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146 Circle Hill Drive
Dallas, GA 30132
$765,000
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
5488
Property Description
Experience the privacy, tranquility, and natural beauty of this gated 7+ acre Mediterranean estate. The tone is set for a life well-lived as you embark up the long driveway and approach the grand entrance. Open the front door and you are greeted with a soaring foyer, flanked by a formal dining room and a living space, with travertine floors that flow throughout the main level. Large windows allow lots of natural light to flood into the family room, or draw the shades for a cozy night by the fireplace. The generous chef’s kitchen with pass-thru bar allows the cook to stay engaged with entertaining or family activities while preparing delicious meals in stylish stainless steel appliances. Don’t forgot to grab a drink from the wine fridge or beverage fridge as you step past the eat-in area and out the back door to the sprawling patio complete with hut tub, where you can enjoy the sunsets beyond the trees. Retreat to the oversized primary suite also located on the main floor with seating area, trey ceiling, and direct access to the back patio. Watch TV from the jetted tub of your spa-like bath with granite countertop, dual glass bowl sinks, tiled shower, separate water closet and two custom walk-in closets. A half bath completes this level. Next, head upstairs to the unique, spacious bonus area with double doors opening onto a covered balcony. Four guest rooms and 2 full baths are also on this expansive upper level of the home, offering endless possibilities for use as a media room, home office, or additional bedrooms. We’re not done yet! The full finished basement features a media/rec room, a kitchen, another bedroom, a full bath, a lounge area, a game room, and tons of storage space. An oversized 2-car garage, a circular drive that could easily accommodate a boat/RV, and luxurious grounds make this home a one-of-a-kind opportunity to call your own. (Easy access to Wellstar Paulding Hospital & shops and restaurants along Jimmy Lee Smith Pkwy/Hwy 278.)
Property Information
Lot Size
7 acre(s) square ft
Property Type
Residential
Year Built
2011
MLS Number
7347165
Location
Address
146 Circle Hill Drive
City
Dallas
State
GA
Zip Code
30132
County
PAULDING
Listing
Provider
Maximum One Realty Greater Atlanta, original listing
Name
Maximum One Realty Greater Atlanta
Phone
(770) 919-8825
Office Name
Maximum One Realty Greater ATL.
Office Phone
(770) 919-8825
Agent Name
Linda Piotroski

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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.