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  5. 562 Formwalt St
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562 Formwalt St

562 Formwalt St, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

0

# TOTAL UNITS

8

UNIT SIZE RANGE

526-626 sqft

Description

562 Formwalt St sits in Atlanta, near the intersection of Pryor Road SW and University Avenue SW. The area provides city views and nearby access to the Chattahoochee River. The building connects well to public transport, parks, and trails, enhancing the neighborhood experience. This low-rise condominium building has 0 stories and 8 units. Construction completed in 1961. Unit sizes range from 526 to 626 square feet and include 1 and 2 bedrooms. Each unit presents a contemporary style with exposed brick walls, adding to its charm. Prices for these units vary from $161,000 to $225,000. No rental restrictions apply to the property, making it appealing for both owners and investors. The neighborhood supports an active lifestyle with access to parks and walking trails. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge. Grocery shopping is convenient at Nick's Market Place. Sidewalks and street lights add to safety and accessibility for residents, enhancing daily life. The building offers outdoor deck space, great for relaxation or social gatherings. A laundry room is also available, adding convenience within the building. This location balances urban living with nearby nature, making it an attractive option for various lifestyles.

Building ImageMLS ID #7801572
Building ImageMLS ID #7801572
Building Image
Building ImageView Listing

562 Formwalt St

562 Formwalt St, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

0

# TOTAL UNITS

8

UNIT SIZE RANGE

526-626 sqft

Description

562 Formwalt St sits in Atlanta, near the intersection of Pryor Road SW and University Avenue SW. The area provides city views and nearby access to the Chattahoochee River. The building connects well to public transport, parks, and trails, enhancing the neighborhood experience. This low-rise condominium building has 0 stories and 8 units. Construction completed in 1961. Unit sizes range from 526 to 626 square feet and include 1 and 2 bedrooms. Each unit presents a contemporary style with exposed brick walls, adding to its charm. Prices for these units vary from $161,000 to $225,000. No rental restrictions apply to the property, making it appealing for both owners and investors. The neighborhood supports an active lifestyle with access to parks and walking trails. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge. Grocery shopping is convenient at Nick's Market Place. Sidewalks and street lights add to safety and accessibility for residents, enhancing daily life. The building offers outdoor deck space, great for relaxation or social gatherings. A laundry room is also available, adding convenience within the building. This location balances urban living with nearby nature, making it an attractive option for various lifestyles.

Next

Description

562 Formwalt St sits in Atlanta, near the intersection of Pryor Road SW and University Avenue SW. The area provides city views and nearby access to the Chattahoochee River. The building connects well to public transport, parks, and trails, enhancing the neighborhood experience. This low-rise condominium building has 0 stories and 8 units. Construction completed in 1961. Unit sizes range from 526 to 626 square feet and include 1 and 2 bedrooms. Each unit presents a contemporary style with exposed brick walls, adding to its charm. Prices for these units vary from $161,000 to $225,000. No rental restrictions apply to the property, making it appealing for both owners and investors. The neighborhood supports an active lifestyle with access to parks and walking trails. Nearby amenities include restaurants like BBQ Suite and Museumbar Restaurant Bar Lounge. Grocery shopping is convenient at Nick's Market Place. Sidewalks and street lights add to safety and accessibility for residents, enhancing daily life. The building offers outdoor deck space, great for relaxation or social gatherings. A laundry room is also available, adding convenience within the building. This location balances urban living with nearby nature, making it an attractive option for various lifestyles.

562 Formwalt St Key Stats Last 12 months

Avg. Listed Price$125,000($218/Sqft.)

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
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Key Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

562 Formwalt St Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 55-11362022-10-14
MLS#: 7110228
Closed$161,000
Unit 22-21422022-07-28
MLS#: 7067590
Closed$225,000
Unit 44-11372019-10-11
MLS#: 6612151
Closed$93,000
Unit 44-1-2012017-09-13
MLS#: 5809916
Closed$65,000
Unit 2
2

2 Beds

1 Baths

- sqft


DateStatusPrice
2022-07-28Closed$225,000
MLS#: 7067590
Days On Market42
Unit 4
4

1 Beds

1 Baths

- sqft


DateStatusPrice
2019-10-11Closed$93,000
MLS#: 6612151
Days On Market37
Unit 4
4

1 Beds

Baths

- sqft


DateStatusPrice
2017-09-13Closed$65,000
MLS#: 5809916
Days On Market201
Unit 5
5

1 Beds

1 Baths

- sqft


DateStatusPrice
2022-10-14Closed$161,000
MLS#: 7110228
Days On Market36
View Complete Unit Listing HistorySource By: FMLS

Amenities

This condo building offers a range of inviting amenities for residents. You can take a lovely stroll along the sidewalks to relax or walk your dog. There are nearby restaurants, making dining out easy and enjoyable. Public transport is just a stone's throw away, which is perfect for commuting or exploring the city. If you love the outdoors, a park is close by for picnics and play. For the adventurous types, enjoy the trails and greenway nearby to bike or walk. The convenience of being near the Beltline also adds to your lifestyle options.

