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5099 Ne 124th Place
Oxford, FL 34484
$453,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2491
Property Description
This home boasts 3 bedrooms, 3 bathrooms, a Den, 2 car garage and your very own private pool. Once you step inside, the pool commands attention, creating a seamless connection between indoor and outdoor living spaces. Whether you're lounging in the family room, enjoying a meal in the dining area, or preparing breakfast in the kitchen, the tranquil beauty of the pool is ever-present, infusing the home with a sense of serenity and luxury. The den, provides a versatile space that can be utilized as a home office, playroom or create a custom space tailored to your preferences. The well-appointed kitchen features a roomy eat-in area, granite countertops with a bar top, ample cabinet space and a modern new microwave and range. The open-concept layout seamlessly connects the living, dining and kitchen areas, creating an ideal space for family, friends and entertaining guest. Lots of natural light, creating a bright and welcoming ambiance. A spacious primary bedroom offers an ensuite bathroom with its tasteful design, walk-in shower, garden tub and dual vanities. The second bath displays the same tasteful design and the third one is situated between the two bedrooms. This home features an inside laundry room with the washer and dryer included, offering ease and efficiency in managing your laundry needs. The gated community of Parkwood offers an array of amenities for the ultimate family lifestyle. Clubhouse, tennis, basketball courts, fitness center, resort style pool and spa to name a few, also conveniently located close to schools, shopping, dining, and The Villages, FL. This home offers easy access to everything you need. Whether you're commuting to work or exploring the surrounding area, you'll appreciate the unbeatable location and convenience of this property. Schedule a showing today and experience the perfect blend of comfort, style, and convenience. Take a look at the community website www.villageofparkwood.communitysite.com
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2009
MLS Number
OM675841
Location
Address
5099 NE 124TH PLACE
City
OXFORD
State
FL
Zip Code
34484
County
SUMTER
Listing
Provider
RE/MAX Premier Realty, original listing
Name
RE/MAX Premier Realty
Phone
(352) 753-2029
Office Name
REMAX/PREMIER REALTY
Office Phone
(352) 732-3222
Agent Name
Stephanie J Smith PLLC

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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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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.