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1578 English
Forsyth, GA 31029
Melissa Stephens with BHGRE Metro Brokers, original listing - (404) 843-2500
$519,900
Conventional
Property
Bedroom
5
Bathroom
Full: 3
Property Type
Conventional
Square ft
2577 Square Feet
Property Description
Here's your private place to spread out in sought after Forsyth, GA (Monroe County)! Located in North Forsyth off of the Johnstonville Road exit. Brand new construction offering 5.4 +/- acres and over 2,500 square feet of living space in this 5 bedroom/3 full bath home! Enter through a formal foyer entry to find a formal dining room with decorative beams and trim work - it's perfect for formal dining or can be utilized as a great flex space (home office, etc). The kitchen features an island with breakfast bar, an informal dining area, pantry, stainless steel appliances, and granite countertops. The family room is spacious and offers a real wood burning brick fireplace with gas starter, rustic wood mantle and shiplap accent. The family room offers access to the large covered back porch with a rustic wood planked ceiling for additional entertainment & outdoor living space. The 5th bedroom/guest room is located on the main, along with a full bath to service the bedroom and guests. The main floor offers LVP flooring throughout. Upstairs you'll find a huge and private primary suite with soaring ceiling and a spacious bathroom featuring a tile floor, dual sink vanity with granite countertop, soaking tub with tile surround, an oversized fully tiled shower with glass door, and a big walk-in closet! The secondary bedrooms upstairs all offer walk in closets. There's a spacious laundry room too! This home has a brick water table on the front and sturdy Hardie siding on all sides. Two car garage with automatic openers. Covered front and rear porches with wood planked ceilings. The rear porch has a covered an uncovered portion for grilling. Situated on over a beautiful 5.4 +/- acre lot with sodded yard space and the rest in woods for nature and privacy lovers. The driveway is long and winding and the home sits back off the road. No HOA or restrictions here! Less than 5 minutes from I-75, yet you'll feel like you're away from it all, making this a slam dunk for commuters. Convenient to the quaint downtown Forsyth square, where there are many great local small businesses and restaurants and many local community events are held. Gas, grocery, shopping and dining are all less than 10-15 minutes away as well. Sought after Monroe County school system (KB Sutton Elementary, Monroe Middle, and Mary Persons High School). Use the preferred lender and receive 1% of your loan amount back towards closing costs and/or interest rate buy down. Home is nearing completion and can be closed in less than 30 days. Builder supplies a 2/10 home warranty at closing at no cost to purchaser!
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2025
MLS Number
--
Location
Address
1578 English
City
Forsyth
State
GA
Zip Code
31029
County
MONROE
Listing
Name
Phone
(404) 843-2500
Office Name
Office Phone
(404) 843-2500
Agent Name
Melissa Stephens
Agency Phone
(404) 843-2500

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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.