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Status: Active

1512 Parks Edge Ln NW 
Atlanta, GA 30318

$419,030

------/mo*
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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.
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Bedrooms
3
Baths
2.5
House Size
--
Year Built
2023
Lot Size
0.02 ac

Location

Market Insights

In the last 30 days, homes for sale in Rockdale, Atlanta, GA were on the market for a median of 99 days and 100% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Microwave
basement
None
cooling
Central Air
features
Kitchen Island
Entrance Foyer
Walk-in Closet(s)
flooring
Carpet
Vinyl
heating
Central
laundry features
Laundry Room
In Hall
Upper Level
view
City
window features
Insulated Windows
Double Pane Windows

Exterior Information

fence
Back Yard
Wood
pool
In Ground
roof
Composition

Property Information

architectural style
Other
community
Gated
Park
Pool
Sidewalks
Street Lights
Tennis Court(s)
construction
Vinyl Siding
foundation
Slab
hoa fees
$2,100.00
Annually
hoa includes
Maintenance Grounds
Pest Control
lot
Private
parking
Garage
Garage Door Opener
security features
Gated Community
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Park Vue
utilities
Cable Available
Electricity Available
Natural Gas Available
Sewer Available
Water Available
water source
Public
  • Listed By Malik Bells
  • SONDEREALTYLLC@GMAIL.COM
  • (404) 844-4198
  • Atlanta Communities
  • (404) 844-4198
  • dunwoody@atlantacommunities.net
  • MLS 10494256

Monthly Payments Calculator

Estimated Monthly Cost

$2,932

30 year fixed·6.9% interest rate
Principal & Interest
$2,208
Property Taxes
$349
Home Insurance
$200
HOA Fees
$175
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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