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7460 Highway 101
Rockmart, GA 30153
Shawn Delaney with Maximum One Realty Greater Atl, original listing - (770) 919-8825
$625,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1728 Square Feet
Property Description
Newly Custom-Built Energy-Efficient Equestrian Ranch on 10 Acres with Detached 36' x 28' 3-Car Garage Metal Barn. This incredible property offers multiple cleared areas perfect for farming, gardening, recreational activities, or equestrian purposes! Nestled in a private, scenic location, the home provides a peaceful rural setting with stunning views, wooded areas, and a natural creek flowing through the back of the property with a Sitting Bench to take in the peace and serenity of nature. Enter through the gated driveway, and follow the private paved road, which includes cleared space ideal for potential additional family home sites, to arrive at a beautiful Craftsman-style ranch home. The property offers ample parking with a two-car carport and a detached 3-car garage. Relax on the welcoming front porch with stone accents, perfect for enjoying your morning coffee or an afternoon beverage. Inside, the foyer entry opens to a spacious open floor plan featuring a formal dining area and a fireside family room with a soaring vaulted ceiling. The stone fireplace with a cedar mantle creates a cozy retreat for cool evenings. The adjacent bright, open kitchen features 42" raised-panel wood cabinets, stone countertops, a travertine tile backsplash, stainless steel appliances, a custom wine rack, a built-in desk/coffee bar, pantry, and an eat-in breakfast nook. The split-bedroom plan offers privacy for the owner's suite, which features a tray ceiling, a large walk-in closet, and a luxurious bathroom with an extended double vanity with stone countertops, an oversized tile walk-in shower with frameless glass surround, and a jetted whirlpool tub to relax and unwind. On the opposite wing, there are two generous sized guest bedrooms and a full guest bathroom with a stone-top vanity and a tile surround tub/shower combo. The laundry room includes upper wood cabinets for additional storage. Throughout the home, luxury vinyl plank flooring and tile in the bathrooms and laundry room provide durability and style. This all-electric home is built with 2x6 framing, foam insulation, and a tankless water heater for exceptional energy efficiency, offering low utility bills and endless hot water. The septic system and well water add to the property's self-sufficiency, and propane hookups are available for the fireplace and kitchen range. Additional features include high-speed internet, a chicken coop, fruit trees, a storage shed, additional storage attic space, underground utilities with a streetlight, architectural shingle roof, and fiber cement siding. Nature lovers will enjoy the abundant wildlife and opportunities for hunting, hiking, and exploring on this property, which borders over 27,000 acres of the Paulding Forest Wildlife Management Area (WMA). Conveniently located near Hwy 278 and the Hwy 120 Connector, this home provides easy access to shopping, dining, and entertainment while offering the peace and privacy of rural living. If buyer closes loan with preferred lender, Mark Baker/SWBC Mortgage, lender will provide one-year temporary rate buydown (1% below current market rate) or closing credit at no cost to buyer.)
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2021
MLS Number
--
Location
Address
7460 Highway 101
City
Rockmart
State
GA
Zip Code
30153
County
POLK
Listing
Name
Phone
(770) 919-8825
Office Name
Office Phone
(770) 919-8825
Agent Name
Shawn Delaney
Agency Phone
(770) 919-8825

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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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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.