Listing courtesy of Atlanta Communities

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.

Features
: In Ground
: Oversized Master
: Shower Only, Separate His/hers
: No
: Entrance Foyer, Walk-in Closet(s), Recessed Lighting
: Upper Level, In Hall
: Smoke Detector(s), Security Gate
: No
: No
: Private Yard, Private Entrance
: Back Yard, Private
: Composition
: No
: Driveway, Garage, Garage Door Opener
1
Address Map
1512 Parks Edge Lane Nw
Atlanta
GA
30318
Fulton - GA
W85° 33' 9.2''
N33° 47' 33''
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.
Park Vue
Additional Details
7552422
Atlanta Communities
: Townhouse
$175
Monthly
: Maintenance Grounds, Termite, Swim, Tennis
Frederick Douglass
John Lewis Invictus Academy/harper-archer
William M.Boyd
: Vinyl Siding
: Two
: No
: No
18
: No
: Conventional, Va Loan
$335,400
17 0225 LL2372
: New Construction
: Private Road
$6,454
2024
: Public
: Public Sewer

1512 Parks Edge Lane Nw

1512 Parks Edge Lane Nw, Atlanta, Georgia 30318

3 Bedrooms
2 Bathrooms
1,480 Sqft
$419,030
MLS# 7552422
Basic Details
Status : Active
Asking Price : $419,030
Bedrooms : 3
Bathrooms : 2
Half Bathrooms : 1
Square Footage : 1,480 Sqft
Year Built : 2023
Lot Area : 0.02 Acres
Standard Status : Active
Property SubType : Townhouse
Ben Hirsh
Hirsh Real Estate - Buckhead.com
Contact Ben