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1507 Williams Road
Dallas, GA 30132
$1,900,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
6140
Property Description
Welcome to Pumpkinvine Manor. That’s right. This place has a name. That’s because this place is awesome! Not like, “Wow, man. This beer is awesome.” More like being completely gob-smacked. The owner has taken God’s raw materials and sculpted a showcase of the Almighty’s creation. It’s a work of art, and it’s awe-inspiring, and so it has a name: Pumpkinvine Manor. You’ll never want to leave. The house is first-class, and it sits 500 wooded feet from the road, upon 9+ private acres, over-looking Pumpkinvine Creek. Along the 750 feet creek frontage, runs a big, flat lawn and a pavilion featuring a full kitchen & utilities, ceiling fans, fire pit, swings/seating, and a flushing toilet. The house was built in 2020 and has all you’d expect in luxury living--details for days. Some highlights include a vintage walk-in cooler (wooden) door that guards a lounge with built-in curio cabinets and high-powered ventilation concealed within recessed lighting. Another (secret) room is hidden behind a bookcase doubling as a door. The kitchen holds a farmer’s sink, commercial grade cooking/ventilation, replete with pot-filler and a butler’s pantry. The Master Bath boasts a claw-footed soaking tub inside a double-headed shower room. The lighting, water, and door fixtures are timeless classics, and the fireplace burns real wood. The basement is an unfinished canvas, awaiting your dream of (theater, game room, ice cream parlor, fill-in-your-blank here). As the pictures show, this house is great, but Pumpkinvine Manor is an experience; it’s a trophy property, nestled within nature’s playground. You’ll drink up the views that pour in throughout, and become pulled into the nature that surrounds. Entertain in or outdoors, in the sunshine or the shade. Or keep it all to yourself. To promote lazy living, the creek holds a swimming hole that is approximately twenty feet across by twelve feet deep. So, take a dip and chill out. Float the waterways by kayak or inner tube. Fish from the bank or wade into the stream. Hit the trails on foot, bike, or ATV. Just think of the wildlife you’ll meet along the way: deer, fox, hawks, and eagles to name a few frequent visitors. Explore the area, off-property. Walk to Foxberry Farm, a large equestrian estate, with stables, paddocks, and jumps (it’s the next door neighbor). A short drive will find you hiking the Silver Comet Trail, hunting in Paulding Forest, or wake boarding on Lake Allatoona.
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential
Year Built
2020
MLS Number
7242667
Location
Address
1507 Williams Road
City
Dallas
State
GA
Zip Code
30132
County
PAULDING
Listing
Provider
eXp Realty, original listing
Name
eXp Realty
Phone
(888) 959-9461
Office Name
EXP Realty, LLC.
Office Phone
(888) 959-9461
Agent Name
Peter F Porcelli Jr

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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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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.