Home for Sale at 1521 Old Jonas Ridge Rd, Newland, NC 28657

1521 Old Jonas Ridge Rd
Newland, NC 28657

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Property Details

List Price:	$599,000
Beds:	2
Baths:	3
Status:	Active
SqFt:	1878
Agency:	Lacey Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2001
Notes:	Enjoy quiet, true mountain living in this quality, custom-built, open-concept, south-facing home bathed in natural light from the oversized abundant Pella windows, skylights, and sunroom. Cathedral ceilings with beams adorn the great room, kitchen, dining room and sunroom. Solid wood doors throughout and just-refinished oak floors in the great room, kitchen, dining room, sunroom, and hall. Brand new neutral, patterned carpet in the two main floor large en-suite bedrooms, both with double closets and tiled full baths. One has a walk-in shower and jetted tub. One has a tub/shower combo and laundry area with a linen closet. Large kitchen has a propane gas stove, tons of cabinets, pull out pantry and large peninsula, Full finished basement has both a private walk out door and stair access. The basement boast a huge bonus room with brand new neutral patterned carpet and a tiled attached full bath currently used as a guest suite. There is an additional basement room with a closet formerly used as an exercise room or could be used as an office. Storage galore in the basement as well as a huge attic space easily accessed in the upstairs as a drop drown folding steps. Total finished sq footage of the house is 3150 with three full baths. There is central heat and air, a whole house Generac generator for those power outages and a beautiful Vermont Castings propane gas stove tucked in the great room corner, and surrounded by natural stone- Huge two car garage. Large deck off the great room and dining room overlooking the scenic mountain views. Covered porch on the back with a utility room. Cute outdoor storage shed. Paved driveway. Lovely mature azaleas and rhododendrons. Property is located 1/2 mile from the Blue Ridge Parkway and mere feet from the Pisgah National Forest for the hiker in you. Must see! $599,00.
MlsNumber:	11259253

Listing Provided By:	Lacey Realty, original listing
Name:	Lacey Realty
Phone:	(828) 733-2151
Office Name:	Lacey Realty
Office Phone:	(828) 733-2151
Agent Name:	Amy Vaughan
Disclaimer:	Copyright Â© 2024 My State MLS. 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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