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10505 Inglenook Terrace
Palmetto, FL 34221
$1,200,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3005
Property Description
PRESENTING A LUXURY PRESENCE LIKE NO OTHER! Once inside the highly-esteemed, tropical and lush grounds of the gated community of Taylor Morrison's Esplanade of Artisan Lakes, we present the sought-after Bella Casa Model in this home, boasting a combined heated plus unheated 3,840 square feet with 3 full bedrooms, each with their own en-suite bathroom, a separate powder room upon entry, a spacious 2 car garage - and Pebble-Tec Heated Pool & Spa, nestled on a premium .33 acre lot. Some of the splendid features of this home: Soaring ceilings with built-in speakers, a gourmet kitchen like no other - with stunning cabinetry upgrades, custom lighting, Cambria counters and Monogram Appliances. The extravagant outdoor kitchen is flanked by a supreme private setting adjacent to a conservation backdrop with a HEATED PEBBLE-TEC Pool & Spa. The pool has a wonderful water feature that allows the flow of water to mesmerize your senses and experience true peacefulness. The spacious lanai has custom LED color-changing lighting with a gated area and artificial turf for your pets. In addition, the screened lanai and front of home have extra storm coverage with hurricane screens operated via remote. This unique home has custom blinds throughout, an impressive master closet buildout, tankless hot water heater, whole house water softener, central vacuum, a lavish built-in walnut office what just might make working pleasurable, whole house generator, Luxurious Porcelain Tile throughout and a custom designed LED light column! The upgrades features & improvements are so vast, we have included them in the uploaded documents along with a walk-through video of the home. * https://youtu.be/PikVEt6tC5s?si=DMdEvX_beMk4IIUO * This signature resort living community offers incredible value and an elevated living experience through its plethora of activities: a community pool and fitness room, playground, sports field, courts to play the sport of your choosing, whether it is tennis or basketball or pickle ball, along with miles of walking paths to get your steps in. Situated very close to I-75 and numerous shopping areas, you are in a prized location! And those sugar sand beaches of the Gulf of Mexico are just minutes away, with Tampa International Airport just a quick 30-min ride. Welcome to Paradise in a Luxury Setting!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2018
MLS Number
U8235374
Location
Address
10505 INGLENOOK TERRACE
City
PALMETTO
State
FL
Zip Code
34221
County
MANATEE (NORTH)
Listing
Provider
RE/MAX Action First, original listing
Name
RE/MAX Action First
Phone
(727) 443-6700
Office Name
RE/MAX ACTION FIRST OF FLORIDA
Office Phone
(727) 531-2006
Agent Name
Stephanie Slavick

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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.

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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.