Next

Amenities Description

This condo building offers a range of inviting amenities for residents. You can take a lovely stroll along the sidewalks to relax or walk your dog. There are nearby restaurants, making dining out easy and enjoyable. Public transport is just a stone's throw away, which is perfect for commuting or exploring the city. If you love the outdoors, a park is close by for picnics and play. For the adventurous types, enjoy the trails and greenway nearby to bike or walk. The convenience of being near the Beltline also adds to your lifestyle options.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Fire Alarm

Fire Alarm

Security System

Security System

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

In this condo, policies create a friendly and organized living space. The building sets guidelines to ensure everyone's comfort. You can enjoy your home with assurance. If you are considering moving in, you will need to understand occupancy limits. A deposit is required to secure your new condo. Additionally, if you have pets, you will be pleased to know that both cats and dogs are welcome. However, size limits for your furry friends may apply. Overall, this building aims to support a positive community feel for all residents.

Next

Amenities Description

In this condo, policies create a friendly and organized living space. The building sets guidelines to ensure everyone's comfort. You can enjoy your home with assurance. If you are considering moving in, you will need to understand occupancy limits. A deposit is required to secure your new condo. Additionally, if you have pets, you will be pleased to know that both cats and dogs are welcome. However, size limits for your furry friends may apply. Overall, this building aims to support a positive community feel for all residents.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
562 Formwalt St--
Capitol City Square Condos$224/sqft.$2 /sqft.
Capital City Square Condos$226/sqft.$2 /sqft.
561 Formwalt St Sw$232/sqft.$2 /sqft.
502 Pryor St$177/sqft.$3 /sqft.
Cityside Lofts$177/sqft.$3 /sqft.

Nearby Schools

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|0.42 miles away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|0.76 miles away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|0.86 miles away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|0.87 miles away

Barack & Michelle Obama Academy

D
Public|Grades PK–5
970 Martin St SE|1 miles away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|1.04 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|Less than 1 Mile Away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|Less than 1 Mile Away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|Less than 1 Mile Away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|Less than 1 Mile Away

Barack & Michelle Obama Academy

D
Public|Grades PK–5
970 Martin St SE|Less than 1 Mile Away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|1.04 Miles Away

