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437 Valley Road Nw
Atlanta, GA 30305
$6,995,000
Conventional
Property
Bedroom
8
Bathroom
10
Property Type
Conventional
Square ft
--
Property Description
There was no detail overlooked in this stunning new construction in the coveted Tuxedo Park. Completed in 2021, this 8 bed, 7 full bath and 3 half bath home was the product of a collaboration between the Architects at Harrison Design and Builder Rick Fierer with Bildon Construction. The design gives the essence of old Atlanta with a traditional look and contemporary features, perfectly balancing elegance with an inviting and intimate feel. A double gated 24” custom masonry security fence guides you to the property tucked back on a beautiful flat lot. Custom steel doors lead you to the interior where you’ll find soaring ceilings, gorgeous Venetian plaster, and 8” white oak floors all flooded with natural light. An open concept layout on the main level seamlessly connects the main living area, kitchen and sitting room which all feature floor to ceiling window walls overlooking the stunning outdoor living space and heated saltwater pool. The main floor living areas are adorned with Isokern masonry fireplaces with Francois custom limestone mantels and hearths and hand hewed custom whitewashed beams that add to the inviting nature of the home. The gourmet kitchen is perfection, lined with leathered Calcutta Gold on the large island and full height backsplash, Block and Chisel cabinetry, full Sub-Zero appliance package and an accompanying catering kitchen and butler’s pantry. The main level primary bedroom features striking vaulted ceilings, private access to the outdoor living area and pool, and ensuite primary bath with honed and polished mystery white marble counters, shower cladding, handmade ceramic tile, heated floors and a steam shower. Entertaining is a must with the lower level featuring a fully equipped bar, state of the art theatre projection and a temperature-controlled wine room with a 1200 bottle capacity. A detached guest house just steps from the main residence would be the perfect in-law suite or private office. Additional enviable features include gourmet outdoor kitchen and built-in grill area, elevator access to all three floors and fully automated smart house Lutron, Control4 integration, whole house water filtration, and Flologic.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2020
MLS Number
7354756
Location
Address
437 Valley Road NW
City
Atlanta
State
GA
Zip Code
30305
County
FULTON (NORTH ATLANTA)
Listing
Provider
Ansley Real Estate Christie's International, original listing
Name
Ansley Real Estate Christie's International
Phone
(404) 480-4663
Office Name
Ansley Real Estate | Christie's International
Office Phone
(404) 480-4663
Agent Name
Robin Collins

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.