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711 Catamount Way Sw
Lilburn, GA 30047
$769,000
Conventional
Property
Bedroom
7
Bathroom
4
Property Type
Conventional
Square ft
4767
Property Description
Welcome to your dream home—a meticulously crafted multi-level, brick facade residence that exudes sophistication and warmth. This home is fit for royalty, perhaps even ideal for a multigenerational lifestyle. Nestled in the charming community of Hales Trace in Lilburn, this traditional home embodies a perfect blend of elegance and comfort. Approaching the home, a picturesque rocking chair porch invites you to savor quiet moments and take in the beauty. Enter to discover the grandeur of natural hardwood floors that lead you into a breathtaking two-story foyer flooded with natural light. Flanking the staircase, an elegant formal dining room beckons for memorable gatherings, while on the other side, a sophisticated office space awaits, offering the ideal environment for productivity. On the main level, discover a private bedroom and a full bathroom, providing a convenient and private space for guests, in-laws, or anyone who prefers single-level living. Think both privacy and accessibility. The grand living room with two-story vaulted ceilings create an expansive and airy atmosphere and accentuates the open concept that seamlessly connects to the kitchen—a culinary haven equipped with all the bells and whistles for both convenience and hidden storage. The kitchen, a focal point of the home, boasts a central island and opens up to a dining area with French doors that lead to the back porch. Revel in the joy of morning coffee with nature as your backdrop, or entertain in this space. Adding to the allure, the kitchen features a private stairway leading to the upper level. Whether ascending to the bedrooms or descending to the heart of the home, this thoughtful design element ensures both convenience and privacy. Climb the private stairway, to discover the crown jewel of this residence – the Master Suite. A haven of tranquility, the spacious retreat boasts double trey ceilings, creating an ambiance of luxury. The en-suite bathroom is a spa-like sanctuary with a double vanity, a newly remodeled shower and a huge walk-in closet that adds an element of indulgence to your daily routine. The upper level of this home features 3 additional generously-sized bedrooms, and 1 full bath. The terrace level, with its private exterior entrance, unveils a world of possibilities. This versatile space can serve as an in-law suite, providing a self-contained haven with the comfort of home. Alternatively, explore the potential for extra income by renting or air bnb. Indulge your shopping and culinary desires with the plethora of options just moments away. Explore local boutiques, dine in restaurants, parks, trails and libraries. This home provides easy access to major highways, including Hwy 29, Highway 78, and just minutes from I-285. Families can rest easy knowing their children are attending the highly reputable Parkview High School and Trickum Middle School district. Seize the opportunity to make this Lilburn residence your own—where luxury living meets unmatched convenience.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2000
MLS Number
7378812
Location
Address
711 Catamount Way SW
City
Lilburn
State
GA
Zip Code
30047
County
GWINNETT (SOUTHEAST)
Listing
Provider
Muffley & Associates, original listing
Name
Muffley & Associates
Phone
(404) 848-0996
Office Name
Weichert, Realtors - The Collective
Office Phone
(404) 848-0996
Agent Name
Rama Herrera

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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.

Free Foreclosure Listings

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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.