Sold
$125,000
1 beds · 1 baths · 576 sqft
562 Formwalt Street 4, Atlanta, GA 30312
Great deal
Priced about $45,112 (27%) below comparable homes. Estimated market value $170,112, based on 16 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Your opportunity to own a piece of Atlanta starts here! No HOA rental restrictions! Whether you're looking to expand your investment portfolio or purchase your first home, this 1-bedroom, 1-bath condo offers exceptional flexibility in the heart of Atlanta. Enjoy a functional layout and low-maintenance living just minutes from Downtown Atlanta, Mercedes-Benz Stadium, State Farm…
PoolBasement
Listing remarks courtesy of Serhant Georgia, LLC · Sold by Serhant Georgia, LLC.
· FMLS #7801572404-798-5930
$855/mo est.
with $12,500 down · $125,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
Live from the home, on your schedule
Home details
1
Beds
1
Baths
576
Sqft
1961
Built
436 sqft
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,325/morange $1,225 – $1,42512.7% gross yield
Based on 12 similar rentals within a mile (2 recently leased).
1 bd · 1 ba · 750 sqft · 0.2 mi away$1,650/mo1 bd · 1 ba · 617 sqft · 0.7 mi away$1,600/mo1 bd · 1 ba · 555 sqft · 0.8 mi away$1,546/mo1 bd · 2 ba · 640 sqft · 0.6 mi away$1,625/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,191/mo
Principal & interest$730
Property taxes$125
Home insurance$36
HOA$300
Down payment$12,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePending
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Paul L. DunbarElementary
Martin L. King Jr.Middle
Maynard JacksonHigh
Location
64 for sale 16 pending 12 sold
Listed by
Serhant Georgia, LLC · Sold by Serhant Georgia, LLC
Source: FMLS · #7801572
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