Listing courtesy of Atlanta Communities

Property Description

PURCHASE FOR $268,320 — 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 $268,320 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 $268,320. Qualified buyers must sign a 2nd Mortgage Disclosure. Eligible buyer must be below 80% of 2024 area median income (e.g. $60,240 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
: Open Concept
: Disappearing Attic Stairs, Track Lighting
: Laundry Room, In Hall
: Smoke Detector(s), Fire Sprinkler System
: No
: No
: Private Entrance
: Back Yard
: Composition
: No
: Driveway, Garage
1
Address Map
1534 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
7553622
Atlanta Communities
: Townhouse
$175
Monthly
: Maintenance Grounds
Frederick Douglass
John Lewis Invictus Academy/harper-archer
William M.Boyd
: Vinyl Siding
: Two
: No
: No
1
: No
: Conventional, Va Loan, Fha
$402,986
17 0225 LL2471
: New Construction
: Private Road
$6,454
2024
: Public
: Public Sewer

1534 Parks Edge Lane Nw

1534 Parks Edge Lane Nw, Atlanta, Georgia 30318

3 Bedrooms
2 Bathrooms
1,480 Sqft
$402,986
MLS# 7553622
Basic Details
Status : Active
Asking Price : $402,986
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