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1720 Tilling Way
Stone Mountain, GA 30087
$595,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3628 Square Feet
Property Description
Custom-designed and built to last, this spacious, one-owner Tudor boasts quality construction and craftsman finishes, evoking a sense of yesteryear and visions of the good living yet to come. Large rooms throughout were designed for comfortable everyday living, spectacular entertaining and memorable family gatherings, Close your eyes and you can see the 45 years of wonderful moments this home harbors: morning rush & family dinners in the breakfast room; game nights, holiday mornings and graduation celebrations in the den; intimate luncheons in the sun room; formal dinners and exquisite parties in the generous dining and living rooms; and decades of gourmet meals prepared in the beloved kitchen at the center of it all. Come inside this stunning, well-maintained home and imagine you’re here: Welcome Guests at the foyer (with powder room and closet), from where you see the living room, den and kitchen. The cozy den has a wall of cabinets with shelves, a brick fireplace, and a built-in wet bar. The expansive living and dining rooms flow together easily for gracious entertaining. The bright sun- and breakfast rooms feature full walls of windows with views to the back yard. It's hard to find this much natural light in a newer-built home! For a 3D tour, click the VIRTUAL TOUR link! Head upstairs, where you will find four generous bedrooms, two full baths and a laundry room with sewing table, ironing area & storage (so ahead of its time!). The substantial Primary suite features a masonry fireplace, two walk-through closets, an ensuite bath, and great natural light from the SE facing windows, and a beautiful stained-glass transom. Three other bedrooms each have double closets. But wait- there's more! Create your dream space in the full, unfinished basement. This walk-out terrace level leads to a side patio and features another wall of windows. From the timeless custom cabinetry and shelving in the kitchen, den, and wet bar; to the judges paneling, solid wood doors, floor and ceiling moldings, and the owners have always maintained the home perfectly. What next? That is up to you: now it's your turn to create more amazing experiences in this amazing Smoke Rise home. Situated on a one-acre corner lot with park-like greenspace just across the side, this home is ideally located in the middle of a quiet, double cul-de-sac in sought-after Summit at Smoke Rise, where The Summit Swim and Tennis Club (membership optional) is just behind one end of the street. Smoke Rise, in the City of Tucker, is a metro-area gem; a community of sprawling neighborhoods and unique, custom-built and well-maintained homes. Residents can also join the prestigious Smoke Rise Country Club.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1978
MLS Number
--
Location
Address
1720 TILLING Way
City
Stone Mountain
State
GA
Zip Code
30087
County
DE KALB (NORTHEAST)
Listing
Name
Phone
(404) 932-5771
Office Name
Office Phone
(404) 482-2293
Agent Name
Jody Steinberg
Agency Phone
(404) 482-2293

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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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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.