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562 Formwalt Street Southwest

562 Formwalt Street Southwest, Atlanta, GA 30312
562 Formwalt Street Southwest is a condo located in Mechanicsville, Atlanta. The building was first built in 1961 and is 63 years old. 562 Formwalt Street Southwest has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record. The most recent transaction sold for $137,500 on Oct 04, 2007. Fun fact, the oldest transaction we have on record took place on Oct 04, 2007. See the full transaction history for 562 Formwalt Street Southwest below.

Mechanicsville, where 562 Formwalt Street Southwest is located, has a median asking price of $205,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190904 Unit 4
09/04/2019
4
1 Bed
1 Bath
-
$100,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Ruth Natera
KELLER WILLIAMS BUCKHEAD

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1995
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Condo
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 566
  • Total Building Area: 576
  • Building Area: 576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KA CAPITAL EIGHT CONDO UNIT
  • Land Acres: 0.013
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CB 2018 VERIFIED VACANT PROPERTY

Ownership

  • Current Owner : DIXON MICHAEL N

Neighborhood

  • School District Name: Atlanta City School District
  • Census Tract: 012000

Zoning

  • Zoning: R1

Geography

  • District: 05
  • Parcel: 14 007600101535
  • Municipality: CITY OF ATLANTA
  • Latitude: 33.7394
  • Longitude: -84.3955

    Address

  • Full Address: 562 Formwalt St Sw
  • Address - House Number: 562
  • Street Segment Direction: SW
  • Address - Street Name: Formwalt
  • Address - Suffix Type: St
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C011
  • 4-Digit Zip Code: 2688
  • Zip Code: 30312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,459
  • Tax Rate Code Area: 05

    Appraisal Valuation

  • Standard Deviation: 0.0884
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 158,060
  • High Value: 172,033
  • Low Value: 144,088

    Market Valuation

  • Market Total Value: $148,500
  • Market Land Value: $18,900
  • Market Improvement Value: $129,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,400
  • Assessed Land Value: $7,560
  • Assessed Improvements Value: $51,840

    Sales

  • Current Sale Contract Date: May 08, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Transaction ID: 1588156990
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-016668

About Intown South



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Nearby Rentals

Unit for rent at

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 677 ft²
Listing by Margot Berry
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 1 Bath
Listing by Danielle McCurdy
Unit for rent at

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,212 ft²
Listing by Kathy Angus
Unit for rent at

$1,700 /mo

  • 2 Beds
  • 2.5 Baths
  • 992 ft²
Listing by Anita Hale
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$1,648 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 562 Formwalt Street Southwest located in?
The 562 Formwalt Street Southwest is a condo located in the neighborhood of Mechanicsville in Intown South, Atlanta.
What is the average sales price for listings in 562 Formwalt Street Southwest?
The average sales price for units in 562 Formwalt Street Southwest is $0 currently.

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