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213 Patty Rd
Ringgold, GA 30736
$859,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2362
Property Description
Welcome to 213 Patty Road, This charming property with many updates and renovations also comes with 16 acres that will have you hooked as soon as you pull into the drive. As you walk inside you will be greeted with a unique impression and notice the exquisite stone flooring in the foyer. The Living area off from the Great room was an addition that was added to give an easy flow for entertainment. As you continue your tour through the home you will see the beautifully well kept Kitchen that was recently completely renovated, off from the kitchen is a breakfast nook, and separate dining room. The Master bedroom is very spacious with a fireplace, The Master Bathroom has also been recently renovated with double sinks and a walk-in shower. Walking up to the 2nd level in the hallway you will see another full bathroom with Two more additional bedrooms occupying the 2nd level. The 2nd and 3rd bedroom give plenty of space as the 2nd bedroom has a modest study nook that has an outstanding view of the property. Moving to the exterior of the home is an inground pool that over looks a view of the ridge. The pool has a new liner and the patio area has also been expanded with additional concrete and fencing. There's a nice area next to the pool perfect for lounging in the sun, or curling up next to the fire pit. A luxury of this property is the enjoyment of getting to see all of the wildlife grazing and walking through the fields. There's a 2 car garage detached from the home that was just built in 2023 with epoxied floors. Behind that is a utility garage that would fit the lawn mower and ATV's. A workshop sits next to the garage making it the wood worker's dream. The corner of the property you will find a private pond that could be stocked with plenty of fish. Last thing to mention is how convenient this property is to I-24 and downtown Ringgold, You have to see this one for yourself!
Property Information
Lot Size
16 acre(s) square ft
Property Type
Residential
Year Built
1983
MLS Number
1388934
Location
Address
213 Patty Rd
City
Ringgold
State
GA
Zip Code
30736
County
CATOOSA
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
Amanda Battles

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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.