Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
7 Alabama Street
Cave Spring, GA 30124
Pete Ewing with Keystone Realty Group, LLC., original listing - (678) 932-2105
$850,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
4067 Square Feet
Property Description
A rare once in a lifetime OPPORTUNITY to own one of the most historically significant residences in Northwest Georgia! This incredible home is located in Cave Spring, which is a quaint, Gem of a little town in the foothills of the Appalachian Mountains just 15 minutes Southwest of Rome. Built in 1887 by a Belgian born merchant and former State Rep & Senator, the home was purchased and completely remodeled in 1929 by Dr. J B Rolater. Dr. Rolater became the little town’s greatest benefactor when he donated the land parcel where Rolater Park is located, the sprawling city park contains the Cave and Spring where the city got its name. Just prior to the collapse of the Great Depression this original Queen Anne Style Home was “modernized and updated with stunning Art Deco electric light fixtures, electric ceramic heaters in the fireplaces, central heat from a modern boiler system and radiators” many of which are still operational and, in the home, today. The front vestibule opens up to the breathtaking entryway, where the first thing to notice are the gleaming Maple hardwood floors! This incredible flooring is carried on throughout the home, and in most areas is highlighted with rich Mahogany Trim work and solid Mahogany doors. The entire home is bathed in natural light with floor to ceiling original windows. The downstairs living area is anchored by an exquisite fireplace built of an almost iridescent stonework shipped from the Rolater’s previous place of residence, Oklahoma. This fireplace has the fully operational circa 1920’s electric heater that still warms to a glowing orange hue. This masonry work is repeated on the fireplace in the formal dining room, with the original 1929 art deco chandelier serving as the centerpiece of the room. The adjacent butler pantry serves as a very functional additional storage area with the original cabinetry. There is a cozy space across the hall that serves as the current owner’s home office and is an ideal spot for the “work from home” professional. The “heart” of the home is appointed with professional grade stainless steel appliances and gleaming white cabinetry providing all the conveniences of modern kitchens, but with the original built-in shelving, exposed brickwork, and the 100+ year old hardwood floors the kitchen maintains all of the character and charm of the rest of the house. Don’t miss the little doorway over in the corner of the kitchen…behind this door is the “back” stairwell to the second floor! Also located on the main floor is an additional large pantry, just off the kitchen and the back entry to the home is the laundry room with a convenient half bath. Wind your way up the magnificent front staircase to the 4 bedrooms on the 2nd floor, each has its own full bathroom, all of which still have the tile work and fixtures from the early 20th century “upgrades”. Just off the Master Bedroom over the porte-cochere is an incredible room that is ideal for an upstairs family room! After all of this take the time to stroll back out onto the enormous front porch and start to take in the incredible setting of this magnificent home. The home is situated on a 1.35 Acre lot with a formal garden, soaring specimen trees of Magnolia, Chestnut, Oak, Gingko, and evergreens. 2 Car detached Garage w/ office space, additional outbuilding for your mowers and toys! All of this just steps away from the city center with antique shops, boutiques, pub and one of the most renowned restaurants in this part of the state. Then take a walk over to the Park with the Crystal Clear Spring emanating from the cave still serves as a water source for many of the residents and its 2 million gallons of water fills the largest pool in the State! Don’t miss this incredible opportunity!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1878
MLS Number
--
Location
Address
7 Alabama Street
City
Cave Spring
State
GA
Zip Code
30124
County
FLOYD
Listing
Provider
Keystone Realty Group, LLC., original listing
Name
Phone
(770) 634-1620
Office Name
Office Phone
(678) 932-2105
Agent Name
Pete Ewing
Agency Phone
(678) 932-2105

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.