Medlock Park - No Commute Emory Neighborhood

While Emory commuters from outside the Atlanta Perimeter are gathering their children and rushing to their cars, homeowners in placid Medlock Park are still snoozing, or enjoying a second cup of coffee.

As North Decatur Road, the main conduit to the Emory community (Emory Hospital, Emory University, Eggleston Children’s Hospital, the Center for Disease Control ) creeps with traffic, many Medlock Park residents walk, bike or catch an Emory Shuttle Bus to work in the area.

Medlock Park residents are also fortunate to have nearby shopping centers with grocery stores, restaurants and shops, including a new Walmart, the DeKalb Farmers Market and soon to open Sprouts Market. There is also a Medlock Park with walking trails and playgrounds in the area.  It’s one of the most affordable and convenient neighborhoods in Atlanta, located less than 8 miles from downtown Atlanta and approximately 18-20 miles from Atlanta Hartsfield Airport.

During the past year, 26 homes have sold in the immediate Medlock Park area, ranging in price from $245,000 to $473,000 and averaging 25 days on the market.  Medlock Park properties come on the market and go very quickly, often with multiple offers.

If you are fortunate to be a successful buyer in this desirable location,  you too may enjoy a second cup of coffee while others are contemplating the car in front of them.

Atlanta Decatur Homes is a local real estate company, representing Buyers and Seller in Emory area neighborhoods like Medlock Park, Druid Hills, and close-in Decatur and Atlanta for over 25 years.  We also offer professional Property Management Services.

Originally published 5/14/2016 on Atlanta Decatur Homes Website

Will Home Mortgage Interest Deduction Survive

Posted on February 9, 2012 by atlantadecaturhomes

The American Dream and home ownership have been partners for a long time.

One of the cornerstones of our American housing policy has been the Home Mortgage Deduction, which has been in place since the inception of the tax code in 1913, and allows homeowners to deduct mortgage interest from their taxes.  The tax deduction on home mortgage interest lowers the cost of owning a home significantly.

The housing industry and prospective homeowners and sellers are facing many threats to a quick recovery. 

• Limited availability of long-term, fixed-rate mortgages
• Minimum down payments of 20% or more
• Higher standards to qualify for a home mortgage
• The number of Homeowners that are still “upsidedown” in their homes
• “Short Sales” and Foreclosures that are prevalent throughout the country

Now, our fragile housing market is threatened with a more far-reaching deterrent.  The mortgage interest deduction is being viewed by the Federal Government as an expedient way to reduce the federal deficit.  Lawmakers on both sides of the aisle are once again proposing measures to limit or eliminate the deduction.  The removal of this deduction would push any housing recovery into free-fall , causing the demand for homes to decrease and housing prices to tumble further.

Recent public opinion polls have indicated that although Americans overwhelmingly oppose eliminating the deduction,  lawmakers who are intent on reducing the deficit find this possibility enticing.  According to data from the National Association of Realtors, proposals to scale back or eliminate the mortgage deduction would cause home values to fall 15% for all homeowners, not just those with mortgages.

Lawmakers have bailed out the Banks and the car industry, but are now considering ways to cut benefits to average citizens, such as reducing Social Security and Medicare and  eliminating one of the few surviving benefits of home ownership.

Do the President and Congress understand the ramifications of tampering with this long-held tax deduction, especially given the present economy and the shaky housing outlook?  It seems ill-timed to say the least.

Atlanta Decatur Homes is a local real estate company selling homes in Atlanta, Decatur, and Emory University neighborhoods for over 25 years.

Riderwood Estates Neighborhood - Decatur Homes

Posted on July 24, 2011 by atlantadecaturhomes

Riderwood Estates is a quiet Decatur community located near the intersection of Pangborn Road and LaVista Road, approximately 5.5 miles from Emory University/CDC and close to Northlake Mall, a major shopping complex.

Riderwood Drive, Riderwood Court, and Hunting Hill Lane contain mostly mid-century Ranch homes with winding tree-shaded streets and well-kept lawns.  The homes are generally spacious, renovated and appealing to young families, singles and retirees.  The convenience to good schools, excellent shopping and medical facilities make this a particularly attractive place to live.  Recent sales prices in the neighborhood range from $301,000 for a beautifully renovated brick ranch with a stunning backyard to $189,000 for an estate “quick” sale.   

An incredible updated Emory Area home is currently listed for sale at 1794 Hunting Hill Lane, priced very competitively at $239,900.

• Family Room with Fireplace
• Spacious Living Room/Dining Room
• Sunny Eat-In Kitchen with Updated Appliances
• 3 Bedrooms/2 Full Baths
• Hardwood Floors/HVAC
• Finished Office in Basement
• Full Unfinished Basement – Workshop & Bonus Area with Fireplace
• Loads of Space!  Great Family Home!  Fenced Yard
• Super Neighborhood

If you are searching for an ideally located neighborhood with Decatur Homes that is convenient to shopping, restaurants, good schools and excellent medical facilities, drive through the welcoming streets of Riderwood Estates and picture yourself living in this dynamic community.

Atlanta Decatur Homes is a local Atlanta Real Estate Company, serving Atlanta, Decatur, Emory University, and Tucker neighborhoods for over 25 years.

Great Lakes - City of Decatur Homes

Posted on April 19, 2011 by atlantadecaturhomes

One of the most desirable neighborhoods in the City of Decatur is located just off Clairemont  Avenue. Some of the most beautiful Decatur Homes are found in Great Lakes, which  was named for long-vanished Lake Seneca, now a mostly dry stream in Waddell Park. 

History of Great Lakes

The surrounding streets were named for the famous French explorer, Samuel de Champlain and the Great Lakes he discovered in the early 1600′s – Lake Huron, Lake Superior, Lake Erie, Lake Seneca, and Lake Ontario.

Champlain was the first European to explore and describe the Great Lakes, providing some of the first maps and descriptions of the Great Lakes area – the largest fresh water system on Earth.  Lake Erie, which meant Lake of the Cat, was named for the Erie Indians who occupied the southern shore, literally called People of the Panther; Lake Huron, named Lac des Hurons, was the Lake of the Huron Indians; Lake Seneca the land of the Seneca Indians;  and Lake Superior was referred to by the early French explorers as Le lac Superieur, which translated to “Upper Lake”.

Clairemont Avenue, which borders the historic Great Lakes neighborhood, was originally part of a Native American trail leading to a crossing at the Chattahoochee, known as Shallowford Trail. 

Architecture of Great Lakes

Great Lakes was developed beginning in 1913 through the 1930′s and contains some of the most interesting architecture in Decatur.  Craftsmen-style bungalows predominate, but a large variety of Decatur homes exist, including English Tudor and Georgia Vernacular bungalows, as well as newer construction that mimics prevailing styles on a larger scale.  Great Lakes now falls within a Historic District which was  established in 2001.

Neighborhood Park – Waddell Park

Waddell Park, a ravine-like oasis and green space, is located at the corner of Huron Street and Champlain Street and serves as a local meeting place and play area, featuring a small nature trail.  Originally named “Closeburn Park”, but donated by the neighborhood in 1994 to the City of Decatur and renamed at that time for a local benefactor.

 Atlanta Decatur Homes, a local Atlanta real estate company serving Decatur, Atlanta, Druid Hills, Emory University and Tucker neighborhoods for over 25 years!