Home for Sale at 324 WALNUT MOUNTAIN RD, Ellijay, GA 30536

324 Walnut Mountain Rd
Ellijay, GA 30536

« Prev

Property Details

List Price:	$477,500
Beds:	3
Baths:	3
Status:	Active
SqFt:	2012
Agency:	PalmerHouse Properteis

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1992
Notes:	Experience the charm of 324 Walnut Mountain Road-an inviting home or getaway in the coveted Walnut Mountain Community. Situated a brief drive from the gated entrance, paved roads and a flat driveway make accessibility effortless without sacrificing the breathtaking views of the surrounding mountains and treetops. You will enjoy the changing seasons from any of the 4 porches, each offering its own perspective. It will be hard to pick your favorite-long range layered mountains or the array of colors from the tree canopy that has been maintained and improved by the owners. As a result, the deer favor this backyard so expect to see them regularly at dusk. A rocking chair front porch will welcome you inside where you are greeted by a stone wood-burning fireplace that stretches twenty-four feet to meet the cathedral ceiling. The handmade custom mantle adds a touch of craftsmanship, making it a beautiful focal point. 3 bedroom opportunities and 3 full bathrooms are spread across each level. A loft upstairs offers a bonus space that would make the perfect reading nook or office. The year-round homeowners recently invested in numerous upgrades, such as a new metal roof and gutters, updated appliances, new window treatments and flooring, chimney maintenance and a termite bond through the year. While Walnut Mountain is only minutes to downtown Ellijay & Blue Ridge, there are plenty of amenities within the community including fishing lakes, a waterfall, trails, tennis/pickleball courts, a playground, clubhouse and swimming pool. STR are allowed, contributing to successful income-generating properties, & all owners thrive to preserve the natural beauty that is unique to Walnut Mountain making it a peaceful place for all. Finding a combination of the best mountain living has to offer with the comfort and convenience needed for daily life or a stress-free getaway is a rare and difficult find. You must see this one in person to grasp its charm and potential!
MlsNumber:	402310

Listing Provided By:	PalmerHouse Properteis, original listing
Name:	PalmerHouse Properteis
Phone:	(404) 876-4901
Office Name:	HomeSmart
Office Phone:	(404) 876-4901
Agent Name:	Lindsay Isom
Disclaimer:	Copyright Â© 2024 Northeast Georgia Board of Realtors. 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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -