Home for Sale at 557 Gramercy Drive, Marietta, GA 30068

557 Gramercy Drive
Marietta, GA 30068

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Property Details

List Price:	$2,100,000
Beds:	5
Baths:	7
Status:	Active
SqFt:	8596
Agency:	Realty East Cobb dba Keller Williams Realty Atlant

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1997
Notes:	Stunning renovated home situated on a beautiful level lot flanked by cul-de-sacs in the highly coveted River Park community in the award winning Walton school district. As you pull into the circular drive and enter the home, you will immediately notice the natural light and beautiful wood floors. Dining area is to your right and sitting area with fireplace and built in bookshelves to the left. Straight ahead is two story living room with stunning fireplace, overlooking the impressive backyard pool area. An INCREDIBLE chefs kitchen just completely renovated with timeless finishes including stainless appliances (Wolf, subzero, Dacor), leathered quartzite island, and walk in pantry. Kitchen looks into the perfect vaulted fireside keeping room with beams and built in bookshelves. Perfect owners suite on main, with seating area, beautiful white and marble bath and dual walk in closets. Upstairs you will find three spacious en-suites - all with updated baths. One of the ensuites could be another primary bedroom with double vanities and a sitting room. Also upstairs you will find an additional room perfect as a craft area/office, gift wrap room, or crib area! Step down to the daylight terrace level and you will find the ultimate entertaining area - complete with a movie theater, guest room and full bath, gym, office, game room ,and family room. The backyard is the ultimate oasis - stunning pool, gazebo, outdoor hang out area, fire pit, swing, and plenty of play area for pets, etc. The deck is Azek Timber Tech (latest technology for long lasting decks) and spans the entire length of the house. Owner is absolutely meticulous with details and maintenance - stucco has been pre inspected by Lance Reid. Two brand new chimney caps. Newer homes simply can't compete with the quality construction of this home. Don't miss the opportunity to own a piece of paradise in River Park, one of the most sought-after swim/tennis neighborhoods in East Cobb, very close to dining, shopping and the Chattahoochee Recreation area.
MlsNumber:	7345232

Listing Provided By:	Realty East Cobb dba Keller Williams Realty Atlant, original listing
Name:	Realty East Cobb dba Keller Williams Realty Atlant
Phone:	(770) 509-0700
Office Name:	Keller Williams Realty Atl North
Office Phone:	(770) 509-0700
Agent Name:	Cyndi Contrucci
Disclaimer:	Copyright Â© 2024 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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