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65 Verbena Street
Clearwater Beach, FL 33767
$835,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1370
Property Description
Price Reduction! Paradise awaits you on North Clearwater Beach in this unique mid-century modern home designed and custom built by architect Harry S. Ransom for his parents in 1950. An old article was found from the Tampa Bay Times after its completion which is now displayed in the kitchen. Mr. Ransom studied the works of Franklin Lloyd Wright and designed this one of a kind masterpiece meant to bring the outdoors inside with a true connection to transparency, efficiency, simplicity, and nature. Sunlight filters into this two bedroom, two bath home from the many windows and reminds you that you are just a few blocks from the powdery sands of the Gulf of Mexico. Updated energy efficient appliances, whole-home seller-owned solar panels, and a gas water-heater keep your energy costs at an absolute minimum. The large Living Room is the perfect place to unwind with the focal point centered on an oversized wood-burning fireplace adorned with rare imported Roman brick. Enjoy engineered hardwood floors and amazing towering wood ceilings that continue throughout the home. Custom tall glass slider doors with wood trim separate the Living Room from the Family Room (easy transition to 3rd BEDROOM), which accommodates a breakfast table, desk, bookshelves, and a door that leads you out to a newly pavered patio on the side of the home. The Family Room with its over-sized wood-trimmed sliding door flows into the Dining Room where you will find large built-in cabinets for your china and dishes. Off the kitchen there is a rod iron enclosed nook that would be ideal for a bar, pantry or other creative uses! The Dining Room leads into the Kitchen with its modern appliances, ceiling fan, pantry closet, wood ceilings, and ample cabinetry and countertop space. The large Master Bedroom also enjoys amazing wood ceilings with exposed beams, an en-suite with shower and new vanity, and a built in dresser and shelves. The second bathroom has a tub/shower. The rare detached and over-sized two garage has a hurricane impact door, workshop bench, refrigerator, and plenty of room for storage. The fully fenced-in back yard is a true private getaway with newly pavered patio, brand new easy to maintain artificial grass and fire pit. Be sure to see the gardening/workshop room attached to the home in the back yard for all your plantings and crafts. There's plenty of room for your family and pets in this large yard and is the perfect place to relax. The roof was installed in 2018, and the roof over the garage is where all the solar panels are located. There is a tankless hot water heater, and there are five new mini a/c/heating units throughout the home for your comfort. Just across the street, you will enjoy a mini park perfect for boat watching, or enjoying incredible inshore fishing. Located on world-famous Clearwater Beach, which is often ranked #1 with its powder soft sands, endless entertainment, amazing fresh eateries, shopping, resorts, and unparalleled sunsets. Down the road you will find the beach access where you can meander your way to remote Caladesi Island. The Clearwater Beach Recreation center is also nearby and offers a boat ramp, clubhouse, pool, tennis courts, fitness center, basketball and pickleball courts. For those looking for a social club, beautiful Carlouel Yacht Club is short golf cart ride away. Welcome to the Beach!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1950
MLS Number
U8213171
Location
Address
65 VERBENA STREET
City
CLEARWATER BEACH
State
FL
Zip Code
33767
County
PINELLAS (CLEARWATER)
Listing
Provider
RE/MAX ACTION FIRST OF FLORIDA, original listing
Name
RE/MAX ACTION FIRST OF FLORIDA
Phone
(727) 443-6700
Office Name
RE/MAX ACTION FIRST OF FLORIDA
Office Phone
(727) 466-0800
Agent Name
Nan George

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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.

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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.