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139 Stone Gate Drive
Reidville, SC 29334
$660,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
This GORGEOUS, meticulously maintained, Avery Construction custom built brick beauty in gated community with detached garage/workshop in district 5 schools, is a listing agents dream! The rocking chair front porch with stained concrete gives you a slight hit of what is in store behind that solid wood craftsman front door. Once inside, you are greeted by the open foyer, flanked in hardwood floors (which adorn the entire first floor) and 10 ft ceiling. The open concept dining room boasts an amazing custom designed ceiling, a signature of this builder, and inlaid design in the hardwood floor. The open floor plan leads you to the den with custom shelving and kitchen. THIS KITCHEN! A chef and entertainers dream, is enveloped by a BARREL CEILING that adds an architectural flare rarely seen in any home, custom designed/painted/glazed cabinets with a 4 inch tumbled tile back splash, under cabinet lighting, GAS stove, granite countertops, stainless steel appliances CUSTOM vented HOOD RANGE and huge center island! Don't miss the pullouts on either side of the stove; pan rack and spice rack. This is a kitchen you have to see in person to fully appreciate its magnificence. The master bedroom with yet another incredible Avery Construction custom ceiling, has an incredible on-suite master bathroom; walk in closet, claw foot tub, separate tile shower, double vanities with granite countertops, custom designed/painted/glazed cabinetry and stunning Brazilian cherry marine grade hardwood floors! The second and third generous sized bedrooms are a split floor plan on the other side of the house. The full bath they share has custom cabinetry, shower/tub, granite countertop and the Brazilian cherry flooring as well. This home has a fabulous second story bonus room with bump-out for lots of space and a full bath boasting the same flooring, cabinetry and countertops as the rest of the home. The exterior is just as stunning at the interior of this home. The screened porch overlooks the backyard of this .7 acre lot that backs up to private wooded space. No problem if you want to grill out or get some sun as you walk directly out of the screen porch onto the large uncovered patio which contains the stairs that take you down to the yard,which contains a full in-ground sprinkler system. As if ALL of this were not enough, there is a secondary 824 sq. ft. brick garage/workshop with separate AC unit and half bath. (Garage bath on a small septic system, please note. Verify drain lines, however, should not affect installation of a pool to the right should the buyer want that in the future.) The home has a HUGE crawl space large enough to store many things. This custom home is truly incredible and far too many details than space to list in the description. We are proud and excited to list this home and look forward to showing it to you!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
1519880
Location
Address
139 Stone Gate Drive
City
Reidville
State
SC
Zip Code
29334
County
SPARTANBURG
Listing
Provider
BHHS C. Dan Joyner, REALTORS, original listing
Name
BHHS C. Dan Joyner, REALTORS
Phone
(864) 242-6650
Office Name
BHHS C Dan Joyner - Midtown
Office Phone
(864) 242-6650
Agent Name
Lori Bayne

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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.