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1306 Gordon Avenue
Thomasville, GA 31792
Ben McCollum with The Wright Group, original listing - (229) 226-2564
$2,235,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
5292 Square Feet
Property Description
Mill Creek represents an extremely unique opportunity to own a private estate located just minutes away from historic downtown Thomasville. Constructed in 1963, the house is a testament to the timeless contemporary design of Frank McCall, a highly regarded area architect. Situated on almost 10 acres, Mill Creek is positioned on a small bluff in a tree shaded canopy overlooking the stream. The house is constructed of premium materials including Redwood siding and Ocala limestone, with expansive windows that flood the house with natural light and bring the outside in. Interior details include a wood paneled study, reclaimed beaded board, heart pine and hardwood flooring, and select custom millwork throughout. Four large masonry fireplaces add to the warmth, comfort and substance of the 5 bedroom, 4.5 bath home. The gracious kitchen and butler's pantry have been completely renovated in recent years with solid surface granite countertops, custom cabinets, and professional grade stainless appliance. The kitchen also incorporates a casual dining area and comfortable den. Formal dining and living rooms are ideal for entertaining, and open to a large wraparound deck that is utilized for year around enjoyment. The grounds at Mill Creek have been professionally landscaped and beautifully maintained. The expansive lawn incorporates towering pines, palms, citrus trees, azaleas, camellias, and raised garden beds. The long driveway creates a dramatic approach past cypress trees and yellow iris as it crosses the bridge and provides a glimpse of the house beyond. Located in the desirable Gordon Avenue District, Mill Creek is a true rarity given the privacy and seclusion it provides relative to its close proximity to town, the hospital, the country club and other amenities. With too many features and upgrades to mention, this property must been seen to truly appreciate.
Property Information
Lot Size
9 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1963
MLS Number
--
Location
Address
1306 Gordon Avenue
City
Thomasville
State
GA
Zip Code
31792
County
THOMAS
Listing
Name
Phone
(229) 226-2564
Office Name
Office Phone
(229) 226-2564
Agent Name
Ben McCollum
Agency Phone
(229) 226-2564

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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.