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385 Plainfield Street
Fayetteville, GA 30215
$550,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2591
Property Description
Discover Elegance in Fayetteville: A 2022 Bungalow Cottage with Timeless Charm Nestled in the heart of Fayette County, just a stone’s throw from the vibrant downtown City of Fayetteville, this exquisite 4-bedroom, 3-bathroom bungalow cottage exudes luxury and comfort. Built in 2022, this home harmoniously blends modern amenities with the quaint charm of a cottage. Welcoming Porche and Veranda: Step onto the inviting covered front porch or unwind on the serene back veranda, offering a peaceful retreat to enjoy the outdoors. Versatile Living Spaces: The grand foyer opens to an elongated hallway, flanked by two cozy bedrooms and a full bath on the left, and a versatile open room perfect for dining or an office space. To the right, find the convenience of a 2-car garage, a practical mudroom, and a laundry room accessible from both the hallway and the owner’s suite. Lofted Luxury: Ascend the stairs to discover a loft that adapts to your lifestyle—be it a family den, game room, or private in-law suite. This upper sanctuary features a spacious open room with ample windows, a full bathroom, and a bedroom complete with closets. Dual doors reveal a walk-in attic with generous storage and a dedicated HVAC system. Owner’s Suite Retreat: The owner’s suite, a haven of tranquility, is situated off the open family/living room, boasting high windows and an ensuite with a large tiled shower, chic sink, and a vast walk-in closet, from the closet a second door to the laundry room. A discreet side door connects to the covered veranda, offering a secluded outdoor escape. Out on the veranda is a built in storage closet. Grand Living Area: The heart of the home is the expansive living/family room, crowned with high vaulted tray ceilings and a warm gas fireplace flanked by built-in bookcases. Walls of windows frame views of the verdant veranda. Gourmet Kitchen and Dining: Culinary dreams come true in the large kitchen, featuring a grand island with granite countertops, double wall oven and microwave with a mid-size walk in pantry and a premium gas grill stovetop. In the large kitchen island is the dishwasher and stainless steel sink with ample room to eat. The walk-in pantry and abundant cabinets provide additional storage. Adjacent to the kitchen, the breakfast room or dining area, with its own access to the veranda, is bathed in natural light. Outdoor Oasis: The covered porch extends into a patio area with an integrated storage shed, blending functionality with outdoor living. Refined Finishes: Luxury vinyl flooring, elegant tile, and plush carpeting throughout the house. HVAC outside and I beleive this is a dual system for downstairs and the loft upstairs. The electric hot water tank discreetly housed in the garage tucked in a small storage area. The garage floor has been newly painted. Education and Convenience: Praised for excellent education, Inman Elementary and Whitewater Middle and High Schools boast high ratings and test scores. With shopping, dining, and entertainment mere miles away, convenience is at your doorstep. HOA Community Amenities: For a modest monthly fee of $156, enjoy the community’s clubhouse, expansive pool, fitness room, and the beauty of underground utilities, public water and sewer, streetlights, sidewalks, and common areas. This new subdivision, developed between 2021-2023, is a tapestry of stunning homes and neighborly charm. Welcome to a home that’s not just a residence, but a statement of lifestyle and luxury. The information is provided by the GAMLS and other public sources and is deemed reliable and correct but not guaranteed.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2022
MLS Number
20179195
Location
Address
385 Plainfield Street
City
Fayetteville
State
GA
Zip Code
30215
County
FAYETTE (SOUTH)
Listing
Provider
Keller Williams Realty Atlanta Partners, original listing
Name
Keller Williams Realty Atlanta Partners
Phone
(770) 692-0888
Office Name
Keller Williams Realty Atl. Partners
Office Phone
(770) 692-0888
Agent Name
Tim Houska

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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.