GA
Fulton
Atlanta
30318
1516 Parks Edge NW Lane
1516 Parks Edge NW Lane, Atlanta, GA 30318
Share Listing
Listing Type
Condo/Townhome
Listing Status
active
27
$419,030

Home Details for 1516 Parks Edge NW Lane

Price
$419,030
Type
Residential
Bedrooms
3
Bathrooms
3.0
Square feet
NaN
Year built
2023
Lot size acres
0.02
County
Fulton
Garage
1
Basement
None
Days on site
171
MLS Listing#
7553621
Hoa
175
Property Description

PURCHASE FOR $335,400 — AFFORDABLE HOUSING PROGRAM OPPORTUNITY Buyer Income Qualifications & Program Guidelines Apply Don't miss this rare opportunity to own a brand-new townhome across from the newly developed Westside Park and the Atlanta BeltLine, just minutes from the dynamic West Midtown district. This home offers the perfect blend of urban convenience and outdoor recreation—all at an affordable price for qualifying buyers. This property is available exclusively to income-qualified, owner-occupant buyers through an affordable housing initiative supported by Invest Atlanta. While the home is priced at its full market value, the purchase price will be significantly reduced to $335,400 for eligible buyers through a no-interest, no-payment, burn-off soft second mortgage, making it an exceptional opportunity to build wealth through affordable homeownership in a rapidly growing area. Program Highlights: Interested buyers must use an Invest Atlanta Participating Lender to determine eligibility before submitting an offer. Eligible buyers will receive a forgivable soft second mortgage to reduce the net purchase price to $335,400. Qualified buyers must sign a 2nd Mortgage Disclosure. Eligible buyer must be below 100% of 2024 area median income (e.g. $75,300 for 1-person) Up to $40K in Invest Atlanta and Atlanta Housing Down Payment Assistance may be available. Qualification Requirements: To be eligible, buyers must submit proof of income, including: 3 months paystubs 2 years W2s 3 months bank statements 2 years Federal Tax Returns YTD Profit & Loss Statement for Self-Employed Buyers All offers are subject to Invest Atlanta's income verification and program guidelines, and more documents may be required. Don’t miss this rare chance to secure affordable homeownership in a rapidly developing Atlanta neighborhood. Preferred Invest Atlanta approved lender: Bonnie Stewart, Calcon Mortgage Preferred closing attorney: K.G. Hughes & Associates, College Park.

Property Features
  • House Interior
    • Pantry
    • Kitchen Island
    • Entrance Foyer
    • Recessed Lighting
    • Walk-In Closet(s)
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Water Available
  • Parking
    • Driveway
    • Garage
    • Garage Door Opener
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Basement
    • None
  • Fire Place
    • None
School Information
School Information for 1516 Parks Edge NW Lane, Atlanta, GA 30318
Elementary School
William M.Boyd
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Courtesy: Atlanta Communities - 404-844-4198
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Last Updated: 2025-06-19 06:31:18
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EXIT REALTY WEST MIDTOWN
1024 Donald L Hollowell Pkwy N.W Ste A, Atlanta, GA 30318
Office
470 749 9378
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