$419,030
NEW CONSTRUCTION $84K PRICE INCREASE

1516 Parks Edge Ln NW Atlanta, GA 30318

Estimated payment $2,979/month

Total Views 5,082
3 Beds
2.5 Baths
1,480 Sq Ft
$283 Price per Sq Ft

Highlights

  • New Construction
  • Separate his and hers bathrooms
  • Property is near public transit
  • In Ground Pool
  • View of Trees or Woods
  • Private Lot

About This Home

PURCHASE FOR $335,400 — AFFORDABLE HOUSING PROGRAM OPPORTUNITYBuyer Income Qualifications & Program Guidelines ApplyDon'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 paystubs2 years W2s3 months bank statements2 years Federal Tax ReturnsYTD Profit & Loss Statement for Self-Employed BuyersAll 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
  • Two or More Common Walls
  • Private Entrance
  • Wood Fence
  • Back Yard

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Neighborhood

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
  • Pull Down Stairs to Attic
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Luxury Vinyl Tile

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 LL2398

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Swim Team
  • Community Pool
  • Community Spa
  • Trails

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

  • Flooring: Carpet, Luxury Vinyl
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Interior Amenities: Disappearing Attic Stairs, 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
  • 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: Fenced, Wood
  • Patio And Porch Features: Rear Porch
  • Exterior Features: Private Entry
  • Pool Features: In Ground
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 1
  • 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: Fire Alarm, Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Hall, Upper Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: None

Condo/Co-op/Association

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

Association/Amenities

  • Number Of Units In Community: 1

Schools

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

Lot Info

  • Acres: 0.0200
  • Lot Features: Back Yard, Private
  • Lot Dimensions: x
  • Parcel Number: 17 0225 LL2398
  • 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
  • Assessor Parcel Number: 17-0225-LL-239-8
  • 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 Change Sq Ft Price
06/17/2025 06/17/25 For Sale $419,030 0.0% $283 / Sq Ft
06/05/2025 06/05/25 Off Market $419,030 -- --
06/05/2025 06/05/25 For Sale $419,030 0.0% $283 / Sq Ft
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
05/01/2025 05/01/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $335,400 -- $227 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7553621

First Multiple Listing Service (FMLS)

APN: 17-0225-LL-239-8