tomo logo

$135,000

Beds
2
Baths
1.0
sq ft
Unknown

561 Formwalt St SW Unit 6, Atlanta, GA 30312

561 Formwalt St SW Unit 6

Atlanta, GA 30312

  • 7 days on market
Welcome to your new sanctuary at 571 Formwalt St, SW Atlanta, GA 30312, a beautifully modern condo that perfectly blends style with functionality. Ideal for college students or parents looking for a vibrant community setting, this 2-bedroom, 1-bathroom gem is truly a rare find in the heart of Atlanta. Upon entering, you’ll be greeted by a contemporary design that features sleek finishes and an open layout, making it perfect for both entertaining and everyday living. The cozy living area flows seamlessly into the chic kitchen, where modern appliances and ample counter space await culinary enthusiasts. Each bedroom offers the comfort and privacy essential for busy students or family members, creating a peaceful retreat at the end of the day. Located in a gated community, the security and serene environment you crave while still enjoying urban living are right at your fingertips. The walkability of this neighborhood is exceptional, allowing you to explore local parks, cafes, and shops with ease. Education is just a stone's throw away, with prominent institutions nearby. The renowned Morehouse College and Atlanta Metropolitan State College are each under 2 miles from your new home, making your commute hassle-free. For those who enjoy outdoor activities, the picturesque Grant Park—home to the Atlanta Zoo—is only 1.5 miles away, offering lush green spaces for relaxation or recreational pursuits. Additionally, you'll find delightful dining options just around the corner, such as the popular Grant Park Coffeehouse and other local eateries. Living at 571 Formwalt St. not only offers a modern lifestyle but also a connected community experience—a perfect combination for students or those supporting them. This is more than just a home; it's a lifestyle that encourages growth and enrichment. Don’t miss your chance to own this contemporary condo in such a prime location! Schedule a viewing today to experience everything this exceptional property has to offer. Reach out now to secure your new home in Atlanta!

Details

Property type

Condominium

Est. home value

$164,136

Lot size

584 sq ft

Price per sq ft

Unknown

Year built

1961

Annual property taxes

$2,473

HOA fee

$330

Price History

03/25/2025
FMLS

FMLS #7549900

Listed
$135,000

Schools & Community

Neighborhood: 

Mechanicsville

Elementary school: 

Paul L. Dunbar

Middle school: 

Martin L. King Jr.

High school: 

Maynard Jackson

Community features: 

Gated

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Swbc Mtg Corp

Loan start date

August 2006

Original loan amount

$95,855

Est. remaining balance

$59,242

Interest rate

6.74%

Loan type

New Conventional, 30 year

Seller

Theodore Guidry

Lender

Countrywide Hm Lns Inc

Loan start date

March 2005

Original loan amount

$19,980

Est. remaining balance

$6,456

Interest rate

5.57%

Loan type

New Conventional, 25 year

Seller

Evon C Guidry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 12:20 PM

Listing updated: 03/31/2025 at 7:21 PM

Listed by: Gina Smith, Coldwell Banker Realty Phone #: (404) 874-2262

MLS: FMLS #7549900

FMLS logo

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