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292 Raulston Falls Rd
Jasper, TN 37347
$799,000
Conventional
Property
Bedroom
5
Bathroom
3
Property Type
Conventional
Square ft
2728
Property Description
Whether you are in search of a primary residence or a secondary retreat in a breathtakingly beautiful location, then this custom home in the Jasper Highlands gated community could be exactly what you have been seeking. Leave your cares behind as you enter this private, gated community that offers a serene mountain setting with scenic views and enticing amenities, including two community pools, tennis and pickle ball courts, horseshoe and bocce ball courts, trails, creeks and waterfalls, the Pat's Summit event pavilion and more! This custom 5 bedroom, 2.5 bath home has a versatile floor plan and is positioned on a meticulously landscaped 1.02 +/- acre corner lot just a 5-minute walk to Raulston Falls Park where you can enjoy the walking paths and foot bridges that lead to the waterfall that cascades off the brow. You also have your very own foot bridge and wet weather creek, a back yard fire pit area, and covered porches on three sides where you can enjoy outdoor living and entertaining. The interior of the home boasts an open floor plan, three bedrooms on the main level, granite countertops, specialty ceilings, decorative lighting, heated bathroom floors and great storage. The heart of the home is the kitchen that is open to the great room and the dining area. The great room has a coffered ceiling, a gas fireplace and barn door to a walk-in storage closet. The kitchen has a center island with a raised dining bar, tile backsplash, stainless appliances, a pantry and access to the laundry and powder rooms. The primary suite is on the back of the house and has access to the covered porch, a walk-in closet and private bath with dual vanity, a soaking tub and separate shower with tile surround. There are also tow guest bedrooms that share the use of the full hall bath. Head upstairs where you will find 2 additional bedrooms that are currently being utilized as home offices, as well as fantastic walk-out attic storage. An outdoor shed provides room for all your lawn and garden tools - even the riding mower. The exterior is Hardie and stone, and there are 2 garage bays and a circular drive for easy ingress and egress. Simply a wonderful opportunity for the discerning buyer seeking mostly one-level living in a desirable mountain community, so please call for more information and to schedule a private showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2017
MLS Number
1393306
Location
Address
292 Raulston Falls Rd
City
Jasper
State
TN
Zip Code
37347
County
MARION
Listing
Provider
Keller Williams Realty Greater Downtown, original listing
Name
Keller Williams Realty Greater Downtown
Phone
(423) 664-1900
Office Name
Keller Williams Realty
Office Phone
(423) 664-1900
Agent Name
Jay Robinson

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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.