$419,030
NEW CONSTRUCTION $84K PRICE INCREASE

1512 Parks Edge Ln NW Atlanta, GA 30318

Grove Park Neighborhood

Estimated payment $2,920/month

Total Views 4,721
3 Beds
2.5 Baths
1,480 Sq Ft
$283 Price per Sq Ft

Highlights

  • New Construction
  • No Units Above
  • Property is near public transit
  • In Ground Pool
  • Separate his and hers bathrooms
  • Oversized primary bedroom

About This Home

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.

Listing Agent

Malik Bells

Atlanta Communities License #432894 Listed on: 04/01/2025

Atlanta Communities

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 871 Sq Ft Lot
  • Property fronts a private road
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Private Entrance
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Entrance Foyer
  • Living Room
  • Neighborhood Views
  • Security Gate

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Oversized primary bedroom
  • Walk-In Closet
  • Separate his and hers bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level

Outdoor Features

  • In Ground Pool
  • Rear Porch

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near the Beltline

Schools

  • William M.Boyd Elementary School
  • John Lewis Invictus Academy/Harper-Archer Middle School
  • Frederick Douglass High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 17 0225 LL2372

Community Details

Overview

  • $1,800 Initiation Fee
  • Park Vue Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,454

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$175 per month

Parking

1

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Townhouse
  • Architectural Style: Townhouse
  • Property Condition: New Construction
  • Year Built: 2023
  • Levels Stories: Two
  • Special Features: NewHome

Property Details

  • Property: Residential Attached

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Entrance Foyer, Recessed Lighting, Walk-In Closet(s)
  • Kitchen Features: Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Additional Rooms: Bathroom, Bedroom, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Square Footage: 1480.00
  • Spa Features: Community
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Oversized Master
  • Total Bathrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Shower Only

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof Type: Composition
  • Fencing: Back Yard, Wood
  • Patio And Porch Features: Rear Porch
  • Exterior Features: Private Entry, Private Yard
  • Pool Features: In Ground
  • View: Neighborhood
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Number of Garage Spaces: 1
  • Number Of Parking Spaces: 1
  • Parking Features: Driveway, Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: None

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim, Termite, Tennis
  • HOA Rent Restrictions: Yes
  • Community Features: Homeowners Assoc, Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Home Warranty: Yes
  • Subdivision Complex: Park Vue

Association/Amenities

  • Number Of Units In Community: 1

Lot Info

  • Acres: 0.0200
  • Lot Features: Back Yard, Private
  • Lot Dimensions: x
  • Parcel Number: 17 0225 LL2372
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: Yes

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1800

Tax Info

  • Taxes: 6454.00
  • Tax Year: 2024

MLS Schools

  • Elementary School: William M.Boyd
  • High School: Frederick Douglass
  • Middle School: John Lewis Invictus Academy/Harper-Archer

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $176,840 $26,480 $150,360
2024 -- $176,840 $26,480 $150,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 For Sale $419,030 0.0% $283 / Sq Ft
05/29/2025 05/29/25 Off Market $419,030 -- --
05/26/2025 05/26/25 For Sale $419,030 0.0% $283 / Sq Ft
05/23/2025 05/23/25 Price Changed $419,030 +24.9% $283 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $335,400 -- $227 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Source: First Multiple Listing Service (FMLS)

MLS Number: 7552422

First Multiple Listing Service (FMLS)

APN: 17-0225-LL-237-2