1512 Parks Edge Ln NW Atlanta, GA 30318
Grove Park NeighborhoodEstimated payment $2,920/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: 7552422
APN: 17-0225-LL-237-2
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