Atlanta Neighborhood Charter - Elementary School

B+
Public|Grades KG–5
688 Grant St SE|1.13 Miles Away

Department of Human Resources

--
Public|Grades PK–12
2 Peachtree St NW|1.16 Miles Away

St Nicholas Orthodox Academy

--
Private|Grades KG–8
543 Cherokee Ave S...|1.25 Miles Away

G. W. Carver High School

D-
Public|Grades 9–12
55 McDonough Blvd ...|1.34 Miles Away

Early College High School at Carver

B+
Public|Grades 9–12
55 McDonough Blvd ...|1.35 Miles Away

Slater Elementary School

D
Public|Grades KG–5
1320 Pryor Rd SW|1.36 Miles Away

Herman J. Russell West End Academy

C-
Public|Grades 6–8
765 Peeples St SW|1.49 Miles Away

M. Agnes Jones Elementary School

C-
Public|Grades EE–5
1040 Fair St SW|1.68 Miles Away

Cristo Rey Atlanta Jesuit High School

--
Private|Grades 9–12
222 Piedmont Ave N...|1.73 Miles Away

Parkside Elementary School

C
Public|Grades PK–5
685 Mercer St SE|1.79 Miles Away

The New School Atlanta

--
Private|Grades 9–12
655 Memorial Dr SE|1.80 Miles Away

Booker T. Washington High School

D+
Public|Grades 9–12
45 Whitehouse Dr S...|1.82 Miles Away

Slam Academy of Atlanta

F
Public|Grades KG–5
1150 Westview Dr S...|1.82 Miles Away

Hollis Innovation Academy

D
Public|Grades EE–8
225 James P Brawle...|1.84 Miles Away

Hope - Hill Elementary School

C-
Public|Grades PK–5
112 Boulevard NE|1.89 Miles Away

Maynard Holbrook Jackson High School

B-
Public|Grades 9–12
801 Glenwood Ave S...|1.94 Miles Away

Ron Clark Academy

--
Private|Grades 4–8
228 Margaret St SE|1.95 Miles Away

Finch Elementary School

D
Public|Grades EE–5
1114 Avon Ave SW|1.99 Miles Away

Transit

ARTHUR LANGFORD JR PL SW @ 220

1.63 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ BOOKER ST SW

1.77 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ BOWEN CIR SW

1.63 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ JOYLAND PL

1.66 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ PRYOR RD SW

1.63 miles away|32 min walk

ASHBY STATION

1.79 miles away|35 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

ARTHUR LANGFORD JR PL SW @ 220

1.63 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ BOOKER ST SW

1.77 miles away|34 min walk

ARTHUR LANGFORD JR PL SW @ BOWEN CIR SW

1.63 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ JOYLAND PL

1.66 miles away|32 min walk

ARTHUR LANGFORD JR PL SW @ PRYOR RD SW

1.63 miles away|32 min walk

ASHBY STATION

1.79 miles away|35 min walk

ASHBY STATION - NORTHBOUND

1.77 miles away|34 min walk

ASHBY STATION - SOUTHBOUND

1.8 miles away|35 min walk

ATLANTA AVE @ CHEROKEE AVE

1.39 miles away|27 min walk

ATLANTA AVE SE @ BOULEVARD SE

1.62 miles away|32 min walk

ATLANTA AVE SE @ CHEROKEE AVE SE

1.39 miles away|27 min walk

ATLANTA AVE SE @ CONNALLY ST SE

1 miles away|20 min walk

ATLANTA AVE SE @ FRASER ST SE

0.74 miles away|15 min walk

ATLANTA AVE SE @ GRANT TER SE

1.04 miles away|20 min walk

ATLANTA AVE SE @ HANK AARON DR

0.7 miles away|14 min walk

ATLANTA AVE SE @ MARION AVE SE

1.81 miles away|35 min walk

ATLANTA AVE SE @ MARTIN ST SE

0.82 miles away|16 min walk

ATLANTA METRO STATE COLLEGE

1.96 miles away|38 min walk

ATLANTA STUDENT MOVEMENT BLVD @ ELM ST SW

1.1 miles away|22 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHARLEE ST SW

1.41 miles away|28 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHRLEE ST SW

1.41 miles away|28 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JAMES P BRAWLEY DR SW

1.26 miles away|25 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JOHN HOPE DR SW

