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.
Active
Price increase: $83.6K (6/17)
$335,400
1516 Parks Edge Ln NW, Atlanta, GA 30318
3beds
--sqft
Est.:
Townhouse
Built in 2023
871.2 Square Feet Lot
$333,800 Zestimate®
$--/sqft
$175/mo HOA
What's special
- 124 days
- on Zillow |
- 251 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 09:45am
Listed by:
Malik Bells 404-734-5079,
Atlanta Communities
Source: GAMLS,MLS#: 10494609

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Foyer, Laundry
Kitchen
- Features: Kitchen Island, Walk-in Pantry
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave
- Laundry: In Hall, Upper Level
Features
- Walk-In Closet(s)
- Flooring: Carpet
- Windows: Double Pane Windows
- Basement: None
- Attic: Pull Down Stairs
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage, Garage Door Opener
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: In Ground
- Fencing: Fenced,Wood
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 871.2 Square Feet
- Features: Private
Details
- Parcel number: 170225LL2398
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Features: Pool, Sidewalks, Street Lights, Swim Team, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping
- Security: Gated Community, Smoke Detector(s)
- Subdivision: Park Vue
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Pest Control, Swimming, Tennis, Trash
- HOA fee: $2,100 annually
Location
- Region: Atlanta
Financial & listing details
- Annual tax amount: $6,454
- Date on market: 4/1/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
- Loading
- Loading