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Description Open House Details Location Market Trends Schools Recent Sales
$335,400 Est. $1,235 / mo.*

1516 Parks Edge Lane Nw Atlanta , GA 30318

Listing courtesy of Atlanta Communities dunwoody@atlantacommunities.net

Description

3 Beds
2 full, 1 half Baths
0 Sqft
871 Sqft lot
0.02 Acre lot
Status: Active
Property Type: Townhouse
Year Built: 2023
Neighborhood: Park Vue
Days on Website: 138
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.

Open House

Property Details and Features

Appliances & Equipment
Dishwasher
Disposal
Microwave
Basement
None
Bathrooms
2 upper level full bathrooms
1 main level half bathroom
2 full bathrooms
1 half bathroom
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Contact an Agent

Keith Sharp

404-604-3800 678-778-8774

Location

$335,400 -
1516 Parks Edge Lane Nw Atlanta , GA 30318
County: Fulton

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