Status: Active
561 Formwalt St SW #5
Atlanta, GA 30312
$117,500
------/mo*
CalculateLocation! REDUCED MOTIVATED SELLER AND $10,000 towards downpayment with the help of the $10,000 Homebuyer Access grant as a primary residence purchase. The unit is currently rented for 1250 to a long-term tenant. It is very easy to find new tenants or increase rent. Also, it can be bought as a package with two other units in the same building. Additional Unit 8 (mls 7491868) is rented for 1250. There is no Seller Disclosure as the seller has not lived there.
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- Bedrooms
- 2
- Baths
- 1
- House Size
- 583 sqft
- Year Built
- 1961
- Lot Size
- 0.01 ac
Location
Market Insights
In the last 30 days, homes for sale in Mechanicsville, Atlanta, GA were on the market for a median of 23 days and 0% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
Get StartedInterior Information
- appliances
- Dishwasher
- Electric Oven
- Microwave
- basement
- None
- cooling
- Central Air
- features
- Other
- fireplace
- None
- flooring
- Hardwood
- heating
- Central
- laundry features
- In Hall
- view
- Other
- window features
- Insulated Windows
Exterior Information
- features
- Private Yard
- fence
- Back Yard
- patio and porch
- Deck
- pool
- None
- road surface
- Asphalt
- roof
- Shingle
Property Information
- architectural style
- Contemporary
- Modern
- community
- None
- foundation
- None
- hoa includes
- Maintenance Grounds
- Maintenance Structure
- Pest Control
- Security
- Sewer
- Trash
- lot
- Back Yard
- other structures
- None
- parking
- On Street
- Parking Lot
- sewer
- Public Sewer
- subdivision name
- Capitol City Square
- utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- water source
- Public
- Listed By Pratik Karan
- Dalton Wade, Inc.
- (888) 668-8283
- kevin@daltonwade.com
- MLS 7637744
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2023 | $2,501 (+62%) | $19,100 | $131,900 | $151,000 (+62%) |
| 2022 | $1,543 (-4%) | $11,800 | $81,400 | $93,200 (+3%) |
| 2021 | $1,607 (0%) | $11,400 | $79,100 | $90,500 (+1.2%) |
| 2020 | $1,607 | $11,300 | $78,100 | $89,400 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$1,427
30 year fixed·6.9% interest rate
- Principal & Interest
- $619
- Property Taxes
- $208
- Home Insurance
- $200
- HOA Fees
- $399
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
