Atlanta, GA 30318,1516 Parks Edge LN NW
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Atlanta, GA 30318,1516 Parks Edge LN NW
Atlanta, GA 30318,1516 Parks Edge LN NW
Atlanta, GA 30318,1516 Parks Edge LN NW
Atlanta, GA 30318,1516 Parks Edge LN NW
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$ 419,030
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Pending

1516 Parks Edge LN NW Atlanta, GA 30318

3 Beds

2.5 Baths

1,480 SqFt


UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Pending

Purchase Type For Sale

Square Footage 1,480 sqft

Price per Sqft $283

Subdivision Park Vue

MLS Listing ID 7553621

Style Townhouse

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status New Construction

HOA Fees $175

HOA Y/N Yes

Year Built 2023

Annual Tax Amount $6,454

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Townhouse

Source First Multiple Listing Service

Property Description

**POSSIBLE PURCHASE PRICE OF $335,400 SUBJECT TO INCOME APPROVAL & PROGRAM ACKNOWLEDGMENT** Rare opportunity to own a brand-new townhome directly across from the newly developed Westside Park and the Atlanta BeltLine, just minutes from the vibrant West Midtown district. This exceptional offering combines urban convenience with access to world-class outdoor recreation, dining, shopping, and entertainment. Priced at 100% of the 2024 Atlanta-Sandy Springs Area Median Income (AMI) as defined by HUD and Invest Atlanta, this home is available exclusively to income-qualified, owner-occupant buyers through a special program offered by the Metro Atlanta Land Bank in partnership with Invest Atlanta.

Please Note: No investors or rent-to-own programs are permitted—NO EXCEPTIONS.

Program Highlights:
* Potential down payment assistance available through Invest Atlanta.
* Built-in instant equity in one of Atlanta's fastest-growing areas.
* No monthly payments on the required burn-off lien, which is completely forgiven after TEN years of continuous owner-occupancy. If the property is sold, rented, or ceases to be owner-occupied during that time, the full lien amount will become due.

Qualification Requirements:
To be eligible, buyers must submit proof of income, including:

* 2024 tax returns
* 2025 and/or 2024 W-2s
* Recent pay stubs or an income tax transcript
* Buyer's income not to exceed 100% Atlanta Sandy Springs 2024 AMI

All offers are subject to Invest Atlanta's income verification and program guidelines.

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.

Location

State GA

County Fulton

Lake Name None

Rooms

Bedroom Description Oversized Master

Other Rooms None

Basement None

Dining Room None

Interior

Interior Features Disappearing Attic Stairs, Entrance Foyer, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Fireplaces Type None

Window Features Double Pane Windows

Appliance Dishwasher, Disposal, Gas Range, Microwave, Refrigerator

Laundry In Hall, Upper Level

Exterior

Exterior Feature Private Entrance

Parking Features Driveway, Garage, Garage Door Opener

Garage Spaces 1.0

Fence Fenced, Wood

Pool In Ground

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)

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

Waterfront Description None

View Neighborhood, Trees/Woods

Roof Type Composition

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch Rear Porch

Total Parking Spaces 1

Private Pool false

Building

Lot Description Back Yard, Private

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Townhouse

Level or Stories Two

Structure Type Vinyl Siding

New Construction No

Construction Status New Construction

Schools

Elementary Schools William M.Boyd

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

HOA Fee Include Maintenance Grounds,Swim,Termite,Tennis,Trash

Senior Community no

Restrictions true

Tax ID 17 0225 LL2398

Ownership Fee Simple

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing no

Special Listing Condition None


First Multiple Listing Service(FMLS)
Listed by Atlanta Communities
agent

Dana Possick

Broker/REALTOR | License ID: 246701

+1(404) 309-2930

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1516 Parks Edge LN NW