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4415 Madison Drive
Cumming, GA 30040
$999,999
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
5401
Property Description
THE HOME YOU'VE ALWAYS DREAMED OF IS NOW ON THE MARKET!!! Step into luxury living with this stunning home on full finished basement now on the market and awaiting your arrival. Nestled within the sought after Madison neighborhood, boasting tennis courts and swim, this residence immediately captivates with its charming curb appeal. From the welcoming front porch to the in-ground pool snd serene tree-lined backyard, prepare to be enchanted. Enter the grand two-story foyer, which beckons you towards an impeccable eat-in chef's kitchen equipped with state-of-the-art stainless-steel appliances, a sprawling island offering additional seating and storage, all complemented by a cozy window seat and a convenient breakfast bar for on-the-go meals. Just imagine the family hanging out while you create your culinary masterpeices! Hosting gatherings will be effortless in the separate dining room, perfect for entertaining as well as those small intimate family dinners. Open Views to the bright and airy family room - a masterpiece of design - features floor-to-ceiling stone fireplace, adorned with built-ins and crowned by a natural wood cathedral ceiling. The owners meticulous attention to detail is evident in the Architectural marvels throughout the home, including coffered ceilings, beamed wood accents, and elegant crown molding, adding a touch of sophistication at every turn. Unwind at the end of the day on the tranquil sunporch, complete with a fireplace and TV connections, offering a sanctuary for relaxation. Ascend to the second floor to discover your own luxurious master suite, boasting a custom tiled walk-in shower with seating, his and her vanities, and a sprawling closet with custom shelving. Three spacious secondary bedrooms, along with a remarkable laundry room and two full baths, ensure comfort and convenience for all. And that's not the end of this wonderful home!! Head down to the fully finished basement, featuring beamed ceilings, a bar, full-size fridge, and maintenance-free flooring, providing ample space for entertaining. An added bedroom and full bath offer versatility and the perfect place for added guests! Relax by the stone fireplace or venture outside to the covered patio and flagstone area, where a heated pool with waterfall, putting green, massive stone fireplace and expansive seating area await you. Embrace the serenity of this private backyard, enveloped by a backdrop of lush trees for the ultimate in privacy. With professional minimalist landscaping and an oversized three-car garage, this home effortlessly blends luxury with functionality. Recent upgrades, include a Ring security system, NEW pool heater, NEW exterior paint and HVAC (less than three years old) all ensuring peace of mind. A 10 year Termite warranty and retreatment plan can be transferred to the Buyer for an annual fee. Nothing needs to be done this home is so well maintained! Don't miss the opportunity to make this slice of paradise yours, nestled in a coveted neighborhood with amenities and a welcoming community ambiance....this home has everything you could want plus more!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2007
MLS Number
7365762
Location
Address
4415 Madison Drive
City
Cumming
State
GA
Zip Code
30040
County
FORSYTH (County)
Listing
Provider
Community Partners LLC dba Keller Williams Realty, original listing
Name
Community Partners LLC dba Keller Williams Realty
Phone
(678) 341-7409
Office Name
Keller Williams Realty Community Partners
Office Phone
(678) 341-7400
Agent Name
John R Cook

Local Real Estate Expert

MD
Margaret Buell D'Ambrosi
Keller Williams Community Partners
Call Today!: (662) 312-8934

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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.