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Alex Olu

alexander.olu@evatlanta.com +1(512) 796-5871

$ 335,400

Est. payment -/mo

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Active

1516 Parks Edge LN NW Atlanta, GA 30318

3 Beds

2.5 Baths

871 Sqft Lot

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Park Vue

MLS Listing ID 10494609

Style Other

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $2,100

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $6,454

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 871.2

Property Sub-Type Townhouse

Source Georgia MLS 2

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. For more information or to start the qualification process, have your agent contact Malik Bells today. Preferred Invest Atlanta approved lender: Bonnie Stewart, Calcon Mortgage https://apply.calconmutualmortgage.com/#/choose-loan-type?referrerId=bstewart@calconmutualmortgage.com Preferred closing attorney: K.G. Hughes & Associates, College Park.

Location

State GA

County Fulton

Rooms

Basement None

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet

Fireplace No

Appliance Dishwasher, Disposal, Microwave

Laundry In Hall, Upper Level

Exterior

Parking Features Garage, Garage Door Opener

Garage Spaces 1.0

Fence Fenced, Wood

Pool In Ground

Community Features Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Composition

Total Parking Spaces 1

Garage Yes

Private Pool Yes

Building

Lot Description Private

Faces GPS site address: 1615 Johnson Road NW, Atlanta, GA 30318. From I 285 - I 285 to Exit 16 Atlanta Road, drive SE (inside the perimeter) turns into Marietta Blvd. NW, cross over bridge & at light, turn right onto West Marietta St. NW, continue straight on West Marietta St NW for approx. 80 ft., turn left on Johnson Road NW. Park Vue is on the right across from the first entrance to Westside Park.

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction Yes

Schools

Elementary Schools Boyd

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include Maintenance Grounds,Pest Control,Swimming,Tennis,Trash

Tax ID 170225LL2398

Security Features Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition New Construction

Alex Olu

Real Estate Advisor | License ID: 386304

+1(512) 796-5871

Alex Olu

1516 Parks Edge LN NW Atlanta, GA 30318

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1516 Parks Edge LN NW