Home for Sale at 3418 Lionel Lane, Durant, OK 74701

3418 Lionel Lane
Durant, OK 74701

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Property Details

List Price:	$1,095,000
Beds:	5
Baths:	5
Status:	Active
SqFt:	4093
Agency:	EPIQUE Realty

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2023
Notes:	Beautiful custom designed and custom-built home in Camelot Forest Estates and Silo ISD. Professionally landscaped and manicured corner lot with full sod, mature trees, and custom 22 zone sprinkler system. Upon entering, you will be greeted by a massive 2 story fireplace and large living room with floor to ceiling windows that allow a magnificent view of the backyard oasis. The 2-story great room opens up to the dining area and kitchen with large island and hidden walk in pantry. A cozy den with cathedral ceiling, built ins, and fireplace sits off the kitchen for easy entertaining. Private office with lots of built in shelving and cabinets and glass doors create privacy but closeness to the family. Media room with tv wall mount connected to adjacent hall closet for convenience. Master suite and bath create a private escape with a stand-alone soaking tub, massive shower, walk in closet, and elegant decorative lighting. Downstairs 2nd master or in-law suite with private bath, walk in closet, and separate covered entrance attached to 3rd garage bay. Beautiful wood staircase leads to the 2nd level that includes large bedroom with private bath and walk in closet, 2 additional bedrooms with jack and jill bath, and a bonus room that could be used as exercise room, nursery, playroom etc. Walk in attic off bedroom closet has room for tons of storage. Home includes 3 separate AC units and 2 tankless gas hot water heaters. Garage has built in storage and dog wash station. Backyard oasis is perfect for family time, large gatherings, entertaining and includes wrap around covered patio, unique gunite pool with rock waterfall feature, spa, tanning ledge, barstools, basketball goal, and volleyball net surrounded by half-court basketball, fire pit, and turf. Large shop with garage door, interior plumbed for half bath and wet bar, electricity, waiting for finishing touches. Shop exterior, plumbed for outdoor kitchen, has a large covered sitting area and smart tv for pool side movies.
MlsNumber:	2412023

Listing Provided By:	EPIQUE Realty, original listing
Name:	EPIQUE Realty
Phone:	(888) 893-3537
Office Name:	Epique Realty
Office Phone:	(888) 893-3537
Agent Name:	Wil Montgomery
Disclaimer:	Copyright Â© 2024 MLS Technology, 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

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