561 Formwalt St
Atlanta, GA 30312
2 bd 1 ba 620 sqft Built 1961 Lot 610 sqft condos
Most recent sale
$150,000
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 6, 2026 | Listing removed | $1,450 | FMLS |
| Dec 23, 2025 | Listed for rent | $1,450 | FMLS |
| Nov 26, 2025 | Listing removed | $95,000 | FMLS |
| Feb 11, 2025 | Sold | $1,345 | FMLS |
| Dec 20, 2024 | Listed for rent | $1,650 | RentSpree |
| Aug 30, 2022 | Sold | $150,000 | Public Record |
| Aug 19, 2022 | Sold | $150,000 | MLS #10055425 |
| Jun 19, 2022 | Price changed | $169,900 | MLS #10055425 |
| Jun 18, 2022 | Price changed | $169,900 | MLS #7059810 |
| Jun 3, 2022 | Listed | $174,900 | MLS #10055425 |
| Oct 15, 2021 | Listed | $145,000 | MLS #9066401 |
| Oct 14, 2021 | Listed | $145,000 | MLS #6957188 |
| Jun 18, 2021 | Price changed | $145,000 | MLS #8985345 |
| May 26, 2021 | Listed | $150,000 | MLS #8985345 |
| Feb 13, 2021 | Listing removed | $125,000 | GeorgiaMLS |
| Jun 7, 2020 | Price changed | $125,000 | MLS #6678845 |
| Apr 17, 2020 | Price changed | $140,900 | MLS #6678845 |
| Feb 10, 2020 | Listed | $145,900 | MLS #6678845 |
| Jul 31, 2017 | Listing removed | $95,000 | FMLS |
| Jan 19, 2017 | Listed | $95,000 | MLS #5795254 |
| Jun 15, 2010 | Listing removed | $129,000 | GeorgiaMLS |
| Jan 16, 2008 | Listed | $129,000 | MLS #2364938 |
| Oct 4, 2005 | Sold | $113,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $47,480 | $7,080 | $54,560 | $2,232 |
| 2023 | $52,240 | $7,760 | $60,000 | $123 |
| 2022 | $33,560 | $5,000 | $38,560 | $289 |
| 2021 | $32,600 | $4,840 | $37,440 | $286 |
| 2020 | $32,200 | $4,800 | $37,000 | $285 |
| 2019 | $29,600 | $4,400 | $34,000 | $279 |
| 2018 | $20,480 | $3,200 | $23,680 | $50 |
| 2017 | $8,000 | $1,680 | $9,680 | $17 |
| 2016 | $8,000 | $1,680 | $9,680 | $17 |
| 2015 | $8,000 | $1,680 | $9,680 | $18 |
| 2014 | $8,000 | $1,680 | $9,680 | $16 |
| 2013 | $4,240 | $1,320 | $5,560 | $7 |
| 2012 | $4,240 | $1,320 | $5,560 | $9 |
| 2011 | $8,840 | $1,440 | $10,280 | $18 |
| 2010 | $25,200 | $4,120 | $29,320 | $183 |
| 2009 | $25,200 | $4,120 | $29,320 | $394 |
| 2008 | $29,800 | $4,120 | $33,920 | $377 |
| 2007 | $28,400 | $5,960 | $34,360 | $64 |
Property facts
Year built
1961
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
620 sqft
Lot size
610 sqft
ZIP code
30312
City
Atlanta
Street
Formwalt St
Coordinates
33.73941, -84.39532
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$961
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value
—
Frequently asked questions
When did 561 Formwalt St last sell?
561 Formwalt St most recently sold on Aug 30, 2022 for $150,000.
What is the current tax assessment for 561 Formwalt St?
The most recent total assessment for 561 Formwalt St (year 2025) is $54,560 with $2,232 in property tax.
How does 561 Formwalt St's assessment compare to its last sale price?
The current assessment is 63.6% below the last sale price of $150,000.
When was 561 Formwalt St built?
561 Formwalt St was built in 1961.
How does 561 Formwalt St compare to others on Formwalt St?
We track 8 other properties on Formwalt St. Browse the list under "Other properties on Formwalt St" to compare beds, baths, and sale history.
What are the property facts for 561 Formwalt St?
561 Formwalt St is a 2 bed, 1 bath, 620 sqft, 610 sqft lot condos.
Is 561 Formwalt St a flip candidate?
No — 561 Formwalt St does not appear in our flips dataset.
Is 561 Formwalt St a tax-appeal candidate?
Yes — 561 Formwalt St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q3
$613.2K
2026 Q4
$619.5K
ZIP 30312 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Formwalt St