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$335,400

1516 Parks Edge Ln NW Atlanta, GA 30318

3 beds
2 full, 1 partial
0.02 acres
Townhouse

Property details

About 1516 Parks Edge Ln NW

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.

Highlights

Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.02 Acres
Year builtNew Const., 2023
ParkingGarage, Garage Door Opener
MLS #10494609

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Microwave
  • Basement: No
  • Flooring Type: Carpet
  • Interior: Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener
  • Architectural Style: Other
  • Heating: Central
  • Cooling: Central Air
  • List Price: $335,400
  • HOA Amount: $2100
  • Lot: Private
  • Directions: GPS site address: 1615 Johnson Road NW, Atlanta, GA 30318. From I 285 - I 285 to Exit 16 Atlanta Road, drive SE (inside the perimeter) turns into Marietta Blvd. NW, cross over bridge & at light, turn right onto West Marietta St. NW, continue straight on West Marietta St NW for approx. 80 ft., turn left on Johnson Road NW. Park Vue is on the right across from the first entrance to Westside Park.
  • Year Built: 2023
  • Lot Size: 0.02 Acres
  • MLS Number: 10494609
  • MLS Name: Georgia MLS 2
  • Office Name: Atlanta Communities
  • Listing Agent: Malik Bells

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 3:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

William M. Boyd Elementary School

Public District EE-5

0.4 mi

1891 Johnson Rd NW

3

Kipp Ways Primary School

Public Charter KG-4

1.9 mi

350 Temple St NW

3

Scott Elementary School

Public District EE-5

2.0 mi

1752 Hollywood Rd NW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,316. The majority of Atlanta, GA residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

71%
<35k
18%
35k-100k
6%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
28%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
37%
18-34 yrs old
22%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Church's ChickenChurch's Chicken
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • CadillacCadillac
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 Parks Edge Ln NW

The listing price of 1516 Parks Edge Ln NW property is $335,400.

The property 1516 Parks Edge Ln NW is a townhouse located in Atlanta, Georgia, 30318.

Active Listing: 1516 Parks Edge Ln NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1516 Parks Edge Ln NW are: William M. Boyd Elementary School (GreatSchools Rating 4/10), Kipp Ways Primary School (GreatSchools Rating 3/10), Scott Elementary School (GreatSchools Rating 3/10), J. L. Invictus Academy (GreatSchools Rating 3/10), Woodson Park Academy (GreatSchools Rating 4/10), Westside Atlanta Charter School (GreatSchools Rating 5/10), Coretta Scott King Young Women's Academy High School (GreatSchools Rating 6/10), B.E.S.T Academy (GreatSchools Rating 4/10), Kipp Atlanta Collegiate Academy (GreatSchools Rating 4/10).

The property at 1516 Parks Edge Ln NW has 3 bedrooms and 2 full and 1 half bathrooms.

The sq. ft. of 1516 Parks Edge Ln NW is not available (source: MLS/tax record).

The year of construction for 1516 Parks Edge Ln NW is 2023.

This home is located at 1516 Parks Edge Ln NW in Atlanta, GA and zip code 30318 in the Northwest Atlanta neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $335,400.

Over 252 listings were sold over their listed price in June 2025 in Atlanta, GA. In the same period over 718 listings were sold below the listed price and 241 listings were sold for the listed price. The number of homes for sale in Atlanta, GA increased by 10.2% between May and June 2025. Listings spent 45 days on the market in June 2025, and had a median list price of $426,329 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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