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1516 Glover
Zebulon, GA 30295
Emily O'Steen with McLeRoy Realty, original listing - (770) 567-3030
$740,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
4160 Square Feet
Property Description
Nestled on a little over five picturesque acres in Pike County, this stunning 4,200-square-foot home is everything you've been searching for. As you approach the inviting front porch, you'll be drawn in by its Southern charm. Step inside through the foyer, where shiplap walls and elegant sconces create a warm and welcoming ambiance. The main level boasts three spacious bedrooms, including one currently used as a music room-perfect for a home office or creative space. Two full bathrooms offer comfort and convenience, while the open-concept living area seamlessly flows into the chef's kitchen. Designed for entertaining, the kitchen features a large island, wine cooler, double oven, gas surface cooktop, and a farmhouse sink with a unique window that opens to serve guests at the porch bar. Three stunning wood-burning stone fireplaces-two outdoors and one in the living room-add rustic elegance. Throughout the home, luxury vinyl and brick flooring enhance both style and durability. The thoughtfully designed laundry room includes a dog-washing station and a picturesque window, offering a serene view as you go about your day. Step outside to the expansive back porch, a true entertainer's dream, featuring ample seating, an outdoor fireplace, and breathtaking sky views. Downstairs, the basement provides even more living space, including a game room, additional family area, one and a half bathrooms, two more bedrooms, and a movie entertainment room complete with a bar, fridge, and sink. Other features include, wood ceilings, walk in pantry, large storage and maintenance room, attic storage, double garage, tankless hot water heater, spray foam insulation, and pet station. With wide open spaces and a tranquil creek flowing along the back of the property, this home is the perfect blend of luxury, comfort, and natural beauty-your dream home in Pike County awaits!
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
1516 Glover
City
Zebulon
State
GA
Zip Code
30295
County
PIKE
Listing
Name
Phone
(770) 567-3030
Office Name
Office Phone
(770) 567-3030
Agent Name
Emily O'Steen
Agency Phone
(770) 567-3030

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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.