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8701 Emeraldwood Way
Land O Lakes, FL 34637
$850,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3274
Property Description
WOW - The Owners spared no expense on upgrades to this spectacular home. This 4 bed plus den plus bonus room home with 3 full baths is immaculate. Enter thru your double doors and you will be surprised by the high end details throughout the home; The foyer shows off the upgraded staggered tile that is throughout the home as well as look up and admire the wood accent coffered ceilings; The living room has a beautiful stone accent wall with back lighting and inlayed ceiling, the den has a French door entry with upgraded doors; the expansive grand room overlooks a wall of sliders that open to the oversized brick paved oasis complete with breathtaking views of the pond, an outdoor kitchen and bar, a covered area with upgraded ceiling fan and easy access to full bath; The living space includes high volume ceilings and open beams that create a rich accent to the totally updated kitchen featuring stainless top of the line appliances, island with sink, counter to ceiling backsplash, soft close cabinets, quartz countertops with beautiful ebony cabinets; the pantry is adorned with wood shelving, this 3 way split plan offers a Primary Suite with high ceilings, wall of windows with plantation shutters overlooking the backyard oasis; the bath has been totally updated with shiplap accent walls, upgraded lighted mirrors, quartz tops, step in shower and beautiful soaking tub, extra storage and a private water closet; even the linen closet has a full length mirror door and they included a wonderful niche with vanity table and extra storage; you will also find 2 bedrooms down private hall with upgraded bath in between - the bedrooms both have walk in closets and plantation shutters; and then a 3rd suite area includes a bedroom with walk in closet, plantation shutters, shiplap accent wall and full bath across the hall with access to lanai and a bonus living space that is perfect for relaxing and taking in a ball game on the oversized TV with sound board on a upgraded shiplap wall; Other features included: Brick paved drive, walk way and entire back patio; Tray ceilings in many areas; upgraded hinges on every door; Remote blinds for the living room; Top of the line drapes, Stacked stone wall accents, fully fenced yard that could be extended further on the side and in the back if desired; outside patio has built in umbrella stand, stove includes a built in pot faucet; The 3 car garage has finished flooring with top of the line storage cabinets as well as wired shelving that all stay. Over $200k in upgrades tastefully done - this is a WOW home in the highly sought after community of Connerton offering a Nature Preserve a sanctuary to hundreds of species of native birds and wild life. Scenic two-mile trail winds its way through natural wilderness, lakes and wetlands that are private. The trail is comprised of picturesque walkways, elevated boardwalks and asphalt trails. We also feature a major thoroughfare system of 10-ft wide sidewalks that allow for easy biking and walking passage. Altogether, Connerton has more than 10 miles of trails and oversized sidewalks. Club Connerton has a full time activities director planning social programs, youth programs and holiday programs, a kid zone area, fitness center with personal trainers pilates and fitness fusion, onsite cafe, tennis classes. basket ball court, large resort style pool, and barbecue pavilion. Owner is offering $5k INTEREST BUY DOWN - Buy this home with a lower interest rate -
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2020
MLS Number
U8225882
Location
Address
8701 EMERALDWOOD WAY
City
LAND O LAKES
State
FL
Zip Code
34637
County
PASCO (COUNTY SOUTHWEST)
Listing
Provider
Garnik, LLC dba Keller Williams Realty, original listing
Name
Garnik, LLC dba Keller Williams Realty
Phone
(727) 772-0772
Office Name
KELLER WILLIAMS REALTY- PALM H
Office Phone
(727) 772-0772
Agent Name
Vanessa Leonard

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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.