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3237 Brisbane
Lithonia, GA 30038
$249,900
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1482
Property Description
What do we have here? A classic split-level home featuring three bedrooms, two bathrooms, two living spaces, and an open kitchen, all skillfully organized into 1,500 square feet with no wasted space. But the defining elements of 3237 Brisbane Way are its subtle nuances that might elude a less discerning buyer: a generous front lawn that gently slopes upward from the street; soothing hues of green that complement the privacy trees lining the back lot; and front planting beds ideal for a kitchen garden. These features collectively bestow a refined and welcoming charm, surprisingly affordable too. Recent cosmetic improvements include keyless entry smart locks, durable laminate wood floors in the common areas, all new plush carpet in the bedrooms, designer interior paint, stainless steel appliances, painted cabinetry and a vaulted ceiling in the living area accentuating the split-level floor plan. Not to mention, an oversized back yard, spacious patio and pet-friendly wood privacy fence. Time to sit back and unwind for grilling season and celebrating with friend and family in the summertime. One notable exception to the "newness" of it all is the floor-to-ceiling, brick-walled fireplace in the family area, wisely retained for its timeless appeal. Upstairs, you'll find three bedrooms, each with generous closet space, tailor-made for family living. The second bedroom is ideally suited for a home office, depending on your family's needs. Nestled on a winding avenue in a peaceful suburb, this is the kind of street where kids safely ride bikes, and neighbors have formed long-standing bonds. Yet, it's conveniently located less than two miles from I-20, near the Centre at Panola, offering a range of amenities, including a Publix, Lowe's, Walgreens, Walmart Super center, Tesla Supercharger, and for all the Caramel Mocha lovers, a Dunkin'. 3237 Brisbane is unique among its competitors. You will not find a more flexible design for your long-term use. Offered as a no-questions, no-surprises move-in ready package deal to hip you and to get you equipped for the summertime, priced under the $250k mark - an exceptional value in an area of the Metro that's sure to appreciate over time. So, if you're a ready-to-act buyer, call your agent today and submit your best offer because homes of this caliber at this price remain rare in this evolving market. Asking price: $249,900. Serious, well-qualified buyers only.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1978
MLS Number
10296714
Location
Address
3237 BRISBANE
City
Lithonia
State
GA
Zip Code
30038
County
DE KALB (SOUTHEAST)
Listing
Provider
Keller Williams Realty Intown, original listing
Name
Keller Williams Realty Intown
Phone
(770) 549-9465
Office Name
Keller Williams Realty
Office Phone
(770) 549-9465
Agent Name
Joshua Keen

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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.