Home for Sale at 160 FAIRPLAY STREET, Rutledge, GA 30663

160 Fairplay Street
Rutledge, GA 30663

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Property Details

List Price:	$850,000
Beds:	4
Baths:	3
Status:	Active
SqFt:	5000
Agency:	Kim & Lin Logan Real Estate

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	1903
Notes:	Beautiful Colonial Revival home, circa 1903 located in downtown Rutledge right off the square just hi. This property is comprised of 2 city lots. One with the main house on Fairplay Street and the back lot being on E Main Street. This home is truly one of the prettiest historic homes in Georgia's Lake Country. Owners have lovingly restored and renovated it during their tenure. Property includes a 1.4 lot with the historic house and a 1.18 acre lot with the outbuildings. Find your perfect spot to relax and chill in over 2000 square feet of porches that include a balcony, veranda, and port cochere. 9 fireplaces with all the mantels intact. The house has heart pine floors throughout with just a few rooms with tile floors. The porches hold 31 columns that were added and expanded during it's 120 year life span. The house has 3 staircases. There is a master ensuite on the main level and another master suite upstairs. The three bedrooms up all share a hall bath with double vanities and a shower. The main floor includes a large dining room, a parlor, a foyer, library or den, a sitting room, eat-in kitchen with large pantry, master bedroom, 2 full baths and a sunroom or office. There is a back porch that overlooks a pretty fenced-in backyard. On the E. Main St lot you will find a greenhouse and/or root cellar with a potting shed or a "She" shed or studio. There is also a storage building. These lovely lots have old Oaks and Pecan trees plus several cultivated gardens and new trees. The sale includes rooms full of furniture, porch furniture and landscaping architectural pieces. Ask for a list of what is being conveyed to the new owners in a purchase. Rutledge is lovingly referred to as the "Small But Special" town and it is an amazing hometown. Outstanding Morgan County schools, popular recreational lakes nearby & Hard Labor Creek, one of the largest state parks right down the street, make this is a great place to move to and take advantage of the great outdoors, golf, horseback riding, and water sports. Easy access to I-20 makes commuting to Atlanta or Augusta doable. Athens is just 30 minutes to the North. Rutledge is a wonderful small town to raise a family in or retire to. There is a strong sense of community. The town hosts lots of festivals throughout the year and the very popular Summer Concert Series in the park. Seller is a actively licensed RE Broker in GA
MlsNumber:	66321

Listing Provided By:	Kim & Lin Logan Real Estate, original listing
Name:	Kim & Lin Logan Real Estate
Office Name:	GA Lake Country Homes Corp
Office Phone:	(770) 634-5855
Agent Name:	Michelle Strott
Disclaimer:	Copyright Â© 2024 Lake Country Board of Realtors, Inc (GA). 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

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