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3385 Floral Court
Suwanee, GA 30024
$799,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3910
Property Description
Welcome to 3385 Floral Court. This 5 bed, 4 bath home has charming curb appeal, stunning designer pool and beautiful terraced back yard. This home sits on a large, private, .6 acre lot, including the most amazing backyard oasis with many garden levels, salt water pool with spa, diving rock and fountains, gazebo with outdoor kitchen, grassy area for play, and many fruit trees. There are patio areas galore, for dining, entertaining, sun bathing, gathering around your fire pit, even a space large enough for raised garden beds and setting up a game of corn hole. Back yard is also fully fenced and has additional decorative fencing with gates. As you enter the home, you are welcomed by hard wood floors through the entire main floor, a formal living room with glass French doors and staircase leading to the third floor. To the left you walk through the large dining room that features new lighting, chair rails and pass though swing door to the kitchen. The kitchen features a gas stove, granite counter tops, island with storage, pantry, under cabinet lighting, cozy dinette and a door to the back upper patio/deck. Next to the kitchen is a convenient laundry room and completely remodeled half bath. The back of the home has the family room which features a large stove and cast iron fireplace, built in shelves that are wired for speakers and storage cabinets. Upstairs you will find a very large primary bedroom, with a newly remodeled on suite bathroom boasting a glass shower, soaking tub, sky light and one of the longest double vanity counters you will ever see, great for storage and getting ready. In addition to the large walk in closet, the primary bedroom also has a mirrored closet that works well as an additional closet for his and hers, or for storing linens. There are 3 additional bedrooms upstairs, along with a shared full bathroom updated with new lighting, mirrors and fixtures for the dual sinks. The 5th bedroom is a large bonus with laminate flooring, a built in sink with cabinet and its own stair well leading back down to the kitchen. This bonus would make a great teen room, play room, art room, exercise room, etc. Off the main level there is access to the terrace level stairs through a private door. The finished terrace level basement makes a great in-law suite and features a full, also newly renovated bathroom, storage area, office and its own garage with room for all your tools and toys, plus 220 amp outlets for a kiln, tanning bed, etc. New sliding doors lead you to a walk out patio and a beautiful view of the gardens and pool. This level also has a keyed door for the option of having private entry for a tenant. The home features unique touches like wood arbors with winding wisteria, custom wood archway around the back patio door, and a romantic Juliet balcony with designer wooden dragon figurehead that looks like it came right off of a pirate’s ship. The long driveway features an extra parking pad, perfect for parking all of your guests. Home is the only one on the block with underground utilities, no wires from the pole to the roof. A majority of the home has neutral paint which has recently been refreshed, this home is ready for you to put your personal touches on it and make it yours. Sitting on a quiet cul de sac within the Maple Ridge community, home is short drive to Suwanee Town Center, Downtown Duluth, numerous Gwinnett County Parks, eateries and shopping. Served by highly sought-after schools, Maple Ridge has a voluntary low yearly HOA, community pool, tennis courts, community activities and a summer swim team - go Manta Rays!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1986
MLS Number
20174734
Location
Address
3385 Floral Court
City
Suwanee
State
GA
Zip Code
30024
County
GWINNETT (NORTHWEST)
Listing
Provider
homecoin.com, original listing
Name
homecoin.com
Phone
(888) 400-2513
Office Name
Homecoin.com
Office Phone
(888) 400-2513
Agent Name
Jonathan Minerick

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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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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.