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5150 Howard Road
Cumming, GA 30040
$1,649,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4200
Property Description
Truly One-of-A-Kind in Forsyth. (Builder has guaranteed right from architect that plan will not be sold again in this zipcode!) Luxury Modern Farmhouse with so many amazing details! Brand new (2024) 8-inch Shaw Kensington European Oak hardwood floors just installed throughout. Your most discriminating buyer will be wowed by the soaring ceilings on both floors, the beams, the high end finishes. Perfectly situated on a quiet private drive off of Howard Rd. the home sits on 2 serene, fenced acres with pastoral views. Every room is light and bright with a plethora of windows. The 4 car side entry garage features an oversized bay to accommodate an RV/boat -or drop a wall and you have the perfect pool house with double french doors opening up to the most beautiful pool and patio! The Spacious Primary Suite features a wooden accent wall and soaring ceiling. The luxurious primary suite is paved in marble tile, has built-in storage shelves, an oversized steam shower, large dual vanities with back lit mirrors and quartz counters and a make-up station. You will never run out of hot water here with the two tankless heaters and your water will always be clean and fresh with the whole home water purification system. All 3.5 baths boast touchless toilets! Built with efficiency in mind - spray foam encapsulated insulation, all LED lighting, high efficiency Trane HVAC, and the aforementioned tankless heaters will have you saving money on utilities. The Kitchen features state-of-the-art JennAir appliances, a built in microwave, built-in fridge, custom cabinetry with built-in utensil storage features and spice racks, 2 hidden pantries, a wine chiller, and mud room. The gorgeous pool is flanked by limestone coping and features an in pool sun deck, spa, is heated and saltwater. Two hidden features - doggie room under the stairs and a kids play room upstairs complete this amazing property. Welcome home to 5150 Howard - built for and by the builder and waiting on you!
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2021
MLS Number
10263008
Location
Address
5150 Howard Road
City
Cumming
State
GA
Zip Code
30040
County
FORSYTH (County)
Listing
Provider
Atlanta Communities Real Estate Brokerage, LLC, original listing
Name
Atlanta Communities Real Estate Brokerage, LLC
Phone
(770) 240-2000
Office Name
Atlanta Communities
Office Phone
(770) 637-5070
Agent Name
Sophia Carrese

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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.