1.15 miles away|22 min walk

ATLANTA STUDENT MOVEMENT BLVD @ LAWSHE ST SW

1.16 miles away|23 min walk

ATLANTA STUDENT MOVEMENT BLVD @ MILTON ST SW

1.34 miles away|26 min walk

ATLANTA STUDENT MOVEMENT BLVD @ NORTHSIDE DR SW

0.93 miles away|18 min walk

ATLANTA STUDENT MOVEMENT BLVD @ OGDEN ST SW

1.45 miles away|28 min walk

ATLANTA STUDENT MOVEMENT BLVD @ WALNUT ST SW

1 miles away|20 min walk

AUBURN AVE NE @ HILLIARD ST NE

1.63 miles away|32 min walk

AUBURN AVE NE @ JESSE HILL JR DR NE

1.51 miles away|29 min walk

AUBURN AVE @ PIEDMONT AVE

1.45 miles away|28 min walk

AUBURN AVE @ WILLIAM H BORDERS SR DR

1.69 miles away|33 min walk

AUBURN POINTE DR @ VERANDA CIR

1.39 miles away|27 min walk

AVON AVE SW @ MURPHY AVE SW

1.87 miles away|36 min walk

Baker St at Peachtree St

1.75 miles away|34 min walk

Baker St at Williams St

1.72 miles away|33 min walk

Baker Street & Peachtree Street (Truist

1.75 miles away|34 min walk

BOULEVARD NE @ IRWIN ST NE

1.92 miles away|37 min walk

BOULEVARD NE @ OLD WHEAT ST NE

1.84 miles away|36 min walk

BOULEVARD SE @ ATLANTA AVE

1.66 miles away|32 min walk

BOULEVARD SE @ ATLANTA AVE SE

1.65 miles away|32 min walk

BOULEVARD SE @ BERNE ST

1.58 miles away|31 min walk

BOULEVARD SE @ BERNE ST SE

1.59 miles away|31 min walk

BOULEVARD SE @ CHAMBERLAIN ST SE

1.74 miles away|34 min walk

BOULEVARD SE @ DECATUR ST SE

1.69 miles away|33 min walk

BOULEVARD SE @ DELMAR AVE

1.62 miles away|32 min walk

BOULEVARD SE @ DELMAR AVE SE

1.62 miles away|31 min walk

BOULEVARD SE @ EDGEWOOD AVE SE

1.76 miles away|34 min walk

BOULEVARD SE @ ENGLEWOOD AVE SE

1.92 miles away|37 min walk

BOULEVARD SE @ HAMILTON AVE

1.74 miles away|34 min walk

The Neighbourhood: Mechanicsville

Mechanicsville sits south of downtown Atlanta near Grant Park and the Martin Luther King Jr. National Historical Park. This district contains large green space at Grant Park and hosts community events. Zoo Atlanta offers animal exhibits and family outings within walking distance. Oakland Cemetery contains historic plots and calm garden areas that people visit. Underground Atlanta presents shops and seasonal events for visitors. Centennial Olympic Park supplies open lawns and memorials for city gatherings. Paschal's and The Varsity serve classic Southern meals and quick bites to local diners. Fox Bros. Bar-B-Q and Sweet Auburn Curb Market give more dining choices for the public. The Atlanta BeltLine trail attracts walkers and cyclists through nearby corridors. MARTA trains and buses connect travelers to Five Points and King Memorial stations. The Atlanta Streetcar links downtown stops and enhances short trips for riders. Small shops and churches provide everyday services and community programs in many blocks. The Star Bar and local music spots host live shows in the evenings. Community gardens and playgrounds offer places for kids and adults to spend time. Census numbers show the most common age group is 35 to 39 years and one-person households form the largest household type.

Next

Neighbourhood Description

Mechanicsville sits south of downtown Atlanta near Grant Park and the Martin Luther King Jr. National Historical Park. This district contains large green space at Grant Park and hosts community events. Zoo Atlanta offers animal exhibits and family outings within walking distance. Oakland Cemetery contains historic plots and calm garden areas that people visit. Underground Atlanta presents shops and seasonal events for visitors. Centennial Olympic Park supplies open lawns and memorials for city gatherings. Paschal's and The Varsity serve classic Southern meals and quick bites to local diners. Fox Bros. Bar-B-Q and Sweet Auburn Curb Market give more dining choices for the public. The Atlanta BeltLine trail attracts walkers and cyclists through nearby corridors. MARTA trains and buses connect travelers to Five Points and King Memorial stations. The Atlanta Streetcar links downtown stops and enhances short trips for riders. Small shops and churches provide everyday services and community programs in many blocks. The Star Bar and local music spots host live shows in the evenings. Community gardens and playgrounds offer places for kids and adults to spend time. Census numbers show the most common age group is 35 to 39 years and one-person households form the largest household type.

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562 Formwalt St Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 18.83% are children aged 0–14, 28.61% are young adults between 15–29, 24.25% are adults aged 30–44, 15.66% are in the 45–59 range and 12.65% are seniors aged 60 and above. Commuting options are also varying where 56.71% of residents relying on driving, while others prefer public transit around 15.72%, walking around 6.62%, biking around 0.75%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 75.94% of units are rented and 24.06% are owner occupied. The neighborhood offers different household types. About 19.15% are single family homes and 3.36% are multi family units. Around 56.23% are single-person households, while 43.77% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 20.02% of residents have bachelor’s degrees. Around 26.7% have high school or college education. Another 6.65% hold diplomas while 14.63% have completed postgraduate studies. The remaining are 32% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 18.83% are children aged 0–14, 28.61% are young adults between 15–29, 24.25% are adults aged 30–44, 15.66% are in the 45–59 range and 12.65% are seniors aged 60 and above. Commuting options are also varying where 56.71% of residents relying on driving, while others prefer public transit around 15.72%, walking around 6.62%, biking around 0.75%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 75.94% of units are rented and 24.06% are owner occupied. The neighborhood offers different household types. About 19.15% are single family homes and 3.36% are multi family units. Around 56.23% are single-person households, while 43.77% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 20.02% of residents have bachelor’s degrees. Around 26.7% have high school or college education. Another 6.65% hold diplomas while 14.63% have completed postgraduate studies. The remaining are 32% with other types of qualifications.

Age Demographics

18.83% (0 - 14 years old)

28.61% (15 - 29 years old)

24.25% (30 - 44 years old)

15.66% (45 - 59 years old)

12.65% (60+ years old)

Commute

15.72%

Transit

6.62%

Walk

56.71%

Drive

0.75%

Bike

Housing Ownership

24.06%

Owner Occupied

75.94%

Rental Units

Household Types

19.15%

Single Family

3.36%

Multi Family

56.23%

Single Person

43.77%

Multi Person

Education

Bachelors Degree20.02%
High School College26.7%
Diploma6.65%
Post Graduate14.63%
Others32%
Next

Education

Diploma6.65%
Post Graduate14.63%
Others32%
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  1. Home
  2. /Atlanta, GA
  3. /
    562 Formwalt St
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HomeSouth Residential, Inc.

Mark Bradley

4400 North Point Pkwy, Ste. 151

Alpharetta, GA 30022

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