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1534 Parks Edge Lane NW, Atlanta, GA 30318

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For Sale

$402,986

3 beds • 2 baths • 1 half baths • 1,480 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Townhouse
    Property type

  • Newly Listed
    Time on Century 21

  • $272.29
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

PURCHASE FOR $268,320 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 $268,320 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 $268,320. Qualified buyers must sign a 2nd Mortgage Disclosure. Eligible buyer must be below 80% of 2024 area median income (e.g. $60,240 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.
MLS# 7553622

Courtesy Of Atlanta Communities Real Estate Brokerage

(404) 844-4198

Property Features

  • Age
    1-5 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.02 Acres

Map and Directions

Directions to 1534 Parks Edge Lane NW, Atlanta, GA 30318

Home seller CENTURY 21 Results

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CENTURY 21 Results

(770) 889-6090
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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