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1409 Oakridge View Drive
Mableton, GA 30126
$1,325,000
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
5514
Property Description
The one you’ve been waiting for! HUGE PRIVATE LOT, STUNNING INTERIOR, WALK TO WHITEFIELD ACADEMY, FULLY MANICURED fenced-in expansive BACKYARD leading to PRIVATE NATURE TRAIL, DREAM MASTER BEDROOM with CUSTOM CALIFORNIA his & hers CLOSETS, FINISHED TERRACE LEVEL with gym, bar, play area, full bathroom and bedroom. Discover this beautiful brick and stone masterpiece in the most desirable section of prestigious Vinings Estates. Over $400k in updates inside and out have transformed this home into the epitome of modern elegance. The grand double door entrance leads you into a 2-story foyer bathed in light from the oversized chandelier. You’ll immediately notice the travertine tile floors, plantation shutters and freshly painted walls, luxurious details showcasing the quality of this home. Your home office awaits you to one side, and large dining room to the other. The floor-to-ceiling wall of living room windows gives the home abundant natural light and presents a breathtaking view of the expansive backyard. Soaring ceilings and open layout seamlessly transition from one living space to another. The large living room with stacked stone fireplace flanked with custom built-in bookcases flows into the chef’s kitchen with multiple eat-in areas and workspaces, gorgeous stained cabinets complemented with elegant quartz, and top of the line stainless steel appliances. The kitchen leads to the screened porch and back patio, ideal for entertaining, with magnificent views of the backyard. Adjacent to the kitchen are the pantry, laundry with custom cabinetry, and spacious 3-car garage with built in shelving. The main level also has a convenient guest suite with a full bath. Heading upstairs you’ll notice the light white oak floors and wrought iron balusters, with an impressive view from the catwalk overlooking the living area below. Three secondary bedrooms upstairs are all sizable, two with a Jack and Jill bath and the other with en-suite, all with excellent closet space. The owner’s suite is the crown jewel of the home. Beyond its substantial size and vaulted tray ceiling, it has a sitting room with doors that could make this area perfect for a nursery or home office. The three walk-in closets have been customized with California Closets, making organization effortless. The largest closet is awe-inspiring with a vaulted ceiling, central island workstation and natural light flooding in from two windows. The bathroom will impress as well with separate vanities, tiled shower and jetted soaking tub. Truly an incomparable owner’s suite! The terrace level has all the enhancements you’ve been looking for to host friends and family in style. Large home gym, check. Playroom with space for all the toys and a study room with built-in desks, check. In-law suite with living room with stone fireplace, bar with wine cooler and icemaker, bedroom and full bath, check. And multiple storage areas, check. With one of the best lots in the subdivision, this outdoor oasis is right at an acre, with multiple sodded and fully fenced areas to enjoy, all with irrigation systems. The walk-out backyard can be conveniently accessed directly from the main level. The lower fenced area is ideal for all your future pool addition dreams and the upper area includes a playset and space to run around, with a beautiful stone staircase between them. The impeccably landscaped yard provides unrivaled privacy and has a path that continues all the way to picturesque Nickajack Creek and miles of scenic nature trails. Vinings Estates’ resort-style amenities are second to none including 2 clubhouses, 3 pools, a water slide, 7 tennis courts, pickleball courts, a basketball court, fitness center and playground. This extraordinary home is in an ideal location close to the Battery, Cumberland Mall, Silver Comet Trail, Smyrna/Vinings with endless shopping and dining, and an easy commute intown and to Hartsfield-Jackson Airport. As a nice bonus it has the benefit of low Cobb County taxes!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2004
MLS Number
7377522
Location
Address
1409 Oakridge View Drive
City
Mableton
State
GA
Zip Code
30126
County
COBB (SOUTHEAST)
Listing
Provider
HomeSmart, original listing
Name
HomeSmart
Phone
(404) 876-4901
Office Name
HomeSmart
Office Phone
(404) 876-4901
Agent Name
Kevin Smith

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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.