200

Tax History

YEARPROP. TAXASSESSMENT
2020$1,532$37,000
2019$1,397$34,000
2017$330$7,640

History based on county public records data.

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.

Elementary School

school-card-donut-2383926
3
/10

  • Dunbar Elementary School

  • 403 Richardson St SW

  • 0.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2383927
4
/10

  • Martin Luther King Jr. Middle School

  • 545 Hill St SE

  • 0.98 miles

  • Public District Grades 6-8

High School

school-card-donut-2383928
5
/10

  • Maynard Holbrook Jackson High School

  • 801 Glenwood Ave SE

  • 1.97 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,549. Typical income of Atlanta, GA residents is less than $35k annually. The most common type of family is 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 571 Formwalt St SW Unit 3

What is the listing price of this property?

The listing price of 571 Formwalt St SW Unit 3 property is $149,000.

What type of property is this?

The property 571 Formwalt St SW Unit 3 is a condo located in Atlanta, Georgia, 30312.

Is this property for sale now?

Sale Pending: 571 Formwalt St SW Unit 3 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 571 Formwalt St SW Unit 3 are:
Dunbar Elementary School: GreatSchools Rating 3/10
Martin Luther King Jr. Middle School: GreatSchools Rating 4/10
Maynard Holbrook Jackson High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,532 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 20, 2016 for $54,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 571 Formwalt St SW Unit 3 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 571 Formwalt St SW Unit 3 is 620 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 571 Formwalt St SW Unit 3 is 1961.

Rocket Homes›Georgia›Fulton County›Atlanta›30312›571 Formwalt St SW Unit 3

This home is located at 571 Formwalt St SW Unit 3 in Atlanta, GA and zip code 30312 in the Southwestern Atlanta neighborhood. This 620 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 March 07, 2024 and is currently priced at $149,000.

In March 2024 more than 287 listings in Atlanta, GA were sold above the asking price. During the same period more than 263 listings were sold at asking price, while more than 540 were sold below. The number of listings in Atlanta, GA increased by 18% between February 2024 and March 2024. The median list price of listings available in March 2024 was $419,716, while the average time on the real estate market was 37 days.

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

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