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Back 5/562 Formwalt Street Southwest
Off Market

5/562 Formwalt Street Southwest

Atlanta GA 30312

1
1
1
576 sq. ft.
0.01 ac.
Condo
Last sold for $161,000
Heath LadnierHeath Ladnier, last sold this property on 14 October 2022 after 36 days on market.

Overview

Perfect one bedroom condo for Investors and first time buyers! NO RENTAL RESTRICTIONS! Contemporary style with real hardwood floors. Exposed brick walls in kitchen & bedroom. Just the right amount of natural light. Laundry room, perfect outdoor deck space for entertaining, breakfast bar, modern light fixtures. Kitchen with granite countertops ,SS appliances, off-street parking. This condo has a great location and surroundings. Close to GA State, Capital, Mercedes Benz Stadium, Georgia State, Airport, I-75/85 & downtown. Quintessential in-town living with a great view.

Features

1 bedroom
1 bathroom
1 carspace
576 sq. ft. floor area
0.01 ac. lot size
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Atlanta over the last 12 months, the estimated median property value of 5/562 Formwalt Street Southwest is $279.95k.

Median value
$279.95k
Estimated value range
$112k - $530k
Median days on market
44
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Atlanta. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/562 Formwalt Street Southwest

2022
Sold
$161,000
14 Oct 2022 by Heath Ladnier, of Compass
2022
Sold
$161,000
14 Oct 2022 by Heath Ladnier, of Compass

Happy sellers in Atlanta

94%
94% of sellers in Atlanta reported that their sale price either exceeded or met their price expectations.

Atlanta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Atlanta over the last 12 months.

Local market activity for 1 bedroom condos in Atlanta

In the last 12 months, 44 one-bedroom condos similar to 5/562 Formwalt Street Southwest, have been sold.

This represents a 29% decrease in one-bedroom condos sales when compared to the previous 12 months.

Nearby agents

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Elijah Cantrell

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Lindsey Kent

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Ramesh Seegulam

Ramesh Seegulam is a recommended agent for Atlanta.  They have 5 local sales across the last 12 months.

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