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823 Brier Branch Road
Graysville, TN 37338
$925,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3420 Square Feet
Property Description
Stunning Custom-Built Mountain Home in Sequatchie County. Nestled within a serene gated community in Sequatchie County, this exceptional 3,420 sq ft custom-built home offers the perfect blend of luxury and nature. Set on 5.43 wooded acres, the property provides privacy and scenic views, with direct access to trails leading to a community 20-acre lake, ideal for fishing, kayaking, or simply relaxing at the pavilion with swings, fire pit, and full kitchen. Key Features: * Spacious Living: 3,420 sq ft of living space with 3 levels of well-designed rooms. * Outdoor Living: A 1,136 sq ft wraparound porch, featuring a screened-in section and access to a six-foot wooden fenced backyard. * Main Floor: Includes a great room with vaulted ceilings, wood beams, and a gas fireplace, plus a dining room and a gourmet kitchen w/quartizite counter tops, black stainless appliances, gas stove and a pantry. There's also a small office with a built-in desk, a large master bedroom with a tray ceiling, a luxurious en-suite with a soaker tub, custom tile shower, and a walk-in closet that connects to the laundry room. * Upper Level: Features two spacious bedrooms with large walk-in closets, plus a full bathroom with separate sinks and bath/toilet areas for privacy. * Basement Apartment: Fully accessible with no steps, featuring wider doorways for easy mobility. This space includes 2 bedrooms, an oversized bathroom with a handicap shower, a large laundry room, a pantry, and an open-concept great room with a full kitchen w/granite countertops and dining area. The basement also includes a 1-car garage. Additional Amenities: * 2-car garage with direct access to the laundry room and stairs leading to a spacious 720 sq ft attic that could be converted into additional living space. *LVP throughout *All 3 levels heated and cooled separately *Tankless gas water heater *Quartz and marble in bathrooms *Tons of storage space throughout *Wooden fence in back yard for animals * The community features well-maintained walking trails, a pavilion with a full kitchen, bath house, and fire pit - perfect for family gatherings. This beautiful mountain home combines modern comfort with outdoor living and accessibility, making it ideal for families of all needs.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
823 Brier Branch Road
City
Graysville
State
TN
Zip Code
37338
County
RHEA
Listing
Name
Phone
(423) 883-9373
Office Name
Office Phone
(423) 499-9999
Agent Name
Nicole Wall
Agency Phone
(423) 499-9999

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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.